Dear Fellow Members.
I am new to the trading and i have following question on Trailing Stop...
1. Lets say i sell eur/usd at 1.5156 with no take profit and stop loss of 1.5200
If the current Euro/uSD is 1.5000 and i put trailing stop of 100 pips at this point, how will it work??
2. If the eur/usd is 1.5100 and i put trailing stop of 100 pips how will it work.
HOW DOES TRAILING STOP WORKS...I AM TOTALLY CONFUSED....
Any help on this would be appreciated..???
thanks
I am new to the trading and i have following question on Trailing Stop...
1. Lets say i sell eur/usd at 1.5156 with no take profit and stop loss of 1.5200
If the current Euro/uSD is 1.5000 and i put trailing stop of 100 pips at this point, how will it work??
2. If the eur/usd is 1.5100 and i put trailing stop of 100 pips how will it work.
HOW DOES TRAILING STOP WORKS...I AM TOTALLY CONFUSED....
Any help on this would be appreciated..???
thanks
Thanks and Regards
Zamir M Iqbal