Search found 3 matches

by Daniel Cheng
17 Jan 2008
Forum: MCFX
Topic: Real Breakeven?
Replies: 5
Views: 3445

How would I able to set a stop loss 9 pips higher than my entry price?

For example, if a long entry is 201.00 for GBP JPY. After the market move up let say 10 to 15 pips, than the stop loss will be set at 201.09?
by Daniel Cheng
15 Jan 2008
Forum: MCFX
Topic: Real Breakeven?
Replies: 5
Views: 3445

set a real breakeven

When I try to use " SetBreakEven ", the computer will set the breakeven at the entry price. For example, if I long GBP JPY and entry is 201.10. the computer will only set the breakeven price at 201.10(entry price). I will still loss 9 pips from the spreads. What I would like to do is set the breakev...
by Daniel Cheng
15 Jan 2008
Forum: MCFX
Topic: Real Breakeven?
Replies: 5
Views: 3445

Real Breakeven?

Hi I am almost finishing my strategy for GBP JPY. I try to use “_Stop & Targets” signal for the Breakeven Stop. However, there are 9 pips spreads for GBP JPY when I do a real trade with FXCM. How can I adjust the 9 pips spreads? So, the computer will do the “Real Breakeven stop” including the 9 pips...

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