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?
Search found 3 matches
- 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...
- 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...