tag:blogger.com,1999:blog-5029913367534282695.post1539050650703026027..comments2023-03-22T18:09:32.069+08:00Comments on Daily GJ Technical Analysis: GBPJPY analysis - an imminent breakout?? mkohttp://www.blogger.com/profile/08939116688739850549noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5029913367534282695.post-13525842972359595192009-03-05T10:13:00.000+08:002009-03-05T10:13:00.000+08:00To be frank, I also have the same dilemma. Nothing...To be frank, I also have the same dilemma. Nothing is 100% perfect in forex.<BR/><BR/>That's why we need to place stop-loss in case we're wrong. <BR/><BR/>The stop should be placed just outside of the nearest peak if the market breaks to the downside or the nearest trough if the market breaks to the upside.mkohttps://www.blogger.com/profile/08939116688739850549noreply@blogger.comtag:blogger.com,1999:blog-5029913367534282695.post-64468823685750739812009-03-05T09:09:00.000+08:002009-03-05T09:09:00.000+08:00Thanks a lot for your kind reply.Another question,...Thanks a lot for your kind reply.<BR/>Another question,<BR/>how do you identify the breakout successful or failed in a very short time while you watching the screen and prepare put the trigger? For me, half the time,I was either stoped out by the fake breakout or too late to put the trigger. This really puzzled me too much.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5029913367534282695.post-86707532391015279412009-03-04T20:01:00.000+08:002009-03-04T20:01:00.000+08:00Since I was on screen during the breakout, I used ...Since I was on screen during the breakout, I used a market order.<BR/><BR/>I seldom use a stop order unless I am confident on the market direction and will be away from screen.<BR/><BR/>Hope this helps.mkohttps://www.blogger.com/profile/08939116688739850549noreply@blogger.comtag:blogger.com,1999:blog-5029913367534282695.post-1858447735766782462009-03-04T16:21:00.000+08:002009-03-04T16:21:00.000+08:00Dear GJ.Trader,For this type of pattern breakout,w...Dear GJ.Trader,<BR/>For this type of pattern breakout,which kind of order do you place it,market order or stop order?Anonymousnoreply@blogger.com