EURGBP trailing stop loss to next fractal

Here is an example of using fractals for trailing a stop loss. On my EURGBP long trade a new fractal has formed (actually a higher low), allowing for a tightening of the stop loss.

Stop trailed to fractal

Stop trailed to fractal

Stopped out on two trades

Both open trades have been stopped out. One at break even, another with a small loss.

All 8 trades so far in Feb have been loss making. I missed a few good signals but overall trading conditions have been quite difficult.



AUDNZD H4 (02-12-2016 1950)

GBP trades looking good, trailing my stop to fractal

Both GBP trades are looking good, I’m trailing my stop to the latest fractal on GBP/USD

Ichimoku cloud

Trailing stop on GBP/USD

Stop zero on GBP/USD and GBP/JPY ahead of releases

Series of events on the docket in the coming minutes for the GBP, I trail my stop to B/E on both trades.

Stop trail on NZD/USD

Position still in profit this morning. I reduce risk by trailing the stop down to Kijun Sen.

Simplified Ichimoku

I trail the stop down to Kijun to reduce risk exposure