Today I received an email from a reader that asked how to place a stop loss. I think that is a great question and I decided to do a short video to help him understand how to place your stop so that you can have good trades without much risk.
The best way is to use support and resistance levels along with the highs and lows of the candles that you see the entry signal. This video can also be seen as a current buy setup in the Usd/Cad.
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Winner’s Edge Trading, as seen on: