Hahaha... I can't stop laughing at the downwards trajectory GBP/JPY has been on since I got out of my long GBP/JPY trade.
Clearly, there's a benefit in moving your stop - especially where Bernanke is involved!
Even if I end up with lots of 10 pip gains the majority of the time, that one time you don't move your stop could end up killing you.
Still, I need to now figure out which trades I can actually get more than 10 pips and stick to my limits as well.
In this case, discipline trumps greed! <3
And unfortunately, it's only ever funny when you're not the one in the trade...
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