Using ATR to set Stop Loss in Forex Trading

One of the swing trades I did in forex last month was buying the Canadian dollar against the Japanese Yen. It was a promising trade, having a high-reward/low-risk ratio (R/R) of almost 9! Shortly after opening the position though, my stop loss was hit. Should I have used an ATR % stop method, the trade would have been successful.

Continue reading at TradingGraphs.com

Get my Posts in Your Email For Free!

I will deliver my posts straight to your inbox as soon as they're published.