[cattus]

Yes, Walter. It depend of the pair we are trading.

This year I experimented with the S/L, using ATR, fractals, moving averages, a variation like describes Soultrader (the best one than I used), and other very bad methods to place the s/l. And since the middle of this year to now, I am convinced that the best is to give the smaller number of pips in the case of if we propound in wrong way the trade (wrong argument), recognize this, wait for a better point to entry on the same way, or finally, switch the mind from bull to bear or viceversa.

Anyone of the strategies of S/L that you and Solutrader described here it is an excellent method in order to use like last defense (well, I guess that the first method of defense is to have a good argument to entry with a trade).

Yours methods to place the s/l confirm to me what I was thinking about the best way to manage s/l...

Thanks.

cattus