Where Should I Place a Stop-Loss using Forex Trend Lines?

Determining Where Should You Place a StopLoss using Forex Trend Lines?

Forex Trend Lines

A Forex trend line can be used to set stop losses where the stop loss order is set just below the trend line.

As long as a trend line holds a trader will be able to continue making profits while at the same time set this stop-loss order which will lock his profit once the trend line is broken.

Example of where to set stop loss orders using Forex trend lines.

Where Should I Place a Stop Loss using Forex Trend-Lines? - Setting Stop Loss Order below the Forex Trend Line