Pick where you should put your stop FIRST. . Before anything else at the exchange... then decide on your trade size or amount to trade... pick an amount that will not hurt if you lose.... Then you walk away from the computer with no worries... And almost always the perfect place to place the stop will be below or over a recent low or high...
GBP/USD... another appearance.... Three falls... twice now retrace to the 61 fib lineup... will it do it a third time...?? I say a fantastic possibility that it will....