GBP/CHF Short trade was doing well on Friday and I lowered stop to lock in profits of 500+ pips. The weekend pause may cause this to gap up and take me out of this short trade - At least I'll have made some pips to take home for Christmas. If it does I'll look for a long trade to enter at a good price and I'll allocate 200-300 pips in stops making a total gain of 2-300 pips on this short.
Part of my trading strategies is to allocate some profits from good trades to stops helping maintain a positive balance with trades.
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