Yes I want to be stopped out. But at -10 pips from my entry, not at -35 pips from my entry.
I guess my initial description was confusing, so let me ask it another way: If current close price is, say 1.3500, and I set my stop at -10 pips (i.e. at 1.3490), will that stop be hit if the next close is 1.3495? Logically, one would say no - that the close price would have to go down to 1.3490 or lower. HOWEVER, if the high and low of that same bar swings between 1.3515 and 1.3580, does this mean my stop will in fact be hit? In other words, are stops hit based on close price of a bar or based on the high/low of a bar?
