Stops that breathe with the market
Fixed pip stops ignore conditions. A common approach: place stop at 1× to 2× ATR beyond structure invalidation.
Example: XAU ATR(14) on H1 = $8. Stop beyond swing low plus 1.5× ATR ≈ $12 buffer from low — adapts when gold is volatile.
ATR stops are guides — always reconcile with support/resistance (Module 3) and your max risk in dollars.