The trend has had some days to take a breath.
First I want to see if it is a turningpoint. I usually do this by "wait and see" using a trigger.
Often this trigger is a break of floor/roof as well as a break of fractal.
Regadring stoploss, I use between 1 and 1.5 atr. But I dont think this is an optimal way to do it.
Often wrong, never in doubt.
First I want to see if it is a turningpoint. I usually do this by "wait and see" using a trigger.
Often this trigger is a break of floor/roof as well as a break of fractal.
Regadring stoploss, I use between 1 and 1.5 atr. But I dont think this is an optimal way to do it.
Often wrong, never in doubt.
Trade active
Hacker voice - I'm inTrade closed: stop reached
Trail stop reached. No catfood for me tonightDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.