Dislikedif you go to a 4h chart using candles.. you will see a bullish engulfing over whatever star/spinner you want to call it.. usually bullish.. except we are in the middle of a range. in this situation a sl would be places at the wicks ends plus 1 or 2+spread if needed.. the candle closed at 80.x.. this is where candle users get the green light to enter. why not place your entry near the low.. you will be in less trades with less risk and make more. so what you miss a trade. the ones you get in will pay more. you can also lower that 1% to a 1/4.. on...Ignored
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those who can, do. those who cant, talk about those who can
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those who can, do. those who cant, talk about those who can
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those who can, do. those who cant, talk about those who can
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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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Founder of Sutherland Wave Principle
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"Study the past if you would define the future." Confucius
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"Study the past if you would define the future." Confucius
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Founder of Sutherland Wave Principle
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"Study the past if you would define the future." Confucius
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Daily Target: 20 pips