Have taken this EB entry on M15, given the size of the signal candle I will be placing my stop at the 50% level rather than behind the low.
Like the idea 60MM of moving stop behind the retrace of the trigger candle. Can I ask if you go behind the signal candle and then wait for the close of the trigger candle and go behind there ? That being the case stopped trades dont get hit for a full unit of risk ? Thanks as always for your valued help.
Best Regards.
Like the idea 60MM of moving stop behind the retrace of the trigger candle. Can I ask if you go behind the signal candle and then wait for the close of the trigger candle and go behind there ? That being the case stopped trades dont get hit for a full unit of risk ? Thanks as always for your valued help.
Best Regards.