QuoteDislikedI remember reading about managing a trade by moving up your stops on the 4 hour chart using 2 bars as a guide. I've been searching through the thread but I can't seem to find the details of the "2 bar 4 hours trailing stop" method.
I'm guessing that for a long, you trail your stops below the low of the 2nd bar back. I'd like to verify this strategy. If someone can point me in the right direction I would greatly appreciate it.
Greetings all...
scott,
I've got mild amnesia, so can't remember if there was such a post. However, i do remember that mbqb11/Mike mentioned that in the PF's guest material, in at least 1 video . Hopefully this video sheds some light on your concern.