Hey guys,
Great thread. I just finished reading the entire thing. I don't think this has been discussed.
How do you guys approach setting stops on IB's when the range is really small? Like 10 or 15? When the range is this low I'm not comfortable risking 1 or 2%.
My thoughts are only consider it a strong or valid signal if you can confirm with other TA as always.
Possibly use the outside bar as the entry/stop?
Do any of you have a rule on a minimum stop?
I apologize if this has already been addressed.
Great thread. I just finished reading the entire thing. I don't think this has been discussed.
How do you guys approach setting stops on IB's when the range is really small? Like 10 or 15? When the range is this low I'm not comfortable risking 1 or 2%.
My thoughts are only consider it a strong or valid signal if you can confirm with other TA as always.
Possibly use the outside bar as the entry/stop?
Do any of you have a rule on a minimum stop?
I apologize if this has already been addressed.