Hi,
I'm new to this method and I think I've spotted a setup for silver. But I am still unsure about defining how big the range actually should be and if it should include all highs.
If you look at my chart I see there two possabilities. Line one covers most of the highs, but line two is more conservative as it includes some lower highs too. Where and why would you put your lines?
Thanks in advance!
Janson
@seattlerust
I am interested in your trades too since I'd also like to trade this way (set & forget). My initial idea for profit taking is simply two fold risk.
One question: Have you had overall success trading NB especially intraday?
I'm new to this method and I think I've spotted a setup for silver. But I am still unsure about defining how big the range actually should be and if it should include all highs.
If you look at my chart I see there two possabilities. Line one covers most of the highs, but line two is more conservative as it includes some lower highs too. Where and why would you put your lines?
Thanks in advance!
Janson
@seattlerust
I am interested in your trades too since I'd also like to trade this way (set & forget). My initial idea for profit taking is simply two fold risk.
One question: Have you had overall success trading NB especially intraday?