Disliked{quote} Do you see that nice "LONG" rising trend line to the left? Do you see how quickly they cleared their books today. It's like price marching up the mountain for days, weeks and months, and then BAM! Over the cliff it goes, to a point low enough they can close all the sell trades they made on the way up. They work with limited capital the same as us and they have to go flat at some time to be able to reuse that capital. While I make no trade suggestions to others or offer trade management ideas, I can say that I would "expect" to see the bounce...Ignored
Thanks for the lessons.
On your sell stops (and TP) you have below the market, are they placed at any particular price or just placed at certain intervals?
Also, how do you deal with SLs when new entries are added? Are they placed with an EA when orders are hit or do you place them manually? Where do you place the SL if you have more than 1 position open? Are all SLs in the same place?
Thanks
EDIT: Sorry, just started reading your blog. I'll find the answers.