Interesting pattern, but what is %K and %D?

Hello everyone, I joined this forum about 2 weeks ago and I've to admit that this place is a treasury of knowledge. Today, using the knowledge gathered here, I thought I'd show a trade I have pending right now (sell stop). Any comments or helpful ...

PeterFM's advice to stick to daily charts, a 365 EMA, buy/sell stop orders at above/below the candle wicks, staying with the trend, and my own rule of staying out of the cross-currencies (for now). If I can't predict the trend, I don't trade. ...

This will help you. Basically, limit orders are used to indicate the maximum price you're willing to pay, and stop orders are mainly used (at least, in my experience) to ensure that the market is heading in your direction before making any trades. ...