danbuttigieg,
Absolutely you would have set your buy stops at the high of the candles, plus the spread, plus 3 pips. You notice that neither would have triggered had you placed your buy stops properly. The formula Entry + Spread + 3 pips will keep you out of trouble many times!
Good Catch on the chart though~!
Absolutely you would have set your buy stops at the high of the candles, plus the spread, plus 3 pips. You notice that neither would have triggered had you placed your buy stops properly. The formula Entry + Spread + 3 pips will keep you out of trouble many times!
Good Catch on the chart though~!
DislikedThanks for this ... however aren't these two (marked) candles ones to take since they closed above the blue line? Or are they ignored as they are going against the trend?Ignored