Dislikedi know what u mean ..but if u trade on day dailly generally u place stop below the low right..well on a 16 month chart i place the stop below the low of the candle..i caught the wrong side of a range..but we were always in that range..
im just glad i got the hell out otherwise id be down again..lol
edit:- look at this chart ..how bearish is it to u?
the reaction is completely expected because of the huge bear candle on the left..but u cant dismiss a follow through..Ignored
http://www.forexfactory.com/showthre...82#post6028382
Ghost Rider - WWTBMD?