[quote=robots4me;12252532]{quote} @parisboy -- this is good, thank you. I like your statement about bands and approximate amplitudes. I hadn't thought about it before, but now I realize that is probably one of the reasons why I find it more comfortable looking at a price chart with a TMA band superimposed. Also, I'm always curious about how people apply Stop Losses. I'm still experimenting -- I like yours.[/quote]
@Robots4me you will like it more! !
For "cyclical reasons" about which I will not elaborate here to stay short in such an Uptrend on the DAX you can position your Stop Loss at the level of the Last Low (I know you like Lows !) or slightly under .
On the chart you can see "gliding Stop Losses" following the Uptrend.
Conversely on a Downtrend you position your Stop Loss at the Level of the last Top or slightly above
That is the first rational method to position Stop Losses
@Robots4me you will like it more! !
For "cyclical reasons" about which I will not elaborate here to stay short in such an Uptrend on the DAX you can position your Stop Loss at the level of the Last Low (I know you like Lows !) or slightly under .
On the chart you can see "gliding Stop Losses" following the Uptrend.
Conversely on a Downtrend you position your Stop Loss at the Level of the last Top or slightly above
That is the first rational method to position Stop Losses
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