Disliked{quote} Hi Emmanuel, could you please explain about 2CLB for stop loss? Is it to place stop loss at the third to last candle like below example? Thank you. {image}Ignored
hi @kizan
Your Daily Stop Loss at the swing high of the sell entry is a common way how we would place our initial stop loss for single entry trade.
In the case of multiple entries in swing trading and position trading, we would look at the Weekly candles and the H4 candles, and using the Weekly candle PA for 2CLB.
Note the Weekly must be trending ...
Example of a Weekly 2CLB when we are swing trading
you will see it better when you turn on the W-candle
...
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