Dislikedif you go to a 4h chart using candles.. you will see a bullish engulfing over whatever star/spinner you want to call it.. usually bullish.. except we are in the middle of a range. in this situation a sl would be places at the wicks ends plus 1 or 2+spread if needed.. the candle closed at 80.x.. this is where candle users get the green light to enter. why not place your entry near the low.. you will be in less trades with less risk and make more. so what you miss a trade. the ones you get in will pay more. you can also lower that 1% to a 1/4.. on...Ignored
- #656,642
- Jun 14, 2012 12:58am Jun 14, 2012 12:58am
- Joined Oct 2008 | Status: sideline is a position | 105,133 Posts
those who can, do. those who cant, talk about those who can
- #656,644
- Jun 14, 2012 1:01am Jun 14, 2012 1:01am
- Joined Oct 2008 | Status: sideline is a position | 105,133 Posts
those who can, do. those who cant, talk about those who can
- #656,647
- Jun 14, 2012 1:06am Jun 14, 2012 1:06am
- Joined Oct 2008 | Status: sideline is a position | 105,133 Posts
those who can, do. those who cant, talk about those who can
- #656,650
- Edited 1:07am Jun 14, 2012 1:07am | Edited 1:07am
- Joined Oct 2009 | Status: Trader | 1,271 Posts
- #656,651
- Jun 14, 2012 1:09am Jun 14, 2012 1:09am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #656,652
- Jun 14, 2012 1:15am Jun 14, 2012 1:15am
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle
- #656,654
- Jun 14, 2012 1:21am Jun 14, 2012 1:21am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #656,656
- Edited 1:28am Jun 14, 2012 1:26am | Edited 1:28am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #656,658
- Jun 14, 2012 1:30am Jun 14, 2012 1:30am
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle