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 13, 2012 10:58pm Jun 13, 2012 10:58pm
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #656,644
- Jun 13, 2012 11:01pm Jun 13, 2012 11:01pm
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #656,647
- Jun 13, 2012 11:06pm Jun 13, 2012 11:06pm
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #656,650
- Edited 11:07pm Jun 13, 2012 11:07pm | Edited 11:07pm
- Joined Oct 2009 | Status: Trader | 1,271 Posts
- #656,651
- Jun 13, 2012 11:09pm Jun 13, 2012 11:09pm
- 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 13, 2012 11:15pm Jun 13, 2012 11:15pm
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle
- #656,654
- Jun 13, 2012 11:21pm Jun 13, 2012 11:21pm
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #656,656
- Edited 11:28pm Jun 13, 2012 11:26pm | Edited 11:28pm
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #656,658
- Jun 13, 2012 11:30pm Jun 13, 2012 11:30pm
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle