Then I set the position size accordingly, risk is always 1% (1R).
For the trades from the weekly high and low I use the weekly ATR(4) smoothed with a 4 period ema.
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Dislikedhi guys, a good start to the week with e/u and oil, i trade very similar to you but i do not do the retrace part, be goodIgnored
DislikedCurrently, I use 20%-22% of the daily ATR(5) smoothed with the 5 period ema for my intraday trading (as SP explained in his posts).
Then I set the position size accordingly, risk is always 1% (1R).
For the trades from the weekly high and low I use the weekly ATR(4) smoothed with a 4 period ema.Ignored
DislikedYes it was nice trading last night. Good returns. Be careful not to let your position sizes get too big or take too many correlated trades.Ignored
DislikedThis is cooler. Can we add a place to put some description for the lines. Maybe right aligned(to the extreme right of the platform).Ignored
DislikedOlarion, do you start to look for levels after FO or after LO only.Ignored
DislikedOlarion, do you start to look for levels after FO or after LO only.Ignored
DislikedTalk about correlation! What is happening to EU and GU? So -vely correlated.Ignored