Eitan1010, would like to figure out best stop loss placement for this technique.
On your video you are showing stop loss under the immediate pivot after the HG arrow gives signal to trade.
At times, we get in into the trade when momentum already going, i e, pivot is far away from the price, i e large stop loss, even for 1:1 RR.
Can you explain what you are doling during these time , when the nearest pivot is far away from the entry price?
On your video you are showing stop loss under the immediate pivot after the HG arrow gives signal to trade.
At times, we get in into the trade when momentum already going, i e, pivot is far away from the price, i e large stop loss, even for 1:1 RR.
Can you explain what you are doling during these time , when the nearest pivot is far away from the entry price?