Disliked{quote} hi Ken, I am a low tech person and don't use any EA to manage my trades, however from my understanding "Chandelier Stop" is used for exiting a trade with profit...Ignored
Hi LK. Many thanks for that. I am finding that my trade management sucks so much on the shorter TFs that I seem to be better off walking away from the computer, or at least letting the trade manage itself, rather than me interfere with it. Not the best way to manage profits I know, but better than cutting trades too quickly.
Great day for you all yesterday considering it was a Monday too. I ended up in profit modestly, but could have been so much better. I wish I could find more success trading Asian session, which due to my location would be better time-wise. I only get to trade the first 3/4 hours of London, so I miss a lot of trades. I am just not good at spotting volatility during Asian. Sometimes, it is flat as a pancake, and other times, makes a big move in Asian, which leaves London ranging a lot of the time.
Anyway, great trading and thread. Good luck to us all.