The trend has had some days to take a breath.
First I want to see if it is a turningpoint. I usually do this by "wait and see" using a trigger.
Often this trigger is a break of floor/roof as well as a break of fractal.
Regadring stoploss, I use between 1 and 1.5 atr. But I dont think this is an optimal way to do it.
Often wrong, never in doubt.
First I want to see if it is a turningpoint. I usually do this by "wait and see" using a trigger.
Often this trigger is a break of floor/roof as well as a break of fractal.
Regadring stoploss, I use between 1 and 1.5 atr. But I dont think this is an optimal way to do it.
Often wrong, never in doubt.
Trade active:
Hacker voice - I'm in
Trade closed: stop reached:
Trail stop reached. No catfood for me tonight