APA - Chart Link an educational follow up
on these tight doji long setups: I listed APA on the the weekend
newsletter because of that doji candle from Friday with a long
trigger if the high of the doji was taken out - it never triggered.
Again, these type of setups are mechanical - you need a trigger, if
no trigger no trade.
that said you have another doji today that could be objectively
used as a long trigger tomorrow - if the high of the doji is
breached - stop goes at the low
APA comments
Posted by matt on 6th of Jul 2022 at 02:41 pm
APA - Chart Link an educational follow up on these tight doji long setups: I listed APA on the the weekend newsletter because of that doji candle from Friday with a long trigger if the high of the doji was taken out - it never triggered. Again, these type of setups are mechanical - you need a trigger, if no trigger no trade.
that said you have another doji today that could be objectively used as a long trigger tomorrow - if the high of the doji is breached - stop goes at the low
Thanks Matt… curious how long
Posted by greggone on 6th of Jul 2022 at 03:24 pm
Thanks Matt… curious how long you will normally wait (time or % up) after the trigger before trailing up stops?