no problem, it's a simple method of placing them near the last
higher low, and near major MA's, or just above or below a
trendline
here's some examples of past ideas. Also - when trading daily
patterns, also look at 2hr and 60 min time frames where you might
see patterns or divergences or even higher low areas for stops that
are now showing up on the daily. The BEAM daily and 60 min is a
good example, notice how on the 60 min you clearly see a bunch of
higher lows that you can use for stops that do not show up on the
daily
see attached images
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Thank you for sharing how
MARA move stops up
Posted by anjali25 on 30th of Jan 2024 at 02:07 am
Thank you for sharing how you manage stops
no problem, it's a simple
Posted by matt on 30th of Jan 2024 at 09:24 am
no problem, it's a simple method of placing them near the last higher low, and near major MA's, or just above or below a trendline
here's some examples of past ideas. Also - when trading daily patterns, also look at 2hr and 60 min time frames where you might see patterns or divergences or even higher low areas for stops that are now showing up on the daily. The BEAM daily and 60 min is a good example, notice how on the 60 min you clearly see a bunch of higher lows that you can use for stops that do not show up on the daily
see attached images