can you please zoom into the chart and show your entry and stop-loss areas; im new to this and trying to learn which bar to enter trade and where to put stops; thanks
Hi suhail please look at this thread where I describe the guts of how I trade: http://www.sierrachart.com/supportboard/showthread.php?t=27362 My posts will make more sense once you read this. My stop is the little grey bar on the left side of the price ladder, It can be generally anywhere from 1-3 points, and I will adjust it depending on price action around it...but rarely will give it more than 3 points max. My public purpose here is to lay out a plan for the day regarding movement between levels; the posting of trades is for my own journal-ing/documentation. Please don't follow them blindly if you're new :)
can you please zoom into the chart and show your entry and stop-loss areas; im new to this and trying to learn which bar to enter trade and where to put stops; thanks
ReplyDeleteHi suhail
ReplyDeleteplease look at this thread where I describe the guts of how I trade:
http://www.sierrachart.com/supportboard/showthread.php?t=27362
My posts will make more sense once you read this.
My stop is the little grey bar on the left side of the price ladder, It can be generally anywhere from 1-3 points, and I will adjust it depending on price action around it...but rarely will give it more than 3 points max.
My public purpose here is to lay out a plan for the day regarding movement between levels; the posting of trades is for my own journal-ing/documentation. Please don't follow them blindly if you're new :)