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Last seen: Nov 2, 2024
But he also talks about the Walmart trade 🙂 - take a reasonable swing entry, set your profit and stop loss and walk away. I think it depends on wha...
I have been always confused by this as well, so I usually do everything in initial risk and don't worry about actual risk. If I am not moving my stop,...
In some ways it's good if you can only trade first 2 hours of the open. As Al would say, there is usually a swing entry in the 1st two hours on enough...
Yeah usually for scalping RR is 1:1. I will not go below .5 of risk. In terms of points, Al says 1/2-1 of avg bar size.
You can start with something reasonable like 2:1 RR on the swing setups (like H2 or L2 at EMA), and then measure it over time. You will have to find o...
Well, its at least not saying sell - Tails below bars, doji sideways bars, and if you look to bars on the left, it looks like a trading range, and we ...
In general, it means the market has been above the ema for approx. 20 bars, and is now touching the EMA, so there will be buyers willing to buy (they ...
ok. Like I said, after 4 bear bars, and just based on b5, I wouldn't expect a test of MA before a 2nd leg down (which could go below b4 and take out y...
Well, my own analysis would be - after 4 bear bars, you are looking for ways to sell and not buy ( Yes, there is opening reversal, but usually you wan...
Generally, what Al means by this is using limit orders to buy below bars ( e.g, you have a 4 bar bull micro-channel, and you buy the low of the 4th bu...
Usually all trading software will allow you to set stops even on options, so you can set a bracket order for profit and stop on options just like othe...
>Do we look out for a bear BO (in a bull channel) and is there a 80% chance it will fail? In general, you want to look at the bear breakout of th...
There isnt one correct answer - You will have to try the stop at the initial risk( below signal bar), and over time measure based on your trades, whet...
I think one way to look at Actual Risk is looking at what the minimum stop should have been after the trade completed successfully - I think its also ...
