Dienstag, 18. März 2008

1-2-3 formation in eurchf

4 Kommentare:

timo4sho hat gesagt…

Hey Notebooktrader,

would you be so kind and elaborate on your trade management on this trade ... i.e. stop loss placement and profit target?!

This is being greatly appreciated!

notebooktrader hat gesagt…

I timo

stop loss - profit target is mostly the same as explained in the my strategies - exit posting.

stopp is 1R = 1 volatility and so is the target

timo4sho hat gesagt…

OK! But from the example you provided, IMHO it is not quite clear how you calculate the volatility.
It rather seems as if you entered on a retracement and set your profit target at the prior swing high and measured the distance between your entry and target and subtracted this from your entry as your stop loss ... is that how you do it???

Thanks for clearing it up!

timo4sho hat gesagt…

maybe you could provide us with a chart (USDCHF) where you have marked the significant points for us to clarify this?!
that'd be great