Trail stops. How tight? I guess that goes with experience. I find smaller highs and lows when I go to smaller Volume bars, but they are usually too tight. Nice legit short break of NQ, right? -Tech
My stops on intraday swings are usually inital stop and or break even then I start to scale out. Unless I'm averaging up, then I simply use pivots highs and lows for strategic points. Anek
If short, look out for previous pivot highs areas and place strategic stops and/or lookout for reversal formations. Remember you can always get back in a trade. Anek
Anek, I have been following your thread for sometime now. Want to thank you very much for your help. I appreciate it. Took the ES double top short (simulated though) around the same point 1538.25 around 12:45 EST and covered around 1536.25 at 12:56 EST. Scaled back in at 1538.25 at 1:06 EST You didn't cover some when ES pulled down to 1536.25 around 12:56 EST ? Where were your scale out points? Just trying to find out when you scaled out, only at 1533 (significant support) ? Thanks disciplinetrade
D, DTs at the top and DBs at the bottom are most definitely NOT scalp type of plays but intraday swings. Use trendlines to guide yourself and scale out at significant Ss and Rs. Anek