Stop loss will be below 90 e.g 89, if i want 2 points stop loss , i will buy at 91. Like i said previously, it will depend where daily pivot, 3 day rolling pivot is in relation to price etc.. , plus context. You should finish the book and paper trade ACD system to get a feel for it. In the meantime, you can continue LIVE trading with existing method. When you feel comfortable with ACD, you can make it a part of your existing system. It took me 3 months of paper trading to get a sens eof ACD and then i combined it with my existing system. Now ACD is my main system and rest is secondary.
what does your magenta lines are used for and what are they? I am just testing a smaller time frame OR to see if i want to aitch to smaller time frame OR.
GM all 10:30am EIA Natural Gas Storage Change est. 63 range 53 to 68 prior 55 11:00am DOE Crude Inventories est. -2000K range -4000K to 1500K prior 5281K DOE Distillate Inventory est. 500K range -3000K to 1500K prior 363K DOE Gas Inventories est. -1400K range -3000K to 500K prior -2795K DOE Refinery Utilization est. -1.00% range -3.0% to 0.95% prior -1.10%