That's why I liked that particular level for a breakout trade via a stop order. There was a magnet below that made the R:R very solid to me and the stop order places you in the direction of price movement. Very low risk/high reward. Once crude has made a few pushes in one direction, I have trouble picking "safe" entries, so I let the market enter for me
I think NoDoji trades a similar pattern with a similar stop. I'd heard of the rule of 10, what 60s rule? Edit: Are you German? I thought it was cstfx who was German/European
Yes, I'm Spanish... Fritz Yeah, that sucks, but considering your previous trade today you are not authorized to complain (by order of the whining authorities)