The most effective calculation point for a time stop...

Discussion in 'Technical Analysis' started by RangeTrader, Jul 3, 2012.

  1. A time stop's starting point should be calculated from the engulfing reversal and/or the lowest low/highest high before the engulfing reversal.

    That is the best way to do it. No second guessing and makes for easy backtesting. I prefer engulfing reversal.

    That is if you don't have the gut instinct to just do it by feel... Which is the better way IMO.
  2. ocean5



    please stop posting bamboocha bands
  3. ===============

    Problem with ''gut feel'', that really doesnt help without much experience.And there are a few markets, in which i have done well, for many years ;
    but my'' gut feel'' tries to get me out weeks or months ahead of the trend end.

    Moving averages, quarterly candle charts[meaning 30 or 40 candles per 10 years/+.......]. are much moore helpful to me than any kind of ''gut feel'':cool: Lots less comissions/slippage help much, also.........................

    Wisdom is profitable to direct.:cool: