Mixed signals across different time frames Hold of 2460 sets the stage to 2510-2515 on breakout But the daily bar from 8/10 still says down on failure of 2473/74 Sept indicating 2400-2500 range http://www.marketwatch.com/story/th...eading-into-a-treacherous-pullback-2017-08-14
For my clients I charge $7,000 for services If you are a bear and think the breakout will fail then 72/74 2 gaps underneath right now If you are a bull then you already bought low 60's of the IHS right shoulder and are targeting continuation And if you are a trader Then you just keep taking your shot with predefined risk and targets and letting probability run its course
No stops equals unchecked ego and blown up account Also you severely limit your profits because you can't define r:r without a stop and profit target on every trade I suppose one could trade stopless if you are not leveraged and add to losers to reduce basis but eventually you will get hung up. Go follow EMG in chit chat. I think he is still hung short at like 2170's from this style of trading.