Wave-Trader

Reasonable, safe and effective stop loss placement for Waves

השכלה
Wave-Trader מעודכן   
OANDA:EURUSD   יורו / דולר אמריקאי
Hi fellows, In this educational post, You will learn where your stop loss is reasonable, safe and most effective and increase the rate of success. Stop placement is a professional skill. Trading without limiting losses is highly dangerous. When it comes to trading on waves and classical chart patterns then your stop loss should be there where it is safe and secure. When a trend starts to appear and set the direction of that particular asset then you can use that place for stop loss. Normally we call that place impulse generation point and we call this technique putting stop loss behind the impulse. I will post couple of examples for better understanding. If you have any question regarding this then please you can post in the comment area i will try my best to answer of your questions.Thanks fellows.
הערה:
Here we got the 1st simple example for understanding.
הערה:
I think some of you fellows do remember this daily and 15 minute post. If you do then this is gonna be easy for you to understand.
הערה:
Here we got another example fellows.
You fellows can see the impulse clearly on this chart Stop behind the impulse and price never violated that impulse
הערה:
Just look at the recent example fellows.
I was anticipating the TCP and it has completed Entry from top of the channel and stop behind the impulse

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