trueblueTEX wrote:TRO,
Regarding Limit orders: to place a Buy Limit, price already has to be ABOVE the Buy Limit price you put in.
So do you do the following:
1) red candle closes
2) green candle closes
3) wait till price is above high of Green candle and put in a Buy Limit so that when price falls back down to that level the Buy is activated
Is that what you do?
I am struggling with this too