It depends on the situation. BUt I generally do..
I like to place it where I think price wont come. and have some things to look out that will make me close.
Some times is hard to place it at the Momo. Also sometime I Use momo bar for confirmation but wait for a retrace to enter.
Mixing some experience and observation with the DeadHorse Rules!
Mr. Hyde wrote:
JESGPY wrote:Deadhorse come back
1R on GJ short 2r un GU short
So up 2R for the day.
Its friday I am out!
Things I notice that I want to add to Alias coment on my trade.
1. Steep Mas give nicer entries
2. Entries near MA are nicer to.
Thanks for the help and the encouragement in trading and posting ..
I see your also doing the more aggressive sl and using the momo bar and not the swing. Am I correct in this assumption? Also awesome job