RE: Bitcoin Trade (BTC/USD) Buy Chart : 30-Aug-2017

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Bitcoin Trade (BTC/USD) Buy Chart : 30-Aug-2017

in trading •  7 years ago 

How did you calculate your stop loss placement and how do you add the fractal entry and stop loss lines? are they manually drawn or is their another format option i missed?
Also you wrote before that you know your exit point before entering..how is that calculated? Is it based on fractal future data or just desired profit target?

trading
7 years ago by

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      ·  7 years ago 

    The stop loss point (in this case) is the last low fractal (with slippage/spread)... I have marked them manually on the chart to show it visually... all these are purely done on the basis of fractal geometry...

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        ·  7 years ago 

      Thanks for the prompt reply. Will keep a daily eye on this to see how it evolves.

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