Stop Running for Day Traders and Trend Trading

[shibuthomas1973]

I think you are becoming the missing link to my success in Forex. Thanks Dr. I think i have to learn lotts from you. Thanks again

[SilverShamrock71]

In the long example, at the point at which the stops are spiked, it is not at all obvious that this is a swing low, in fact if anything it looks to be a bearish continuation...

and the reversal doesn't kick in until the previous swing high is taken out...

although of course hindsight is 20/20...

[TopDogTrading]

That's EXACTLY what makes the strategy work so well - that's what it looks like to most traders, so they are caught on the wrong side of the trade, over and over again. But using these simple techniques gives you a "heads up" that it is not so. When you add a good cycle indicator and measure the fractal energy (not covered in this video, but see my video on the 5 energies) it makes it even more clear.

[foreshadow20]

What is the time frame suited for this strategy?

[TheLiptonGroup]

@foreshadow20

1 - minute bar charts

[TopDogTrading]

Thanks for your question. I've used this on anything from very short-term day trading charts, all the way up to daily charts. The time frame isn't a critical element for this setup.