I'm talking about using a stop order for entry. I.e., you could band the congestion zone with a buy stop and sell stop, then when you get filled, move the other stop up to whatever makes you comfortable as a stop-loss.Quote from tzachi:
if we know that it will explode to the same direction...we dont need any SL.
Quote from Holey Grail:
I'm talking about using a stop order for entry. I.e., you could band the congestion zone with a buy stop and sell stop, then when you get filled, move the other stop up to whatever makes you comfortable as a stop-loss.
