Recently I have noticed an increase in "good" trades taken on a 10 min time frame in the eminis that ultimately go in the direction and target price i am looking for but unfortuneately i have been getting prematurely stopped out due to incorrect stop loss limit. i.e.- my stops are too tight. I have read about using Wilders Parabolic indicator as an exit strategy . USE the parabolic to set a stop loss when entering the trade. Does anyone use the parabolic for this use or has anyone tried using it unsuccessfully?? THANK YOU
