Could you please direct me to the post by Grob stating that the initial entry stop is to be the bracket in the other direction ? Or is the stop placement your intrepretation only ? I didnt think Grob advocated stops.
I am prepping for my Tucson IBD meeting on the 8th. I was assigned by the group to do a compare and contrast on a set of broadly accepted stop strategies including the one I advocated for ES. This will include both Equities and commodities. We used stops in Paltalk and there it was based on market pace and volatility.
This will be emailed to the group in advance and used as a hand out at the meeting too.
Here we can set stops up as SCT 7 - A Market Stops.