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Topic: Preserve mode (Read 566 times)
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snipingforex
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Preserve mode
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on:
May 31, 2011, 02:10:37 AM »
The trading strategy in the book states that we move to 'preserve mode' when the distance between price and entry is more than 250 / 300 pips. Does this mean that we move our stop imediatly as price hits this boundry? Or do we wait until we have a close above/below this boundry on the daily chart?
Thank you very much for your efforts.
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Last Edit: May 31, 2011, 02:48:26 AM by snipingforex
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sunman4008
Ichimoku Analyst
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Re: Preserve mode
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Reply #1 on:
June 09, 2011, 12:56:32 AM »
Hello,
I move it immediately.
-Manesh
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snipingforex
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Re: Preserve mode
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Reply #2 on:
June 12, 2011, 01:42:24 AM »
Thank you very much for your reply.
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