Reasonable, safe and effective stop loss placement for Waves

5 Ogo 2017

Hi fellows, In this educational post, You will learn where your stop loss is reasonable, safe and most effective and increase the rate of success. Stop placement is a professional skill. Trading without limiting losses is highly dangerous. When it comes to trading on waves and classical chart patterns then your stop loss should be there where it is safe and secure. When a trend starts to appear and set the direction of that particular asset then you can use that place for stop loss. Normally we call that place impulse generation point and we call this technique putting stop loss behind the impulse. I will post couple of examples for better understanding. If you have any question regarding this then please you can post in the comment area i will try my best to answer of your questions.Thanks fellows.

5 Ogo 2017

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Here we got the 1st simple example for understanding.

5 Ogo 2017

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I think some of you fellows do remember this daily and 15 minute post. If you do then this is gonna be easy for you to understand.

6 Ogo 2017

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Here we got another example fellows.
You fellows can see the impulse clearly on this chart
Stop behind the impulse and price never violated that impulse

6 Ogo 2017

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Just look at the recent example fellows.
I was anticipating the TCP and it has completed
Entry from top of the channel and stop behind the impulse