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Re: CoyotteHey there Coyotte, Good to see the thread back in action, (Well done Rich for your efforts to get it back on track) Excuse my lack of knowledge, but can you explain what calculations are used to plot the "rising stop".... I can see the "angle" of the triangle etc. Is the rising stop simply X% below the proposed target trigger line, or is there some other way it is calculated.............Also due to the fact that Gold was down substantially before open of trade today, do you recalculate your stop level at all, or simply say bad luck and exit if it is hit?? Cheers, Barney.
Re: Coyotte
Hey there Coyotte, Good to see the thread back in action, (Well done Rich for your efforts to get it back on track)
Excuse my lack of knowledge, but can you explain what calculations are used to plot the "rising stop".... I can see the "angle" of the triangle etc. Is the rising stop simply X% below the proposed target trigger line, or is there some other way it is calculated.............Also due to the fact that Gold was down substantially before open of trade today, do you recalculate your stop level at all, or simply say bad luck and exit if it is hit?? Cheers, Barney.
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