Once it moves in my intended direction I move my stop under the last previous low, ultimately reducing my risk. Remember my core strategy is elliott wave theory. I would show you an example but I tend to blabber on this forum and I'm sure there's a few people who probably roll their eyes when they see I've posted haha.
Yeah, Rick makes some good calls. If I was into intraday I'd be following him like the bible. Twohandsrevy posts some good charts too - I like how he has no indicators and focuses on naked price action. And I think it's fair to say Sharks has some amazing info on EA's - this forum is full of knowledgeable guys (and gals?) but they all tend to keep quiet most of the time. I had no idea this forum existed until a few months ago.
