How do you decide how big or small to mke your chop box? I feel like there should be more teaching on it. I watched the course videos and the webinar on it a couple times and I’m still confused on how big I should make it.
Hello Lori,
Why didn’t you take the breakout trade to the top side when price went and created a new high? I think I would have made a mistake and went long there.
Thanks, Eddie
Hey Eddie,
If i’m wrong someone please correct me but she might not have taken the new high because there was no wick, single bar with long chop inside or cluster on the breakout long there. On her short sling it looks like she has a big wick/slingshot, slow build of VAD and the cluster. Not sure if she was closer to a level maybe also. I’m struggling with not waiting for all 4 rules for power plays to be filled and want to take a trade if it only has a couple. There’s definitely more involved than just memorizing some rules though, I’m finding out the hard way.
Cheers!