Thanks G550 - M new to this, so thanks again. Looked up your other posts for a guy with "no experience" you seem to have delved deep into EWs ! Wish you Good Rolling with the Waves. Personally, I couldn't figure out the counts so gave up on it - do pretty well with other aids.
What is your consulting-field ? And whereabout are you in US ? Been there a long time ago - great.
Best Regards,
Vilas.
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Originally Posted by G550
Vilas-
If you look at his last post, it says "Adjusted Stop Losses". I'm sure he placed his original trade @ 166.69, priced moved up into profit, and he "adjusted" his stop to 168 to make sure he doesn't turn a winning trade into a losing one.
But you are right...when you place an order for a long entry, the stop price is below the current price.
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