Looking for patterns - page 262

 
Sergey Lazarenko:

If we open at breakdown of point 2, the uptrend will start, so stop behind point 3 because if the price goes lower, the trend will die and take... For this you need to look at a timeframe longer than the current one because there are different trends.

No, stop behind point 1 as breakdown of this level destroys the initial signal. If I had known that the price would break through the level of point 1, I would not have done it.

 
So, we put a stop at the level when the entry signal breaks down. Comments?
 
I need to understand whether everything is correct or whether there are counter-arguments to be made.
 

I've already seen this one.

There's a lot more interesting stuff in there.

https://www.youtube.com/watch?v=Q3oItpVa9fs

https://www.youtube.com/watch?v=wvJAgrUBF4w

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apr73:

There's a lot of interesting stuff in there.

https://www.youtube.com/watch?v=Q3oItpVa9fs

Where's the stop?

 
Алексей Тарабанов:

Where's the stop?

When we have talked to you, our conversations have always ended with insults from your side, so there is no desire to talk.

 
apr73:

When we talked to you, our conversations always ended with insults from your side, so there was no desire to communicate.

I did not ask for communication.

 
Алексей Тарабанов:

I didn't ask for communication.

I didn't ask for it either. Have a nice day.

 
OK
 
Алексей Тарабанов:
So, we put a stop on the level when the entry signal destroys. Comments?

I support the rule. It is time to give up trying to profit from the 1-2-3 model when the basis for applying the model disappears. Although it does not conform to the 2B indicator of Victor Sperandeo, the author of the 1-2-3 rule himself, it remains within a good reward to risk ratio.

Trader Vic II: Principles of Professional Speculation by Victor Sperandeo(1988-01-01)

and Russian translation: Victor Sperandeo. Trader Vic II - Principles of Professional Speculation.