For the intermarket analysis atleast 3 have to agree to be on the right path to high probability
With limit orders you might miss more moves, with stop orders your risk increases
If we look for a bullish move, the lowest low of 40 moves will likely not be touched, this comes back to the IPDA data range videos. You have to have some freedom in long term trading, let it breathe
Once it moves 50% of the range target, you move the stop loss to the lowest low of the last 20 days. Range target is the actual range of where you expect it to go and EQ of that, not the 50% of your tradingview RR tool, so its a little different to the 2022 LTF risk management. But if you target 3r fixed, it would be at 1.5r still
Wider stop loss is better for long term trading
40 day lookback and SL is from the day you place the order then look back 40 days from that day and when your in the trade lookback everyday whats the highest high in the last 40 trading days and trail your stop everyday, and for 20 days its the same once we reach 50%, every single day lookback 20 days
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