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 Post subject: Interest in WRB Tutorial as a way to get better entry points
PostPosted: Mon Apr 19, 2010 7:08 am 
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Joined: Sun Apr 18, 2010 3:26 pm
Posts: 0
Hi, I trade mainly Forex and a few commodities. I am a swing trader with trades lasting 3-6 days, and enter primarily on Daily Charts. My method consists of Daily Candlestick Reversal patterns as bounces off Daily/Weekly Support/Resistance areas. Attached is a chart of a trade I took last Thursday on the EURJPY. As you can see, my Stop Loss was around 200 pips. I am interested in the WRB Tutorials as a way to decrease my Stop Losses without changing my current method, which is already profitable.

Cheers,

Jacques


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 Post subject: Re: Interest in WRB Tutorial as a way to get better entry points
PostPosted: Tue Apr 20, 2010 6:35 pm 
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Joined: Sat Jan 10, 2009 1:06 pm
Posts: 2850
Location: Canada
Hi,

Thanks for the question and chart example. I've now posted the revised study guide that's now version 2.1 (old version was v2.0) after a delay due to family illness (kids got gastro...a stomach flu) on the weekend that left me exhausted until today.

WRB Analysis can help you with your stop/loss problem although there's not a specific section devoted within the tutorials about stop/loss. In contrast, there is a section devoted to profit targets and the information can be applied to stop/loss.

With that said, your WRB Analysis Tutorial Chapters 1 - 3 v2.1 (study guide) is posted in your private thread @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=104

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

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JacquesFx wrote:
Hi, I trade mainly Forex and a few commodities. I am a swing trader with trades lasting 3-6 days, and enter primarily on Daily Charts. My method consists of Daily Candlestick Reversal patterns as bounces off Daily/Weekly Support/Resistance areas. Attached is a chart of a trade I took last Thursday on the EURJPY. As you can see, my Stop Loss was around 200 pips. I am interested in the WRB Tutorials as a way to decrease my Stop Losses without changing my current method, which is already profitable.

Cheers,

Jacques


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