edmccall1

i think there are many things traders aren't focusing on IMHO. I think rally, base drops should be at swing highs and lows and not in the middle of the moves. So one might have to drop down to a smaller time frame to see it. Also probabilities at greater the first time back to these zone. Also incorporate the Odd enchancers into the scenario into the picture....Remember the win/loss ratio isn't a high percentage for S&D as told to me......but the important part is that it defines and minimizes your stop/loss. I use S&D in conjuction w/ other stuff....the more of the other stuff I can get to align I feel the greater of the probability of the trade going in my favor. It's all a calculated risk. Methodology is just one part....don't forget management and mind set. (3M's) Once in a trade I’m an observer of my rules. I try not to judge them. I let them work for me and have confidence in them. A stop is part of my plan along w/ management and profits.