When volatility changes so must our stops and we need to keep in touch with this. Here I review how to calculate stops using a simple Average True Range method (ATR) that I mentioned in Foundations of Trading Part 6 Risk Management. I also go over the current 20-minute currencies to show how to keep in touch with this volatility.
Language of Markets will be observing the 4th of July weekend. There will be no Live Sessions on Friday, July 4th. Sessions will resume on Monday, July 7th at 12:00 pm PDT. Have a safe long weekend with family and friends.