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 Columbus Day Holiday. We will be off on Monday, October 13th. We will resume our LOM sessions on Friday, October 17th at 12:00 pm PDT. Have a great long weekend with family and friends.