Differences

This shows you the differences between two versions of the page.

--- forex:price_action:timing_of_trades [2022/12/15 11:39] – peter
+++ forex:price_action:timing_of_trades [2022/12/15 11:41] (current) – peter
@@ Line 8: / Line 8: @@
   * Pay attention to key support and resistance zones.
     * These ‘zones‘ are where to place orders.
-    * How long to hold is a separate topic.
+  * How long to hold:
+    * Shorter holding periods will often require a smaller stop.
+      * Will want to get as close to the support/resistance level as possible to create the smallest stop available while maximizing the upside.
+    * Longer holding times will not require as much precision and will likely have a larger stop loss to avoid getting kicked out of minor swings to capture the underlying trend.
 </WRAP>