Larry Williams Stop Loss and Target Points

[daminescu]

Hello -
Is anyone here familiar with Larry Williams's Stop Loss point and Target point? I have beentrying to understand it and I don't understand all his terminology. I think I understand some of it, but I'm not sure. If anyone is interested in a discussion, please message me or post a reply and I will go into further detail. Just to kick it off, When choosing a target to exit the trade, LW looks at the highest bar just before entry. How do you exactly define the "highest bar"?
Cheers,
D

 

[uncleti88]

Hello -
Is anyone here familiar with Larry Williams's Stop Loss point and Target point? I have beentrying to understand it and I don't understand all his terminology. I think I understand some of it, but I'm not sure. If anyone is interested in a discussion, please message me or post a reply and I will go into further detail. Just to kick it off, When choosing a target to exit the trade, LW looks at the highest bar just before entry. How do you exactly define the "highest bar"?
Cheers,
D

There are are a few strategies, which one are you referring to?


Uncle Ti 88
http://uncleti88.blogspot.com/
----
I trade using simple moving average and Commitments of Traders Proxy (COT Proxy) + some other special ingredients that Colonel Sanders will be proud of.