Hello David,
Was reviewing you ATR video...as always, thanks for all you do...Your ATR video sort of sparked a question re. useing ATR to set trailing stop level....What do you think about and entry technique, that would place the initial trailing stop at 1 1/2 times the ATR...and then as the price movement moves on towards resistance, then changing the trailing stop so it trails closer to the price in order to protect profit, and not lose profit due to a normal market retrace..??? Perhaps Im being more theoretical than realistic...I dont know...can you comment pls....Thanks Jerry