Reddit reviews Forex Patterns and Probabilities: Trading Strategies for Trending and Range-Bound Markets
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Anyone have any idea how far do institutional traders set their SLs around Support/Resistances? Is it a measure of daily ATR? I was reading this book, Forex Patterns and Probabilities by Ponsi, and at one point he says that big traders focus on Daily and Weekly charts for trading. So I was wondering what SLs they place?