45 Comments

  1. One thing that got me confused over Rayner explanation here is that: in his article about this topic discussed here, he said we should add the ATR value to the nearest support and resistance level to lace our stop loss, but here, he subtracted the ATR value from the support level instead. What happened? Could you explain better please because I have read this on your site many times without number. And second, how did you find the ATR value to be in two digit number because on my chart it shows three digit numbers? Please explain to me as a beginner. Look at what i saw in your article: Find out what’s the current ATR value

    Select a multiple of the ATR value

    Add that amount to nearest Support & Resistance level

    Thanks.

  2. Dumb shit!
    ATR, you have to use it on the lower time frame with whatever trend indicator you're using. For example, if you're using 30 minutes time frame for RSI indicator, you'll use 25 to 29 minutes time frame for the ATR indicator, that's it !!!! Only than you can correctly read the trend reversal.

  3. Just a suggestion, Rayner. Rate your videos as "Advanced, Intermediate, Beginner". As the latter, I found this a bit difficult to follow. However, I will work through your other excellent videos. Thank you.

  4. So if you place your SL 1 atr below where think the SL will go (in this example the atr was 57 pips) That's a huge potential loss should the market turn against you. What is the pip value here and what % of the account you are willing to risk?

  5. hello, Rayner. this knowledge is awesome. thank you so much. but I have a question: here u said set sl about 1 ATR from SR. but I saw ur lesson on website and u said set sl far 2 ATR from entry. so which do you recommend?

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