Definitions :
At this point in time it is important to introduce a few definitions I use to save confusion among readers.
Main chart - this is the chart you open and use, be it 20 min, 1 hour, daily etc.
KC chart - this is the very short term chart using the Keltner channel (set to period 4, factor 1) to try to get best entries. This chart is approx 1/4 of the length of the main chart. So for example, a 1 hour main chart uses a 10 minute chart, same for 45 min main chart. A 4 hour main chart uses a 1 hour KC and for daily use a 4 hour KC chart.
PCI stop loss - this is the disaster stop loss used to protect against power, computer or internet failure.
Stop loss - just ordinary stop loss.
Amount - up till now we have been discussing entries using 2 lots. To make this more general, I will use the term "amount". In this amount, we can have as many "lots" as we please. These lots can be standard, mini or micro.
From now on, we will look at entries based on 2 "amounts" rather than 2 lots.
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