Star trader's trade analysis:
This trader tried to take a trade on breakdown of low of yesterday but finally lead to SL...
Should the trade have been tried below the wick or below the body of yesterday's LOD bar?... Even if any of today's bar closed below the wick of that yesterday's LOD, should that be considered as signal bar and wait for the confirmation bar to close below the signal bar and then take the trade on the short side? Or how would you take it?