Option to buy agreement template
It varies in accordance with price range of certain futures and investors preference However, if price falls. Instead of increasing, investors should close the long position at stop-loss point. Combing ACD rules and the pivot point system, the stop-loss point B in this case is the higher one between the lower bound of opening range, 6028 and that of pivot range, So B is 6102 in this example. If neither of these above two situations occurs, then close them at the closing time, 15: 00.
From Figure 1(a), we see that price rises continually, reaching 6243, more than 10 ticks, at 10:17.