Exits - How to do it? - Page 2
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Thread: Exits - How to do it?

  1. #11
    When you're long, you get out when the market stops buying and if you're brief,... well vice versa.

    regards

  2. #12
    Quote Originally Posted by ;
    When you're long, you get out when the market stops buying and if you're brief,... well vice versa.

    Regards
    daytrading
    Now that is what is called K.I.S.S.

    that I think that it requires the noobs two decades and 2 blown accounts until this sinks in.





    PS. www. Keep a close watch . When it turns it is going back to where you got in!

    Roy

  3. #13
    Haha, yes - it took me.

    regards

  4. #14
    Quote Originally Posted by ;
    when price reach a S/R I trail my trade by 2x ATR. However, I have difficult exits at 2xR(1/2 off) and 3xR.
    Thanks . I'm pretty sure it needs much more detail explanation to employ this method...

  5. #15
    Quote Originally Posted by ;
    When you're long, you get out when the market stops buying and when you're short,... well-intentioned.

    Regards
    daytrading
    Thanks daytrading. But how can I do that?

  6. #16
    Quote Originally Posted by ;
    ...
    PS. . Keep a watch that is close . When it turns it's going back to where you got in!

    Roy
    Thanks Roy. No worries. I had my hard-stop place, even when I don't have it on the other hand.

  7. #17
    1 Attachment(s) It finally caught me... right to the pip.

  8. #18

  9. #19
    Exotic pair - considering that the price (a.k.a. RRR) is correct, I took this position...

  10. #20
    Quote Originally Posted by ;
    Thanks . But how can I do this?
    WWW,

    even though the evidence is in the pudding, it depends largely on whether you use a possible trend.

    Running the risk that I'm stating the obvious here (or that it sounds like a cliche), you buy following pull-backs in an uptrend and when the price has cleared this area (i.e. creating a new high), the pull-back low is going to function as trailing stop place. You can repeat this procedure until no new high occurs. Usually your position will probably get taken out in the level of your final monitoring stop and you are confronted with the choice to put on the contrary trade (and repeat the procedure from the opposite manner: Movements in down trend etc.).

    regards

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