By Paul M King. Great article. I've always wondered. The thing in every thread is the value of getting out of this transaction. If the exit is the most significant, why is it that the least talked about? It seems like we spend most of the time looking for the ideal entrance or HOLY GRAIL rather than the ideal exit. Maybe I'm wrong but from what I understand the entrance isn't as vital as the exit. I understand exits have many variables but I think more time ought to be dedied to this topic.
What I've been analyzing for my exit is.... ex. I buy 2 lots at 1.3000 using end of 20 pips. If price moves in my direction 20 pips sell 1 lot and for second lot I proceed stop to 1 if price proceeds to 40 pips I proceed stop to 40 pips if price reverses I depart with 21 pips. I never set a profit target I just move stop so I can try letting profits run. Still in testing phase. My exit egy is generic, but am certain it can be applied to entries that are different. There are items we dont understand (entrance ) but there are things we do understand (ex. Cable appears to swing around 20-30 pip range) to help construct a perfect (at least better) exit. I've seen some folks using an ATR for exits.
though our entries might be different if we post are exits some of us might improve our exits by integrating what other people use or maybe some exits that work for a few might also work for many others.

Just my two pips. A pip for yours.
Because of everyone newbie to professional to what I have learned and continue to find out here at FF.
Noe



An investment in knowledge always pays the best interest. Benjamin Franklin