Dear All,
I am using a simple Trend Following System (trendlines mostly) which is giving me good entry points, but on pairs like EURUSD I gets a few hundreds in green, and then the trade reverses and most time leaves me with little or no profit . The exit strategy I am using (which evidently is not working) is to exit on closing above/below 75 EMA. I would like to hear from all of you, what’s your exit strategy?
Thanks for your time!
I am using a simple Trend Following System (trendlines mostly) which is giving me good entry points, but on pairs like EURUSD I gets a few hundreds in green, and then the trade reverses and most time leaves me with little or no profit . The exit strategy I am using (which evidently is not working) is to exit on closing above/below 75 EMA. I would like to hear from all of you, what’s your exit strategy?
Thanks for your time!
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