OK guys I am looking at our second issue which is Exit
although I have an idea in mind , I would like to see your views before I commit to it
Have a look at this chart
based on our entry rule, price closed below 20 and 50 SMA with a red candle (first candle on chart) , we entered a short position , now we are well in profit
what would be your strategy to exit the position?
the one think you cant do right now is to take profits and run lol
although I have an idea in mind , I would like to see your views before I commit to it
Have a look at this chart
based on our entry rule, price closed below 20 and 50 SMA with a red candle (first candle on chart) , we entered a short position , now we are well in profit
what would be your strategy to exit the position?
the one think you cant do right now is to take profits and run lol
Attached Image