{quote} I agree, sideways action most likely, I interpret the long wicks on the last two daily candles as signs of indecison. I 'd like to know if you rely very heavily on the 10 ema trend dashboard or the angleator. I find that I tend to put too much faith in them and stay in trades too long. It seems also that they both change too quickly; seems like a change in price of a few pips will cause even the larger time frame signals to change. Thanks for sharing your insights and running the forum!
I don't always rely heavily on any indies for exit beside APB size if I monitor my trades, but 10ema of current TF seems to help me to stay in longer in some occassions where price retraced but still stayed in one side of the fence. I would exit my trade (partly) if H1 10ema change color on 10 EMA dashboard or TDI angleator....
Exit a trade is something I still need to improve too as a lot of times I expected too much from the market and ended up at BE or a loss instead of bagging 30 green like GS consistently do to fill up his wheelbarrow
. I would like to hear from others sharing their exit strategy too for us to have a chance to learn as I noticed there are a lot of experienced traders around...
Appreciation is the key to wealth and happiness
reached my PT for 50 did not get filled
sorry my PT 60 reached 57
