Quote:
Originally Posted by FXCaribbean
And when do we exit ?
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Exit takes various forms.
1. you can exit when stoch crosses and turns in the opposite direction.
2. Price stalls at significant Fib levels.
3. price stalls at big number or support/resistance levels
4. when u get a reversal candle
but this is what i personally like doing best (please, it is not a recommendation, 'cause am still learning too)- 5. i like moving to my sl to BE asap, then begin to trail my profit by moving sl to the low of 2 previous candle before the present forming candle
Please let the masters correct any of my wrong answers here, so i wont be mis leading any one