Posted by Gadis on 8:42 AM
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Our main exit strategy is to look for an opposite market signal (opposite to our entry signal) based on impulsive/corrective wave retracements (in the same manner as for the entry warning signal).

If the market was entered long a position will be exited either because a bearish signal is generated by an impulsive/corrective wave retracement or because of the hard stop order of 50 pips below the entry price. If the market was entered short a position will be exited either because a bullish signal is generated by an impulsive/corrective wave retracement because of the hard stop order of 50 pips above the entry price

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