I would like to better understand the exit rules for these trades. Can we take YM today for example. The long signal indicated by crossing the -100 on 3/30 was triggered today at 10:15 when YM closed above the pivot. Entry would have been at the beginning of the next bar; in at 10526. 32 points is the theoretical gain from 525 to the high of 557 at 2:45. But what are the exit rules? HFE occurred at 2:30. The only other signal about then was a ghost (entry not exit) on the 5 min chart. How did you get in and out for a 32 point gain? Trailing stop, profit target, or ...?
SFO regularly sells at newsstands for $4.95/issue. Sign up for your
no-obligation subscription today and we'll send it to you each month,
absolutely free! To subscribe, click here:
Comment