still_waters

Major Trend Reversals (Part 2)

FX:AUDUSD   Australian Dollar/U.S. Dollar
Basics, Part 2
Comment: One more thing I forgot to mention...
If trade goes your way, and say bear reversal happens.
After exiting your half position and moving your protective stop to break even,
then as you swing the other half position, move your protective stop one tick
above each lower high that is formed. Eventually you will have capture a lot of profit,
and strong enough reversal will stop you out.
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