First targets have been hit. Closed of half of the position and now time to try let my "Runner" run.
When my "Runner" in on, Ive got NO SET TARGET. Awaiting my "Opposite Trade Signal" to tell me to exit as it's apart of my exit strategy and to get Long. Until then I'll be checking again if a few hours whilst I sit on my hands. Waiting for my next signal telling me what I should be doing.
hi.... do you teach your strategy? and when you say your signal what do you mean by that.... are you running some kind of algo system
ViZiV
⋅
@akleemq, Hi there. I don't teach my strategy other than by what I'm posting. If you look on my charts there should be a purple circle that appears showing me the shift in balance. They will show me entries on each day close once I've collected all the data in order to generate each signal. I generally take the trades when signals are generated especially after a large move. This is a "Sit on Hands" strategy. Signals generate at each day close... enter... don't check it again for 22-24 hours later.
But before I enter I wait for the spread to decrease significantly