About meI've been a trader for over 30 years, I'm a scalper on the 5 and 15 minute charts, with a look at the 1 and 4 hour chart for direction.
ALWAYS USE A STOP!!!
How to exit a trade when using Price action channel, TDI and ADX on a 15 minute chart.
I take a conservative approach you have possible made { did not exit the trade} 10 to 20 pips as all 3 indicators turn up on a 15 minute chart only be 10 pips from the bottom you need room to breath at first I set my stop loss 2 pips above the top channel as I make pips I...
Follow the rules, your probability of a successful trade is in your favor, how to use the price action channel, traders dynamic index and adx for better trading, on the 5 and 15 minute chart with a look at the 1 hour and 4 hour chart for direction.
price action channel candle is below low, Traders dynamic index fast ema is below yellow line, ADC red is above green