NINJA PLATFORM

[lukx]

if I may ask another question, I don't quite understand what are your exit strategy? Can you please explain it dchappy and monolisa ?

[dchappy]

It's completely discretionary , so there is no right or wrong ..but this is what I usually do .

My initial stop is a few pips above/below the last swing .

At 12-15 in profit I move to break-even .

Then just wait for an exit signal ,( HA color change , CCI color change ) or both .

Thanks .......Chap

[lukx]

Thank you kindly dchappy,
Just one more question if you don't mind.

We should only taki into account 3 semas or any sema that's outside the channel?

[dchappy]

Any Sema is an exhaustion area on it's own timeframe ..so...any Sema can be tradable .

The 3's are larger timeframes , so they should produce more profit .

I think TRO has an indicator that does stats on how far price moves from each Sema level . If not it would be a good exercise .

Trade Well ..

[lukx]

Thanks dchappy !!! I'm in this trade right now, firs one in a long time that looks profitable

[monolisa]

San-Sema



Lis

[lukx]

[lukx]

too early I was out, I should wait for cci to change color i guess:






but as I understand now there is for ny open buy opportunity developing

[monolisa]

Looks like you should, lukx. But no need to be greedy Keep your profits and be happy

Lis

[lukx]

did I do something wrong here that hit looser ?
the 3 was over the channel but it got pushed up and channel went lower.