Hello all, I just want to say first off that this is my favorite TRO indicator so far, but in all honesty I haven't had a chance to play around with very many.
I just had a question regarding how most of you are deciding when to take profit. Currently I am just waiting for the appropriate buy or sell, setting my stop loss at the support or resistance (or 10 pips whichever is greater), then setting my TP at 10 pips.
I realize I may be leaving some profits on the table by doing this and I am just curious to see if others are letting it ride to each fib level and waiting to see if it stalls out before closing?
Any feedback would be great, thanks.
