Events
Home
Portal
Publications
Blog
FAQ
Gallery
Search
Log in
Register
gandraGlobal Moderator- Number of messages : 3666
Points : 9522
Date of Entry : 2013-01-13
Year : 50
Residence Country : Serbia 
Profit Target
on Sun Sep 13, 2015 3:34 pm
One simple way of managing the kangaroo tail trade is to take profit at the very next zone (see Figure 8.18).
FIGURE 8.18 A very simple and powerful exit strategy for the kangaroo tail is this: Take profit at the very next zone. After the bullish kangaroo tail on the NZD/USD weekly chart, the market trades higher and eventually finds the 0.6600 zone for a profit of 853 pips.
[You must be registered and logged in to see this image.]
FIGURE 8.18 A very simple and powerful exit strategy for the kangaroo tail is this: Take profit at the very next zone. After the bullish kangaroo tail on the NZD/USD weekly chart, the market trades higher and eventually finds the 0.6600 zone for a profit of 853 pips.
[You must be registered and logged in to see this image.]
next
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
Short info about me!
I am forex, stock market trader, and software developer at the same time. I developed several Trading Robots (Expert Advisors) for trading on Meta Trader 5 trading platform. If you want to see all my EA's, visit the following link below.
* [You must be registered and logged in to see this link.]
Permissions in this forum:
You cannot reply to topics in this forum|
|
|