For me zz semaphor is a signal the price can turn, soo if i have sufficient pips i get out , not all people have the same way of trade, other way can be trailling stop lost and see where the price go. Im little conservative. If you see the semaphor have doble signal ( big double color) when i cut the tradepipalong wrote: Fri May 08, 2020 12:04 am
Just an observation, watch the semaphores, when the first appear they normally get pushed around a lot until they stick. I think you are cutting your profits short by closing out when the first appear. Its almost like a guarantee the market will go further when they first appear. Ive never seen a semaphore appear and instantly reverse unless it was a market spike, and you can see those happening. Just something to think about, just observe them when they appear, i think you will see the same. (the big ones, i dont worry about the small ones) Keep up the good trades.
I atached picture example time frame minute 1