When price reaches the channel line, watch for movement to slow and stall at or beyond the channel line. Also watch for levels of previous Semaphores, taking profit can be more of an art than science sometimes. The attached indicator makes it obvious where the previous Semaphore levels are.Meyney wrote: Sat Aug 19, 2023 4:34 am A nice drawing in a perfect trading setup. Buy low sell high/ trade the pullback etc. Many strategies with the same concept. Only remark: where to exit? this will be clear when the reverse setup will be valid -2nd dot- ergo the 'exit' dot/square will move along up or down till the reverse/contra move is there. Trendline break perhaps?
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Re: XARD - Simple Trend Following Trading System
XXXX, Sat Aug 19, 2023 7:07 am
