X-Gen Exit Strategies

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Siedonai wrote: Mon Jun 12, 2023 5:39 am @BeatlemaniaSA thank you for one more amazing system.
I suppose ATS levels are our targets. And when the price doesn't go in our direction or it doesn't reach the target, which exit option do you recommend?
Hi Siedonai,

There are various ways you can exit a trade.

1) Exit at a predefined TP target. Depending on the pair you are trading it can range anywhere from 20pips to 100pips. (my preferred method)

2) Use a trailing stop

3) Set your TP at a clear liquidity level. Visit ICT's youtube channel for more in-depth information about liquidity

4) Exit at the opposing arrow (not always the best option as an opposing arrow could just be a small pullback before trend continues again)

5) Using the principles from BTMM - exit when the price crosses back over the 13EMA (Check out FX Minshift's youtube channel for good info about this way of trading)

6) Exit when the 5EMA crosses back over the 13EMA

Test and see which one you prefer and best suits your style of trading.

Regards,
BeatlemaniaSA
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