There are a number of ways to handle your exit strategy. If you are using FOREX you may want to set your stop loss based on the general trend of the currency pair. You may want to set your exit or stop loss at the top of your last peak, this is assuming you are at the end of a head and shoulders configuration. In general you can set your program the TC2000 to give you an exit sign under conditions that you program it for. The easiest way to do this is to input data from the Japanese Candlestick chart. This will work for FOREX, Stocks, Bonds and Futures. You can input data into your TC2000 software such as, a Shooting Star, an Evening Doji and Hanging man all from the Japanese Candlestick chart. The software will give you a sell signal or a warning sign as soon as one of these signals appear. With FOREX, it is better to set your stop loss in advance. You can use this as a back up. With Stocks and Bonds, the easiest way, is to just watch your price. You can also add info from your MA chart, such as a declining demand signal. The software will send you a signal as soon as demand starts to go down. You will need to exit trade before price catches up to the signal on the downtrend. A combination of all these negative signals means it is time to get out before price catches up.
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