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Walt,
I'm confused again. 
I was going to ask why you exited your initial trade so early, based on this pic here:
But then you posted another chart with a different exit.
Just trying to understand the nuances of your entries and exits on these setups...
Is the break into the outer Keltner the exit scenario?
What is the re-entry signal then?
Please help me see the light through the Friday fog?
thxs |
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Actually there are two diferent setups there : one is a "Super Coil Break" wich has a trend following type exit.... and the other one is a "Flip" Trade wich on the chart I show the scalpers exit (normal exit) and given the super momentum conditions I showed a trend following exit too...
The trend following exits are when we get back inside the keltner bands...
I ONLY take this type of exits when market climate has super momentum (taking way off the keltner outerbands)....
hope this clarifies the charts... actually they belong to two diferent threads... cheers Walter.