Wednesday, February 18, 2015

Trailing Stop Strategy for Profit Taking

As you can see from the below chart ,during the uptrend which is active  each time the 60 min MACD broke up from oversold levels the market pushed further up and never failed the low made during the MACD break.

Thus My strategy will be the exit 100 units at upper bollinger band and keep the rest 50 till the end of the uptrend which means the low made yesterday taken .

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