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Scalper666  
#1 Posted : Tuesday, August 7, 2012 1:04:41 PM(UTC)
Scalper666

Rank: Newbie

Groups: Registered, Registered Users
Joined: 4/3/2012(UTC)
Posts: 2

Hi, I am using the RMO ATM Breakout catcher. I have a hit rate of 67% but I am not happy with my current exit strategy. I am taking profit for 50% at 2.5 ATR and then at the signal reversal. Waiting for the signal reversal is most of the times very costly. What is your exit strategy and does it work for you?
rkpo786  
#2 Posted : Sunday, September 16, 2012 3:43:00 AM(UTC)
rkpo786

Rank: Newbie

Groups: Registered, Registered Users
Joined: 12/9/2009(UTC)
Posts: 3

exit 1/2 at 2.5 atr / par SAR ; whichever comes first.Now move your stop loss to breakeven . And use trailing stop loss. when price goes up again ; use the blue bar buy signal of basic RMO as the trailing stop loss level.Now totally exit when price falls below the trailing stop level or the reverse signal ; whichever happens first
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