Gertje » Mon Dec 08, 2014 9:34 am wrote:
Take it when it shows.
If you don't like how the trades work out, close them again.
One 4 hour candle can go a long way, waiting for candle close might miss half the move.
Thanks for the feedback. It is definitely more hands on then I am used to (previously traded Candle Close only).
So I will:
1. take the Large Arrow immediately;
2. Reassess if conditions change
3. Possibly Close if conditions change and arrow is removed (even if negative)
4. keep trade open as long as Arrow is showing.
5. Close trade upon Wavy Lines showing.