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4/19
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All traders have heard the mantra “Cut your losses short and let your winners run but many don’t know how to do this effectively. In this article I’m going to share a great way to ensure that you stay in your profitable trades for as long as possible.
When considering any trade, most new traders focus on getting the right entry and spend less time thinking about how they will exit a trade, especially a profitable one. As a supply and demand I trader, I enter trades based on the levels I think will hold; shorts from supply and longs from demand.
Common advice is that you should exit at the nearest opposing level which for a short trade would be a demand level and for a long trade would be supply. The thing is, sometimes price goes straight through the nearest opposing level and on to the next one. It can sometimes go further. If you always exit at the closest opposing level then you are likely to miss out on some easy pips. The same is true for long trades if you exit at the nearest supply level.
One way to make sure you stay in trades for as long as possible is to monitor price action when it arrives at the opposing level. If you see signs that price will reverse then exit and if n…
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peachynicnic avatar

Thanks for your article . It is very informative with detail explanation and chart ! Yes no matter no trade or short trades, it is crucial to pay attention to the demand level. Thanks for your advice, a brilliant one.         

MaximumLots avatar

Your welcome. I'm glad you found i useful.

VictoriaVika avatar

MaximumLots Thank you for article! We can see here your great dedication and effort!

MaximumLots avatar

Glad you found it useful Victoria

Likerty avatar
Likerty 24 Oct.

That is very true - exiting trades is much more complicated task than entering new ones:)

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12/46
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Every trading method will have parameters for entries and exits. Some traders will decide to wait for confirmation and for
others, the fact that price is at a specific level is all the confirmation they need. This article looks at a great reversal pattern to use for confirming short trades.
I like to trade from higher time frame levels,mainly from the daily chart but I will always wait for confirmation before
considering an entry. Stops based solely on a daily level can be quite large and also price might not be ready to turn yet. Waiting for a reversal offers a safer approach to trading and helps to minimize losses and increase the reward to risk ratio on trades.
Considering the trend
To consider a short I want price to be at a level which I have objectively identified as supply on the daily chart. A level which I believe price will fall from based on a previous move from the same level.
When price hits a supply level the trend will usually be up. An up trend will often have higher highs along with higher lows and will sometimes have demand levels which would have formed during the up move. In an up trend you would expect demand levels to hold and supply levels to fail, so whilst…
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MaximumLots avatar

@Likerty. Yes indeed there are always multiple trends in play at an given time. The challenge is to identify the direction regardless of what seems to be lots of conflicting signals.

IGUMZFX avatar
IGUMZFX 15 Dec.

This article is indeed very powerful. Please keep it up

Victor avatar
Victor 16 Dec.

well written

MaximumLots avatar

Thanks Victor and IGUMZFX

CJFX avatar
CJFX 27 Dec.

Nice article

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11/100
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Every Traders ultimate aim is to minimize risk to the possible extent and increase the profit to the extent possible..The technique I am elaborating here is one of such wonderful and awesome way of trading which provides huge gains with almost no risk.
To be called as a simple but a great method,it has to have following ingredients.
1.Simple (Every one starting
from a kid should be able to understand it)
2.Risk should be Minimal.
3.Reward should be substantial.
4.Stress should be minimal.
5.It should have worked over the  period  of time (statistical edge)
6.It should be adaptable (
Tradeable on any Time frame and in any conditions).
Further,  the caliber of a trader
or a businessman is judged not only by his profitability but also by looking at the risk he undertook to achieve that profit figure.
To all these questions,the
answer I found was “Trading Inside Bars “ .If an amateur comes to
me and says “I don’t know trading but I want to start trading profitably.Tell me
something worth to do it“,I would right away tell him to start trading with “Inside bars” as it
is not only simple to understand but also as simple as it to trade.
The trading world has given so
much importance to  ou…
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positive avatar
positive 20 Dec.

Thanks Skytrader for your comments.I have not yet written on outside bar.Have the plan of writing an article on that too!!Wish you a great year ahead...

thang1688 avatar
thang1688 20 Mar.

Cảm ơn bạn cho bài viết
Tôi hỏi bạn:
Làm thế nào để đối phó với giá trở lại nhiều lần
cảm ơn

thang1688 avatar
thang1688 20 Mar.

Cảm ơn bạn cho bài viết
Tôi hỏi bạn:
Làm thế nào để đối phó với giá trở lại nhiều lần

thang1688 avatar
thang1688 20 Mar.

Cảm ơn bạn cho bài viết
Tôi hỏi bạn:
Làm thế nào để đối phó với giá trở lại nhiều lần

thang1688 avatar
thang1688 22 Mar.

Thank you for the article
I ask you:
How to deal with prices back many times
thank you

orto leave comments
4/65
Ranking
Here in this article I would be
explaining a simple but highly profitable idea which can be used for making
good money out of forex market .Even the traders with less experience with good
practice can make maximum use of it for their advantage.Though it is not a new idea, seldom this topic is discussed elaborately in an open space. As well there are hardly any authentic materials openly available on "Price action". Hence I intend to discuss this topic which can bring in more thoughts.The idea I am talking here will be about "EXHAUSTION BAR".Meaning
An Exhaustion Bar is a bar which signals
the exhaustion of the trend in the current direction. In other words an
exhaustion bar is “A bar of last seller” in case of a downtrend and  “A bar of
last buyer”in case of an uptrend. Having said that when a party cannot take the price further in their direction,naturally the other party comes in , takes charge and reverses the direction of the trend.
The Psychology
Lets assume that we have a group
of people,say 100 people who decides to go for a casual running. After running for few KM's few of
them will say “I am exhausted. I cannot run further”. They will quit running.After running  further, a…
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positive avatar
positive 22 Nov.

Thank you. As you said it, they really rock if one understands the true mechanism behind formation of candles.

rppuranik avatar
rppuranik 22 Nov.

very informative

NagarajaAdiga avatar

why don't you spread your great work? let guys come to your article so that they learn.

positive avatar
positive 25 Nov.

Thanks Nagaraja for the usefull advice. For sure I will do it from this month.

Panic avatar
Panic 26 Nov.

the best way to analyze the market is with the candlesticks, thanks for sharing your experience of candlestics with us .........

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