Open position management /Exit strategy

Discussion in 'Forex Trading' started by buccas13, Nov 27, 2009.

  1. buccas13



    I use a MA crossover strategy. Combination of 40 - 18 - 4 SMA, on H4 charts. After plotting it you will find it generates some excellent signals. Signals are generated by 18x40.

    I 've a problem in trailing AL or Take profit.

    I place my SL on high of previous candle. trade often gets stopped out early. I need few ideas as how do manage my open positions? It is the hardest part and no perfect solution to it, but i need few more ideas from the experienced members.