Kent,
Kolachi Method uses protocols of kolachi emas and TF command system for trade management if it goes wrong. We decide whether to close it or wait for an honorable exit.
We can get help of macd in this regard too. We do not usally reverse trade in case of pullback trade if wma5 is quite away from ema21.
kolachi
Quote:
Originally Posted by kent
Hi thanks for the nice thread. Your trades are wonderfull. I have a question on the recent eur/jpy u posted(43+). As per your rules, when the slope reverses you would also reverse. Then how u held on to this trade when the slope reversed a bit after the initial signal (slope). If you are holding on what basis u hold them and how long ?
Thanks
Kent.
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