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Entry and Exits
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Old 11-05-2006, 04:56 PM
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Default Entry and Exits

Entry and Exits:
Kolachi Method and Kolachi Method 2 are complete methods in every respect.Just depends on how a trader takes their spirit.
Kolachi Methods tell us that change of slope is best time to exit.
It depends on you where you want to be out of market depending on your risk,fear,greed and MM.
If you follow strictly Kolachi Methods then you can start on one side of axis and wait till it goes on other side of axis and you can bag more than 300+ pips.
Yes now we can talk about best points to take profit.It all depends on charts of the moment because methods tells you principles but not specific situations.
I give example that law tells to a cop that if anyone violates traffic law challan him but law never knows that when and where will some one break the law?
The higher ema are usuall good points to lock profit.As per Kolachi Method you can and have the capability to go on other side of the axis if you just keep locking the profit.Once you lock one pip profit on a trade that trade is a bonus.Now your margin is free to place another trade.But it is all MM and a variable of trader psychology.
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