fx4e,
Actually the author says there are 3 possible exits. They are: 1.exit upon reaching support/resistance 2. exit when you see the exit arrow 3. Exit when the fast trend moves back above or below the zero line. But you're right about no trailing stop or moving stops.
Jerry
I am curious what the feeling is about the following idea for trade management. I'm giving thought to taking 1/2 of the original position down when support or resistance is hit and then letting the rest run until their is an opposing arrow or a bar crossing to take the exit. I've thought about...
I sent an email to him at [email protected] on 2/15 and got a response back within the hour. Don't know what's up with him not getting back to you.
Jerry
Jim in the User guide says to place the safety stop above or below the green lines around the Real Price Moving Average Channel. It looks like the stop could go on the same side of the line as where price might be if you got an entry signal and the candle was still below the channel line. It...
I've been demoing the FPM for about a week now and have a question. Is it possible that you can have a buy trade (for instance) and the green lines are above the entry point? I notice that the USD/JPY has that as a possibility on the 4 HR. chart now. If so, you'd have to find a different stop...