Take Profit

You can exit the trade in 2 ways depending on your trading goal and risk appetite. - Place a pre-determined take profit pips. It also depend on what time frame you are trading on and the instrument pairs you are working with. I encourage place a take profit of between 10 – 20 pips and when your trade reaches this point you are closed out with your profit. - Close at the emergence of a new opposite signal ie the EMA signal. Using this exit plans entails that you allow your trade to run till you see an opposite signal. If you are Buying you can exit when you see a Sell signal. Note: No matter how much pips profits you hoped to get from any trade always close the trade when you see an opposite signal. Take a look at the USDCHF Buying trade below – we got the buying Signal at 0.98148 and the trade was in our favor but a Sell signal emerged at point 0.98265 just close the trade because the market from that point may become a Sell time you have earned 12 Pips. Diagram