Category:ER

General Exiting rule. If No strong Reversal Signal, Exit If Strong opposite Momentum.

• One big trend bar. If using wide stop, do not wait for it to be hit. Here, Exit short on close of big bull bar, or as bar is forming
• 2-3 medium size trend bars, especially if close on high, and no overlap. Here, Exit short on close of 3rd bull bar Strong bull bar

• 3-5 small trend bars. Here, Exit long on close of 3rd or 4th small but consecutive bear bar closing below midpoint. Here, Bulls giving up (Give-up bars) Big bear BO.

course ES-52A