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    Fractals

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    Luxury Palace
    The document discusses using fractals as a trailing stop strategy to take profits from trades by keeping stops tight to market action. It describes following fractals to ride trades to their maximum potential and provides an example of extracting 370 pips from a trade using fractal trailing stops.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Fractals

    Uploaded by

    Luxury Palace
    7 views3 pages
    The document discusses using fractals as a trailing stop strategy to take profits from trades by keeping stops tight to market action. It describes following fractals to ride trades to their maximum potential and provides an example of extracting 370 pips from a trade using fractal trailing stops.

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    The document discusses using fractals as a trailing stop strategy to take profits from trades by keeping stops tight to market action. It describes following fractals to ride trades to their maximum potential and provides an example of extracting 370 pips from a trade using fractal trailing stops.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    7 views3 pages

    Fractals

    Uploaded by

    Luxury Palace
    The document discusses using fractals as a trailing stop strategy to take profits from trades by keeping stops tight to market action. It describes following fractals to ride trades to their maximum potential and provides an example of extracting 370 pips from a trade using fractal trailing stops.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Fractals http://www.21-trading-systems.com/exit7_Vtgs43Azlio_b53xs2Kuyf54M...

    1 of 3 3/11/2011 1:09 AM
    Fractals http://www.21-trading-systems.com/exit7_Vtgs43Azlio_b53xs2Kuyf54M...

    Using Fractals as a way to trail your exit stop is one of the best
    strategies available. This indicator picks out mini support and resistance
    points, so you can keep your stops very tight to the market action. It
    might take you out of the trade earlier that other forms of trailing-stop,
    but you should see a higher percentage of winners.

    When a new Fractal is made, move your trailing exit-stop to this point,
    and keep moving it until you are taken out.

    A good way of using Fractals is to adopt a different exit strategy at the


    start of the trade, and when you have moved to breakeven, introduce
    Fractals as a way of riding the trade to its maximum.

    The screenshot (above) shows the “Fractal trailing-stop” extracting 370


    pips from the EUR/USD.
    end

    My teaching style is a little back-to-front from that considered normal, as


    the actual entry is the last part in my sequence of importance.

    The Plan
    Money Management
    The Exit
    The system

    www.21-trading-systems.com is a complete trader`s guide.

    You must remember a trading system is a component part of a trading


    plan and by having a structured, short, medium and long-term plan in
    place your chances of wealth building will greatly increase.

    Warmest regards

    2 of 3 3/11/2011 1:09 AM
    Fractals http://www.21-trading-systems.com/exit7_Vtgs43Azlio_b53xs2Kuyf54M...

    David Curran & (21-Trading-Systems Team)


    Helping people to understand how to trade

    P.S. If you have any support issues with any of these 21-exit-strategies
    please email them to [email protected]

    quoting reference {Exit _ _} number of the exit strategy.

    We aim to answer all support enquiries within 24 hours

    Disclaimer & Warning

    All rights reserved.

    Disclaimer
    Forex Commodity Futures and Stock speculation is not without risk, please note that no method of trading is foolproof or
    without difficulty. There is risk of loss trading any financial product. All the trading systems and trading methodologies
    presented in this book are for traders educational purposes only and do not constitute investment advice. You must be
    aware that there are risks in any type of trading.

    The writer and publisher of this book is not a licensed financial advisor and no part of this document or associated
    documents is to be construed as a recommendation to “buy” or “sell” any investment. The information given in this book was
    researched as thoroughly as possible however the writer and publisher take no responsibility for any inaccuracy, omissions
    or mistakes nor accepts liability as a result of actions arising from it. The reader/purchaser has no connection to the
    writer/publisher in any way nor is he/she acting as an agent, representative or any other connected person. The
    reader/publisher of this publication is urged to seek legal advice before entering into any contract and is responsible for
    checking the legalities of any action undertaken by them.

    Whilst every effort has been made to ensure the accuracy of the information in this book the author does not accept
    responsibility and will not be held liable for any loss of profit or capital, directly or otherwise as a result of using the
    information presented. The opinions expressed are those of the author who is acting in good faith in accordance with
    extensive research.

    Warning
    No part of this material may be reproduced in any form whatsoever without written permission of the publisher. This book or
    any part of the book may not be copied, resold, given away or reproduced and does not come with resell or reproduction
    rights. Any such illegal action will be met with the appropriate legal action.

    All rights reserved. First published in 2011

    3 of 3 3/11/2011 1:09 AM

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