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In video 37B, Al talked about profit targets there was a slide that stated to exit if there is an opposite signal, the protective stop is triggered or it's the end of the session.
My question is about the opposite signal - is this any opposite signal once you've entered the trade or is it an opposite signal after you've made the profit target?
I enter long at $10.00 with a protective stop at $9.00 and a 1x profit target of $11.00. At $10.50 there is a bear signal bar, do I exit the trade or do I continue to hold until my profit target is met at $11.00 and then exit the trade on the next bear signal?
Its the opposite signal before your target is hit. In the bull scenario, you typically exit on a stop order a few ticks below the subsequent bear signal. Alternatively, you might decide to not do this, and simply trust your swing stoploss (if thats your rule). Al sometimes refers to AIBRE/AIBLE exits, which are examples of such early exits.😀