Tuesday, 10 September 2013

This is Why I Hybrid Trade

Today's DAX chart shows it all. Flo got long just after the DAX open and stayed long for the whole move. Yes, as a hybrid trader I could have mucked it up a bit by exiting early, but look at the green bars on the bottom Bloodhound chart section. Each is a re-entry long! So if I had exited early -which I did I must admit I did - I had ample re-entry signals. I can also set Flo up to exit with a tighter profit target and re-enter if the entry picture represents itself and here that happened too. Notice how the LURenko bars smooth out the trend.

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