Study Guide for Come Into My Trading Room - Forex Factory

158 CASE STUDIES
Trade 6: Vimpel Communications VIP—Exit Question
entry
long
Chart Q6-c 22-day and 13-day EMAs, channel, 12-26-9 MACD-lines and
MACD-Histogram, 2-day Force Index
Cover this chart with a sheet of paper and move it, one bar a time, from
left to right. Mark all entry and exit points and jot down a comment
about each. Once finished, review the Answers pages and award yourself
points for each correctly identified exit or reentry point.
We went long VIP near the fast EMA, in the area marked by an arrow
in October. Use chart patterns and indicator signals to decide where
to take profits and where to reestablish longs. Covering up the chart
and opening it up one day at a time allows you to recreate some of the
pressure of trading this seemingly exotic stock.
Answer on pages 186–187.