Study Guide for Come Into My Trading Room - Forex Factory

ANSWERS 167
another buying opportunity, followed by a bearish divergence of
MACD-Histogram in area E—a lower indicator peak during a higher
price peak.
A trader who oversleeps exit E gets one last chance in area F, where
the EMAs scream to sell when they turn down. Holding longs beyond
that point is strictly for losers.
Exit Ratings
DAILY CHART A-1C
Sell longs in area A: 3 points
Sell longs in area B: 2 points
Sell longs in area C: 2 points
Reposition long in area D: 2 points
Sell longs in area E: 3 points
Sell longs in area F: 1 point
PASS POINT 7
Why do some casinos give players bonuses for spending more time
at the tables? They know that the longer you stay, the more likely you
are to leave your money in the casino. The best trades are fairly short.
You identify an island of order in the ocean of disorder, put on a trade
to capitalize on it, quickly pocket your winnings, and go looking for
another trade. There is no ideal exit, but generally, a fast exit is better
than a slow one.