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Using Market Structure To Bank Trading P…rofits

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Your trade is in profit so how can you keep the majority of it and not give too much back? Earlier I covered using a simple trend line to objectively determine your profit exit. This article is going to cover structure as a means to exit your trade and turn the paper profits into account profits. For this example I am going to cover longs however the same principles apply to short trades. We know that markets make higher highs and lows when moving up and the opposite when heading south. A higher high can only be made when price is pulling back and depending on your trading method, this presents both long and short opportunities.

http://www.netpicks.com/trading-article/profit-taking-levels/

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