Price Projection Swing Trades by Ken Calhoun
Finding technical breakout entries using the patterns we covered in earlier columns can be helpful. It is equally important, if not more so, to know your exits by identifying likely technical targets when you are managing your trades. Using box trading ranges can help you identify where to exit winning trades or when to tighten trailing stops.
This month’s strategy will provide you with tips for how to exit swing trades by using box trading ranges to price-project your exit targets. Understanding where to lock in profits for winning trades can help you avoid the common error of waiting too long to exit after a reversal occurs ...