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TRIX Reversal

By , About.com Guide

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Manage your Trade

TRIX Reversal Chart

The TRIX Reversal trading system does not have a specific exit, except for an entry in the opposite direction. For example, if you are in a long trade, and the chart shows a short entry, you would exit the long trade and enter the short trade.

On the example chart, the long trade only went 3 ticks into profit, so it would probably have been a losing trade, but the subsequent short trade went 34 ticks into profit, so it easily covered the losing trade, and made some additional profit.

Note that if your stop loss is reached before an entry in the opposite direction, you would exit with your stop loss, and then remain flat (no active trades) while you wait for the next entry.

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