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Zero Line Cross

By Adam Milton, About.com

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Wait for your Trade to Exit

Zero Line Cross Chart

Wait for your Trade to Exit

If the exit signal does not happen, wait for the price to trade at your target or at your stop loss, and for either your target or stop loss order to get filled. The zero line cross trade can take anywhere from a few minutes to a couple of hours to reach its target or stop loss. The trade does not use any target adjustments, and the only stop loss adjustment would be moving the stop loss to break even at a suitable time.

The targets that are shown on the chart are at 12265 (5 ticks), 12260 (10 ticks), and 12250 (20 ticks), all of which were filled by this trade.

If your target order has been filled, then your trade has been a winning trade. If your stop loss order has been filled, then your trade has been a losing trade.

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