Varun sir,
With obv 15 bo bd system and now with low volume bar setup , we have very good entry point, well defined SL, add on points but the thing I am struggling with is where to exit trades. Entry and Sl are very good but to exit the trade if we wait for ribbon ( either obv 15 or Lvb ribbon) to change color , it gives back considerable points to exit.
Is it possible to have some condition or rule or some other signal where we can take profits or atleast book half the quantity.
Proper exiting the trade is my weak point here.
Since we enter the trade after lv bar I checked if we try to exit the trade at high volume bar , could not figure out, after every few bars volume increases and it keeps giving exit without allowing to ride the move.
Please suggest something for exit rules.
Thank you