One way to maximize a profit of a short term trend is to have a trailing stop located at confirmed lows or highs. In the example above, lows are confirmed as new higher lows and stop points when the market makes higher highs. In other words, the higher highs confirm the previous pivot low as the new higher low. A good place to exit the position is when the $TICK comes close to +1000 for uptrends. Vice Versa for downtrends.
Charles
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