PJC Fx Academy - PSAR (Parabolic Stop & Reverse
The PSAR was developed by Welles Wilder and it is a great tool for exiting a trade.
As much as it is important to know when to BUY or SELL, the same way it is IMPORTANT to know when to get out of the market so we do not lose our profit back to the market.
We can also use the PSAR as confirmation after getting signal from Stochastics, RSR or Moving Averages.
Let me know in the comment section about any question you have on the Tutorial on PSAR
Thanks.
As much as it is important to know when to BUY or SELL, the same way it is IMPORTANT to know when to get out of the market so we do not lose our profit back to the market.
We can also use the PSAR as confirmation after getting signal from Stochastics, RSR or Moving Averages.
Let me know in the comment section about any question you have on the Tutorial on PSAR
Thanks.