I haven't really defined my exit point, when the account show's green I guess. The idea behind the 4's a crowd setup, or as the book says "three's a crowd' is to determine the trend. Once a retail trader has a firm grip of the trend, he/she can be sure to only trade with that trend. As a beginner trader I have screwed myself more times than I can count by trying to be smart and trading against the trend. Today's signal in the 1min eu, if it works as expected, should keep me from trading against the trend and losing a boatload of money in the process. Or at least that's the idea. Theoretically a trader could enter and exit trades simply by the 4's a crowd setup, I guess you could call them medium term swing trades. Of course there's a lot of jiggy in between that is pure hard cash if played right.
