Trading Strategy
Trend Following
Staying with a trend for as long as it holds instead of predicting the turn.
beginner
position
Entry rules
- 1 50 day average crosses above the 200 day
- 2 Price holds above both averages
- 3 Higher highs and higher lows in place
Exit rules
- 1 Trailing stop at two times ATR
- 2 The averages cross back over
- 3 Structure breaks down