Disclaimers: - No communication should be considered as financial or trading advice. - All information in this lecture/course/seminar are intended and solely for educational purpose only. - They do not constitute investment advice in any manner whatsoever or have any regard to the specific investment objectives, financial situation or individual needs of any particular persons receiving them. - Examples are used for illustrative purposes only and do not constitute investment advice.
Showing posts with label financial literacy. Show all posts
Showing posts with label financial literacy. Show all posts
Tuesday, May 28, 2013
How I would trend trade a stock using Propietary Trading System?
How I would trade?
Point 1 : Take a trade after Blue Diamond Triggered
Let the price trends along the two Moving Averages 10EMA,30EMA.
as long as price does not fall below the longer term 30MA for 2 days or more
or the expert indicator "!Take Profits" appear
Point 2 : Along the way, when another Blue Diamond appears, it is an opportunity to
perform averaging up buy buying more lots.
Point 3 : As price trend higher, volatility increases until price starts to weaken and trigger
"!Take profits". This is the 1st sign of caution and get ready to exit if Point 4
condition happens.
Point 4 : Monitor the price closely after "!take profits" indicator alert, as long as there are two
price bars that consecutively close below the longer term 30MA (black line), just take profits.
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