TREND TRADING INDICATOR – The Trend is our Friend


This Tool is used to swing trade the biggest wave of a pattern, wave 3.

In order to increase the probability of buying the wave 3 up, or selling the wave 3 down, it’s important to swim upstream, follow the Trend and wait for the following:

 

  • a Higher Low followed by a new LONG signal of the TrendTrading Indicator, BUY, 2% of assets. Stop Loss is set at Low -0.01 with a max of 5%. The stop loss will be changed to break even when the position is 3% in the money. Furthermore, a trailing stop of 4% is set.

 

  • a Lower High followed by a new SHORT signal of the TrendTrading Indicator, SELL, 2% of assets. Stop Loss is set at High +0.01 with a max of 4%. The stop loss will be changed to break even when the position is 3% in the money. Furthermore, a trailing stop of 4% is set.

The Trades will be executed in my account “EdwinVandenBerg” and you can follow this strategy for free by signing up via this link.


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MAY 26 – Weekly Swing Trading Signals

A new Buy or Sell Signal is triggered when the key levels mentioned in the last column are activated to the up- or downside at the close of the week.



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