Supertrend - Buy on the first pull back of new trend

How to use Supertrend indicator...

Comments

Post a Comment

Popular posts from this blog

How to use RSI indicator

Apply RSI 5 and RSI 14 Apply a short 5 period RSI (RSI 5) over the longer (default) 14 period RSI (RSI 14) and watch for crossovers.  With the RSI 14, there are times when the market does not reach the oversold or overbought levels before a shifting direction occurs.  A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals.  Buy Signal When the RSI 5 crosses above the RSI 14, it means that recent prices are getting higher. A buy signal is then generated, and a 5 vs. 14 cross should happen when the 5 period (blue) is oversold (below 30).  Sell Signal When the RSI 5 crosses below and becomes lower than the RSI 14, it means that recent prices are declining.  This is a sell signal. A 5 vs. 14 cross should occur when the 5 period (blue) is overbought (above 80).  Works well with Pivot Points Experienced traders may find that their trading performance greatly benefits from combining a RSI trading strategy with  ...
Read more

CFD News Trading Strategy

" To be successful with news trading, it’s important that you follow a comprehensive economic and financial calendar, so then you will be aware of upcoming events or statistics that could affect the underlying asset you are trading. " -  https://infoforinvestors.com/academy/technical-analysis/cfd-trading-strategies/ My portfolio is inching back up again. That's good news. There are no sudden movements like what happened to SGX and Sembcorp industries. So there isn't anything to buy or sell today. Adrian's Journal The rookie trader's notes
Read more