1. Do not trade late stage base breakout ... especially those created side by side with a RSI bearish divergence.
2. Exit long positions when the price closes below the 10 EMA (M) / 50 EMA (W) / 200 EMA (D).
3. Never let bullish reactions encourage you if the price remains below this key threshold.
4. Consider even shorting if you see a bearish rejection candle in the 10 EMA territory.
5. Perhaps the most important lesson is to never risk more than 1% of your trading capital in a single trade.
Cheers,
Tenacious Tribe - Backtested Trading Strategies & Studies
2. Exit long positions when the price closes below the 10 EMA (M) / 50 EMA (W) / 200 EMA (D).
3. Never let bullish reactions encourage you if the price remains below this key threshold.
4. Consider even shorting if you see a bearish rejection candle in the 10 EMA territory.
5. Perhaps the most important lesson is to never risk more than 1% of your trading capital in a single trade.
Cheers,
Tenacious Tribe - Backtested Trading Strategies & Studies
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.