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At the beginning, it might be hard for you to decide in which direction you should trade or even take a position at the moment. That is why I have given some idea, which will help you make better decisions. What can you see on the chart – A candlestick chart – The 200...
In this chapter I will show you what the best methods of exiting positions are. With the Fibonacci extension tool, it is quite easy to get ahead of other investors. Way no. 1 The tool we will be using to define the exit point is the Fibonacci extension. There are some...
Entry after break above 200 moving average. Use this method strong trends like the one above. When the trend is weaker, it is more possible that this signal may be a false one. The black moving average is a 200 SMA. You can see that it had been working as support for...