Hong Kong
2024-12-24 22:07
IndustryExample of a Position Trade Setup
1. Trend Following with Fundamentals:
Step 1: Analyze macroeconomic factors supporting a strong trend (e.g., a hawkish central bank policy).
Step 2: Identify the trend using moving averages on the weekly chart (e.g., 50 EMA above 200 EMA).
Step 3: Enter after a pullback to a key level, confirming with bullish candlesticks.
Step 4: Place a stop-loss below the previous swing low.
Step 5: Hold the trade until the trend reverses or fundamental conditions change.
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Example of a Position Trade Setup
Hong Kong | 2024-12-24 22:07
1. Trend Following with Fundamentals:
Step 1: Analyze macroeconomic factors supporting a strong trend (e.g., a hawkish central bank policy).
Step 2: Identify the trend using moving averages on the weekly chart (e.g., 50 EMA above 200 EMA).
Step 3: Enter after a pullback to a key level, confirming with bullish candlesticks.
Step 4: Place a stop-loss below the previous swing low.
Step 5: Hold the trade until the trend reverses or fundamental conditions change.
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