Friday, 11 March 2011

How to Trade the Trend

There are a number of ways to trade a trend - Trough to peak and Peak to trough or to catch a larger swing that encompasses a few peaks and troughs with the market moving along the trend. It's a matter of style and personal preference. Moving along a trend and reloading on pullbacks is another way.

Today's Euro futures chart shows trading the trend and ignoring the pullbacks. I trade this way and can set Flo up with this configuration when I'm trading a few markets at once and don't want to focus on any one to a large degree, intervening only when really necessary. The pic below shows one small loser, a scratch and one big winner.

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