#TrendTradingStrategy rend trading = riding momentum —but timing is everything!
How I Identify Trends :
Technical Indicators : Use moving averages (e.g., 50/200 EMA) to spot direction.
Price Action : Look for higher highs/lows (uptrend) or lower highs/lows (downtrend).
Volume : Confirm with rising volume during trend moves.
Entry/Exit Strategy :
Entry : Wait for breakouts above resistance (long) or below support (short).
Exit : Use trailing stops to lock in gains as the trend continues.
Confirmation : Combine with RSI (overbought/oversold) or MACD for added confidence.
Staying on the Right Side :
Avoid Overtrading : Don’t chase trends—wait for clear setups .
Adjust Stops : Move stops to protect profits as the trend progresses.
Monitor Divergences : A price vs. indicator divergence may signal a reversal.
Pro Tip : Trends can reverse quickly—never ignore risk management ! Use position sizing and stop-losses .