#TrendTradingStrategy Identify the Trend:
Use tools like:
Moving Averages (MA)
Trendlines
Higher Highs & Higher Lows (uptrend)
Lower Highs & Lower Lows (downtrend)
Enter on Pullbacks:
Don’t buy at the top. Wait for price to retrace to support or MA and enter.
Use Indicators:
Combine with RSI, MACD, or ADX to confirm trend strength.
Ride the Trend:
Stay in the trade until the trend breaks (e.g., trendline breaks or MA crossover).
Set Stop-Loss:
Place below the last swing low (uptrend) or high (downtrend).