This strategy is for positional traders using a hourly time frame. It recommends going long when the instrument closes above its 50-day simple moving average for three consecutive hours after crossing above from below, entering above the third candle's high. It recommends going short when the instrument closes below its 50-day simple moving average for three consecutive hours after crossing below from above, entering below the third candle's low. Positions are held for 1-2 days with targets of 1.5-2% and stop losses of 0.5-1%.
This strategy is for positional traders using a hourly time frame. It recommends going long when the instrument closes above its 50-day simple moving average for three consecutive hours after crossing above from below, entering above the third candle's high. It recommends going short when the instrument closes below its 50-day simple moving average for three consecutive hours after crossing below from above, entering below the third candle's low. Positions are held for 1-2 days with targets of 1.5-2% and stop losses of 0.5-1%.
This strategy is for positional traders using a hourly time frame. It recommends going long when the instrument closes above its 50-day simple moving average for three consecutive hours after crossing above from below, entering above the third candle's high. It recommends going short when the instrument closes below its 50-day simple moving average for three consecutive hours after crossing below from above, entering below the third candle's low. Positions are held for 1-2 days with targets of 1.5-2% and stop losses of 0.5-1%.