Moving Average Example

• Moving Average Cross - 8 MA/20MA; 50MA, 200MA add to the 

• RSI >50 for longs

• Primarily based on Daily; though I will play the same MA cross on Weekly and Monthly

(Bullish strategy; if shorting, reverse the information below - above changes to below)

• We want to see a Moving Average Cross - 8/20MA with an RSI >50

  • If RSI <50, intraday trade only or no trade

• If all MA's are stacked (8 over 20, 20 over 50, 50 over 200) the stronger the trend

• The tighter convergence of the MA lines the stronger the move

• We hit our price target, 3:1 ratio

  • Learn to take profits at your targets or percentage

  • Sell off at least 75% of  your position at your target and allow your winners to run until other stops are triggered

• Candle closes below the 20MA and RSI <50

• Hard close on 8/50MA crossing

• Once we have hit our target or 3:1 ratio

  • We remain in our trade as long as our candles close above the 8MA

• Candle closes below the 21MA and RSI <50

  • Sell off at least 75% of  your position at your target and allow your winners to run until other stops are triggered

• Hard close on Remaining shares on 8/20MA crossing