“The Trend is your Friend”

Your first screen ensures the trend is in your favour. I have found that three exponential trend lines of 50, 100 and 150 days helps. If trading long then the blue (50 day line) above the green (100 day line) is best. If the blue line is between the green and amber (150 day line) then that is okay but carries more risk.

Long trades with the blue line on or below the amber line should be avoided. The reverse applies to short trades.

Screenshot 2014-06-19 13.24.00

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