#TrendTradingStrategy
đ Trend Trading Strategy đ
đ What is Trend Trading?
Trend trading is about riding the wave đ â you identify the market direction and trade with the trend, not against it.
đ Key Components
1. Identify the Trend đ
đŒ Uptrend: Higher highs & higher lows â Look to buy đą
đœ Downtrend: Lower highs & lower lows â Look to sell/short đŽ
đ Use indicators like:
đ Moving Averages (50 MA, 200 MA)
đ Trendlines
đ§ ADX (Average Directional Index)
2. Entry Signals đȘ
â Breakout of resistance in an uptrend đ
đ Pullback to support and bounce đ„
đ MA crossover (Golden cross = bullish âš)
3. Exit Strategy đ
Exit when:
â ïž Trendline breaks
â MA crossover in opposite direction
â Price breaks major support
đĄ Set Stop-Losses:
Uptrend â SL below recent swing low
Downtrend â SL above recent swing high
4. Risk Management đĄïž
đž Risk only 1â2% of your capital per trade
đŻ Use a 2:1 reward-to-risk ratio
đ Apply Trailing Stop-Loss to secure profits
âïž Useful Tools đ§°
đ§ź Charting: TradingView, Binance Pro
đ Indicators: MA, RSI, MACD, Bollinger Bands
đïž News: Cointele