Commodities Trading Blog: Trading Plan: 50 day moving average as guideline and entry on prior weeks 50%

Saturday, November 3, 2012

Trading Plan: 50 day moving average as guideline and entry on prior weeks 50%

Besides looking at the COT data and the trendspotter on barchart.com

I usually enter swing trades if the price is above or below 50 day moving average after a trendlinebreak

To reduce the risk on the entry (prior week closed above / below 50 day moving average) I try to enter at 50% of the prior weeks range:

Performance from july 2007 to november 2012:

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