Sunday, February 5, 2017

Setups under the Trend Trade & Investment Principle

When might we provide setups?

In each of the following situations:

1) (+; +; +) implies uptrend trade/investment setup;
2) (-; +; +) implies downtrend trade/investment setup;
3) (-/0/+; - ; -/0/+), in combination with certain other conditions, implies RSI trade setup.

The +/0/- connotations between brackets denote in first position trend direction (EMA configuration: bullish, neutral or bearish), in second position trend intensity direction (ADX vs KAMA: increasing, neutral or decreasing) and in third position trend intensity (ADX vs 20 level: high, neutral or low).

For an explanation of the abbreviations and the Trend Trade & Investment Principle see the bottom of this blog. Please also read the disclaimer there.