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TrendTradingProfits
Jan 26, 2020 10:31 AM

Systematic Trend Following: Buy BCHUSD Long

Bitcoin Cash / U. S. DollarKraken

Description

Our approach:
- 100% Systematic Trend Following Trading
- Trading Long and Short Signals with a medium-term time frame to capture +50% price moves
- Always protect your position with a stop loss (initial stop loss turns into trailing stop loss)

Long Signals:
- Go long as the price closes above the "orange" solid Channel Line
- The "purple" dotted line always shows your current stop loss (it is trailing)
- Ride the trend as the price moves up
- Exit the position only if the price closes below the trailing stop loss


Short Signals:
- Go short as the price closes below the "orange" solid Channel Line
- The "purple" dotted line always shows your current stop loss (it is trailing)
- Ride the trend as the price moves down
- Exit the position only if the price closes above the trailing stop loss

Trade closed: stop reached

Trailing stop reached with approx. profit of 12%
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