10ema Basic Swing Trade Strategy

MattDeLong Updated   
* DAILY chart
* 10 ema on daily
* 50 ema on daily

Wait for a CLOSE BELOW the 10 ema on the daily chart ...YESTERDAY. Wait for a CLOSE ABOVE the 10ema TODAY...ensure the price action is ABOVE the 50 ema on the daily chart at the close if the green arrow indicator is shown. Be sure to get your order filled BEFORE the market closes -- if you are using directional options...b/c you know, the options market doesn't have after hours.

BE AWARE of your own risk tolerance...step stops at appropriate levels...Take responsibility for your own trades. BACKTEST this strategy before using a LIVE MONEY TRADING ACCOUNT.
Release Notes:
I small tweak... changed the sma50 to ema50 and the green arrow only shows when the ema10>ema50

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