Sentences with phrase «buying in a downtrend»

Not exact matches

If $ SMH can set a higher swing low and close above Monday's high on a pick up in volume, then it may attract enough buying interest to break the short - term downtrend line and test the highs of the base:

While the short - term downtrend remains intact in the currency, a move above $ 2500 would trigger a new long - term buy signal.

The coin is still trading in a corrective downtrend after the sideways drift today, and the short - term buy signal remains intact.

For example, now that the broad market is in a confirmed downtrend (at least two «lower highs» and «lower lows» have been set), we are NOT interested in going long (buying) counter-trend bounces into resistance of downtrending stocks.

In this video, Wagner discusses the «trend reversal» entry, which is used to buy a stock or ETF that is reversing out of an intermediate to long - term downtrend after the broad market has done the same.

Therefore, if $ EEM can rally above the short - term downtrend line annotated on the chart above, and subsequently put in a «higher low,» we might be able to grab a low - risk buy entry point as early as next week.

Although $ GLD is still in a downtrend (until it convincingly breaks out above the $ 128 to $ 130 level), there are now 3 great reasons to buy gold in anticipation of a substantial, intermediate to long - term rally and / or bullish trend reversal.

Sector exchange - traded funds (ETFs) provide a day trading strategy where the trader always knows which ETF (sector) to buy in upward trending conditions, and which ETF to short if a downtrend develops.

Being aware of what momentum means and does, we want to make sure that you don't make the costly mistake of buying stocks on a downtrend, but rather buy stocks when price momentum works in your favour.

An alternative is to buy near an oversold conditions when the trend is up, and place a short trade near an overbought condition in a downtrend.

Watch long term moving averages closely to be ready to buy a reversal in the downtrend.

Therefore, based on this definition, trend followers only buy when the price is above the Moving Averages in an uptrend and only sell when the price drops below the moving averages in a downtrend.

Just because you see a hammer form in a downtrend doesn't mean you automatically place a buy order!

An awareness of what momentum means and its effect is clearly helpful but we also want to make sure that you don't make the costly mistake of buying stocks on a downtrend, but rather buy stocks when price momentum works in your favour.

Likewise, sell trades fare better than buy trades when a market is in a downtrend.

It will buy dips in an uptrend and sell shorts in a downtrend.

Considering that the cryptocurrencies are in a downtrend, it is risky to buy anything now.