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What is Trend Following in Market Trading about?

Trend following involves waiting for a trend to emerge in the market and then systematically following the trend. It focuses on price action over indicators, with rules around cutting losses during volatile periods and reducing positions during losing trends. Trend following should involve systematic rules around price and timeframes. Sideways markets involve small price fluctuations within a range, and are broken when the price moves outside the established boundaries twice. Pivot point trading uses calcul

Author

Sunil Sunita

Language

EN