|
|||
| The trend is your friend! Following the trend is a proven way to beat the market and make money. There are many ways to identify a stock market trend and a good method are simple moving averages. We use 20-day moving averages of the daily highs and lows, and a 5-day moving average of the closing price of the Philadelphia Gold and Silver Index (XAU) for our trend analysis. An uptrend is in force as long as the daily closing price trades above the 20-day moving average of highs, and the 5-day moving average of the daily closing price trades above the 20-day moving average of highs. The reverse is true in a downtrend. | |||
|
|||
|
Past performance does not guarantee future results!
|
|||