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RTT, as its name suggests, is a trend trading methodology that waits for a retracement before initiating a trade in the direction of the underlying trend. It uses two simple moving averages to define the medium‐term (34‐day) and long‐term (250‐day) trend. To identify a retracement, it will use the RSI with a ten‐bar look back period and an 80% band
... See moreBrent Penfold • The Universal Tactics of Successful Trend Trading: Finding Opportunity in Uncertainty (Wiley Trading)
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