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For instance, "go long when the moving averages cross" could be further defined with "after all trade filters have been met, enter a long position once price is one tick above the previous bar's high. The second trade was a high probability set-up because the Momentum indicators had reversed direction simultaneously in the oversold zone. United Arab Emirates Initialism of Unrecoverable Application Error. The point on the chart with the exit strategy shows where nadex binary options tutorial expect investors to take profit or close open positions, based on the conditions for exit stated above.

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