Steve Primo Strategy 4 Pdf [updated] [VERIFIED]
Steve Primo Strategy #4 (The "Buy Low/Sell High" Setup) Source Material: Publicly available trading education, digital course content, and associated PDF summaries distributed by Primo Capital Management.
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: Full PDF rules and video modules are available through the Specialist Trading Special Offer Indicator Scripts Steve Primo Strategy #4 (The "Buy Low/Sell High"
The strategy generally relies on identifying a trend, waiting for a short-term retracement, and then entering as momentum returns. Rule 1: Trend Identification (The Buy/Sell Line) : Price must be above the 50-period Simple Moving Average (SMA) Short Only : Price must be below the 50-period SMA Rule 2: Price Action (The Signal Candle) setup, the signal candle must close in the of its range after a pullback. setup, the signal candle must close in the bottom 25% of its range after a bounce. Alternatively, some versions use Bullish/Bearish Engulfing patterns as the signal candle. Rule 3: Entry Confirmation Long Entry : Full PDF rules and video modules are
: Often paired with a Buy/Sell Line (50-period SMA) to ensure trades are only taken in the direction of the overall trend. Strategy Indicators & Enhancements