In this article I'm going to show you a very simple strategy for day trading stocks and ETFs (or any other market) using price pullbacks, two moving averages and a 5 minute chart.
The basic idea here for trading pullbacks is that once price has exhibited an impulse move as indicated by a cross of the moving averages, to wait for price to pullback and then trigger a trade once price resumes it's move in the direction of the original impulse wave.


The key to trading pullbacks with moving averages is the same as any other price-indicator, day trading technique that relies on hopping aboard an existing trend.





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