The 200 Day Moving Average is one of the most popular technical indicators that traders and investors use to identify trends.

In this week’s #NinjaTrader Charting Edge, I’ll take you through a series of examples where the 200 Day Moving Average is used to identify trends.

Is there a possibility of history repeating itself?

Also, last week I talked about how I got beat up a little. Giving back some of the money I had made in Crude Oil by getting a little aggressive in a trade.

So I am coming off of a drawdown.

When coming off of a drawdown, my number one focus is to wait for my favorite setup.

I think it’s extremely important to have a favorite setup you lean on after a big loss. I like to build my competence back by trading it small and just accepting it. Get back into the flow in a good rhythm.

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Develop Your Edge is a weekly YouTube show hosted by 23-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results.  Derivatives trading is not suitable for all investors.