About Us

About Twelve Trader

Twelve Trader does not provide any financial services directly. Our vehicle finance providers are registered financial services providers. Please note that your personal finance example and monthly repayment are designed to give you an indication of how much you may expect to pay for your loan. Due to the many factors involved in vehicle finance, AutoWallet can't guarantee being able to obtain a loan at the quoted rates/prices. AutoWallet staff will always try to obtain the best deal for you based on all your circumstances.

Trend Trading Strategies

There are many different trend trading strategies, each using a variety of indicators and price action methods. For all strategies, a stop loss should be used to manage risk. For an uptrend, a stop loss is placed below a swing low that occurred prior to entry, or below another support level. For a downtrend and a short position, a stop loss is often placed just above a prior swing high or above another resistance level.

Moving Averages

These strategies involve entering a long position when a short-term moving average crosses above a longer-term moving average, or entering a short position when a short-term moving average crosses below a longer-term moving average. Alternatively, some traders may watch for when the price crosses above a moving average to signal a long position, or when the price crosses below the average to signal a short position.

Momentum Indicators

There are many momentum indicators and strategies. In regards to trend trading, an example might include looking for an uptrend and then using the relative strength index (RSI) to signal entries and exits. For example, a trader may wait for the RSI to drop below 30 and then rise above it. This could signal a long position, assuming the overall uptrend remains intact. The indicator is showing that the price pulled back but is now starting to rise again in alignment with the overall uptrend.

Trendlines & Chart Patterns

A trendline is a line drawn along swing lows in an uptrend or along swing highs in a downtrend. It shows a possible area where the price may pull back in the future. Some traders also opt to buy during an uptrend when the price pulls back and then bounces higher off of a rising trendline, a strategy of buying the dip. Similarly, some traders elect to short during a downtrend when the price rises to and then falls away from a declining trendline.much you may expect to pay for your loan. Due to the many factors involved in vehicle finance, AutoWallet can't guarantee being able to obtain a loan at the quoted rates/prices. AutoWallet staff will always try to obtain the best deal for you based on all your circumstances.