Long BTCUSD, position trade.
As long as daily close stays above 60 MA then stay long.
If closes below 60 MA for two consecutive days then exit trade to cut losses.
Using btctrack.com to alert me by email if price dips below $800 on MTGOX. If this happens I will revise the charts to decide whether to exit or not (using volume of 1h/4h bar to decide - high volume...