We can see that price retreated back towards the 2nd dot 3408.62
The dot held and a SELL trade taken with an imaginary tight stop just above the 2nd dot.
Like I said, just watch for the 2nd dot and watch what happens. It is not that hard.
I gotta go, I am missing out on Pips.
Xard777
OOps! I forgot to mention, take a look at the Gold 4hr Dashed Support/Resistance lines on the chart.
Keep them in mind when taking trades - they change every day :-)
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Re: XARD - Simple Trend Following Trading System
xard777, Tue Oct 06, 2020 7:01 pm