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Re: XARD - Simple Trend Following Trading System

RobertPoznan, Sun Feb 02, 2020 9:47 pm

There was an interesting setup on the 4H chart from last week on the eur/aud. You can see how important it is to watch the TMA line. In the case of this trade, each time the price pulled back to the gold line the TMA was red above (we have an up bias), but when it changed to only blue it moved strongly to the upside. I am seeing how important it is to monitor this type of occurrence, especially when using the second dot strategy.
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