On the 30-minute chart, there is no blue candle for long entry, but the second point (orange) relative to the pink dot appears, and the first candle after the orange dot is pink. If the candle remains pink when it closes, a short position can be entered with a stop loss set above the orange dot. However, for me, I switch to the 6-minute chart and find that the second point (green) corresponding to the blue dot appears, indicating a potential long opportunity. However, since the candle hasn't turned blue, further waiting is required. Additionally, the second point (orange) corresponding to the pink dot hasn't appeared, so I will not enter a short position and will continue to wait patiently.jackboton wrote: Thu Dec 11, 2025 5:45 pm My insight:Is gold rising or falling now? From the 30-minute chart, the second point (green dot) corresponding to the blue dot has already appeared, suggesting we should prepare to go long. However, the candles on the 30-minute chart have not yet turned blue, so no action should be taken.
Looking at the 6-minute chart, if we intend to go long, it is best to wait for the second point (green dot)corresponding to the blue dot to appear and for the candles to turn blue before entering a long position. Otherwise, the current orange-red dot can only be interpreted as the second point corresponding to the arrow above. If the candles turn pink, we could consider going short, anticipating a continuation of the downtrend.
The second point is always the first step in making a trade decision, while the candles are the second step.
Of course, during narrow-range fluctuations, it's easy to encounter situations where stop-losses are triggered repeatedly. If stop-losses occur twice in a row, stop trading and switch to the 30-minute chart. Wait for the trend to become clear before trading again.
Attachments forums
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
jackboton, Thu Dec 11, 2025 8:07 pm
