This sums it up perfectly. Others should take note of this and go back through chart history to see how effective it isSenior Rob wrote: My understanding of what he was telling me is this:
Buy when prices are moving up. Buy each retrace/dip. Keep buying until the last retrace becomes a trend change which is the one trade you lose on.
Sell when prices are moving down. Sell each retrace/rally. Keep selling until the last retrace becomes a trend change which is the second trade you lose on.
Obviously, the trendier the price, the better it works.
Re: XARD - Simple Trend Following Trading System
1971Rob, great story about Dr. Joe. Thanks for that.
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