0014 - Gold - 4HR -B&R
Trading Rules
Tendency = Downwards/Upwards
CONTINUATION
Wait for a break of resistance/Support (ceiling/floor).
Wait for a RETEST (where price closes above/below the previous level of resistance/support)
Once price confirms (Candle in our direction) resistance/support as a new resistance/support (or Vice Versa), it is safe to enter
Price doing this is a continuation of an UPTREND/DOWNTREND
SHIFT
Wait for a break of resistance/Support (ceiling/floor).
Wait for a RETEST (where price closes above the previous level of support/resistance)
Once price confirms (Candle in our direction) resistance as new support (or Vice Versa), it is safe to enter
Price doing this is a SHIFT in MOMENTUM
----
30 Pip SL ALWAYS
Break even to 2 pips when 10 pips in profit
Twin Trade
First TP @ 30 pips
Tendency = Downwards/Upwards
CONTINUATION
Wait for a break of resistance/Support (ceiling/floor).
Wait for a RETEST (where price closes above/below the previous level of resistance/support)
Once price confirms (Candle in our direction) resistance/support as a new resistance/support (or Vice Versa), it is safe to enter
Price doing this is a continuation of an UPTREND/DOWNTREND
SHIFT
Wait for a break of resistance/Support (ceiling/floor).
Wait for a RETEST (where price closes above the previous level of support/resistance)
Once price confirms (Candle in our direction) resistance as new support (or Vice Versa), it is safe to enter
Price doing this is a SHIFT in MOMENTUM
----
30 Pip SL ALWAYS
Break even to 2 pips when 10 pips in profit
Twin Trade
First TP @ 30 pips
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