M5, M15, M30 Recommended trading sessions: London and US Trading instrument: The figure above is an example of the gold trading system in action on the 30 minute gold chart. It shows our proposed buy and sell entry points. The RSI histogram filtered technical indicator is used to keep us trading in the overall direction of the gold trend. Close buy position ideas: Wait for the scalping indicator to draw a red arrow short-term bearish.
What are you waiting for? Start making pips today:. Chart Setup Used MT4 indicators: Gold 30 Minute Chart The figure above is an example of the gold trading system in action on the 30 minute gold chart. Gold System Trading Rules Buy conditions: Set stop-loss slightly below the most recent support level. Set stop-loss slightly above the most recent resistance level. Related Posts No related posts for this content. Click Here to Leave a Comment Below 0 comments.
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