trade with single moving average in intraday with 30 minute chart .

rajsumi121

Well-Known Member
#21
some modification .. if we try with 60 minute chart then less whipsaw .
 

rajsumi121

Well-Known Member
#23
Cross candle formed in gold in 60 min chart .. 27857 is low of that candle & high is 27940 ... sell gold if break 27857 without breaking 27940 in next 3 candles ..for the target of risk reward 1:2 .. means stoploss is 83( 27940-27857=83) points & target is 27857-166= 27691.above 27857 no short in gold .
 

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rajsumi121

Well-Known Member
#24
cross candle formed in gold in 60 min chart .. 27857 is low of that candle & high is 27940 ... Sell gold if break 27857 without breaking 27940 in next 3 candles ..for the target of risk reward 1:2 .. Means stoploss is 83( 27940-27857=83) points & target is 27857-166= 27691.above 27857 no short in gold .
never break 27857 after call .. Means no sell signal but around 1000 points upside from that level .. This is another aspects of this strategy .
 

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