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closed the trade for a 21 pip profit, see chart.As Al says trading need not be complicated

here in the chart there is an uptrend and then a two legged pull back to the moving average which was not steep. the two big up bars marked by red arrows represent two attempts by the market to go up which failed. it was a selling signal which i did hope this helps explain the concept and, hope...

if i would explain H2 AND L2 in one line: enter on a two leg pull back to the moving average, which should be steep showing that the trend is strong. Entering on pullback when the trend is strong is a high probability trade. entering when the trend is weak, represented by a gentle slope of...

ok nice song