Gold Spot / U.S. Dollar
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Pullback Trading Strategy - Rules

1040
Pullback Trading Strategy over 80% Success Rate

Rules

  • Moving Average - Price should above 200 Period Moving Average


  • Entry - 10 Period RSI Below 30


  • Exit - 10 Period RSI Above 50


  • Stop Loss - Recent Swing Low


I hope you understood the pullback trading rules.

Chart 1 : Reliance 9.68% Up

The price was clearly above the 200 Period Moving Average in the chart below, and the RSI 10 period was below 30, indicating that the pullback rule was satisfied.

snapshot

Chart 2 : SBIN 9.4% Up

The price was clearly above the 200 Period Moving Average in the chart below, and the RSI 10 period was below 30, indicating that the pullback rule was satisfied.

snapshot

Chart 3 : TCS 3.13% UP

Pullback rule satisfied

snapshot

Chart 4 : Bank Nifty 2.51 % UP

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Chart 5 : Wipro 3.76 % UP

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