DislikedOlu I think he also meant if you are in a trend and it pullsback close to the 10sma and closes for that week you can then re-enter.
Could you not have entered on the previous week 15/1-22/1 on your gold trade.
He also dose not mention anything about sup.&res. but surely we would need to account for this.
I am also following a thread which is similar to this which might interest you it is called Daily Chart w/ 10sma which takes sup.&res. in to account and the stops I am sure will be smaller.
There also seems to be a lot of interest.Ignored
I follow the daily 10sma too
Olu
Find a trend and milk it for all it is worth. That's how to be profitable