Forex 2 Points Trading System

Point 1 is at all times the final UP peak on the chart as seen bellow. I name this the retrace worth as a result of it’s created on account of a retrace or consolidation after a transfer in both path.

Point 2 is the second low created from Point 1. This is the place the pending trades ought to at all times be positioned.

Point 1 is the place you determine what to do subsequent. This level known as the retrace worth of the present pattern. This is the place the market provides again a few of the acquire earlier than proceed with the present pattern. Knowing deal with level 1 is essential in buying and selling the 2 factors

system.