Trading presents each trader with a decision: you can make trading as hard as you want or as easy as you want.
You can decide the plaster your chart with gibberish hoping that within the noise you can identify a signal or you can opt for a few simple rules and let them guide you.
As an example consider the chart below of Natural Gas – this is a 4-hour chart representing my shorter-term system.
The natural response upon viewing the data is that you should be long. A break of downtrend by a substantial gap was telling you something about the underlying sentiment.
If you are long you have two potential further decisions.
1. If resistance is broken – load up
2. If resistance holds look to exit.
It can be as hard or as difficult as you want.
