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Re: Trading Pullbacks System

by: notice
[quote=RplusT post_id=1295439703 time=1626921997 user_id=4866937] Just to show that with Trendlines and patience you can trade any chart with nothing else on it. What could possibly go wrong! Not much. Draw lines and wait for the break. And use proper money management. Look at Meyney's charts. Day a...

Re: Trading Pullbacks System

by: Meyney
Just to make my point.... last one Meyney..... :D
Josi, you could not trade that ...US30 European opening ....with the Jurik MA line.....Yet with simple trendlines it separates the erratic price action very well.
I scalp that every day. Love fast price action

yup nice clean and sweet

Re: Trading Pullbacks System

by: Meyney
I do agree with you (as well as with Meyney). I think it is simply sad that - as far as I know - nobody has ever produced a reliable trendline indicator that shows the main trend move without cluttering everything else. :thumbup: but realize there is no perfect manual trendline because price will c...

Re: Trading Pullbacks System

by: Meyney
Thank you for your explanation; in this pic there's GPBUSD daily and got little different result with the two methods and I was thinking about using both for a further confirmation (but only on daily) ; on daytrading I think your way of using bars is better. Have a nice and profitable week. gu dail...

Re: Trading Pullbacks System

by: Meyney
hi to traders please let me know your analysis for the price action movemnet for future as per FIBO level 1) Is price cross up 38 ? 2) Is the price bounce back from 38 to 50 or 61 level and moves up direction ?? Stoch is favour to up as well cross eachother. you are trading very late (weird PA beca...

Re: Trading Pullbacks System

by: Meyney
hi Meyney I am testing on monday for the new indicator arrow followed trend direction . see snap and give your feed back remove these arrows and MA's, spot the impulse(s) and retraces, zoom out and ask yourself why and where this upmove occured. How many times do I have to repeat this? You need a k...