Attachments forums

List of attachments posted on this forum.


All files on forums: 163129

Re: Trading Pullbacks System

Meyney, Mon Apr 19, 2021 6:07 am

claytonbj88 wrote: Mon Apr 19, 2021 5:01 am there we go, i managed to get the picture uploaded, so as you can see price is in-between 0.77322 (SUPPLY) and 0.77122 ( DEMAND) ive never really used supply and demand before so im trying to learn and get a better under standing on what you should do in this situation, because as you can see price is consolidating. so because price is above the MA are we looking for price to break above the supply toward the upside, and once the stochastics starts to move outside the overbought zones we then take that trade as a buy?
we had already a big upmove on AU 1H (bounce from the Daily sd scroll back for setup) so you are late at the party. where is your round number where is your trendline? for 1H trade this not an interesting setup (my opinion) but you can play lower timeframe perhaps between the sd's or choose another pair for a better 1H setup.
All files in topic