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Re: Trading Pullbacks System

Meyney, Tue Nov 16, 2021 6:18 am

sal wrote: Sat Nov 13, 2021 1:29 am i am trying to do as per your way, marked on your chart snap
2 conditions are i marked and following
1. MA lines followed and RN levels confirmation
2. Reversal trades opposite of MA lines based on RSI ob/os down and pullback on RN levels confirmation area.
please give your valuable suggestions
Image
My valuable suggestion: please do not try to simplify this idea/template with 2-3 indicators. You have to look at price action/market structure=use your brain. Told you many times before right? only MA 100? Possible but the idea behind the multiple MA's is you can see easily where to take a pullback position into the 'trend'. example today. watch where price could not break to the upside (sd zone) slowly price is moving downwards...best entries are when ma's are wide (ma's flat; careful chop). You can easily add more positions (not shown on this chart). ps if you post a chart add time and zoom out otherwise I have no idea what you are trying to say, I do not have time to figure out where your zoomed in chart took place...
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