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Re: Trading Pullbacks System

Hi @Meyney @josi @RplusT, I really like this trading style, really clean charts and effective. Just one question; did you find any significant difference drawing TL lines using candlesticks compared to price line chart ? Well, I guess that's just a preference. While I use line charts to draw major ...

Re: Trading Pullbacks System

Josi, got to follow price action.....manually or automatically.....There is no way to anticipate if and where the pullback actually will reverse. Thus if we work with trendlines, that's the way it is. Some MAs, as on Meyney's charts, are a bit more flexible as those cover an area and not a firm line...

Re: Trading Pullbacks System

GU TF 5M Thank you, RplusT ! Great! That's the way to go. Boosts confidence. Can't take it all anyway. Who wants to sit in front of the computer all day.! Wouldn't have taken your missed trade with a possible S/R level right above it. But after the break of that level it would have been worth a try...

Re: Trading Pullbacks System

Josi, I disagree with you...at least partly. Of course the Jurik line is tradable. I simply prefer trendlines because the price doesn't constantly cross the line and I can decide where to put them.......i.e. I get a clearer picture. 1) This is my actual trading chart, not hindsight. If I could trad...

Re: Trading Pullbacks System

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 after day, that's really all there is to do about trading. This is ...

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