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Re: Trading Pullbacks System

let's zoom out and see gy made already nice longs on 1H but MA's flattening right now and no reason for entries on 1H. But candle pattern at round nr. watch tl so perhaps time to switch to ltf like 1M. This template will not repaint so easy to backtest/study. That's a good way of looking at it, I n...

Re: Trading Pullbacks System

read post 1, oh I see it is changed by moderators. It seems my suggestion to watch/be cautious/take some at previous highs/lows is removed, perhaps somebody can add so: Always check/be careful at previous low/high this is first target idea and:WATCH price moving! very often price will come back to ...

Re: Trading Pullbacks System

i also jumped on EU today i was 3% down last night and ive now come back to break even and finished with a 3% profit, i think when i exit could be better. any idea whens best to exit a trade? i usually exit when the RSIMA crosses in the over brought and over sold zones and watch out for price touchi...

Re: Trading Pullbacks System

1. when trading 1M charts be selective which pair to trade. why eurcad? Check ADR and spread; most brokers have spread 2 on eurcad so if trading 1M chart you are already 4 pips behind so almost impossible to make money. I did not check eurcad properly (I do not trade it 1M) but check pair spread/AD...

Re: Trading Pullbacks System

notice wrote: Sat May 15, 2021 1:05 am As Meyney said, we have to notice the price action. In the picture you sent, I will not SELL , because you see that the price has made a higher high.
yes that is correct, i didnt even realize price had broke market structure until i just read your comment thanks for pointing this out. :)

Re: Trading Pullbacks System

ok so here is a trade that hit my stop loss, EURCAD 1M TF, MA's crossed and price is below, so i placed a big trend line, price broke that trend line, so i waited for a pullback, placing a second trend-line, once price broke that second trend line thats where i got in 3 candles late but was still ex...

Re: Trading Pullbacks System

You can share your 'failed' charts here perhaps you will get some help from others, but be careful do not switch from indicator to indicator. Your latest eurjpy chart suddenly shows a so called 'semafor'. This is a simple/default zigzag indicator with various settings, useful but only when you unde...

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