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Re: Trading Pullbacks System

by: RplusT
The DAX has obviously seen the latest electricity bill........ :D One direction, going South and South and South....... After my 6th coffee still the same....... :D .... How boring! Money wise of course not. But it needs a lot of patience not to cut it off. But as Meyney always says......"Trade...

Re: Trading Pullbacks System

by: RplusT
both RplusT and Meyney, I wonder how you decide when to exit a trade? Do you have pre defined TP and you hold to it no matter what? You dont have a set TP and exit whenever you "feel" like a reversal could come soon? Maybe you trail? etc. Yeah, I wonder too. Usually I take some trades off...

Re: Trading Pullbacks System

by: RplusT
Yes, Trend envelopes work very well as long as people are aware that in mtf they appear on lower TFs only once the conditions on that higher TF are met and continue that direction. But as a reference in relation to the price action they are very convenient. Trendenvelopes.JPG TrendEnvelopes-alerts (...