Page 148 of 198

Re: Trading Pullbacks System

Posted: Tue Aug 30, 2022 3:59 am
by Meyney
josi wrote: Mon Aug 29, 2022 6:03 pm If you don't like that post - Meyney - just delete it. Don't want to spam your thread....
you can use them all - just start on the current TF and make them act as - sort of - adaptive TLs that move along/mark the retracements.
After that add - for example - 2nd higher TF (with the same entries) and there you are...
Image
It is allright Josi; same concept; buy low sell high. What I try to say here is be selective; draw your levels etc. Watch the 'extremes' there we can enter on lower TF using impulse/pullback/trendline break. Even breakouts / flips can be traded with a decent entry on a pullback.

Re: Trading Pullbacks System

Posted: Tue Aug 30, 2022 9:46 pm
by Meyney
gu

Re: Trading Pullbacks System

Posted: Thu Sep 01, 2022 4:21 am
by Meyney
gu was awesome setup and I hope you made some money on gold also

Re: Trading Pullbacks System

Posted: Thu Sep 01, 2022 9:15 pm
by Bbq Ribs
Meyney wrote: Tue Aug 30, 2022 9:46 pm gu
Image
Hi Meyney,

I also trade pullbacks and find your posts very interesting.

Just wondering which tool your using to draw the rectangular support and resistance zones. Mine are all filled in blue when I use the MT4 tools.

Many thanks

BBQ RIBS

Re: Trading Pullbacks System

Posted: Thu Sep 01, 2022 10:25 pm
by Meyney
Bbq Ribs wrote: Thu Sep 01, 2022 9:15 pm Hi Meyney,

I also trade pullbacks and find your posts very interesting.

Just wondering which tool your using to draw the rectangular support and resistance zones. Mine are all filled in blue when I use the MT4 tools.

Many thanks

BBQ RIBS
Hi I draw them by hand and when I scroll quickly through charts I use a (paid/leased) MT4 tool

best M

Re: Trading Pullbacks System

Posted: Fri Sep 02, 2022 12:45 am
by Meyney
Gold at interesting level

Re: Trading Pullbacks System

Posted: Fri Sep 02, 2022 12:59 am
by Meyney
Meyney wrote: Tue Aug 30, 2022 1:12 am usdcad weekly
Image
see how usdcad flipped through weekly SD

Re: Trading Pullbacks System

Posted: Fri Sep 02, 2022 5:02 am
by charli
Hi M.
i know you do not like indicators, but this one obv DSL looks promising for detecting reversals or continuation a bit before viewtopic.php?f=579489&t=8474677&start=40 ...Maybe I am subjective again,c12 round numbers indi here on the forum and channel is ema 200 with lvls 200 -200 ...Hope u do not mind I share a bit observation, I was always a fan of your style

Re: Trading Pullbacks System

Posted: Fri Sep 02, 2022 5:35 am
by Meyney
[quote=charli post_id=1295487377 time=1662058924 user_id=4867648]
Hi M.
i know you do not like indicators, but this one obv DSL looks promising for detecting reversals or continuation a bit before viewtopic.php?f=579489&t=8474677&start=40 ...Maybe I am subjective again,c12 round numbers indi here on the forum and channel is ema 200 with lvls 200 -200 ...Hope u do not mind I share a bit observation, I was always a fan of your style

I use indicators like SD zones and S&R they will help me to spot zones fast scrolling setups but the problem is you think indicators can predict the future like this DSL obv. Study price action and zones is my advice. Read post 1478 for example. We (I) just try to follow price at a decent price, never predict with lagging indicators.

best M.

Re: Trading Pullbacks System

Posted: Fri Sep 02, 2022 6:34 am
by charli
Meyney wrote: Fri Sep 02, 2022 5:35 am
Thanks, one needs at the end to use what he personally found and to feel comfortable when trading, what works for one trader does not necessarily work for another trader we all know, I am glad that you found your style, and indi can not predict the future for sure, my mind not working like that, this is only liking for my eyes and boost my confidence for a couple of approaches that I use ...All the best and tnx for everything