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Re: Trading Pullbacks System
Posted: Sat Dec 03, 2022 7:19 am
by Meyney
template with 3 zigzags settings I think I posted this before not sure anyway perhaps it will help to see PA better
Re: Trading Pullbacks System
Posted: Tue Dec 06, 2022 6:19 am
by Meyney
buy low sell high same old story, you can do this with a few MA's, (if you can not see/do not understand price action add a few zigzags) and for example stochastics to enter at oversold or overbought area's where MTF Ma's are showing direction. Some traders will build up positions into the oversold/overbought area's(stochasticks, AO histogram etc), some will enter at trendline breaks, and some(worst entry) will enter at indicator crosses....what is your style?
Re: Trading Pullbacks System
Posted: Tue Dec 06, 2022 6:31 am
by Chickenspicy
I’m thinking about using some fast buy and sell indicator
Like a filtered rsi or Stoch and
Then a lower time ma cross to keep in trade and to keep breakevens
together with price action
Haven’t started yet maybe you could find something
meyney there are a lot of variations like entering on lower timeframes=impulse retrace entry when extremes/big round numbers SD zones etc. were met. In the end you will see the same patterns you do not need fancy filtered indicators
Re: Trading Pullbacks System
Posted: Wed Dec 14, 2022 8:38 pm
by Meyney
EU next hurdle, price will often react (flip / zigzag through or bounce) at these levels
Re: Trading Pullbacks System
Posted: Thu Dec 15, 2022 9:12 pm
by sal
Meyney wrote: Tue Dec 06, 2022 6:19 am
buy low sell high same old story, you can do this with a few MA's, (if you can not see/do not understand price action add a few zigzags) and for example stochastics to enter at oversold or overbought area's where MTF Ma's are showing direction. Some traders will build up positions into the oversold/overbought area's(stochasticks, AO histogram etc), some will enter at trendline breaks, and some(worst entry) will enter at indicator crosses....what is your style?
seems new version!
Re: Trading Pullbacks System
Posted: Thu Dec 15, 2022 9:55 pm
by Meyney
sal wrote: Thu Dec 15, 2022 9:12 pm
seems new version!
same idea really as long you take notice of SD zones, impulses/retrace and enter at a decent price
and of course we zoom out for the bigger picture...
Re: Trading Pullbacks System
Posted: Sat Dec 17, 2022 6:09 am
by Jon
Hello
I have been really busy lately and have only had time to trade the 4 hour charts.
AUDJPY
Price broke the trendline after what looks like an extended retracement. I actually entered after the retest of the SD zone, I'm sure a better entry could of been taken on lower timeframes but i was happy with the end result none the less. I hope you are well my friend!
Re: Trading Pullbacks System
Posted: Sat Dec 17, 2022 6:50 am
by Meyney
audjpy
Re: Trading Pullbacks System
Posted: Sat Dec 17, 2022 7:24 am
by Jon
Meyney wrote: Sat Dec 17, 2022 6:50 am
audjpy
This gave me some confidence in my trading decision, If I had got in on the trendline break it would of been too early. Cheers M
Re: Trading Pullbacks System
Posted: Sat Dec 17, 2022 11:19 am
by Chickenspicy
S&P and compiling recession