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Re: Trading Pullbacks System

Posted: Fri Jun 30, 2023 9:09 pm
by RplusT
Not that I would have to prove anything. I'm also aware that there is no such thing as one fits all.

The reason I've been posting these charts for a few days in the row is just to show that a simple guideline (which style ever you prefer) is more than sufficient to make decent trades pretty much every day. Just don't second guess, wait till the PA gives you a clear picture of when to take action.
Have a great weekend!


US30


Re: Trading Pullbacks System

Posted: Fri Jun 30, 2023 9:52 pm
by Meyney
[quote=RplusT post_id=1295517182 time=1688123392 user_id=4866937]
Not that I would have to prove anything. I'm also aware that there is no such thing as one fits all.

The reason I've been posting these charts for a few days in the row is just to show that a simple guideline (which style ever you prefer) is more than sufficient to make decent trades pretty much every day. Just don't second guess, wait till the PA gives you a clear picture of when to take action.
Have a great weekend!


US30


Indeed

Re: Trading Pullbacks System

Posted: Fri Jun 30, 2023 10:08 pm
by Forexlearner
RplusT wrote: Fri Jun 30, 2023 9:09 pm Not that I would have to prove anything. I'm also aware that there is no such thing as one fits all.

The reason I've been posting these charts for a few days in the row is just to show that a simple guideline (which style ever you prefer) is more than sufficient to make decent trades pretty much every day. Just don't second guess, wait till the PA gives you a clear picture of when to take action.
Have a great weekend!


US30


Image
can you share that template please

Re: Trading Pullbacks System

Posted: Fri Jun 30, 2023 10:26 pm
by RplusT
Forexlearner wrote: Fri Jun 30, 2023 10:08 pm can you share that template please

:D ....Not much to share... hope Meyney does not mind, here it is:


Re: Trading Pullbacks System

Posted: Fri Jun 30, 2023 10:47 pm
by Meyney
RplusT wrote: Fri Jun 30, 2023 10:26 pm :D ....Not much to share... hope Meyney does not mind, here it is:

I do not mind at all. It is the same concept and as you said before there are more templates / roads to Rome possible. However I do have problems with secret indicators or arrows not explained in this thread.

Keep up the good work best M.

Re: Trading Pullbacks System

Posted: Mon Jul 03, 2023 4:48 am
by Meyney
Drawing trendlines etc. we have to adjust sometimes as price will move of course. But as you can see the candle's (colour) will help. big green(s)=up, big red(s) = down, especially in shorter time as the pullback(=retrace will take more time with less pips). So watch your candlesticks, it will help to identify movement/market structure. Fancy colours will not help.

Re: Trading Pullbacks System

Posted: Tue Jul 04, 2023 12:16 am
by Meyney
shorts Dow

Re: Trading Pullbacks System

Posted: Tue Jul 04, 2023 12:49 am
by Meyney
usdcad flip daily, interesting weekly trendline (green)

Re: Trading Pullbacks System

Posted: Wed Jul 05, 2023 8:54 pm
by RplusT
US30....a perfect trading day....Tons of pips or points
MT4 channel tool.......Based on a Trendline you draw


Re: Trading Pullbacks System

Posted: Wed Jul 05, 2023 11:01 pm
by Meyney
[quote=RplusT post_id=1295517648 time=1688554492 user_id=4866937]
US30....a perfect trading day....Tons of pips or points
MT4 channel tool.......Based on a Trendline you draw


nice confirmation from the hourly chart