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Re: Trading Pullbacks System
Posted: Fri Aug 18, 2023 5:04 pm
by Meyney
Chickenspicy wrote: Fri Aug 18, 2023 9:46 am
Would you leave a setup like this alone?
Seems sideways
this chart looks like a mess, however clear 2 bottom. be selective, where is the impulse/retrace, are we at an important level, big number etc. Do not force trades be patient, zoom out.
Re: Trading Pullbacks System
Posted: Fri Aug 18, 2023 5:18 pm
by Meyney
zoomed out
Re: Trading Pullbacks System
Posted: Fri Aug 18, 2023 8:12 pm
by RplusT
saishala wrote: Fri Aug 18, 2023 7:29 am
I have no idea if this helps anything...
The thing goes like this; With this template and the settings it has (in the template since I haven't saved it...) Most of the Pullbacks come out. I warn you in advance that Pullbacks are not my style.
I'm just leaving it here for "if it helps".
Looks Profitable....
Password......
Re: Trading Pullbacks System
Posted: Sat Aug 19, 2023 7:01 am
by Meyney
[quote=saishala post_id=1295521298 time=1692307789 user_id=4946125]
I have no idea if this helps anything...
The thing goes like this; With this template and the settings it has (in the template since I haven't saved it...) Most of the Pullbacks come out. I warn you in advance that Pullbacks are not my style.
I'm just leaving it here for "if it helps".
Looks Profitable....
Not bad thanks for posting, but trendlines are little bit weird; drawn auto through the wicks, I think through the bodies after 1st pivot is better. like this
Re: Trading Pullbacks System
Posted: Sat Aug 19, 2023 7:34 am
by Chickenspicy
Idk, sounded like the right indicator lol
Re: Trading Pullbacks System
Posted: Sat Aug 19, 2023 8:46 am
by Forexlearner
i'm with team "there is no need for candle colours", there is no need for it to be honest, a mere distraction
Re: Trading Pullbacks System
Posted: Fri Sep 08, 2023 4:58 am
by Meyney
just watching a post about gbpusd 4H, watch impulse and retrace this is key
Re: Trading Pullbacks System
Posted: Fri Sep 15, 2023 4:18 am
by Chickenspicy
i am using 2 tmas one on high price and the other on low
tma cg and tma fast are different
the tma fast repaints less but i guess this is a mix
exceptional for reading previous data
Re: Trading Pullbacks System
Posted: Fri Sep 15, 2023 4:31 am
by Chickenspicy
within the framework of higher timeframe heikin ashi alone is enough
Re: Trading Pullbacks System
Posted: Fri Sep 15, 2023 5:06 am
by Meyney
Chickenspicy wrote: Fri Sep 15, 2023 4:31 am
within the framework of higher timeframe heikin ashi alone is enough
this 4H Gold chart is a very nice example to trade without any indicators just pullbacks/trendlines.
If you remove these HA bars and plot trendlines at the pullbacks at your Semaphores you will get nice entries. Especially when the TL is broken by a juicy candle.
2nd if you have the time watch spread carefully for a while at key zones(often news). Why is spread suddenly widening there (at the wicks) like crazy?
cheers M.