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Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 6:04 am
by Meyney
whiteadrian23 wrote: Fri Mar 26, 2021 4:14 am MetaTrader 4 IC Markets (SC).png

Any good method for trailing a stop loss using this system? Would be good to catch some of those runners. I have been taking profit at the next S/R level.
No idea; you are mixing different cycles with different indicators with your template. Please read again from post 1 maybe this will help

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 6:20 am
by whiteadrian23
Meyney wrote: Fri Mar 26, 2021 6:04 am No idea; you are mixing different cycles with different indicators with your template. Please read again from post 1 maybe this will help
Indicators are the same on M1 and M5.

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 6:45 am
by Meyney
whiteadrian23 wrote: Fri Mar 26, 2021 6:20 am Indicators are the same on M1 and M5.
Not the same on 1H but the point is you are mixing 3 cycles on your template. Using higher timeframes SD's and pinpoint on lower tf is useful as i tried to show here so please read again the posts. best M.

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 7:21 pm
by Meyney
example eu mtf. So 1H is clearly down but forms lower SD zone. Let's zoom out / in on 1M chart and we see clearly the 2 bottom (W) into the blue 1H SD zone notice last leg of the W is also a W. Consider a long on the 1M while 1H is down. (By the way also on 5M long setups).

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 8:48 pm
by sal
nice trend

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 9:04 pm
by Meyney
right sal..... watch gy 1H right now at 151 and SD zone

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 10:16 pm
by moey_dw
Meyney wrote: Fri Mar 26, 2021 9:04 pm right sal..... watch gy 1H right now at 151 and SD zone
it was very aggressive pull back after market open dis week for gbpjpy............. but then it just continue with big trend eh

hoping u guys made profits............... if only i held my trade on monday :lmao: :lmao: :lmao:

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 10:46 pm
by Yuri_I
Hi Meyney! Maybe, but adjusted for himself...

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 11:13 pm
by Meyney
how easy and simple a chart can be...see how NQ bounced on the sd/1270 level

Re: Trading Pullbacks System

Posted: Fri Mar 26, 2021 11:41 pm
by Yuri_I
12700 he has a favorite number