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Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 3:36 am
by Mustafa
sal wrote: Tue Apr 20, 2021 2:38 am
nice and neat chart !!.
can you please share the bars indiator shown in chart!!
That is not an issue.... It is stochastic candles indicator... I found it here on forexstation. However, no problem sharing it... Hope you find it useful.
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 3:43 am
by claytonbj88
Mustafa wrote: Tue Apr 20, 2021 3:12 am
Thanks for your feedback. I did not think about the indicator in that way.... I tried to use it but could not wrap my head around the crosses in the indicators. Now looking closely again and observing whether taking trades only when the indicator is in the OB/OS zones would make a difference... Thanks again.
if the lines do not touch the OB and OS or the lines are in between the values of 60 and 40 then look at price, most of the time when this happens price is consolidation
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 5:30 am
by Meyney
gy setups today, nice longs. Notice strong pushes up and retrace setup/template is ruling. Simple. Still wondering why this is not enough and indicators are added here. Try to read/understand what I have posted here already before posting your well-meant indicator/Holy Grail. Thanks!
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 2:07 pm
by notice
I'm using WPR candles, note MA50 and round number. Still learning.
Thank you ,sir !
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 3:58 pm
by moey_dw
Meyney wrote: Tue Apr 20, 2021 5:30 am
gy setups today, nice longs. Notice strong pushes up and retrace setup/template is ruling. Simple. Still wondering why this is not enough and indicators are added here. Try to read/understand what I have posted here already before posting your well-meant indicator/Holy Grail. Thanks!
hi meyney did u get in LONG at 151??? i went long then almost exit at loss but went up!!!!!
now just wait for pullback to these levels................ is my buy limits ideal???
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 3:59 pm
by moey_dw
notice wrote: Tue Apr 20, 2021 2:07 pm
I'm using WPR candles, note MA50 and round number. Still learning.
Thank you ,sir !
i really like u drawing minor breakouts with black line............. im still find some challenge on it but urs look good sir
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 5:03 pm
by Mustafa
On GBPAUD got two trades..... There were definitely more but these are what I could capture.... I think I can always work on improving my entries but really can't yet determine one perfect moment at which to always enter a trade....
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 6:51 pm
by Meyney
nicely done guys! Sorry I am a little bit grumpy sometimes, but I tried already millions of indicators to improve this system
hope you understand. In the end it's all about price action with help of the MA's to spot in a blink.
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 7:17 pm
by Meyney
indeed nice/multiple short setups GBPAUD (when I was asleep)
Re: Trading Pullbacks System
Posted: Tue Apr 20, 2021 7:42 pm
by claytonbj88
Meyney wrote: Tue Apr 20, 2021 7:17 pm
indeed nice/multiple short setups GBPAUD (when I was asleep)
sleeping with trades open on the 1M chart?
