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Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 12:05 am
by Meyney
josi wrote: Mon Apr 26, 2021 11:51 pm
Nice W-formation - but entry was a long time ago - 23-04-21
So you don't only hunt on M1...
Right not only 1M. see post 591-593-594 about au 4H
Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 1:01 am
by notice
USDCHF. TF 15M. Is that right, sir?
Thank you for helping me !
Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 2:14 am
by claytonbj88
Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 4:01 am
by Meyney
claytonbj88 wrote: Tue Apr 27, 2021 2:14 am
GBP/CAD Today
there you go this makes sense well done
Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 4:14 am
by Meyney
notice wrote: Tue Apr 27, 2021 1:01 am
USDCHF. TF 15M. Is that right, sir?
Thank you for helping me !
Yes it is right because you made money! ...but according to my template 70+80 EMA did not cross so in theory still short
Re: Trading Pullbacks System
Posted: Tue Apr 27, 2021 4:32 am
by notice
Meyney wrote: Tue Apr 27, 2021 4:14 am
Yes it is right because you made money! ...but according to my template 70+80 EMA did not cross so in theory still short
Ah yeah. I understood. I didn't note 70+80MA.
Thank you, sir ! Still learning.
Re: Trading Pullbacks System
Posted: Fri Apr 30, 2021 1:21 am
by Hewata
Dear fellows,
Any opinion or advise for this condition. Should I buy or sell.
Should I just wait for break beyond these 2 trend lines?
Re: Trading Pullbacks System
Posted: Fri Apr 30, 2021 1:23 am
by josi
Hewata wrote: Fri Apr 30, 2021 1:21 am
Dear fellows,
Any opinion or advise for this condition. Should I buy or sell.
Should I just wait for break beyond these 2 trend lines?
meyney's indicators still show an uptrend.
So you use TLs and mark the pullbacks and buy the BO up.
It may be helpful (as price has reached a top) to use a lower TF
The good news is you know pretty precisely when to exit
If momentum continues to fail you wait...
Re: Trading Pullbacks System
Posted: Fri Apr 30, 2021 1:50 am
by Hewata
And this is my trading for AUDUSD following pullback system.
So far so good. Easy on eyes, not too many indicators.
Re: Trading Pullbacks System
Posted: Fri Apr 30, 2021 1:55 am
by Hewata
josi wrote: Fri Apr 30, 2021 1:23 am
meyney's indicators still show an uptrend.
So you use TLs and mark the pullbacks and buy the BO up.
It may be helpful (as price has reached a top) to use a lower TF
The good news is you know pretty precisely when to exit
If momentum continues to fail you wait...
Thank you Josi for your opinion and advise.
I think I have to leave this one. Its 10.54 PM right now in my place.
Will continue tomorrow for another trade.