Re: Trading Pullbacks System
Posted: Sat May 01, 2021 4:22 am
The MA's on the 1M template already show the HTF sal, no need to check with 5M...every TF = cycle
The MA's on the 1M template already show the HTF sal, no need to check with 5M...every TF = cycle
can you please explain.. how its..Meyney wrote: Sat May 01, 2021 4:22 am The MA's on the 1M template already show the HTF sal, no need to check with 5M...every TF = cycle
Ok so what i can see on the H1 TF is price broke structure on the 24th of February as price pushed and broke 84.910 and continued on a uptrend towards, 85.970 and then starts to create a small pull back at 85.970 on 8/3/2021 before continuing to push upwards to 88.090 round number creating a new HH on 16/3/2021. price then retest at 85.970 on 23/3/2021 before then trying to brake previous HH making another attempt to push to the upside but fails, price then returns to previous LL at 85.970 on the 19th/3/202. price then pushes towards the previous HH at 88.090 then brakes pervious HH structure creating a new HH.Meyney wrote: Sat May 01, 2021 4:06 am Great idea C! Perhaps you can already study a bit by yourself. Suggestion: load a 1H chart with the round nr's and watch price action=candles at the round nr. Switch if ness. to lower TF's to spot how price is zigzagging (HH HL / LL LH) around this level. Please share your findings here so the other members can benefit, thanks in advance and best M.
we want to see a PROPER retrace not 3 candles etc. Do not force trades, wait till you see a nice setup
is possible yes not bad, but try to be selective=where is the real action?Did you zoom out to see where? Do not trade the setup-template blindly you have more chance if more signs alinenotice wrote: Tue May 04, 2021 12:37 am Continue to learn !
NZDUSD TF 5M
Thank you for teaching me, Sir !
Congrats you started to watch / study charts. The MA's are doing great on your screenshot, I will add some more info if time. best M.claytonbj88 wrote: Mon May 03, 2021 10:18 pm Ok so what i can see on the H1 TF is price broke structure on the 24th of February as price pushed and broke 84.910 and continued on a uptrend towards, 85.970 and then starts to create a small pull back at 85.970 on 8/3/2021 before continuing to push upwards to 88.090 round number creating a new HH on 16/3/2021. price then retest at 85.970 on 23/3/2021 before then trying to brake previous HH making another attempt to push to the upside but fails, price then returns to previous LL at 85.970 on the 19th/3/202. price then pushes towards the previous HH at 88.090 then brakes pervious HH structure creating a new HH.
good morning, haha i was just starting to think if you had replied to my chart i posted, brilliant thats music to my ears, its always nice to know that im on the correct path. thanks Meyney!Meyney wrote: Tue May 04, 2021 4:32 am Congrats you started to watch / study charts. The MA's are doing great on your screenshot, I will add some more info if time. best M.