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Re: Trading Pullbacks System
Posted: Wed May 19, 2021 10:26 pm
by RplusT
Plenty of trading opportunities...no need for indicators
The last one today was good for 100 points (US30).....
US30 5m
US30 1m
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 10:28 pm
by Meyney
[quote=RplusT post_id=1295435552 time=1621427178 user_id=4866937]
Plenty of trading opportunities...no need for indicators
Yup I tried to tell many times here but I gave up
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 11:00 pm
by RplusT
Meyney wrote: Wed May 19, 2021 10:28 pm
Yeah, I know. But I really don't blame anyone. On my journey of a thousand indicators quite a long time back I was exactly like that. Very frustrated, I almost gave up. Grabbing the last straw, I decided to delete all the indicators and only leave a 24 smoothed MA on the chart (the white line on the charts above) and marked major S/D levels. Looking for confluence on higher TFs and drawing some lines, I started making money and never looked back. I'm glad you opened this thread. I hope this may convince at least some not to waste their time with all the fancy stuff, which I do play with, but not really trade with. Of course I'm aware, there is no such thing as one fits all. Use whatever suits you, but stick to it.
Re: Trading Pullbacks System
Posted: Thu May 20, 2021 2:14 am
by claytonbj88
hey guys i came across WALT Wave Auto trendlines, feel free to check it out.
viewtopic.php?p=1295414423#p1295414423
Re: Trading Pullbacks System
Posted: Thu May 20, 2021 3:55 am
by Meyney
gold nice
Re: Trading Pullbacks System
Posted: Thu May 20, 2021 3:59 am
by Meyney
gy
Re: Trading Pullbacks System
Posted: Thu May 20, 2021 4:03 am
by Meyney
eu
Re: Trading Pullbacks System
Posted: Thu May 20, 2021 4:53 am
by Meyney
RplusT wrote: Wed May 19, 2021 11:00 pm
Yeah, I know. But I really don't blame anyone. On my journey of a thousand indicators quite a long time back I was exactly like that. Very frustrated, I almost gave up. Grabbing the last straw, I decided to delete all the indicators and only leave a 24 smoothed MA on the chart (the white line on the charts above) and marked major S/D levels. Looking for confluence on higher TFs and drawing some lines, I started making money and never looked back. I'm glad you opened this thread. I hope this may convince at least some not to waste their time with all the fancy stuff, which I do play with, but not really trade with. Of course I'm aware, there is no such thing as one fits all. Use whatever suits you, but stick to it.
Agree and thanks
Re: Trading Pullbacks System
Posted: Fri May 21, 2021 10:02 pm
by Meyney
short was not succesful (bounced back at the round nr) but the longs were nice
Re: Trading Pullbacks System
Posted: Fri May 21, 2021 10:11 pm
by Meyney
eu