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Re: Trading Pullbacks System

Posted: Mon Oct 11, 2021 9:40 pm
by Meyney
audcad

Re: Trading Pullbacks System

Posted: Tue Oct 12, 2021 4:27 am
by Meyney
Meyney wrote: Mon Oct 11, 2021 9:40 pm audcad
audcad 1H went North...as we can see the trendline was not broken (with decent short momentum) so no short setup for me=template. Some traders will build positions into the overbought situation when trend is down (they got already very nice runs).

Re: Trading Pullbacks System

Posted: Tue Oct 12, 2021 11:14 pm
by Meyney
usdcad

Re: Trading Pullbacks System

Posted: Wed Oct 13, 2021 11:48 pm
by Meyney
nice longs uj

Re: Trading Pullbacks System

Posted: Thu Oct 14, 2021 5:40 am
by Meyney
eu 1H we have seen plenty of impulses down already with nice entries. Perhaps momentum will change to the upside...possible...keep watching...

Re: Trading Pullbacks System

Posted: Thu Oct 14, 2021 6:07 am
by Meyney
You can add market structure (zigzags) to get the bigger picture

Re: Trading Pullbacks System

Posted: Thu Oct 14, 2021 6:41 am
by Meyney
see on eu 5m how it left the SD 1H 2 bottom

Re: Trading Pullbacks System

Posted: Fri Oct 15, 2021 1:16 am
by Meyney
some confluence bounce on eu daily weekly channel and 161 extension

Re: Trading Pullbacks System

Posted: Fri Oct 15, 2021 1:17 am
by Meyney
eu

Re: Trading Pullbacks System

Posted: Sat Oct 16, 2021 1:13 am
by matt.denx
What is the meaning of black dot in the RSI indicator below?

Also, any tips how and when to set up the trendline properly to avoid untimely trendline placement that leads to false breakout?