No idea; you are mixing different cycles with different indicators with your template. Please read again from post 1 maybe this will helpwhiteadrian23 wrote: Fri Mar 26, 2021 4:14 am MetaTrader 4 IC Markets (SC).png
Any good method for trailing a stop loss using this system? Would be good to catch some of those runners. I have been taking profit at the next S/R level.
Re: Trading Pullbacks System
342Indicators are the same on M1 and M5.Meyney wrote: Fri Mar 26, 2021 6:04 am No idea; you are mixing different cycles with different indicators with your template. Please read again from post 1 maybe this will help
Re: Trading Pullbacks System
343Not the same on 1H but the point is you are mixing 3 cycles on your template. Using higher timeframes SD's and pinpoint on lower tf is useful as i tried to show here so please read again the posts. best M.
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Re: Trading Pullbacks System
344example eu mtf. So 1H is clearly down but forms lower SD zone. Let's zoom out / in on 1M chart and we see clearly the 2 bottom (W) into the blue 1H SD zone notice last leg of the W is also a W. Consider a long on the 1M while 1H is down. (By the way also on 5M long setups).
Re: Trading Pullbacks System
347it was very aggressive pull back after market open dis week for gbpjpy............. but then it just continue with big trend eh
hoping u guys made profits............... if only i held my trade on monday
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Re: Trading Pullbacks System
349how easy and simple a chart can be...see how NQ bounced on the sd/1270 level