Re: Trading Pullbacks System

1019
Pauliz wrote: Sat Dec 11, 2021 1:07 am US30 M5. Spike = CPI news 1 hr before NY open. Couldn't have guessed which way on fundamentals, but the pullback approach seems pretty reliable for news and session opens.
Statistically speaking, I would wait for a sample size of 100-400 before making such statements (predictions).
Fact is: WS30 has been going up even before London Open, only now - with the spike - was it testing old highs, i. e. is it possibly and eventually turning the other way.
So guessing wasn't at all necessary: you entered around London Open, stayed in the trade until price reached 35937 (test of former high) and then said bye-bye...
P.S.: But I like your setup; the screen looks well-structured and clear.
Which MACD-indie are you using?


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