i am tested today positions as marked in EURUSD M1
vetical lines are manually ploted for entry positons
Re: Trading Pullbacks System
1092draw your levels sd's = watch charts/zoomout DO YOUR HOMEWORK and watch impulse/chop instead of higher timeframes indicators or reversal repainters.
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Re: Trading Pullbacks System
1093I do not trade news because spreads will widen etc. Just wait after the silly walks 
and enter after retrace...
and enter after retrace...
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Re: Trading Pullbacks System
1094
APBs, stoch 80/20 cross arrows, impulse to MAs.
If price does not make a new low could be a good rule not to take the next pullback due to potential reversal?
If price does not make a new low could be a good rule not to take the next pullback due to potential reversal?
Re: Trading Pullbacks System
1095whiteadrian23 wrote: Fri Feb 04, 2022 10:19 pm APBs, stoch 80/20 cross arrows, impulse to MAs.
If price does not make a new low could be a good rule not to take the next pullback due to potential reversal?
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Re: Trading Pullbacks System
1097I'm working on a Renko system for pullbacks. I run into this issue every now and then where it looks like the perfect set up, but instead it hits my stop loss and then goes into the direction I originally predicted or reversing on me all together. The yellow vertical line in this trade I entered on a sell, but it hit my stop loss. In this picture it went back into the direction I originally predicted but in some cases it won't, and continue to go into the opposite direction. Any suggestions?
Re: Trading Pullbacks System
1098The obvious solution on your chart seems to be to wait for the second peak of the indicator in the subwindow. Once the second peak begins to slope down, get into your trade.... you will have fewer but more accurate signals from your system...Kareem115 wrote: Mon Feb 14, 2022 9:20 am I'm working on a Renko system for pullbacks. I run into this issue every now and then where it looks like the perfect set up, but instead it hits my stop loss and then goes into the direction I originally predicted or reversing on me all together. The yellow vertical line in this trade I entered on a sell, but it hit my stop loss. In this picture it went back into the direction I originally predicted but in some cases it won't, and continue to go into the opposite direction. Any suggestions?
Re: Trading Pullbacks System
1099Ahhhh yes, that makes a lot of sense thanks! I'm still in the process of testing out different indicators with the system as well. Would you happen to know of any indicators that may help getting into more accurate pullback trades? In the picture I'm currently using the MACD momentum trend index and the trend CCI indicator.Mustafa wrote: Mon Feb 14, 2022 1:47 pm The obvious solution on your chart seems to be to wait for the second peak of the indicator in the subwindow. Once the second peak begins to slope down, get into your trade.... you will have fewer but more accurate signals from your system...
Re: Trading Pullbacks System
1100Use two RSI from H4 in mtf mode, 3 and 9 in the same window.... Use their crosses as entry signals in the direction of your other trend indicators......Kareem115 wrote: Mon Feb 14, 2022 2:51 pm Ahhhh yes, that makes a lot of sense thanks! I'm still in the process of testing out different indicators with the system as well. Would you happen to know of any indicators that may help getting into more accurate pullback trades? In the picture I'm currently using the MACD momentum trend index and the trend CCI indicator.
