Re: Trading Pullbacks System

408
Meyney wrote: Wed Mar 31, 2021 6:12 am your trendline is not accurate so entry is too late at previous high and I assume you still trade arrows on your chart right. Advice: load the proper template do not trade arrows/indicators, study, read the postings and BE SELECTIVE
Thank you, sir !
Exactly entry point too late.I do not trade according to the arrows. I look at trends at higher timeframe.

Re: Trading Pullbacks System

410
notice wrote: Wed Mar 31, 2021 9:51 pm AUDUSD TF 1D is a H & S pattern. So i move to 4H TF waiting SELL.
The trendline i draw like that is ok ?
Thanks for you helping me !
it has to retrace more on 4H and we do not draw a trendline on 4 candles in this case (your purple trendline) and just made already a few nice entries just wait now on 4H or look for lower timeframe for a proper setup. Scenario: watch the blue SD zone if price can break it zigzagging, if so you can enter on a proper retrace . Often when broken it will retest the SD. Other scenario: it will bounce on the SD wait for solid up/push first etc. etc. hope this helps best M.
ps do not forget to add the round numbers it bounced already on the 0.7600 see it?
Attachments


Who is online

Users browsing this forum: knglerxst and 62 guests