Re: Trading Pullbacks System

612
sal wrote: Sat Apr 24, 2021 2:36 pm Meyney
whats your opinion for the entry as below..
should i respect to breaks round number or the pullback breaks!!!
see snap
setup i draw for the pull back i believe is made is as per your method or not ??
Right yes. Nice example; price bouncing for the second time on round nr. Watch the big green candle also. Like it when more signs align. My trendline is slightly different therefore entry earlier
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Re: Trading Pullbacks System

615
i did an test with AO divergence breaksout method.. followed the trend direction of MA rainbow.
TF - H1 and above
SL - previous LL bar
EXIT - bar close above 20 ema
pips range : 100 to 300
needs to test in real H1 is the best and more pips !!
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: Trading Pullbacks System

616
sal wrote: Sun Apr 25, 2021 10:51 pm i did an test with AO divergence breaksout method.. followed the trend direction of MA rainbow.
TF - H1 and above
SL - previous LL bar
EXIT - bar close above 20 ema
pips range : 100 to 300
needs to test in real H1 is the best and more pips !!
It's pretty unclear to me - compared to meyney's TLs - which advantage your procedure offers.
I don't see any earlier entry.
Maybe you can explain what advantage your modification can offer.


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