Re: Trading Pullbacks System

#411
it is all about pullbacks here, so we draw a trendline AFTER a decent push followed by a retrace into the bands. Example same AUDUSD but 1M bounce long on the 0.76 level
AUDUSDM131-3-21.png


Re: Trading Pullbacks System

#412
Meyney wrote:
Wed Mar 31, 2021 10:55 pm
it is all about pullbacks here, so we draw a trendline AFTER a decent push followed by a retrace into the bands. Example same AUDUSD but 1M bounce long on the 0.76 level
thx man nice diagram to see on audusd............... gbpjpy busting out so i still look for some longs around 152.000 what u thinks mayney??? i thinks will come down bit also maybe double top is in making on H1 :Shocked: :Shocked: :Shocked:
gbpjpy-live-trade.png
gbpjpy-live-trade2.jpg
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Re: Trading Pullbacks System

#413
moey_dw wrote:
Thu Apr 01, 2021 10:42 pm
thx man nice diagram to see on audusd............... gbpjpy busting out so i still look for some longs around 152.000 what u thinks mayney??? i thinks will come down bit also maybe double top is in making on H1 :Shocked: :Shocked: :Shocked:
I do not have a crystal ball :D so we have to wait if price will retrace on 1H. if it does wait for chop into the MA's, draw your trendline, wait for the break etc. Careful we are entering the high from April 2018 and large SD zone on Daily
GBPJPYH11-4-21.png


Re: Trading Pullbacks System

#416
josi wrote:
Fri Apr 02, 2021 1:34 am
price was rejected at the daily open before it advanced
In forex I find the round numbers more important, Indexes seem to react more on daily open.
GBPJPYM51-4-21b.png


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