4H is clearly up as the template shows. So for a short you have to switch to a lower tf for a decent short setup.moey_dw wrote: Fri Apr 23, 2021 4:46 pm MEYNEY MAN
will u be trade this heads & shoulders pattern on AUDUSD??? or gonna go long instead??
Re: Trading Pullbacks System
592H4: It is - in a manner of speaking - but if you draw a trendline touching the last highs you find that there is a series of lower highs.Meyney wrote: Fri Apr 23, 2021 4:52 pm 4H is clearly up as the template shows. So for a short you have to switch to a lower tf for a decent short setup.
(One could even venture to say that the last lower low took out the lower low before it - just about.
That's one reason why I don't think this really is an SHS-formation - which doesn't mean it won't go down.
But it could also break out to the upside.
Time will tell.)
Re: Trading Pullbacks System
595Have been quite erratic in trading GBPCAD.... The moves are largely out of proportion but still keeping the head clear gives opportunity to gather some pips...
Re: Trading Pullbacks System
596yes........... agree GBPCAD is strange atm thx for post ur chartMustafa wrote: Fri Apr 23, 2021 9:32 pm Have been quite erratic in trading GBPCAD.... The moves are largely out of proportion but still keeping the head clear gives opportunity to gather some pips...
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Re: Trading Pullbacks System
598EURJPY. Must learn to trailing. Not good
Thank you, sir ! I still learning.
Thank you, sir ! I still learning.
Re: Trading Pullbacks System
599Not sure what you mean, nice setup right? I will show you my chart for ey 15Mnotice wrote: Sat Apr 24, 2021 12:55 am EURJPY. Must learn to trailing. Not good
Thank you, sir ! I still learning.
Re: Trading Pullbacks System
600in this sittuation meyney where woul u place your SL just below the trendline or at the previous LL?Meyney wrote: Sat Apr 24, 2021 2:19 am Not sure what you mean, nice setup right? I will show you my chart for ey 15M
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