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 ??
Re: Trading Pullbacks System
612Right 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 earliersal 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 ??
- These users thanked the author Meyney for the post (total 3):
- Mustafa, sal, mario_lima
Re: Trading Pullbacks System
613also watch this 1M chart zoomed out.Meyney wrote: Sun Apr 25, 2021 12:10 am 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
Re: Trading Pullbacks System
614Just finished reading this threads.
The system and template looks very clean and easy to read.
On Monday, I will start watching and try it on EU and GJ.
Thank you Meyney and all for this wonderful setup.
The system and template looks very clean and easy to read.
On Monday, I will start watching and try it on EU and GJ.
Thank you Meyney and all for this wonderful setup.
Re: Trading Pullbacks System
615i 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 !!
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 !!
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Trading Pullbacks System
616It's pretty unclear to me - compared to meyney's TLs - which advantage your procedure offers.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 !!
I don't see any earlier entry.
Maybe you can explain what advantage your modification can offer.
Re: Trading Pullbacks System
619AU 4H at previous SD/round nr. You can take some off here and trail etc.
Re: Trading Pullbacks System
620Nice W-formation - but entry was a long time ago - 23-04-21Meyney wrote: Mon Apr 26, 2021 11:15 pm AU 4H at previous SD/round nr. You can take some off here and trail etc.
So you don't only hunt on M1...