Re: Trading Pullbacks System

#1541
Jonln wrote:
Fri Oct 07, 2022 6:52 am
Image
Image
well done, however on 1H this is not a valid setup we want to see a retrace first on 1H=market structure clearly moving down,MA's switching direction not already on 1H, but it is on lower tf. also show us why this SD zone is there (which timeframe)?
5m chart with a TL (black) pinpoint entry :
EURUSDM5.png


Re: Trading Pullbacks System

#1542
Meyney wrote:
Fri Oct 07, 2022 7:49 am
well done, however on 1H this is not a valid setup we want to see a retrace first on 1H=market structure clearly moving down,MA's switching direction not already on 1H, but it is on lower tf. also show us why this SD zone is there (which timeframe)?
5m chart with a TL (black) pinpoint entry :
Image
No i get you, we want to see a break in structure as in a lower low, that black box would be the daily SD zone.

Re: Trading Pullbacks System

#1543
Jonln wrote:
Fri Oct 07, 2022 7:59 am
No i get you, we want to see a break in structure as in a lower low, that black box would be the daily SD zone.
yes if the black box is the Daily sd zone (nicely spotted!) we want to see price clearly moving away, on 1H this was not alraedy the case but on lower timeframes it already made this nice zigzags; lower highs lower lows


Re: Trading Pullbacks System

#1546
sal wrote:
Fri Oct 07, 2022 3:54 pm
S/R after with pivot level breaks will helps!!

Image
sure, after 20+ years in this buisiness I still find these MA's are not bad, especially combined with extreme levels (SD) trendline for entry and impulse and retrace. You do not need more. The problem with most members here is: they look at indicators instead of price.
Screenshot_4.jpg

Re: Trading Pullbacks System

#1547
I thought i would try a darker theme, It's all the same :Rofl:

Were clearly moving down, for people who trade the 1hr/4hr. How would you approach this? In the lower timeframes i can see nice impulses and retraces. Would be nice to hear your thoughts on the matter.
2022-10-07 19_07_49-GBPUSD,Dailycc.png

Re: Trading Pullbacks System

#1548
Jon wrote:
Sat Oct 08, 2022 5:33 am
I thought i would try a darker theme, It's all the same :Rofl:

Were clearly moving down, for people who trade the 1hr/4hr. How would you approach this? In the lower timeframes i can see nice impulses and retraces. Would be nice to hear your thoughts on the matter.

Image
Good idea let's wait for replies. My humble opinion: because we were are at alltime lows on gu it is dangerous, however; look at daily price action=candles this will tell something, switch to lower tf for entry. see this large wick down-at your green line- and bullish candlestick action afterwards. HTF is short but on ltf you can trade longs into the pullback
gu.JPG

Re: Trading Pullbacks System

#1549
sure, after 20+ years in this buisiness I still find these MA's are not bad, especially combined with extreme levels (SD) trendline for entry and impulse and retrace. You do not need more. The problem with most members here is: they look at indicators instead of price.

thanks mayney.. :thumbup:
i find some interesting method in combination with emas and pivot levels , for get good breakout after pullback that normally we manually draw.. Instead of that i am doing math using angle degree calcuation from pivot height average.. Height shall be each pivot height varies
one issue i find that we cannot change the zoom inout due to scale changes..
see both i did red (degree) and yellow line (manually) settings. :razz:
i think this is a good option if someone can place an coding in this method.. !!!
another idea pivoit SR block method!!
see last snap
Screenshot_2.jpg
Screenshot_3.jpg
Screenshot_4.jpg
"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: Trading Pullbacks System

#1550
sal wrote:
Sat Oct 08, 2022 4:10 pm
sure, after 20+ years in this buisiness I still find these MA's are not bad, especially combined with extreme levels (SD) trendline for entry and impulse and retrace. You do not need more. The problem with most members here is: they look at indicators instead of price.

thanks mayney.. :thumbup:
i find some interesting method in combination with emas and pivot levels , for get good breakout after pullback that normally we manually draw.. Instead of that i am doing math using angle degree calcuation from pivot height average.. Height shall be each pivot height varies
one issue i find that we cannot change the zoom inout due to scale changes..
see both i did red (degree) and yellow line (manually) settings. :razz:
i think this is a good option if someone can place an coding in this method.. !!!
another idea pivoit SR block method!!
see last snap

yes Sal I know succesful pivot traders, but I have already enough info on my charts. But if you find it useful for your decisions use it (better not copy a system blindy=develop your own idea mostly this will work better).

cheers M


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