Re: Trading Pullbacks System

1592
buy low sell high same old story, you can do this with a few MA's, (if you can not see/do not understand price action add a few zigzags) and for example stochastics to enter at oversold or overbought area's where MTF Ma's are showing direction. Some traders will build up positions into the oversold/overbought area's(stochasticks, AO histogram etc), some will enter at trendline breaks, and some(worst entry) will enter at indicator crosses....what is your style?
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Chickenspicy, sal

Re: Trading Pullbacks System

1593
I’m thinking about using some fast buy and sell indicator
Like a filtered rsi or Stoch and
Then a lower time ma cross to keep in trade and to keep breakevens
together with price action

Haven’t started yet maybe you could find something

meyney there are a lot of variations like entering on lower timeframes=impulse retrace entry when extremes/big round numbers SD zones etc. were met. In the end you will see the same patterns you do not need fancy filtered indicators
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Re: Trading Pullbacks System

1595
Meyney wrote: Tue Dec 06, 2022 6:19 am buy low sell high same old story, you can do this with a few MA's, (if you can not see/do not understand price action add a few zigzags) and for example stochastics to enter at oversold or overbought area's where MTF Ma's are showing direction. Some traders will build up positions into the oversold/overbought area's(stochasticks, AO histogram etc), some will enter at trendline breaks, and some(worst entry) will enter at indicator crosses....what is your style?
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seems new version!
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These users thanked the author sal for the post:
Chickenspicy
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Re: Trading Pullbacks System

1597
Hello

I have been really busy lately and have only had time to trade the 4 hour charts.

AUDJPY

Price broke the trendline after what looks like an extended retracement. I actually entered after the retest of the SD zone, I'm sure a better entry could of been taken on lower timeframes but i was happy with the end result none the less. I hope you are well my friend!
These users thanked the author Jon for the post (total 2):
Meyney, Chickenspicy


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