All depends on where you mean by drop or pullback. What kind of time frame are you talking about. The next couple weeks or the next day?
JOHN 3:16
Tim's £500 marathon. Goal £1 million 823 replies
Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
DislikedRoninpilot,
I am glad you learned alot from this thread.
I am not using the system I started this thread with. I have gone to price action and trendlines. It makes things so much simpler and precise. I have dropped the 1hr charts and trade off the dailies. There are so many pips to be made on dailies. I know a person that is good at the shorter term charts could get more pips than trading the daily charts. This is so much easier this way. I'm not sure why I stopped posting charts. Not only does it help others but it helps me when I have a screen...Ignored