D1 Elasticity Pullback Trading

Quoting ghbdr

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{quote} From my experience on such high timeframes stochs always lead the way no matter the news. I check important news but the reality is that the only events that can affect in such high TF are bombings or wars. You only need to watch price and stochs and you will be fine

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Quoting ghbdr

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{image} {image} {image} For the weekly to move down we need the D1 to cycle again to the OB region and when both align probably we will see the start of a weekly down movement

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Quoting MrGreen95

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{quote} Regard image 1 i don't get one thing: when you say "OS stoch position" are you talkin about only the slow one, right? But now i see it up to 23.6 level, so we can't say it is in OS zone right now (?)

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Quoting ghbdr

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MTF elasticity. The same concept of D1 fast and slow stoch but on 2 TF. You can backtest and see how simple and powerful this concept is {image} {image} {image} {image}

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Quoting ghbdr

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{quote} What I mean is the stoch 14 3 3 is really down. Has recently exit the OS zone. The key is to compare the distance between slow stoch on MTF. If W1 and MN are on top and D1 is all the way down go for it. You will net hundreds of pips.A D1 up cycle before the big down trend movement is needed. After 3 stoch aligment price will drop

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Quoting MrGreen95

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{quote} So basically you are saying probably aud usd will go a little bit down, then it will retrace up and at the end it will drop down, right? Sorry but i'm struggling, never used oscillators - lol

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Quoting Jazz1964

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{quote} The problem with backtesting this by viewing charts is that the 8 period fractal indicator could have given an earlier setup (which we don't see in a historical chart). That setup can run in a loss and we will not spot that in the backtest. Later on a new fractal position will be taken in which shows how only that one runs. Is that correct?

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Quoting Jos3ph

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May I ask my entry is correct ? your strategy very interesting , thanks for the sharing {image}

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Quoting Jos3ph

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May I ask my entry is correct ? your strategy very interesting , thanks for the sharing {image}

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Quoting kingsfort

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Hello ghbdr, For the next week I think GBPUSD short has more room to go than EURUSD short next week. Please kindly share your idea if you have time. {image} {image}

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Quoting ghbdr

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MTF elasticity. The same concept of D1 fast and slow stoch but on 2 TF. You can backtest and see how simple and powerful this concept is {image} {image} {image} {image}

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Quoting ghbdr

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{quote} I dont think so. I wouldnt trade against bullish elasticity on W1. On the other hand EURUSD W1 has a confirmed elastic divergence and stoch position is way Up so good for short cause W1 bear cycle Will probably give the chance

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Quoting MrGreen95

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{quote} In your examples you compare w1 and d1, but In the actual case, talking about AUDUSD, MN slow stoch is down and W1 is up, so W1 will go down following monthly (?)

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