D1 Elasticity Pullback Trading | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, Gold/USD

Similar Threads

fxrabbiM15Bomb: PA Around Breakout & Pullback Trading 35 replies

free MT4 EA - Stochastics Pullback Trend Trading Strategy 0 replies

TPT - Trend pullback trading 49 replies

MTF Trend-Pullback Trading 90 replies

Moving Average Elasticity 35 replies

Attachments: D1 Elasticity Pullback Trading
Exit Attachments

D1 Elasticity Pullback Trading

  • #281
  • Jan 20, 2020 7:43am Jan 20, 2020 7:43am
Quoting ghbdr
My first trades of the week {image} {image}
How it's proceeding?

And if it is going bad, why,? where is the mistake?
  • #282
  • Jan 20, 2020 8:35am Jan 20, 2020 8:35am
Quoting MrGreen95
{quote} How it's proceeding? And if it is going bad, why,? where is the mistake?
Bad? I was stopped out on GBPJPY as I said on previous post and the reasons why. EURUSD I closed on profit mentioned on previous post. NZDUSD the buy stop didnt get triggered and then I readjust the trigger on the top of the LL Failure bullsih hammer. Now im long waiting to develop
Trade what you see
  • #283
  • Jan 20, 2020 10:18am Jan 20, 2020 10:18am
Quoting emonts
{quote} HI, So we look only to the purple arrows in this case? BR
Not sure whether you're asking me or ghbdr.

This's just my understanding. For ghbdr's comments, please check post 274

(Btw, the purple arrows are just to indicate how I spotted hidden divergence and elastic divergence on H4)
  • #284
  • Jan 20, 2020 10:58am Jan 20, 2020 10:58am
Quoting Xxyy
{quote} Not sure whether you're asking me or ghbdr. This's just my understanding. For ghbdr's comments, please check post 274 (Btw, the purple arrows are just to indicate how I spotted hidden divergence and elastic divergence on H4)
Hi,

remark was ment for you.
You mention a lower high.

On the left i see a higher high in black arrow.
This gave me confusion.


BR
It is not important how often you fall down, but how often you get up again
  • #285
  • Edited 1:40pm Jan 20, 2020 1:08pm | Edited 1:40pm
Quoting emonts
{quote} Hi, remark was ment for you. You mention a lower high. On the left i see a higher high in black arrow. This gave me confusion. BR
This is not a elasticity trade as per rules. Is a hidden div setup with 2 TF on opposite OB/OS zones as discussed in previous posts. Here we trade the W1 elasticity from the Overbought D1 zone. This is based on the D1 stoch following the W1. On that kind of trades you will sometimes see a HH instead of a LH


Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 50 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 61 KB
Trade what you see
  • #286
  • Jan 20, 2020 1:23pm Jan 20, 2020 1:23pm
Quoting ghbdr
{quote} Yes you are late. The entry is after bear hammer (HH failure)
Ohh I get it now, HH failure exception!
  • #287
  • Jan 20, 2020 1:39pm Jan 20, 2020 1:39pm
Quoting hocius
{quote} Ohh I get it now, HH failure exception!
Exactly
Trade what you see
  • #288
  • Jan 20, 2020 1:55pm Jan 20, 2020 1:55pm
Quoting ghbdr
{quote} This is not a elasticity trade as per rules. Is a hidden div setup with 2 TF on opposite OB/OS zones as discussed in previous posts. Here we trade the W1 elasticity from the Overbought D1 zone. This is based on the D1 stoch following the W1. On that kind of trades you will sometimes see a HH instead of a LH {image} {image}

For better study and repeat the sysem and it's rules, i think it's better to write a PDF with all types of entries
  • #289
  • Jan 20, 2020 2:32pm Jan 20, 2020 2:32pm
Quoting MrGreen95
{quote} For better study and repeat the sysem and it's rules, i think it's better to write a PDF with all types of entries
When I have free time I will make It
Trade what you see
  • #290
  • Jan 20, 2020 2:39pm Jan 20, 2020 2:39pm
Quoting ghbdr
{quote} When I have free time I will make It

Like this we will avoid always the same questions..

Thx ghbdr
  • #291
  • Jan 20, 2020 4:14pm Jan 20, 2020 4:14pm
I just close my EU short. W1 elastic div and D1 elasticity short entry

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 35 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 45 KB
Trade what you see
  • #292
  • Jan 20, 2020 6:49pm Jan 20, 2020 6:49pm
Quoting ghbdr
{quote} When I have free time I will make It
Very grateful you've shared your brilliant techniques ghbdr but a Pdf would help some of us appreciate it all the more...if and when you get time.
  • #293
  • Jan 21, 2020 3:20am Jan 21, 2020 3:20am
At the end of the week I will post the Pdf for all of you. Im simplifying the rules and the type of trades because I prefer to keep the strategy simple. Only 2 TF analysis and few trade types
Trade what you see
  • #294
  • Jan 21, 2020 4:01am Jan 21, 2020 4:01am
Quoting ghbdr
At the end of the week I will post the Pdf for all of you. Im simplifying the rules and the type of trades because I prefer to keep the strategy simple. Only 2 TF analysis and few trade types
  • #295
  • Edited 6:20am Jan 21, 2020 5:24am | Edited 6:20am
The most important rules:

1. HH (recent high) breakout for longs LL (recent low) breakout for shorts
2. D1 elasticty at logical support or resistance
3. H4 divergence or HL for long and LH for shorts
4. 3 candle V shape formation completed unless HH LL failure exceptions and inside bar exception
5. If all rules completed place stop buy/sell order 10 pips away at the close of the D1 signal candle

Recent example on XTIUSD with divergence H4 and HH Failure exception

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 49 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 43 KB
Trade what you see
  • #296
  • Jan 21, 2020 5:34am Jan 21, 2020 5:34am
For the H4 confirmation I prefer to see a divergence instead of lower highs or higher lows. Thats a validation of the level where the pullback is developing and a nice indication that will hold and resume to our direction when the D1 signal candle closes and the 10 pip stop order is hitted
Trade what you see
  • #297
  • Jan 21, 2020 10:39am Jan 21, 2020 10:39am
If EURUSD close at the current level... I will look for short setup tomorrow.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 99 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 88 KB


USDJPY - waiting for elasticity between stoch and resume uptrend.

Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 69 KB



Cheers,
  • #298
  • Jan 21, 2020 11:44am Jan 21, 2020 11:44am
Quoting ghbdr
At the end of the week I will post the Pdf for all of you. Im simplifying the rules and the type of trades because I prefer to keep the strategy simple. Only 2 TF analysis and few trade types
Great job my dear.. ghbdr
  • #299
  • Jan 21, 2020 4:25pm Jan 21, 2020 4:25pm
Quoting kingsfort
If EURUSD close at the current level... I will look for short setup tomorrow. {image} {image} USDJPY - waiting for elasticity between stoch and resume uptrend. {image} Cheers,
For the Euro short you propose I dont see it. No elasticity and no divergence on H4. Stoch in OS extreme position. No rules completed so no trade
Trade what you see
  • #300
  • Jan 21, 2020 4:35pm Jan 21, 2020 4:35pm
CADCHF short, what you think?
We have small elasticity, H4 LH, V shape
4 traders viewing now, 1 is registered:
RichardB422