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Attachments: D1 Elasticity Pullback Trading
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D1 Elasticity Pullback Trading

I Will only discuss break and retrace setups with new HH LL. I Will like to introduce a rule that Will keep you away from bad trades. Break and retrace setup only then check elasticity. For a buy if slow stoch is under 50 level Skip the trade even if you see elasticity. For a sell the opposite. If the slow stoch is over 50 no trade. That Will keep you safe on trend side
Trade what you see
Quoting ghbdr
I Will only discuss break and retrace setups with new HH LL. I Will like to introduce a rule that Will keep you away from bad trades. Break and retrace setup only then check elasticity. For a buy if slow stoch is under 50 level Skip the trade even if you see elasticity. For a sell the opposite. If the slow stoch is over 50 no trade. That Will keep you safe on trend side
Yes sir
hello guys,what do you think about this pair if close approx below 10 or 20 pip than this level today end time.is 1,2,3 candle correct?is elasticity is correct?
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avoid trade if 14 3 3 is not trending to your side (50 level exception) before the V shape or exceptions rules completed

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Trade what you see
Hello, traders!

I'm struggling to understand

Please, give me advice if thinking right...
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Quoting wijesndara1
hello guys,what do you think about this pair if close approx below 10 or 20 pip than this level today end time.is 1,2,3 candle correct?is elasticity is correct? {image}
Your candle counting is not correct.. you should wait for next candle to enter trade..
Quoting ghbdr
avoid trade if 14 3 3 is not trending to your side (50 level exception) before the V shape or exceptions rules completed {image}
hey ghbdr im a little lost i must say. from my backtest of your new rule the 14 3 3 wont turn until there is a trigger candle formed. please help me understand.
Quoting Toppi
Hello, traders! I'm struggling to understand Please, give me advice if thinking right... {image}
hey toppi. the part on your chart that says "elasticity trending up" isnt correct. the elasticity has to to happen before the turn-around.
check post 564 where it says valid. therefore the section on your chart that says "how about this" isnt showing any elasticity but keep posting suggestions we will get there.
Quoting ewebb205
{quote} hey toppi. the part on your chart that says "elasticity trending up" isnt correct. the elasticity has to to happen before the turn-around. check post 564 where it says valid. therefore the section on your chart that says "how about this" isnt showing any elasticity but keep posting suggestions we will get there.
How about this possibility setup?
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Quoting Toppi
{quote} How about this possibility setup? {image}
I'm watching that one also. Let's see how the v-shape And elasticity turns out but yes
Quoting Toppi
{quote} How about this possibility setup? {image}
Me too. Would like to see price bouncing at the cross in my picture.
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Quoting ewebb205
{quote} hey ghbdr im a little lost i must say. from my backtest of your new rule the 14 3 3 wont turn until there is a trigger candle formed. please help me understand.
Its simple. After de trigger is made and you get the Signal to enter + elasticity check 14 3 3 is above 50 for a buy or below 50 for a Sell
Trade what you see
Quoting ghbdr
{quote} Its simple. After de trigger is made and you get the Signal to enter + elasticity check 14 3 3 is above 50 for a buy or below 50 for a Sell
Thank you
Quoting Drakeras
{quote} well for now seem good system ^^ nzdjpy update {image}
NZDJPY UPDATE
I WILL CLOSE IT AT +100PIP
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Quoting Drakeras
{quote} EURGBP update sell stop at end of 2/25/2020 {image}
EURGBP UPDATE
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Quoting Drakeras
{quote} NZDJPY UPDATE I WILL CLOSE IT AT +100PIP {image}
if you plan on trading this from the monthly perspective than i wouldnt just close out since the trade isnt finish trending yet. but on the contrary you can expect a pullback to occur on the other hand so pick your poison.
Quoting chilli
{quote} Me too. Would like to see price bouncing at the cross in my picture. {image}
Yes, its look nice for next week
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Quoting ewebb205
{quote} if you plan on trading this from the monthly perspective than i wouldnt just close out since the trade isnt finish trending yet. but on the contrary you can expect a pullback to occur on the other hand so pick your poison.
i wish i stay one more day xd
300+
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Quoting Drakeras
{quote} i wish i stay one more day xd 300+ {image}
Yes sir! 247 pips over here
Quoting ewebb205
{quote} Yes sir! 247 pips over here
I wimped out and got out myself. I used to trade with the rubber band effect.
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