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D1 Elasticity Pullback Trading

  • #961
  • Mar 8, 2024 10:05am Mar 8, 2024 10:05am
Quoting Kraneos
{quote} Yes, I also have them on the other screen with your template, but M1 is so fast that I barely have time to look at it .
I recomend you focus on bigger tfs cause those runners make profits to support a hole week. So you can trade with less stress cause you already made a nice profit and is difficult to fuck it up so much if you know what you are doing
Trade what you see
  • #962
  • Mar 8, 2024 10:10am Mar 8, 2024 10:10am
Quoting ghbdr
{quote} I recomend you focus on bigger tfs cause those runners make profits to support a hole week. So you can trade with less stress cause you already made a nice profit and is difficult to fuck it up so much if you know what you are doing
Thanks, I'll try it next week and see if I get used to it.
Saludos, K.
  • #963
  • Mar 8, 2024 10:15am Mar 8, 2024 10:15am
Quoting ghbdr
{quote} I recomend you focus on bigger tfs cause those runners make profits to support a hole week. So you can trade with less stress cause you already made a nice profit and is difficult to fuck it up so much if you know what you are doing
Proof that this is great advice, even just one week focusing on higher timeframes when you fave me this same advice and start noticing things that was blind before
rip and tear until it's done
  • #964
  • Mar 8, 2024 4:38pm Mar 8, 2024 4:38pm
Quoting ghbdr
A new swing high is forming. Elast div H1-M30 at wr3 {image}
Hi Mr G! You mentioned here Elasticity. I do see the divergence between the H1 and M30 tf. but i cant see where the elasticity happened here. Do you mind talking a lil bit more about it? Sorry if im asking a stupid question
En el mar la vida es mas sabrosa
  • #965
  • Mar 9, 2024 2:52am Mar 9, 2024 2:52am
those kind of trades comes from experience following stochs. H4 slope down at the moment of decision + price action. I recomend you to trade cristal clear elasticities. Each week we have lots of setups of easy money to build up an account
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Trade what you see
  • #966
  • Mar 9, 2024 10:56am Mar 9, 2024 10:56am
Quoting ghbdr
those kind of trades comes from experience following stochs. H4 slope down at the moment of decision + price action. I recomend you to trade cristal clear elasticities. Each week we have lots of setups of easy money to build up an account {image} {image}
got it! Thank you Mr G!

I have another question Mr G. I've been closely paying attention to the stochastics and following along their behavior. One thing i notice is that the stochastics would give you an elasticity set up but the move doesnt happen up until the second time the m15 dips down on the stochs. See the stochastic stayed there for longer and actually made a big reaction a few candles after it entered the oversold area. See the picture i posted shows where i wouldve taken the entry but it took one more candle before it did the reaction. it stayed in OS area for a minute and then it did the expected move (which i missed bc i was changing my babys diaper ) Also if you look left there were a whole lot of wicks there. Ive seen this happen a couple of times before and i also seen it happen as soon as it touches the OS area prices reacts right away. I guess my question comes down to this: How would you have weigh in your options to take a trade in this situation?
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En el mar la vida es mas sabrosa
  • #967
  • Mar 9, 2024 2:55pm Mar 9, 2024 2:55pm
Quoting Leo.Atre
{quote} got it! Thank you Mr G! I have another question Mr G. I've been closely paying attention to the stochastics and following along their behavior. One thing i notice is that the stochastics would give you an elasticity set up but the move doesnt happen up until the second time the m15 dips down on the stochs. See the stochastic stayed there for longer and actually made a big reaction a few candles after it entered the oversold area. See the picture i posted shows where i wouldve taken the entry but it took one more candle before it did the...
In my case I cannot load the gun only watchin M15. But if there is nice levels on higher tf with a huge elasticity I shoot like there is no tomorrow cause BE+1 is goin to happen for sure
Trade what you see
  • #968
  • Mar 9, 2024 3:22pm Mar 9, 2024 3:22pm
Quoting ghbdr
{quote} In my case I cannot load the gun only watchin M15. But if there is nice levels on higher tf with a huge elasticity I shoot like there is no tomorrow cause BE+1 is goin to happen for sure
Seems like entries are less important with this system, as long as the slower stochs are in the right place, and the 15m is dipping into the opposite zone.
  • #969
  • Mar 9, 2024 10:13pm Mar 9, 2024 10:13pm
Quoting ghbdr
{quote} In my case I cannot load the gun only watchin M15. But if there is nice levels on higher tf with a huge elasticity I shoot like there is no tomorrow cause BE+1 is goin to happen for sure
understood! Thank you Mr G!
En el mar la vida es mas sabrosa
  • #970
  • Mar 9, 2024 10:43pm Mar 9, 2024 10:43pm
Quoting mrPB
{quote} Seems like entries are less important with this system, as long as the slower stochs are in the right place, and the 15m is dipping into the opposite zone.
anyways the make sniper entries
rip and tear until it's done
  • #971
  • Mar 10, 2024 4:43am Mar 10, 2024 4:43am
Quoting ghbdr
{quote} In my case I cannot load the gun only watchin M15. But if there is nice levels on higher tf with a huge elasticity I shoot like there is no tomorrow cause BE+1 is goin to happen for sure
what are the example of these nice levels? like previous daily open, support and resistance?
  • #972
  • Mar 10, 2024 11:57am Mar 10, 2024 11:57am
I arrived late for taking the nice elasticity but caught rejection at H1 resistance
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Trade what you see
  • #973
  • Mar 10, 2024 1:24pm Mar 10, 2024 1:24pm
Quoting ghbdr
I've been trading Forex for 5 years. 2 years of blowing accounts like every newbie and the last 3 using my own system based on fractals, stoch elasticity hunting pullbacks on trend on D1 charts. Now I make a living out of it with a nice income and 50% growth monthly on average. Pictures talk by itselfs. For elasticity check this threads. Huge thanks to Spudfyre and boxingslife for their contribution and inspiration. Stoch elasticity is the core of my trading approach. Template and indicators needed: {file} {file} {file} Elasticity: https://www.forexfactory.com/showthread.php?t=13321...
I’m a day trader and I want to know if this strategy works on 15 mins or 30 mins tf ?
  • #974
  • Mar 10, 2024 3:02pm Mar 10, 2024 3:02pm
Quoting Mirrormkt
{quote} I’m a day trader and I want to know if this strategy works on 15 mins or 30 mins tf ?
I only traded original strategy on daily charts. For day trading I use mtf stochs as per charts
Trade what you see
  • #975
  • Mar 10, 2024 10:19pm Mar 10, 2024 10:19pm
I grabbed my bangers Mr G! I guess waiting for the right place(level) is also important. Levels, PA and Eslasticiy.
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En el mar la vida es mas sabrosa
  • #976
  • Mar 11, 2024 2:35am Mar 11, 2024 2:35am
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Trade what you see
  • #977
  • Mar 11, 2024 3:14am Mar 11, 2024 3:14am
another round
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  • #978
  • Mar 11, 2024 4:09am Mar 11, 2024 4:09am
Morning. We take different sides again.
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Fear is the mind-killer.
  • #979
  • Mar 11, 2024 4:22am Mar 11, 2024 4:22am
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Trade what you see
  • #980
  • Mar 11, 2024 4:45am Mar 11, 2024 4:45am
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