Demo trading, nonetheless MM would be same

D1 Elasticity Pullback Trading

Daily and weekly stochs going down, elastic div and failure to make HH looking for sell

D1 Elasticity Pullback Trading

Red Herring — introducing an irrelevant topic to distract from the original argument. Ad hominem — attacking the person instead of the argument. Who cares what I trade or about me? Of course I trade demo, I just started and be open about that. ...

D1 Elasticity Pullback Trading

Bragging demo again mister?

"AUSSI" my thread and anything I want to put here

Learnt from yesterday's humiliating loss and applied knowledge today. Just following HTF price action and keeping it simple

D1 Elasticity Pullback Trading

Just now I've had a loss that I could have avoided so easily. I thought: 1h+4h vs D1 elasticity (post-loss clarity, I clearly see there was not) 4h sync closed with doji (however it changed structure) so I was sold on the bearish bias. I got lost on ...

D1 Elasticity Pullback Trading

Glad to see your progress I like and learn from your charts so hope mr G won't mind

D1 Elasticity Pullback Trading

Managed to get involved on the second round. Not much logic here, price consolidating and selling 1h wicks

D1 Elasticity Pullback Trading

Waited 1h for stop hunt on 50% fib to way down and missed cause a pair of minutes

D1 Elasticity Pullback Trading

Morning. have a buy on the gopher. 1h elasticity and m15 divergence Edit: added the closed positions image.

D1 Elasticity Pullback Trading

I don't know about mt5 versions since I use tradingview. Lines used in this system can be any as long as they allow to detect the elasticity phenomenon. If I remember correctly dotted ones usually are %d lines and I think most use %k ones, the fast. ...

D1 Elasticity Pullback Trading

Are you getting comfortable on M1 entries? I read that initially you waited for shift confirmation but received advice to enter on flip zones instead. Currently I'm waiting for V-shape confirmation on either timeframe. But I see I could tighten sl ...

D1 Elasticity Pullback Trading

Missed the train spider. My broker was playing huge spreads on me; hit my conservative TP initially but out of fear of slippage I closed the entry on small loss. Lesson learnt, I'll never do it again. Also, change broker

D1 Elasticity Pullback Trading

After the 30m stoch cycle (or whatever it is that I understand a cycle is) failed to make a HH after the LL, I bet that price would get out of the consolidation downards following D1 stoch slope, selling the wick flip zone boxed. First entry ...

D1 Elasticity Pullback Trading

Closed out on be in m15 div paired with daily resistance and fib

D1 Elasticity Pullback Trading

My first elasticity trade I take. Hope it was good and not luck. My reasoning: m5 elasticity chasing down 4h and 1h slopes, engulfing on m15 in flip zone.

D1 Elasticity Pullback Trading

Thank you Spider1. Rest assured I've read Boxing, Spud and today finished this thread taking notes I'm digesting, organizing everything and getting ready for a big backtest to consolidate the concepts. Mostly I want to simplify what ...

D1 Elasticity Pullback Trading

Thanks for answering. Sorry for the low quality post; I forgot to add my question. My question was, how comfortable were you scalping buys on this pattern? I'm comfortable with PA but new to elasticity.

D1 Elasticity Pullback Trading

image

D1 Elasticity Pullback Trading

I agree with you. I found myself digging too much into more info and analysis when I realized keeping it simple and executing an edge consistently, and account growing steady is what it's about

D1 Elasticity Pullback Trading