Technical Templates

Post your new strategies, discoveries or just ideas for development

Re: Momo vs Pullback

Postby kyle morgan » Thu Sep 24, 2015 1:35 pm

Ilary wrote:main method taught on thread is pullback entry if 4H +1H trending...is momo setup complimentary to main trend/momo method?

They're whatever you want them to be Ilary.
If you can find a positive & opportunistic way to blend the information & material from both set up approaches then go for it.

Price is price. It moves in continuous impulse & corrective waves right across the timeframe spectrum & it's up to the individual to identify, filter & process that information in a way that best represents how you wish to operate.
Ilary wrote:Is only requirement to have price on both side of week & day open?
Not clear to me why pullback method better than momo breakout method

No it's not a requirement at all. The material presented back then was simply one person's view based on their experience.
It's just as valid today as it was then, which further confirms the validity & consistency of the material.

It's up to each of us to test, check & ensure a particular style or set of parameters suits the objectives we set out to achieve.
The pullback set up isn't any better or worse than the original momentum presentation, it's simply an alternative option.
Ilary wrote:Also, do I understand correctly: Joe on page 5 show "similar" trend/momo system, using D1 as primary for trend and 4H for momo points (usually prior day highs/lows). But he show break of momo high in line with trend as trigger, not pullback.
I guess that main 4h/1h main method taugh is similar, only use 4H trend and 1H momo high/low when pulling back?

Again, use whatever suits you best.
You will have very personal & individual preferences & a style that you feel comfortable pursuing.
That style will be very different to mine or anyone else's here.

The material is presented so that each person can interpret & utilize it as they see fit & which makes sense to the way in which they intend to trade the markets.
The information presented on this thread is a collection of common sense technical offerings that has stood the test of time & continues to offer high probability opportunities across changeable & varied market conditions.
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Re: Technical Templates

Postby Ilary » Fri Sep 25, 2015 2:39 am

Much obliged Jack :-)
Have a great Weekend!
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Re: Technical Templates

Postby grantyboy » Thu Oct 08, 2015 5:03 am

Have been too busy of late to do much trading and the markets seem pretty erratic anyway with almost daily changes in sentiment, direction and pairs stuck in a range. Hope everyone else is finding some value and profit.
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Re: Technical Templates

Postby grantyboy » Thu Oct 08, 2015 5:10 am

grantyboy wrote:Have been too busy of late to do much trading and the markets seem pretty erratic anyway with almost daily changes in sentiment, direction and pairs stuck in a range. Hope everyone else is finding some value and profit.


One pair that is shaping up into a prior sell zone of interest is GBPAUD but I'm on the sidelines with the pending news on the way.

GBPAUDH4.PNG
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Re: Technical Templates

Postby xerb » Fri Oct 09, 2015 11:19 am

grantyboy wrote:markets seem pretty erratic with almost daily changes in sentiment, direction and pairs stuck in a range.
Hope everyone else is finding some value and profit.

There's still bits & bobs about grantyboy.
In fact NZD, AUD & CAD have been on the menu for the past few weeks, as discussed by some of the broker reps/technical template guys here: http://forums.babypips.com/melting-pot/ ... el-34.html
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