Sentences with phrase «trend on pullbacks»

Not exact matches

Let me explain, let's say you want to sell a market at resistance because the overall trend is down and you want to join that downtrend on temporary strength (a pullback to resistance).

I used to love seeing my 2 flashy moving averages 25 and 50 emas on my chart and trade pullbacks on those trends but now i only use 2 indicators on my chart which is candlesticks and fractals just for trailing profits.

As a «regressive» price action trader, we are looking to buy or sell from value within the trend... waiting for the inevitable pullback and then pouncing on an obvious price action signal if one forms.

In this review, we will focus on trading low volume pullbacks in trends.

If you insist on waiting for two - legged pullbacks, then you must be ready to miss some trades in strong trends.