Pair has been in a Bullish Trend Dark Green STE Pulse Bars indicate Bearish Pullbacks You can ENTER the trade at the close of the 1st Bright Green STE Pulse Bar following pullback You choose TP & SL
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This is an extremely reliable trading strategy One of my very favorites WHY? You are trading with an established trend You watch for pullbacks and then enter trade with continuation signals The STE Pulse dark colored bars show you the pullbacks The STE Pulse bright colored bars show you the continuation move When the STE Pulse dark colored bars weaken they return to or close to the zero line The Bars will do either one of two things. 1st - The bars cross over the zero line and become bright colored showing an stronger pullback or the beginning of a new reversal. 2nd - The bars will bounce off the zero line and become bright colored bars showing the continuation move. You can enter the trade at the close of the 1st continuation bar or when price breaks the previous high/low
Hi, with this strategy where do you set your SL, right in the last Pullback (1.044) or where the trend that you are following start (1.040)?. Thank your for sharing
Tradingstrategyguides
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@ar-trading, Look at 1.0480 candles. As candles continue green I would move the SL just below the previous candle next to current candle. But that's why i say find your own way to handle your SL.