here are some more examples (some of the screenshots were taken before the move but you can see the date and check it yourself)

Simple Pullback System

quick update, two of my last trades - USDJPY, M15 +30 pips - GBPCAD, M15 +50 pips comments are welcome

Simple Pullback System

ok, thanks for your thoughts. in my opinion impatience and indiscipline are my enemies, not spreads or exotic pairs. please show me examples where the strategy failed (using my rules).

Simple Pullback System

short on EURJPY, M15, entry at 138.50 1st TP = +25 pips 2st TP = +50 pips

Simple Pullback System

this is from friday morning, USDJPY, M30 blue = entry yellow = TP

Simple Pullback System

@mc566: sorry for my late answer. it should be at least 10 pips, i don't want to trade a 5 pips break and pullback. i've tried to do that on the M5 timeframes, not for me. i want to see a strong (10+ pips) move in my direction. @nikki: my very first ...

Simple Pullback System

i don't quite understand the question, sorry. for my last post: the gray line marks the level of the last swing, price breaks that level (at least 10 pips) and bounces back to that level. that is the set up. entry is 3 pips above the initial break.

Simple Pullback System

no trades for me this week so far, missed this one though: GBPAUD, long for +40 pips (SL 20 pips) @Davit: for me it is far too risky to enter where you would, price often tests a former S/R level, bounces back some pips (to your entry level) and ...

Simple Pullback System

In my first example the entry is 3 pips below the first break through the gray line (entry = blue line) SL = gray line, TP = 2x SL = yellow line. and yes, it is based on counter trend trading. most of the sudden moves are compensated later.

Simple Pullback System

here are some more examples, all of them turned into profit!

Simple Pullback System

I would love to chat to traders that are following this or a similar strategy. The only downside is, it takes time to find perfect set ups. Sometimes i have only one trade a week, that's why it is so easy to become impatient.

Simple Pullback System

ok, sorry, just search for my pictures in the forum (March '14 to May '14) (grey line = SL, blue line = entry, yellow line = TP)

Simple Pullback System

short on EURJPY (only M10), not the best set up, only half of my normal position size --- update: hit BE

Price Action and Trading Discussion

very simple but effective. i watch the M15 (or higher) charts and wait for the price to bounce back from a previous swing high/ swing low (in addition to that, i am looking for longs when price is above SMA(600) and shorts when it is below) just ...

Price Action and Trading Discussion

SL hit first time ever with this strategy...

Price Action and Trading Discussion

short on AUDUSD (H1)

Price Action and Trading Discussion

missed that one this morning (GBPJPY, M15, long)

Price Action and Trading Discussion

closed my previous position for +30 pips but still looking for short on GJ (H1)

Price Action and Trading Discussion

short on GBPJPY (M15)

Price Action and Trading Discussion