Here we take a look at trading pullbacks using the Keltner Channels. I cover the initial setup, the types of entries, and trades to avoid.
This setup contains 3 parts:
The channel touch
The Pullback
The Entry
The Channel Touch
Here is an example of the beginning signal in our setup, a band touch. The top and bottom bands represent the ATR (Average...
Intro
I tried to talk through stop-loss placement in 3 minutes here. I do not think justice was done. So let's take a look at exactly what I mean when I say "Let Your Trade Cook". Proper stop-loss placement is critical to a successful trading plan.
Don't Place Your Stop Like Everyone Else
You are guilty of this, if you have been stopped out many times just...
Last week, I spoke about the types of pullbacks (check related links)---Today, I will be talking about its variations.
Pullbacks have four variations: rbr, dbd, rbd, dbr.
You'll have to watch the video. . .learn its uses. . .and tell me what that has done to your view on the market.
Have a great week---everyone!
In this video, I talked about the types of pullbacks and how to identify them. These pullbacks are the reasons why some traders get caught in the accumulation mix from the big banks. so learn to identify them to be amongst the 1%
Remember Trading is risky but learning reduces its risk.
cheers,
luchi!
In this video, I talked about the misconception that Traders have on Pullbacks and Reversals. How to spot and identify them and What they signify.
If you loved this, be sure to follow up for more on Trading related content.
Cheers!
Luchi.
Quick tutorial video explaining how I measure the pullbacks during the day to understand normal behaviour of a trend when daytrading. This example was NQ Nasdaq on the 3 minute timeframe
Using Stochastic and Fibonacci Retracement to understand these pullbacks.
The Support and Resistance zones I mention are drawn on the 60minute timeframe. You can learn how I...
This a brief tutorial explaining pullbacks/retests/drawdowns in the market. I hope this helps put your mind at ease.
Example shown is of DAX30/GER30
Telegram @RichDadBre
