Zen Trading Tech

1. Intro
2. Video
3. What is a Pullback?:
4. Drill 1: Pullback Entries
   1. Step 1: Arrows for Pullbacks
   2. Step #2: Pullbacks have trendlines
   3. Step #3: Look at how often with trend entries appear
   4. Step#4: H1 H2, L1 L2 Entries
   5. More examples
5. Drill 2: Review Pullbacks in Your Trades
6. Conclusion

Intro

• Introducing pullbacks and how traders use them
• This is the first of two videos on pullbacks and how to use them

Video

• I made a video on this here:

What is a Pullback?:

• See the video for the background on pullbacks

Drill 1: Pullback Entries

Step 1: Arrows for Pullbacks

Instructions

• Mark pullbacks
• Sometimes a pullback turns into a spike

• Sometimes its unclear so draw a trading range

Step #2: Pullbacks have trendlines

• Now turn the arrows into 2 legged pullbacks by drawing the trendlines

Step #3: Look at how often with trend entries appear

• Without marking the chart look at the entries that appear

Step#4: H1 H2, L1 L2 Entries

• Now mark the entry bars for pullback one and two – H1 H2, L1 L2
• Ignore buy the close and sell the close entries – so you only get filled if they trigger

• Now which ones of them triggered which didnt?
• How could you adjust your trading strategy and price action read to enter them in a safer way?

More examples

Drill 2: Review Pullbacks in Your Trades

Instructions

• Look at your last weeks worth of trades
• How often did you wait for:
  • Zero pullbacks?
  • 1 leg pullback?
  • 2 legged pullback?
• Let me know in the comments!

Conclusion

• This is a really great drill to find more reliable entries and not get sucked into a move thats ending.
• Enjoy!