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I scalp the futures markets. A two legged pullback is either (depending on the context) a head and shoulders entry for a counter trend trade, or Two Legged Pullback Indicator: Color Key
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Sample of two-legged pullback trade from a key entry point(bull channel line). ES 1 contract. Profit Target = 4 ticks Stop Loss = 1 Earnings are out – let's do this!! Markets are bullish after today's blowout NVIDIA earnings, and everyone's waiting for the next
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The Two Legged correction method, as the name suggests is waiting for a two-step correction or a pullback in the trend. It is considered to be Part 2 Two Legged pullback method second entry long always works in different timeframes and markets
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Two Legged Pullback (Example - off bull channel line). Market geometry is a real thing and it works together with price action. Due to human psychology market moves in pairs of twos
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