Depending on daily range and pull backs, profitable ?

<p id="isPasted">Pullbacks can be extremely profitable when they are forming in a strong trend, and therefore you want to tap that potential as soon as you notice that the market is firmly moving in a distinct direction.</p><p>Of course, spotting a strong trend is not done so easily from the start, before a decent number of bars have shown trending highs and low. And because for pullbacks to happen you actually need a relatively strong move, you probably wont see the profitable pullbacks in a strong trend in question for at least one or two hours after the trend has begun.</p><p>The most profitable setup is a two-legged pullback to the moving average. At first, many traders think that the pullback to the MA might not trigger any large move afterwards, but what it usually does is a with-trend acceleration toward the trends extreme, which it in most cases breaks and continues its move further.</p>