same pattern on brent, h4 failed to trend down from new daily high/s/r then switched and closed over invalidating the top
tradewith60
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DislikedHi, Is h4 S/r equals to the high and low of h4 candle excluding the swing (swing is actually daily s/r) ? Is that the H4 s/r you mentioned in the description below ? {image}Ignored
DislikedHi 60minuteman, I am using newyork close chart.My chart having 6 H4 candle. Do you watch all the 6 H4 candle? or do you observer any specific H4 candle out of this 6 h4 candle? I have taken following trades based on H4 engulfing.I got very good R:R AUDUSD engulfing bullish AUDJPY engulfing bullish NZDJPY outside bar GBPAUD bearish engulfing EURAUD bearish engulfing GBPJPY bullish engulfing gbpusd bullish engulfing Regards, Bedayan Chakrabarty.Ignored
Dislikedlet me try post todays trade on e/j........am having a challenge on tp levels 60minute pls correct me if am wrongIgnored
Dislikedlet me try post todays trade on e/j........am having a challenge on tp levels 60minute pls correct me if am wrong {image} {image} {image}Ignored
Dislikedperfect trade... you got it mate.... only thing i would say is im leaning towards EJ perhaps being with trend? in which case you can still watch daily levels, but I tend to shoot for weekly... as a hint always look to see if daily is closing over s/r saying were going to the weekly line...Now I know ej is a bit muddled right now and I cant quite read it myself, but im feeling more long trend than short for now (imho)Ignored
DislikedBRENT H4 move today H4 ENGULF LONG COUNTERTREND M15 ENGULF ENTRY LONG DAILY NEXT S/R FOR COUNTERTREND TP {image} {image} {image}Ignored
DislikedNever traded oil, nice one. Exactly the same set up as I commented on a previous trade of yours. Might be CT to D but a genuine 4hr higher low engulfing close, a thing of beauty. The other thing I'd mention on that chart. The reaction lower from the D 99.79 resistance level was so weak/small that the engulfing close has a great chance of success.Ignored
Disliked60minute how do you put circles on a chart before posting.....i only know how to tyoe text and put lines lolIgnored
DislikedThere seems to be a error/bug in the latest MT4 Build. At least in my Alpari platform there is a problem. Normally you go to: Insert -> Shapes -> Ellipse, and then in the properties you remove the mark on "Draw object as background" But in the latest build it makes a trendline instead of a ellipse on my platform. Anyway you can just use Paint or any other software.... This is not the correct thread or forum to talk about platform issues but because of the bug i guess a lot of people are scratching their head on this one so i reply to this question...Ignored
DislikedBRENT H4 move today H4 ENGULF LONG COUNTERTREND M15 ENGULF ENTRY LONG DAILY NEXT S/R FOR COUNTERTREND TP {image} {image} {image}Ignored