Nice setup here . Great entry in 2nd wave - great entry on another outside engulfing on the 4hr chart and the rsi 50 /60 zone. Daily rsi up . 8gmt time .Have a great weekend !!

All rules applied --12gmt time. entry .

The chart above c/chf was kind of messy ...there was 2 signals there with the outside candle entries . The best signal was above the 20ema which is kind of risky with no momentum but great RR if you stayed with it-- still within the 5 wave count . ...

image

No problem Pervaz and no big hurry . I havent had much time today doing my daily stuff . The daily charts are not near as smooth as the 4 hr charts when comes to pullbacks ...although if you can get in on nice break out on the daily charts you can ...

Good morning from Texas , The 2nd chart Aud4hr above was a loser ...my signal was a strong inside candle during my 8gmt and 12gmt times ...us and london sessions.The strong outside candle --(the one i have been mentioning all along with a strong ...

image

image

Above chart eur/chf first wave completed broke above the high of pullback candle.

image

Your welcome my friend .There is a lot of pairs to look at for sure...i just glanced at some odd pairs . Look at your eur /chf (your spread too) when you get time ...i'm just looking at the best conservative entries by the rules with a good candle ...

The yen candle entry was at 00 gmt time...maybe the news sparked the momentum...who knows

image

image

Yes Pervaz that is correct on your question i just noticed sorry about that ...i would prefer the lowest low candle as entry ...but the next one is ok as long as it's not too large like your eur/usd entry on the far right . Ok i'm going to post my ...

Hi Pervaz , The pound was a good momentum candle far right and the pullback was good ...like to see it a little smaller and the lowest wick of the pullback and its above your 60 zone from what i can tell. Your daily rsi flat . Looks close to an ...

Good morning Pervaz , Thanks im feeling stronger and drinking my fluids . That was a strong momentum candle for sure and larger than the last 2 sessions and im sure some traded it obviously ...so this would have been aggresive to me but it worked ...

Above chart : 1. crossed the 50sma -20ema good angle not flat--yes . 2. pullback from the highest high -yes. 3.lowest low of the last 5 candles yes . 4.entry candle top 25% candle --yes but would like to see an outside candle. 5. at least a 1 to 1 ...

image

Hi Pervaz , I'm under the weather now respitory crap...but getting better i think. My neighbor taught me how to make taco soup Believe me im no expert Allways look at your 4hr majors first ---aud/usd--eur/usd -aud/usd-nzd/usd-gpb/usd ...