H4 price action trading only
tradewith60
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Disliked60minuteman, Kindly assist me with the price indictor on the chart above. Thanks.Ignored
DislikedI like this. Pretty much the way I mainly trade except I look for pinbars too. Is there a reason why you don't trade them?Ignored
DislikedThese are the basic h4 price action triggers I will trade. Gold H4 chart this month {image}Ignored
Dislikedhi 60minute glad to see you again. how is your buy sell line trading going ? do you still trade that ? was an excellent thread that one. on the above chart, some questions. correct me if iam wrong , my knowledge of an engulfing bar is one that completely engulfs the previous bar incuding its high and low. in your first circle and last two circles, this has not happened. the low of the previous bar not engulfed. on the 8th circle is there not an inside bar (next to the red candle) before the outside bar ? on the 9th circle there is a red engulfing...Ignored
Dislikedhi whatfx, nice to see you again... 1. Yes i do still trade buy sell line. Thats the good ol' 50sma on my chart... Love it! 2. An engulfing bar just needs to engulf the previous open and close, if the high and low are engulfed we call that an outside bar. 3. Yes prior to the outside bar there was an inside bar set up to go short, but price never traded below the low to take the trade... For inside bar trades i am looking for the breakout. 4. Yes, thats why i circled 3 bars there was a short engulf trade which failed followed by a long engulf that...Ignored