Higher low, lower high system

Nice channel price breakout of dead zone.

Watching closely.

Morning M. Hope you don't mind, but what time local do you start trading (and what State do you live in)? Also, I can only seem to draw lines from one side of the chart to the other. How do you do the short ones? Thanks.

Well, whenever I'm home the charts are open, breakfast time here for me.

Got it thanks. Problem was I had the Ray box ticked.

Orientos if you just want lines to be your own length in MT4 use "Trend Line" as it is on the picture above then double click on a line to highlighted left mouse to get in to trend line properties/parameters uncheck "Ray" box and you will be all set.


OOOPS You got it already

Oh i forgot to mention that

Thanks for your help guys. Much appreciated.

Could be a good chance of a quick long here on ej.

.........and so there was (after a HL earlier), up to the RN target area.

Stalling here, moved stop up.

Quick Short there for the brave.

Although I took profit early..

1st trade of day, gu 15 min moved up then a squat bar that couldn't break higher. 5 min DT high vol shooting star, out +21 when RN held.

Didn't have the confidence to sell ej when move above RN failed from 7RB candle and 5 min candle now blown through.

Looks like original target area would of been hit nicely.

Round number resistance big factor.

Spike above then retest and sold off.

I know you love it

yep nice 2b sell.

It seems that the 1 counter trend candle hl/lh's should be avoided in all but strong pa (you'll now that when you see it) see the x's.

The nice wave hl/lh's seem to work well, these that take several candles to complete, see arrows up. I've seen this over quite a few days now but obviously need to look more.

This sort of thing is

top reversal EU setup