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Higher Time Frame Trading

  • #1
  • First Post: Edited Aug 18, 2013 4:33am Jan 31, 2013 12:49am | Edited Aug 18, 2013 4:33am
Plan is to post my analysis and trades here.
I will be posting live trades

Timeframe is H4 and above.

Comments and criticisms are always welcomed.

I m confident that I have an edge. But what matters most is risk management and mentality.

Here are the question I ll be asking myself before entrying a trade. This is how I m planning to calculate my winning probability.
1) Is the price approaching a Trend Line, S&R area or a Fibonacci level and are we seeing a rejection(shooting star/hammer or engulf)?
2) Are we in the direction of main trend?
3) Is R:R > 1:2?
4) Is divergence supporting my position in H4 or higher time frames?

Maximum risk per trade is 2% of account.

LO-Trader.
  • #2
  • Edited 9:54am Jan 31, 2013 9:24am | Edited 9:54am
GJ long on 29th.

2 trendlines supporting the price.
Bounce from fib 50.
And resistance line.

R:R 1:1.5

Hit TP for 114pips
Attached Image(s) (click to enlarge)
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  • #3
  • Edited 9:54am Jan 31, 2013 9:40am | Edited 9:54am
EA long on 29th

Bounce from 2 trendlines
Hidden Divergence

Hit TP for 63pips
Attached Image(s) (click to enlarge)
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  • #4
  • Jan 31, 2013 9:52am Jan 31, 2013 9:52am
NU long

Bounce from Trendline
Bounce from fib 50

closed for 49 pips
Attached Image(s) (click to enlarge)
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  • #5
  • Jan 31, 2013 10:28am Jan 31, 2013 10:28am
EA Short call

EA is at a very heavy resistance.
If the day close like this. This is going to be a nice short.

Posted charts are weekly and daily.
Attached Image(s) (click to enlarge)
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  • #6
  • Jan 31, 2013 10:32am Jan 31, 2013 10:32am
Quoting LO-Trader
EA Short call

EA is at a very heavy resistance.
If the day close like this. This is going to be a nice short.

Posted charts are weekly and daily.
Well the PA looks awesome. I m short @ 1.2998
  • #7
  • Jan 31, 2013 5:48pm Jan 31, 2013 5:48pm
Quoting LO-Trader
Well the PA looks awesome. I m short @ 1.2998
Hit SL for -83pips.
See how the day closed. The bar has changed entirely. I should have waited for the close of the bar.
Attached Image (click to enlarge)
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  • #8
  • Jan 31, 2013 7:14pm Jan 31, 2013 7:14pm
Confluence of Fib50, support and treandline.
Attached Image (click to enlarge)
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  • #9
  • Jan 31, 2013 8:25pm Jan 31, 2013 8:25pm
How long have you been trading Mr LO-Trader?

So far your trade explorer looks pretty good. Your charts are simple and to the point and not cluttered.

Do you look at any fundamental data to support your trades or just purely technical?

Regards

Jeremy
"More important than the quest for certainty is the quest for clarity"
  • #10
  • Jan 31, 2013 9:28pm Jan 31, 2013 9:28pm
Quoting JeremyMoore
How long have you been trading Mr LO-Trader?

So far your trade explorer looks pretty good. Your charts are simple and to the point and not cluttered.

Do you look at any fundamental data to support your trades or just purely technical?

Regards

Jeremy
Hello Jeremy,

I m relatively new to trading. Just above 1 year.
I use technical analysis and prefer not to trade during fundamental data releases.

Because I had couple of times blown my account trading NFP.

Looking to learn more from guys like you.
Thanks for visiting.

LOT
  • #11
  • Feb 1, 2013 4:42am Feb 1, 2013 4:42am
Quoting LO-Trader
Confluence of Fib50, support and treandline.
Closed for +14 because of NFP.

Sometimes it may give me good profit. But I hate loosing......
So better be on safe side.
  • #12
  • Feb 3, 2013 8:42pm Feb 3, 2013 8:42pm
Long again
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  • #13
  • Feb 4, 2013 8:20pm Feb 4, 2013 8:20pm
AudNzD Short
Attached Image (click to enlarge)
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  • #14
  • Feb 4, 2013 8:21pm Feb 4, 2013 8:21pm
AU Short
Attached Image (click to enlarge)
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  • #15
  • Feb 4, 2013 8:21pm Feb 4, 2013 8:21pm
AudChf Short
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  • #16
  • Feb 4, 2013 8:22pm Feb 4, 2013 8:22pm
UJ long
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  • #17
  • Feb 5, 2013 8:06am Feb 5, 2013 8:06am
Quoting LO-Trader
UJ long
Hit TP for 94 pips....
Attached Image (click to enlarge)
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  • #18
  • Feb 5, 2013 8:13am Feb 5, 2013 8:13am
Quoting LO-Trader
AU Short
Closed AU short for 60 pips
Attached Image (click to enlarge)
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  • #19
  • Feb 5, 2013 8:48am Feb 5, 2013 8:48am
Quoting LO-Trader
AudNzD Short
Closed for 78pips.
Attached Image (click to enlarge)
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  • #20
  • Feb 5, 2013 9:03am Feb 5, 2013 9:03am
Quoting LO-Trader
AudChf Short
Moved SL to Break Even.
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