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H4 Power

  • #421
  • Apr 24, 2013 3:34am Apr 24, 2013 3:34am
Quoting FerruFx
{quote} On my broker, the last H4 EJ was an outside bar ...
can you show your chart ? ...
  • #422
  • Apr 24, 2013 3:54am Apr 24, 2013 3:54am
EJ LONG BIAS
Attached Image(s) (click to enlarge)
Click to Enlarge Name: WEEKLY.png Size: 42 KB
Click to Enlarge Name: DAILY.png Size: 48 KB
Click to Enlarge Name: H4.png Size: 66 KB
tradewith60
  • #423
  • Apr 24, 2013 4:24am Apr 24, 2013 4:24am
Quoting 60minuteman
EJ LONG BIAS {image} {image} {image}
Agree if it close above the daily s/r in h4! and this friday there will be BOJ conference. i believe trader will speculate Kuroda to be introducing more stimulus given that g20 meeting last week was supporting BOJ easing.
  • #424
  • Apr 24, 2013 4:40am Apr 24, 2013 4:40am
if h4 bar against daily then target next daily s/r ........my lesson no 1
thankyou gregwilson
  • #425
  • Apr 24, 2013 6:06am Apr 24, 2013 6:06am
Does anyone have weekly and daily s/l indicator?
Thx in advance.
  • #426
  • Apr 24, 2013 6:31am Apr 24, 2013 6:31am
Quoting rookiekan
Does anyone have weekly and daily s/l indicator? Thx in advance.
If you talk about the one used in this thread ... so you have it already : your eyes!
MT4/MT5 EAs/Indicators/Alerts coder
  • #427
  • Apr 24, 2013 6:45am Apr 24, 2013 6:45am
Quoting FerruFx
{quote} If you talk about the one used in this thread ... so you have it already : your eyes!
Second this
  • #428
  • Apr 24, 2013 7:15am Apr 24, 2013 7:15am
I dont see much opportunity yet ... except im waiting for eur yen .. and eur usd.. any ideas guys ?
  • #429
  • Apr 24, 2013 7:16am Apr 24, 2013 7:16am
Quoting Jasper Ng
I dont see much opportunity yet ... except im waiting for eur yen .. and eur usd.. any ideas guys ?
My H4 candle just closed and both are outside bars.
MT4/MT5 EAs/Indicators/Alerts coder
  • #430
  • Apr 24, 2013 9:41am Apr 24, 2013 9:41am
Quoting rookiekan
Does anyone have weekly and daily s/l indicator? Thx in advance.
l looking for these indicators as well.
Bay The earth is the Lord's and the fullness thereoff.
  • #431
  • Apr 24, 2013 9:56am Apr 24, 2013 9:56am
Quoting bayana2020
{quote} l looking for these indicators as well.
You have the answer few posts ago ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #432
  • Apr 24, 2013 11:54am Apr 24, 2013 11:54am
tricky week of going nowhere, been saved by some ok gold trades...

forex does this to you all the time, constantly testing your resolve....

be strict with your rules, be strict with the plan, especially if you are taking losses...
tradewith60
  • #433
  • Apr 24, 2013 12:12pm Apr 24, 2013 12:12pm
yes .. i dont see any entry .... . market is ranging .. no clear direction.
  • #434
  • Apr 24, 2013 5:24pm Apr 24, 2013 5:24pm
Thank you very much 60minuteman. I had some small losses, quite a choppy week.
  • #435
  • Apr 24, 2013 5:50pm Apr 24, 2013 5:50pm
won some and gave it back today.. really tight market and I was trying to force it...

On the upside, the breakout should be good
tradewith60
  • #436
  • Apr 24, 2013 6:43pm Apr 24, 2013 6:43pm
Quoting 60minuteman
tricky week of going nowhere, been saved by some ok gold trades... forex does this to you all the time, constantly testing your resolve.... be strict with your rules, be strict with the plan, especially if you are taking losses...

i see some of your gold trades have moves of +50 pips. a bit confused, the spot gold i trade only moves on average 15 pips a day. so what instrument are you trading ?
  • #437
  • Apr 24, 2013 7:20pm Apr 24, 2013 7:20pm
I am not sure I understand the support/resistance line placement. Could someone who knows please clarify that for me?
  • #438
  • Apr 24, 2013 11:18pm Apr 24, 2013 11:18pm
Quoting whoareyou
I am not sure I understand the support/resistance line placement. Could someone who knows please clarify that for me?
All is very well explained multiple times in the thread.
MT4/MT5 EAs/Indicators/Alerts coder
  • #439
  • Apr 25, 2013 1:26am Apr 25, 2013 1:26am
This is an excellent strategy. I use this on a lower time frame. I prefer to use targets based on the "R" of the the bigger candle. Nice to see someone contributing back to the community.
  • #440
  • Apr 25, 2013 1:44am Apr 25, 2013 1:44am
Eur yen seems to have closed below the daily s/r. should be able to short to the next s/r.

Attached Image (click to enlarge)
Click to Enlarge Name: euryenh4.png Size: 36 KB


m15 there's entry point but the risk reward not too good at the moment.... i would like to wait for better entry.

Attached Image (click to enlarge)
Click to Enlarge Name: m15_eur_yen.png Size: 32 KB
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