Hi FX35 , Luke and welcome back Happy.
For anyone who is interested specifically in the H4 Macd entries, I have attached last night (9pm my Time NZ ) entry on the Kiwi. There were several trades available at that time but I decided on the Kiwi because :
My Signal Bar was a huge BEEB ( Bearish Engulfing Bar )
Price had smashed thru the 200ma but showed no real intention to hunt down the 365ma
Price also showed no respect for the BRN 0.7900 & closed strongly below it and the 200ma.
The other currencies also offered entries but in most cases there were trouble areas pretty close to entry points so the possibility of reasonable profits were limited ( IMHO)
Just entered TC on the Pound. Don't like that long pin above the 89. Would have preferred price to close strongly above there.
Still , these are the Rules of the H4 - I am determined to take all trades that I see provided I am not duplicating currencies.
Lets see how it progresses
For anyone who is interested specifically in the H4 Macd entries, I have attached last night (9pm my Time NZ ) entry on the Kiwi. There were several trades available at that time but I decided on the Kiwi because :
My Signal Bar was a huge BEEB ( Bearish Engulfing Bar )
Price had smashed thru the 200ma but showed no real intention to hunt down the 365ma
Price also showed no respect for the BRN 0.7900 & closed strongly below it and the 200ma.
The other currencies also offered entries but in most cases there were trouble areas pretty close to entry points so the possibility of reasonable profits were limited ( IMHO)
Just entered TC on the Pound. Don't like that long pin above the 89. Would have preferred price to close strongly above there.
Still , these are the Rules of the H4 - I am determined to take all trades that I see provided I am not duplicating currencies.
Lets see how it progresses