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  • #221
  • Jan 23, 2014 6:51am Jan 23, 2014 6:51am
I'm watching EJ atm for a long engulf...
Attached Image (click to enlarge)
Click to Enlarge Name: AP3EJH1.PNG Size: 26 KB
  • #222
  • Jan 23, 2014 6:57am Jan 23, 2014 6:57am
Hi Vantage,

I believe in stacking u r making d big money, otherwise SIDEFX, I believe u r right- there is a

4H engulf on EJ, so makes perfect sense I am currently not having any signals but will probably

look at GU for continuation signals, as well as, EJ

chrz
  • #223
  • Jan 23, 2014 7:37am Jan 23, 2014 7:37am
Yes, AP3 isn't around here since 2 weeks... Hope he'll come back.

I'll test this system in 4H TF with FT2 this evening and try to post some results...

Are the rules still intact as on 1st post?
  • #224
  • Jan 23, 2014 10:09am Jan 23, 2014 10:09am
..giving EJ a go off the hrly long engulf.
Attached Image (click to enlarge)
Click to Enlarge Name: AP3EJH1e.PNG Size: 24 KB
  • #225
  • Jan 23, 2014 11:29am Jan 23, 2014 11:29am
Good luck sidefx

I wanted to share with you guys, something that worked out really nice and

sth that I have missed . It's US Oil, obviously the system works quite well

with crude and gold Enjoy
Attached Image (click to enlarge)
Click to Enlarge Name: oil.png Size: 51 KB
  • #226
  • Jan 23, 2014 11:34am Jan 23, 2014 11:34am
Quoting nasko
Good luck sidefx I wanted to share with you guys, something that worked out really nice and sth that I have missed . It's US Oil, obviously the system works quite well with crude and gold Enjoy {image}
Thanks nasko, coming close to a 45 pip loss atm. Thanks for the heads-up on crude/gold
  • #227
  • Jan 23, 2014 5:06pm Jan 23, 2014 5:06pm
Quoting sidefx
{quote} Thanks nasko, coming close to a 45 pip loss atm. Thanks for the heads-up on crude/gold

SIDEFX hi..., analyzes this image and see it's not a valid engolf.

Attached Image (click to enlarge)
Click to Enlarge Name: 025 falso engolfo H 1.png Size: 18 KB


JVBS
Work very hard until you get there (excuse my english)
  • #228
  • Jan 23, 2014 5:12pm Jan 23, 2014 5:12pm
Trade Gold H 1

Attached Image (click to enlarge)
Click to Enlarge Name: 024 GOLD H 1.png Size: 29 KB


JVBS
Work very hard until you get there (excuse my english)
  • #229
  • Jan 23, 2014 8:50pm Jan 23, 2014 8:50pm
one of the best trending pair is GBP/CAD at the moment I think.

there are also a number of entries this week for GBP/USD.

I actually trade slightly different, but the concept is very similar to AP3's.

I will always wait for a daily engulfing first, then start from the next day, I will seek 4H engulfing/inside bar entries in the daily direction. the seeking will not stop until a reverse daily engulfing happens, will exit all positions if reverse 4H engulfing happens after that. in fact, this can be the time to trade in the opposite direction, but for the sake of following the trend in the bigger time frame, counter trend trading is not encouraged.

then here comes the great idea from 60mm in his H4 power thread, once daily engulfing happens, price will seek S/R from the weekly S/R levels, the nearest dominant weekly high/low/open/close could be good reference to look for PA, by dominant I mean, solid body & in the trend direction. I don't use the following small body weekly bars as reference as they are all closed within the range of the dominant weekly S/Rs. and from there, I have more confidence to either rejoin the trend, if price bounce off the dominant weekly S/R level, or if price close out of the S/R level in the reverse direction, which indicates a reverse weekly engulfing happens, then the dominant monthly S/R level will be referenced.

on top of that, Mr. pipsEASY's & AP3's stacking rules applies.

I am not trying to steer people away from the original Ap3's rules, nor I want to hijack this thread. I am just trying to contribute a little which I feel makes some sense.
  • #230
  • Jan 24, 2014 2:33am Jan 24, 2014 2:33am
Quoting jvbs
Trade Gold H 1 {image} JVBS


Hi how do you exit?i see you have 3 entries at almost the same price
thankyou gregwilson
  • #231
  • Jan 24, 2014 4:05am Jan 24, 2014 4:05am
Hey fellas,

I am expecting to see a bull engulfing on EUR/USD 1H in the next few hours for

a continuation of the trend. It might happen or it might not happen- I don't know

but if it happens, we should be really careful, since we are just below yesterday's

high . I have attached a chart

Have you heard of AP3? I want to congratulate him for the great system!
  • #232
  • Jan 24, 2014 4:05am Jan 24, 2014 4:05am
... here is the chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 59 KB
  • #233
  • Jan 24, 2014 4:13am Jan 24, 2014 4:13am
One last thing... look at that NZD/USD 1H- a possible bear engulf forming

I am curious to see where this candle would close
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.png Size: 148 KB
  • #234
  • Jan 24, 2014 9:58am Jan 24, 2014 9:58am
Quoting zxdtrader
one of the best trending pair is GBP/CAD at the moment I think. there are also a number of entries this week for GBP/USD. I actually trade slightly different, but the concept is very similar to AP3's. I will always wait for a daily engulfing first, then start from the next day, I will seek 4H engulfing/inside bar entries in the daily direction. the seeking will not stop until a reverse daily engulfing happens, will exit all positions if reverse 4H engulfing happens after that. in fact, this can be the time to trade in the opposite direction, but...

Hi ZX,

Would you mind illustrate your comment
"the nearest dominant weekly high/low/open/close could be good reference to look for PA, by dominant I mean, solid body & in the trend direction. I don't use the following small body weekly bars as reference as they are all closed within the range of the dominant weekly S/R"

On a chart with some expanation

Thanks
  • #235
  • Jan 26, 2014 8:30pm Jan 26, 2014 8:30pm
hi Biker,

please refer to this chart, the green arrow points to the week that is dominant to me, subsequent weeks (except last week) were all closed in between the yellow and aqua lines (the high and low of that week). price now closed below the aqua line.
Attached Image (click to enlarge)
Click to Enlarge Name: Image-1.jpg Size: 134 KB
  • #236
  • Jan 27, 2014 1:59am Jan 27, 2014 1:59am
Good (London) Morning to everyone,

Here is my view for the GBP/USD for today

What do you guys think? Is this bullish engulfing going to

dominate today's market action. It is forming after a

4H BE (Bullish Engulfing) has formed.

ChRz
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 157 KB
  • #237
  • Jan 27, 2014 4:05am Jan 27, 2014 4:05am
Quoting zxdtrader
hi Biker, please refer to this chart, the green arrow points to the week that is dominant to me, subsequent weeks (except last week) were all closed in between the yellow and aqua lines (the high and low of that week). price now closed below the aqua line. {image}

Don’t ever let someone tell you that you can’t do something.
  • #238
  • Jan 27, 2014 5:43am Jan 27, 2014 5:43am
Quoting nasko
Good (London) Morning to everyone, Here is my view for the GBP/USD for today What do you guys think? Is this bullish engulfing going to dominate today's market action. It is forming after a 4H BE (Bullish Engulfing) has formed. ChRz {image}
Looking good so far, just bounced of the prev Month High, fingers crossed.

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot.jpg Size: 38 KB
Don't ask me, I have no idea what's going on.
  • #239
  • Jan 27, 2014 5:46am Jan 27, 2014 5:46am
Quoting Gizzledonk
{quote} Looking good so far, just bounced of the prev Month High, fingers crossed. {image}
oops, screeny on wrong TF
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot.jpg Size: 49 KB
Don't ask me, I have no idea what's going on.
  • #240
  • Jan 27, 2014 6:35am Jan 27, 2014 6:35am
Quoting Gizzledonk
{quote} oops, screeny on wrong TF {image}
Yeah, exactly! GBP/USD is reacting good so far let's see how far can it go
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