EJ H4 27 Jan pre-NYO:
breaking higher..
breaking higher..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #29,902
- Jan 27, 2014 6:45am Jan 27, 2014 6:45am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
AU H1 27 Jan LO: Looks like a double top ... and potential for a MC breakout for trend continuation Edit: add chart {image}
double top invalidation with a BUOB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #29,904
- Jan 27, 2014 7:14am Jan 27, 2014 7:14am
And now the H4 heiken closed bar trend followers enter the lap of the Gods
Although there's no longer TF short until H1 demand breached with vigor
Price is always stuck between levels. TDI and bar colour (on the live bar
on the higher TF) will give you heads up. Watch and see the momentum, does it smash the level, how fast? Does it meander through then start to come back? If it's coming back does it stall? etc
Although there's no longer TF short until H1 demand breached with vigor
Price is always stuck between levels. TDI and bar colour (on the live bar
on the higher TF) will give you heads up. Watch and see the momentum, does it smash the level, how fast? Does it meander through then start to come back? If it's coming back does it stall? etc
- #29,906
- Jan 27, 2014 7:37am Jan 27, 2014 7:37am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #29,913
- Jan 27, 2014 8:33am Jan 27, 2014 8:33am
{quote} Thank you Bizzzle and all experts for your time and effort teaching TMS to all who are serious to make some pips
It might not of been a proper double bottom but you spotted a great point where it bounce twice and took the trade so well done
Give yourself a chance and trade it like it's layed out...
- #29,915
- Jan 27, 2014 8:54am Jan 27, 2014 8:54am
{quote} Come on Bizzzle, give him (EJ) a kick.... I had a cross on H1-TDI (with a poor angle) We have a range bound H1 - building up a master candle at my H4. Inside the range small mini-trends: 4 hours up and now 3 hours down. {image}
All my other pairs are moving up that I watch on the 4 hour but EU is the only one moving down and dragging EJ down to...
Either the EU will pull them all down or the others will pull it up!!
Patients
Give yourself a chance and trade it like it's layed out...
- #29,917
- Jan 27, 2014 9:05am Jan 27, 2014 9:05am
Nice start of the week. First E/J trade on H1. Closed at +52 pips {image}
Unfortunately I was sleeping at this time.
fxFox (all times in my charts are GMT+1)
Two trades today.
EJ H1 Asian session trade based on a nice pinbar on H4 and a PCRF on H1 (aggressive entry). 
EA H1 Trend was down and TDI green & red were below yellow so I made entry on a pullback from the candle that set the London high for the day. I entered before the PCRF was completely formed, knowing the high of the London session was probably set by the 2nd candle.. 
EJ H1 Asian session trade based on a nice pinbar on H4 and a PCRF on H1 (aggressive entry).
EA H1 Trend was down and TDI green & red were below yellow so I made entry on a pullback from the candle that set the London high for the day. I entered before the PCRF was completely formed, knowing the high of the London session was probably set by the 2nd candle..
