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Simple, Non-subjective, Consistent, Effective

  • #261
  • Edited 3:43pm Feb 3, 2014 2:37pm | Edited 3:43pm
Here's a picture of H4 EURUSD.
D1, W1 and M1 are all pointing downwards.
Two bullish engulfing bars.

Am I right to assume that both candles are no trades?

[EDIT]Appears I assumed wrong (post http://www.forexfactory.com/showthre...76#post7174476)
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD (240 Min) 3-2-2014.png Size: 32 KB
Financial independence is what I live for
  • #262
  • Feb 4, 2014 3:00am Feb 4, 2014 3:00am
Hi guys,

Someone trading OIL? It has just formed a BULF (Bullish Engulf).

Just look at the chart I have attached... looks like the 4H would be

BULF, as well
Attached Image (click to enlarge)
Click to Enlarge Name: oil.png Size: 69 KB
  • #263
  • Feb 4, 2014 7:10am Feb 4, 2014 7:10am
USD/CAD - giving this short (hrly TF) set-up a go..
Attached Image (click to enlarge)
Click to Enlarge Name: AP3UCH1Entry.PNG Size: 29 KB
  • #264
  • Feb 4, 2014 7:50am Feb 4, 2014 7:50am
Nice one Sidefx,

Hope it works out nicely ....

I am still with the OIL trade and it provided another opportunity

for stacking from a lower timeframe- that is just my way of trading

which should not be confused with Ap3- I believe his system is great

and should be followed as described. I am just using a similar one

incorporating 15M timescale, as well for lower-risk opportunities- I have

attached an example from today- hope this is not taken as a sign of trying

to replace original system! It is just my own additional tool, which I am sharing

with you guys!

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: oil2.png Size: 66 KB
  • #265
  • Feb 4, 2014 8:14am Feb 4, 2014 8:14am
[quote=nasko;7258327]Nice one Sidefx, Hope it works out nicely .... I am still with the OIL trade and it provided ...

Nasko - what is the MA in your chart? I know Ap3 doesn't use them but they can be informative. p
  • #266
  • Feb 4, 2014 8:30am Feb 4, 2014 8:30am
[quote=piprac;7258366]
Quoting nasko
Nice one Sidefx, Hope it works out nicely .... I am still with the OIL trade and it provided ... Nasko - what is the MA in your chart? I know Ap3 doesn't use them but they can be informative. p
Hi m8,

they r just the usual ones 200/8/5, but honestly, I am

not really paying attention to them I am basically

trading off price action only- hope it helps

....

Chrz
  • #267
  • Feb 5, 2014 5:02am Feb 5, 2014 5:02am
Quoting sidefx
USD/CAD - giving this short (hrly TF) set-up a go.. {image}
..continuing to hold the short, +24 atm.
Attached Image (click to enlarge)
Click to Enlarge Name: AP3UCH1Mngt.PNG Size: 29 KB
  • #268
  • Feb 5, 2014 6:19am Feb 5, 2014 6:19am
First step to establish a stack on GBPJPY 4H engulf:

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyproh4.png Size: 15 KB
Salmei, Dalmei, Adomei!
  • #269
  • Feb 5, 2014 6:43am Feb 5, 2014 6:43am
Quoting sidefx
{quote} ..continuing to hold the short, +24 atm. {image}
Hi Sidefx,

just to let you know that I am looking for a buy signal on the USD/CAD....

It doesn't mean that I am right... I am just waiting for the market to show

me a sign for that... we are bouncing off support 1.1050... thought might be

useful some different opinion

Anyways, hope your position brings you good money
  • #270
  • Feb 5, 2014 6:59am Feb 5, 2014 6:59am
Quoting nasko
{quote} Hi Sidefx, just to let you know that I am looking for a buy signal on the USD/CAD.... It doesn't mean that I am right... I am just waiting for the market to show me a sign for that... we are bouncing off support 1.1050... thought might be useful some different opinion Anyways, hope your position brings you good money
Hi Nasko, i decided to exit after the spinner around recent daily lows, so just a meagre 16 pips taken I may go for the long later too if it materialises. Good Trading.
Attached Image (click to enlarge)
Click to Enlarge Name: AP3UCH1Exit.PNG Size: 15 KB
  • #271
  • Feb 5, 2014 7:00am Feb 5, 2014 7:00am
Quoting nichess
First step to establish a stack on GBPJPY 4H engulf: {image}
Nice one, nichess.
  • #272
  • Feb 5, 2014 7:22am Feb 5, 2014 7:22am
Quoting nasko
{quote} Hi Sidefx, just to let you know that I am looking for a buy signal on the USD/CAD....
My long on this pair got stopped out last night, I had entered at 20:00 cst @1.1092 on the H4 trade. The best reason I shouldn't have taken it was a poor R/R ratio. I'm not getting this as I have lost on 3 successive H4 trades, not all US/CAD, plus deleted 2 other Stop trades that weren't going as expected but at least weren't losses. Time to reread the thread. p
  • #273
  • Feb 5, 2014 7:48am Feb 5, 2014 7:48am
Hey guys,

I am looking to go long UC, but not sure whether the market will give me

this opportunity today.

Let's see what would happen

Chrz
  • #274
  • Feb 5, 2014 8:36am Feb 5, 2014 8:36am
Quoting nasko
Hey guys, I am looking to go long UC, but not sure whether the market will give me this opportunity today. Let's see what would happen Chrz
..my charts printed a 4hr long engulf (USD/CAD), but I'm not in yet..
Attached Image
  • #275
  • Feb 5, 2014 9:55am Feb 5, 2014 9:55am
Quoting sidefx
{quote} ..my charts printed a 4hr long engulf (USD/CAD), but I'm not in yet.. {image}
To be honest with you, I have stopped looking at it, because I have already

spotted another engulfing on AUD/USD 1H- just waiting for it to close in about 5mins.

Let's see about it

Chrz
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 74 KB
  • #276
  • Feb 5, 2014 10:12am Feb 5, 2014 10:12am
Quoting nasko
{quote} To be honest with you, I have stopped looking at it, because I have already spotted another engulfing on AUD/USD 1H- just waiting for it to close in about 5mins. Let's see about it Chrz {image}
Good luck if it triggers. I'm now short UJ (hrly), nice engulfing rejection of the recent daily highs and monthly level..worth a punt
Attached Image (click to enlarge)
Click to Enlarge Name: AP3UJH1entry.PNG Size: 27 KB
  • #277
  • Feb 5, 2014 10:55am Feb 5, 2014 10:55am
Quoting sidefx
{quote} Good luck if it triggers. I'm now short UJ (hrly), nice engulfing rejection of the recent daily highs and monthly level..worth a punt {image}
Cheers sidefx,

I saw that UJ, as well- looks promising good luck to you too
  • #278
  • Feb 5, 2014 3:26pm Feb 5, 2014 3:26pm
Quoting sidefx
{quote} Nice one, nichess.

Thanks sideFX,
I will try to do my best to trade this style :-) - still I am in training mode. I think, that it takes a while till creating my first stack ...

Cheers

Salmei, Dalmei, Adomei!
  • #279
  • Feb 6, 2014 12:58am Feb 6, 2014 12:58am
Quoting sidefx
{quote} Good luck if it triggers. I'm now short UJ (hrly), nice engulfing rejection of the recent daily highs and monthly level..worth a punt {image}
Hey mate,

I have missed a second stacking opportunity last night... but this one was the right one

I am continuing my lookout for other BULFs and BELFs , let's see whether some will appear

today...
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 143 KB
  • #280
  • Feb 6, 2014 1:16am Feb 6, 2014 1:16am
By the way,

just looking at this one right now- the Cable 1H

I have attached a chart guys, but still need a confirmation from a lower

time scale to go long
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 279 KB
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