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AndyG68 replied Jun 4, 2013GBPUSD and USDCHF seem to be ok too.
Daily and H4 engulfing price action
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AndyG68 replied Jun 4, 2013Hello AhmadYt, thank you for your comments. I am at an early stage with this method and working on various exit strategies but looking back a number of months on the major pairs it would seem that entering 2 trades would have made some nice pips. I ...
Daily and H4 engulfing price action
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AndyG68 replied Jun 4, 2013Why? You may have got some pips out of this buy so far but I think the overall trend is down. Let me try and explain the method again. Please see the attached charts. These two charts are USDJPY Daily (left) and H4 (right). On the Daily chart I have ...
Daily and H4 engulfing price action
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AndyG68 replied Jun 3, 2013Perhaps a few pairs for us to watch. These have just had Daily engulfing bars (by my definition in first post) and could provide signals in the next few H4 bars. Now that I've stuck my neck out let's see what happens. GBPUSD, EURUSD, USDCHF, USDCAD ...
Daily and H4 engulfing price action
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AndyG68 replied Jun 3, 2013Hello Red Herring, I'm not exactly sure where you entered or the direction of the trade but I am seeing the following on my MT4 platform (GMT+2). H4 USDJPY There are a couple of things to notice. Firstly, although the 28th May was an engulfing bar ...
Daily and H4 engulfing price action
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