Like some of the rest of you, I took the Asian session EJ H1 trade based on the PCRF that formed. I entered before leg 3 completed due to strong price action, a cross of the TDI green over red with both of them above the MBL, which was sloping up. ...

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You can find them here..... url .

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Yes.....a break of the trendline would have been a better entry in this case. My response to murali was in response to his question about the PCRF information I posted earlier. Definitely, the more aggressive entry would have been at the open of the ...

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murali, Yes, entry would be above a break of the third leg of the PCRF. As you can see on the attached chart, I entered at that point but missed my 50 pip TP by 3 pips and exited with 36 pips for the trade. image

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Same here. image

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Green lines are the entry point on a break of the 3rd leg of the PCRF drawn manually.

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Hoperich is correct.....based on the MBL being above the TSL & RSI, we should be looking for short trades with the understanding that the TDI is in the oversold area and will be breaking out at some time. The chart and analysis I posted was just to ...

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Attached is a chart and analysis for this past week showing only possible entries on the EJ H1, based on Pullback Candle Reverse Formations. Pullback Candle Reversal Formation are noted on the chart as PCRF. Green lines are the entry point on a ...

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A pullback candle reversal formation is just my terminology for a formation that makes a candle in the direction of the trend, followed by a longer candle that, in this case, set a lower low and then pulled back leaving a long wick, followed by a ...

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I stayed in the trade longer because of the set-up at the beginning of the first trade. When there is a cross of the TDI green RSI Price line over the red Trade Signal line AND the gold Market Base line AND price is moving out of an overbought or ...

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Finally exited my FO EJ H1 following price consolidation and the NY session coming to a close. A very profitable trade...... image

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I am still in that LO trade with 100 pips locked in....all based on the setup I described on my posted chart.....when there is a cross of the TDI green over the red AND the gold lines AND price is moving out of an overbought or oversold area ...

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The 5 SMA is fine if you are looking for conservative, safe entries. I find that using candle formations, price action and TDI are enough for me to enter the trade on the 1st or 2nd candle. Each of us have to do what is best for us psychologically ...

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I know this is not the ideal time of day to trade, but this afternoon I found a set-up I could not resist....actually on of my favorites. A pullback candle reversal formation (circle) and the TDI moving out of the oversold area with the green RSI ...

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Round numbers have much more visible effect on price in the M5 & M15 time frames. On the H1, they are just another S/R area to be aware of but, in my opinion, not a reason to stay out of a trade. As far as the previous days low, price was breaking ...

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A nice Asian session EJ H1 trade to start off the week. Taken per TMS rules (entry at the open of the 2nd candle and green crossing red, even though price did not move much until the 3rd candle) and a pullback candle reversal pattern following the ...

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I use the Daily-Weekly-Monthly indicator found here..... url . I also draw S/R lines mostly from the Daily and H4 charts. The H4 indicator that draws the most recent H4 highs and lows can be found here..... url

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Emmanel, I took the same set and forget trade at LO....TP hit with NFP. Also, I just found the question you asked about straddling the news releases. I do not currently use a straddle. I used to have an EA that entered straddles during the three ...

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I took the same 3 trades as lastingwell except my 2nd trade was taken at LO. I was not at my computer during the Asian, so I missed that move with the break above the MC. Took the NYO candle following news, after the NYO H1 candle made a double top ...

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hoperich, I keep an eye on all support and resistance areas.....monthly, weekly, daily, H4 highs and lows, the 200 EMA, previous consolidation areas, etc. When price approaches those areas, one thing I watch for is momentum in the market and time of ...

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