think we're finding a bit of the GU monthly zone here got a h1 engulf off my first monthly line here: image here's my 2 monthly targets on the short side from the weekly engulf short image

H4 Power

Hi Lucariga, didn't skip them, but as we had 3 SR all grouped together there (the one i marked and the 2 you pointed out) I just marked the one... price would either go through or react strongly....marking all of them would of just made for a messy ...

H4 Power

same principles used in another way, again just using timeframes, SR and previous bar close to get context.. REMEMBER HIGHER TF SR SHOULD TURN PRICE.. IF IT DOESN'T A PUSH THROUGH TO THE NEXT SR MAY BE A GOOD TRADE.. H4 CHART image M15 ENTRY ...

H4 Power

another example from friday... remember, higher TF always controls lower TF, then use engulf to confirm the SR. AUD/CAD DAILY ENGULF WILL GO TO WEEKLY SR image GO TO WEEKLY TO MARK SR TARGET image THEN SWITCH TO LOWER TIMEFRAME TO USE THE POWER ...

H4 Power

lots of people have trouble finding entries with large rr, the secret is to use scale, use the trend of the higher timeframe and find the entry on a lower tf in that direction... example from last week: ea daily engulf : Safe target is next weekly ...

H4 Power

Hi Luesak.... lots of stuff to go over there, I am doing a webinar series for another website at the moment, they will help. GBP/USD WEEKLY IS STILL LONG - NO SHORT ENGULF GBP/USD DAILY ENGULFED SHORT - SAYS DOWN TO WEEKLY SR - FRIDAY STILL CLOSED ...

H4 Power

au monthly downtrend is still in control on au, next 2 sr marked... Although we have some sr at current levels MONTHLY CHART image daily engulfed long and trended upto weekly sr. DAILY CHART image and weekly has closed as an engulf.. so monthly ...

H4 Power

This is a great explanation Winston, you totally understand the whole concept. Price is leaving clues by how it reacts to the SR, use that for context on your trades and it is amazingly accurate... You're gonna make a lot of money for ...

H4 Power

nice trading Winston, price definitely hinting it wants more down...

H4 Power

nice to see continued interest here, i'm working on a few simple ideas that use h4 and m15 for building positions that last for a month and longer. The original idea was for getting great RR, but I lost the way somewhere and started taking 3/1 exits ...

H4 Power

Hi Winston, yes, nice short set up on GU today also. Cheap entry and big RR

H4 Power

Thankyou Winston, I am working on some techniques to use H4 power as entries into position trading, which was the original idea, but I fell into the traders trap of trying to avoid losses and have a high win rate, my focus is much more on holding ...

H4 Power

I understand where you're coming from, I used to think like that, but you have to ask yourself: 1.how much data are you basing your assumption on? 2.If you took every trader on FF and took the average win rate would do you think it would be? have ...

what is confluence and what if H4 close varies by broker

wow thanks Billy, at least someone can see the flaw here... High risk is great if you do it once and get away with it, but then do you start risking more and more as your confidence grows?.... You need to think very carefully before you embark down ...

Gambler trading (with some MM), who says it can't be done?

48% losers, so I guess yes I have, but it's within my plan and my risk threshold so it's not a problem.

Gambler trading (with some MM), who says it can't be done?

couple of things... 1. that wasnt the first 2 things he wrote it was a later edit. 2. I was answering forexexpert not rags2riches 3. My opinion is still the same and so are alot of others 4. what exactly is your point? or do you just not like ...

Gambler trading (with some MM), who says it can't be done?

I want a yacht on the feckin moon man! happy New Year Bradu...

Ramblings of a Forex Junkie

I don't think anyone has said it can not be done, but the level of risk is extreme and it's exactly the sort of thing people who can't trade or who can ill afford to lose money will be drawn too. Even if you're a good trader you still have to ask ...

Gambler trading (with some MM), who says it can't be done?

I dont know about that, why are you still here anyway? lool

Ramblings of a Forex Junkie

read back, not what happened, not what he said either.... avoiding facts is why traders lose, and sure, yeah, he's now sitting on a yacht sipping martini's....

Ramblings of a Forex Junkie