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60minuteman replied Apr 12, 2013With trend: 1. trail behind the last closed h4 2. next weekly s/r line 3. hedge at the next s/r line until price gives me more information Countertrend: 1.Tp at next daily or weekly s/r
H4 Power
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60minuteman replied Apr 12, 2013Here is an example of what I call a 2 bar engulf, It is just as reliable as a regular engulf and in terms of price action and s/r it means exactly the same thing.. Focus on the pattern of opens and closes. A 2 bar engulf on H4 means price will move ...
H4 Power
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60minuteman replied Apr 12, 2013Hi Whatfx, nice to see you again... 1. Yes I do still trade buy sell line. Thats the good ol' 50sma on my chart... love it! 2. An engulfing bar just needs to engulf the previous open and close, If the high and low are engulfed we call that an ...
H4 Power
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60minuteman replied Apr 12, 2013I am looking for a change in control, I want to see the pattern of open and closes switch. Here's a h4 chart with just the opens and closes, see what always happens when direction changes with regards the pattern opens and closes are making...... A ...
H4 Power
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60minuteman replied Apr 12, 2013Some simple price action truths that you need to understand and believe. For price to turn on any timeframe there must be an engulf, sometimes it may take more than one bar to achieve it, but direction cannot change with out it. If price engulfs ...
H4 Power
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60minuteman replied Apr 12, 2013One of three skills is needed to make this style of trading pay. 1. The ability to trail a stop on every trade with absolutely rigid discipline, ensuring the real big moves you ride for the maximum gain. 2. The ability to read multi tf's and always ...
H4 Power
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60minuteman replied Apr 12, 2013These are the basic h4 price action triggers I will trade. Gold H4 chart this month
H4 Power
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60minuteman replied Apr 12, 2013Brent futures overnight short and h4 engulf this morning, weekloy s/r for target
H4 Power
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60minuteman replied Apr 11, 2013I think I was saying the same as you Seneca? I'm the same, mark the line where it might turn, then look for more information on the lower timeframes
What is the best level to Take Profit?
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60minuteman replied Apr 11, 2013is this baffling with bullshit or dazzling with brilliance? or a bit of both? Got to draw a line in the sand somewhere, same as everyone else...
What is the best level to Take Profit?
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60minuteman replied Apr 11, 2013had a look, daily and weekly closing over s/r, it will not stop until it hits a monthly s/r one right here, and next one up marked..
What is the best level to Take Profit?
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60minuteman replied Apr 11, 2013Can't see the timeframe, but whatever timeframe it is it is clearly closing over the s/r on that tf so it will need a higher tf s/r to stop it. If you go to the higher tf and that is also closing over s/r on it's own timeframe you need to move up a ...
What is the best level to Take Profit?
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60minuteman replied Apr 11, 2013ok, ok, sorry, in your case patience its your mum telling you to get off the computer....lol

What kind of music you hear while you trade?
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60minuteman replied Apr 11, 2013what a cool thread, all the middle aged boring farts can hang out here, pretend they're still young, at least until their wives tell them to 'get off that bloody internet'
What kind of music you hear while you trade?