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    • 60minuteman replied Jan 10, 2013

      Been backtesting like crazy over the holidays, everyone should have a look at outside bars on H1 tf.... with the ma's for trend they're very powerful So rather than just engulfing open and close we're looking for the high and low to be engulfed.. as ...

      Buy sell line trading
    • 60minuteman replied Jan 5, 2013

      West Texas crude futures.. Monthly slow roll up with some space to the next s/r Weekly closed up, hit hard s/r top. rejected to bottom of weekly but still closed up... Daily closed up strong off weekly s/r.. Will be buying any h1 engulfs off daily ...

      Trend Trading
    • 60minuteman replied Dec 26, 2012

      not really, but market opening hours are when most action occurs... but i will check my charts every hour and see whats happening. I tend to only watch a maximum of 4 instruments at one time now so I'm always well aware of what the big picture is.

      Buy sell line trading
    • 60minuteman replied Dec 25, 2012

      3. dealing with consolidation Dont trade the sideways move.... if price is going down off a level/price, it will go.... If its moving sideways it generally needs to retrace to a higher s/r first... you must be getting bored of it by now, but....WAIT ...

      Buy sell line trading
    • 60minuteman replied Dec 25, 2012

      2. Trade outside bars. If we have made a trending move, have retraced and we get an outside bar, these are high probability trades. Whereas an engulf we are looking for the body to engulf the previous bars body, here we are looking for the high and ...

      Buy sell line trading
    • 60minuteman replied Dec 25, 2012

      a few extra tips if anyone is having trouble turning a profit... 1. Look fore entries near the ma's after a trend begins... especially the first push... This with a trailing stop strategy will make you profitable alone. I have found the 50lwma ...

      Buy sell line trading
    • 60minuteman replied Dec 21, 2012

      its a whole new thread to explain it, but i can give you some simple pointers... First... real s/r is present at the high and low of candles... So pull up EU daily chart and mark the highs/lows of the most recent days either side of price...(see mt ...

      Buy sell line trading