why would you enter this long trade when daily s/r was near above it ? would you not have avoided this trade due to resistance at daily s/r and a likelihood price may not go above it and niot much room to make many pips ?

H4 Power

people should post h4 engulf signals here for all to see, that are cropping up. so that all can take those trades. iam seeing h4 bearish engulf on both eu and gu. on eu m15 engulf has also formed. anyone trading asian session ?

H4 Power

finding it hard to comprehend what you are saying. can you give a chart example ...?

H4 Power

are we seeing an m15 engulf on eu ?

H4 Power

gbpusd is a valid bullish engulf. so get ready to trade the m15 engulf....

H4 Power

well, i see nzdusd has just given a sell signal on the daily. macd just turned red. also williams 1hr is overbought. so maybe a good time to go short ? start of a new trend. everything seems to add up on this one... audjpy also has given a sell ...

Third Screen Strategy - Dr. Alexander Elder

Ok folks, not on my charts today. Any signals for today ?

H4 Power

1oopips good to see you back ! yes indeed, good system, i have done well with the positions i had open. except for eurchf which i closed today for a small loss. i dont see any signals for tomorrow though. both eurusd and gbpused seem to be heading ...

Third Screen Strategy - Dr. Alexander Elder

you best go on youtube and search candlestick patterns. check out the videos you find easy to understand. you will soon get the hang of it. then come back and read the threads on price action, naked trading etc here on forexfactory.

Third Screen Strategy - Dr. Alexander Elder

ok 60mm and you folks. eu long engulf on the daily did not hold. we now have a short engulf on the daily. so i guess, no more longs ? or is it. the short engulf is on top of a good support, so price could bounce from here. or if support breaks then ...

H4 Power

just before i go.......getting ready to load some longs. price hasnt surpassed the open of daily bullish engulf. so all good for longs. if price falls below the open of the engulf and closes below it then its a different story.

H4 Power

never traded brent. would like to but not sure of its temperament... well done to all the lads that entered short on eu. that was a quick loads of pips in a short time wasnt it ? iam out of my eu short for +80. just on eu today got ~+60 and ~+80. ...

H4 Power

hope you guys got in following the m15 engulf, iam short from 13126 ...

H4 Power

get ready for the m15 bearish engulf on eu. there seems to be support at around 13125, so be careful.... i think if price moves to around 160-167, we could see another dip. i have already made +60 pips scalping short trades from that level.

H4 Power

yes, indeed. price action is candle stick patterns. along with support/resistance , trendlines, pivot points, they can be really powerful. you can search forexfactory and you will find lots of threads on candle stick patterns or ''price action''. ...

Third Screen Strategy - Dr. Alexander Elder

yes indeed h4 eu may be a bearish engulf.... that brings me to my next point: 60minute what happens if there is an opposite engulf on another time frame ? for example we see the current h4 eurusd closing as a bearish engulf. but the daily candle is ...

H4 Power

is there a bearish engulf on eurgbp, or am i mistaken...

H4 Power

looks like all of the signals i posted earlier, all the pairs have gone into good profit (except for usd cad). unfortunately for me i only took one trade - long usdjpy. just thinking what i could have made in all the pairs, well over 400 pips within ...

Third Screen Strategy - Dr. Alexander Elder

the earlier h4 engulf would have resulted in a stopout. current m15 engulf is right onto a minor support area. you sure this is a good place to short ?

H4 Power

on m15 eu, there were 3 englulfs prior to the entry. why didnt you enter there ? on gu m15, did you open two longs, one at #1 and #2, and leave both running ? maybe it is a better idea to enter on a pullback following the h4 engulf. something to ...

H4 Power