Some are curious about trading the 4 hour and 1 hour on the engulfing strat . Yes you can but the you need to get them right off the bat coming off the 50 smas or catch them coming up or down on a swing . Also real tight MM ..these are designed for ...

pin bar trading

Have to wait and see .Holidays coming up too ..so maybe taking a break . I'll post a couple of charts of the 5 bar pivot strat here in a bit that did ok .Hopefully i can .

pin bar trading

We young guys have to have our sleep too joking Engulfing Rules .Here is what my Eur/gbp looks like Erebus. 1. Engulfing candle has to have color change and only trade above the 50 sma (my 20ema on charts too ) 2. Engulfing candle ...

pin bar trading

Yes Erubus , Good trade and nice entry .Yes fundementals trumps technicals . Now you look at that Set up .What do you see ? 1. That is an obvious pin bar probably closed in top 25% or draw a fib from high to close on that pin bar it lands above the ...

pin bar trading

url Some people get confused about the 5 bar or candle pivot highs and lows .Some hedge fund traders use this technique for entries using fibs and trendlines .This is good explaination if you can copy this to your browser which speaks about the 11 ...

pin bar trading

Correction : Not 32 but 61/38.2 50/38.2 which is on my chart above

pin bar trading

I'll be keeping my eye on this level. ..fibs are drawn from daily chart so will be in line with 4hr chart . 61/32 fib .If it pulls back this far . 50/32 is ok too. Some times price will reverse on the 3 wave so have to be careful there too .

pin bar trading

I know some people are gettig confused on the 25% outside candle/ bar signal entry . 1. On buys We want to make sure its lowest low in the turn . 2. The close on the entry candle has to close above the previous candle's close. 3. We want to make ...

pin bar trading

eur/gbp 4hr and eur /cad 4hr had nice signals.If i have time i will post an engulfing trending strategy i have been looking at for awhile also and can be traded as low as the 1 hr chart . So for it's pretty consistent so will see. You all have a ...

pin bar trading

The daily usd/jpy had some signals in the past week as well.

pin bar trading

cover now to break even now .

pin bar trading

Good run on the yen chart above above if you rode it out . Have a good weekend !!

pin bar trading

Nice entry (outside candle) and lower close . Daily rsi 5 down too . I know some traders that trade engulfing candles (not outside candles) like this ..when there is two red candles down followed by a green candle up that is a bullish buy.The green ...

pin bar trading

Nice setup here . Great entry in 2nd wave - great entry on another outside engulfing on the 4hr chart and the rsi 50 /60 zone. Daily rsi up . 8gmt time .Have a great weekend !!

pin bar trading

All rules applied --12gmt time. entry .

pin bar trading

The chart above c/chf was kind of messy ...there was 2 signals there with the outside candle entries . The best signal was above the 20ema which is kind of risky with no momentum but great RR if you stayed with it-- still within the 5 wave count . ...

pin bar trading

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pin bar trading

No problem Pervaz and no big hurry . I havent had much time today doing my daily stuff . The daily charts are not near as smooth as the 4 hr charts when comes to pullbacks ...although if you can get in on nice break out on the daily charts you can ...

pin bar trading

Good morning from Texas , The 2nd chart Aud4hr above was a loser ...my signal was a strong inside candle during my 8gmt and 12gmt times ...us and london sessions.The strong outside candle --(the one i have been mentioning all along with a strong ...

pin bar trading

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pin bar trading