Hi Lucariga, the game is easy, 1. enter with momentum when the market changes direction. 2. hold for bigger wins p.s look at GJ +150 overnight, only paused at the first line, then pushed through.. Can you see how H4 did not confirm the first weekly ...

H4 Power

if you know where price needs to get then entries become almost irrelevant took the gj down to the next line.. image

H4 Power

Hi Lucariga, well if you are in the direction of higher TF trend you can stay in and accept less wins, but much bigger wins, a close down is only indicating a retrace.

H4 Power

yes, it's a decent plan, the only part im not sure about is closing when h4 close against... have you got a plan to re-enter if the next bar goes back in the direction?

H4 Power

No.. my weekly bar is indicating price will move down to a weekly SR at least, we dont know which one until we get there, I could short it down to the weekly SR and then wait for H4 to tell me where we are going next, that may be down more or back ...

H4 Power

i think you missed the last line ", but im not against a signal in the direction of a retrace either."

H4 Power

No, and this is the important part. I have a context of what is happening on the higher timeframes, where price may change direction and what timeframes to find safe exits on... Then I use h4 to trade inside that context.... I use engulfs and closes ...

H4 Power

yes Winston, we need to take care with our entries, but the care should be to find good locations to increase the RR, not to avoid losing..

H4 Power

......more great charts (this one taken from the nobrainers web site) this one exploring RR and profits.... look where the big profits are url

H4 Power

PROBABILITIES AND EXPECTANCY This chart was given to me by a good friend in my skype group, digesting and accepting these figures is essential for most traders, if you take these probabilities and work out how many trades you take a week on average ...

H4 Power

Going to go through a pair all week with analysis and entries, so first up is the context and levels, GBP/JPY video

H4 Power

ok Lucariga.... Confirmation is just about reading the last close and the last engulfs on the different timeframes, until we have a close off a line of SR we can not assign strength to it..........here's GJ here's GJ weekly... next week down or ...

H4 Power

nice new place to pile up the bullshit and absurd assumptions thanks

How banks push price against you?

Hi Pat, nice post, I know very little about the james16 stuff but he seems highly respected.

H4 Power

wasn't actually a question Omol but thanks for your reply anyway

Simple Market Flow Trading System

Hi Ochuko, nice trading plan, just reading through, haven't got to the TP part yet. With regards you daily bias, what is actually going on is a confirmed weekly SR... let me post a chart to explain. here's your 2 charts from earlier of EU and ...

Simple Market Flow Trading System

Hi Luesak, you got some stuff right and some stuff wrong. 1. your trend and sr analysis is perfect, exactly how I see it 2. Never try and avoid losers, it's RR that will make you big profits not win rate. The first trade youre clearly going against ...

H4 Power

Hi Pat ok, UJ correct, monthly is still long, weekly has failed to engulf short, but it has closed short again, so will at least try and push short again next week ECAD, correct again.No reason to do anything that wait for long signals really... As ...

H4 Power

I still have an issue using inside bars as a signal to enter, their location is great, but if you study the price structure on the timeframes below then an inside bar is just a range, so trading the break of an inside bar is trading range ...

The DIBS Method... No Free Lunch continues

classic, but crap also.... the only reason to do this is fear, fear never makes good decisions in trading. If you're going to hold, hold, nothing feels worse than risking 100 pips for 500 and then only getting half of them because you got afraid at ...

What methods do you use to let your winners run?