yeah breakout retest on daily, and 11 of the last 14 days closed up..

H4 Power

there's a post on this site called s/r strike zones, that will explain how i draw my lines url [/B].jux.com/

H4 Power

If h4 engulfed against daily engulf I would treat it as countertrend and only target the next daily s/r line because it is more than likely a retrace move... and maybe that would make the trade not worth the risk... I like h4 because it represents ...

H4 Power

yes.... but H4 had not closed at that point to validate a short trade... that happened down at the red line below

H4 Power

think that one is kind of stretching it a tad too far, i would have to say no on that one... that very big bar definitely closes under lots of h4 sr and has plenty of momentum...

H4 Power

yeah definitely frustrating, as humans we want to know we can master something and are not failures, but it's an emotional barrier we got to break, when you do everything gets easier...

H4 Power

BRENT futures, weak h4 set up but with trend, missed first m15 engulf right at h4 close, had a go at the second +40 so far

H4 Power

welcome njokie... dont worry about losers or perfect patterns, they're just anomalies when they do happen... all we want is to hit 50% and let those run for more than 2R... law of averages will mean that you have some trades that just explode to 10R ...

H4 Power

I have to strongly disagree with the thoughts here, you can't increase your odd on a vegas slot machine. It's a skill, there's no vetting procedure who gets in to forex, most have not got the skill to conquer it, that's fine, but in no way is it ...

Why do people engage in self destructive behaviors?

got out for a small profit 77 and 102 when h4 closed against me... looks to be setting up again.. EU looking nice mate

H4 Power

yeah can happen, if H4 is clear about where the big money wants to go and you like the set up on m15, go for it. I have tried to set the strategy up so a mediocre win rate will still see decent consistent profits, the m15 entries should give really ...

H4 Power

the cluster of weekly levels you wanted were at the other end of the move I reckon, weekly kinda did your ORB thing, retested the s/r yesterday and weekly long trend has continued today... looks like eu was looking for that level the last few days ...

Ramblings of a Forex Junkie

no stop out whatfx, once h4 closed down you would of switched to m15 for your entry and got in right at the tip top... see m15 chart, red line is h4 close

H4 Power

USD/NOK H4 engulf and M15 engulf combo, seems there was an earlier h4 signal right up on weekly s/r, but I will have a play with this anyway

H4 Power

Bet you price hits weekly s/r on the days it works... if price is trending up on daily it will do so until it hits weekly s/r.

HP setup

yeah it's completely valid, and im 99% sure it would work.... maybe I will get to that stage eventually, knowing what we know about s/r and p.a there's no reason why we should ever be completely out of the market, we should always have a position in ...

H4 Power

first chart is EU weekly, second is monthly with next s/r

H4 Power

textbook H4 power trading... well done, and nice R/R EU I would just take a peek at monthly, if weekly is closing over weekly s/r (engulfing) it will be a monthly line that stops it. well worth just dropping a monthly line on the next monthly ...

H4 Power

just failure to execute, let a little fear of losing creep in

H4 Power

yeah loved that thread, excellent trader

H4 Power