here's another example of how we will sometimes be saved from a losing set up by switching to m15 for our entry, Trade was EJ last week: First chart shows the h4 engulf set up long, second chart shows 15 retracing but it doesn't give us a long ...

H4 Power

Exactly Vamp, I tend to struggle with 1R trading systems, I like to have the possibility of hitting home runs but at the same time I dont want to leave my ass blowing in the wind with a huge stop loss... That being said, I will sometimes just set ...

H4 Power

video

What kind of music you hear while you trade?

I don't myself, but... if the next h4 closes inline with the first set up, then I sometimes will add another trade there... I think Fridays brent short was an example, I took a short thursday evening off the h4 engulf, then when we closed down again ...

H4 Power

I have been trading variations of these ideas for a few years, maybe just 3 years now... (I tend to get bored and jump around timeframes alot... bad habit!) But the one thing that has always remained is the use of s/r and the basic premise of ...

H4 Power

Shortly after the failed h4 engulf short Brent gave an outside bar long, switched to m15 and there were 3 opportunities to ride the move long. (red line marks the h4 close)

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Here's an example of how the techniques keeps us from big losses.. The H4 engulf happened last week on Brent Oil. We switched to m15 for our entry and at worst took a very small loss. As a rule though if h4 closes against the trade before m15 gives ...

H4 Power

Hi Whatfx... I wanted to wait until we had some live set ups to explain entry techniques, but one I use the most often is: I wait for the h4 engulf or outside bar to close, then I switch to m15 and trade the next m15 engulf/ouside bar, inside bar in ...

H4 Power

yes I agree on the lower TF, but I am looking for the pattern of open and closes to change on the four hour timeframe and then take trades in that new direction to the daily and weekly s/r. The exception being the inside bar which is more of a ...

H4 Power

If the last h4 bar closed down the next bar will most likely go down. (at least to the next h4 s/r, at least to the low of the previous bar.) If the last h4 bar closed below h4 s/r, price will most likely continue down until the next daily s/r ...

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ahhh the old ignore list is filling up nicely.... so far I am just showing how I read h4 price action to determine likely direction.. how to take profitable entries and exits based off that hasnt been covered. This is just basic dow trend theory but ...

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here you go whatfx, heres a h4 chart and i have marked the main swing points with a red line and a blue box.... what people would often wrongly call h4 s/r.. the second chart i have left the red lines in place and switched to the weekly chart... see ...

H4 Power

The open, close, high and low of a h4 bar is h4 s/r Swing hi and swing lows that you see on h4 are higher tf s/r. People often get them mixed up, they will look at a chart and say the h4 downtrend finished there and started trending up, so that low ...

H4 Power

Ez Al.... video

What kind of music you hear while you trade?

video

What kind of music you hear while you trade?

Closing above and below s/r is the important part, not a perfect looking candle pattern

H4 Power

The body size doesn't matter, really the engulf doesn't matter, here is the important part... Price is moving up in a pattern of higher CLOSES.... then we switch and are now closing below the previous up bars OPEN.... The flow of money has changed ...

H4 Power

My stop and entry technique depends on the circumstances, with trend? counter trend? big momentum etc, I will post live examples as they occur

H4 Power

video

What kind of music you hear while you trade?

just 4 at the moment, EU, EJ, BRENT, GOLD, usually find 1-2 trades a day on them.

H4 Power