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60minuteman replied May 6, 2015no big win's yet this week... Thursday Friday should bring some nice runners...
H4 Power
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60minuteman replied May 6, 2015well you could use a rule that you hold for x tp unless you get an opposing signal... then close your short/long and look for the next entry You could say use 3R as a target, or the next weekly SR, or an obvious swing point.... many options, no ...
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60minuteman replied May 6, 2015hey TB, really depends on what else I need to do and wether I want to be at the charts a lot. The reason to trade the engulf followed by a retrace entry is because it is price making the A,B,C pattern of higher high, higher low (for longs) or lower ...
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60minuteman replied May 6, 2015GOLD short hit target, long stopped out, short still running.. completely mechanical, take the set up's and hold them image
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60minuteman replied May 6, 2015GU whipsaw today, long stopped out, short then stopped out, second long hit target 1 and still running... you have to take the losses and continue on, it's hard, but it is unavoidable.. image
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60minuteman replied May 6, 2015also took a short on Gold, target is that weekly SR below image
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60minuteman replied May 6, 2015first GU long stopped out this morning, watching the retrace now image
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60minuteman replied May 5, 2015image Gu fell back from the weekly line, I prefer to hold for bigger targets only, not that it is the only way but it has positive expectation and the decision to hold is then much easier.... Have some defined exits you always use, don't leave it ...
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60minuteman replied May 5, 2015Hi AA.... yeah seem's like you get the core idea, the only thing I would say is that dont forget to look at all the recent highs and lows from weekly bars as they can all be the SR that stops a move...
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60minuteman replied May 5, 2015next weekly line hit on GU - we kind of knew that would hapen image
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60minuteman replied May 5, 2015GU giving a signal on H4, it has hit that daily SR above and daily is still down..... but that SR failed to push us down yesterday s worth a trade I think image
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60minuteman replied May 5, 2015Non trending zone... wait for the movement then jump on... image
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60minuteman replied May 3, 2015hey Totty... flow is still flowing if you excuse the pun, I was trading it on h1 last week, gold and gu... really good results. I am contributing daily videos to a paid website and It is H4 power, so I have decided to make some posts here seem's ...
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60minuteman replied May 3, 2015If you want to get to the core of what we are doing here then place some weekly lines, go down to M15 and look at the ABC patterns at the lines.... the H4 engulf represents a change in the pattern from lower high, lower low to higher high, higher ...
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60minuteman replied May 2, 2015just a quick reply to the TF question... here is GU showing you have it is fractal...THIS IS THE ESSENCE OF H4 POWER, we are using timeframes and SR in combination to find high RR trades.. 1. WEEKLY INGULF SIGNALS A MOVE TO HIGHER TF TARGET, MONTHLY ...
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