Best H4 Forex Strategy The H4 trading strategy revolves around a very common chart pattern known to the technicians as the Doji candlestick. Our forex H4 trading system combines some high probability setups that we’ve found work best on the 4-hour time frame. A detailed guide to the Doji Candlestick pattern can be found on the internet. As far as the probabilities...
Price was in an uptrend. Price bounce off a previous resistance. Price created a Bearish Engulfing Reversal Candle. Entered trade at the close of above candle. MACD crossover happened at the close of the candle also. Stop Loss placed above reversal candle. EXITED trade after consolidation made price go sideways.
112.15 ENTRY PRICE. 100.94 10% STOP LOSS. 117.76 5% TARGET. 123.37 10% TARGET. Volume 100%. 200 sma inclining showing uptrend. RSI above 50 level. Price had a brief 3 bearish candle pullback that stayed above 20 sma. Current price candle was a large body bullish reversal candle. Price created a new high.
10.63 ENTRY PRICE 9.57 10% STOP LOSS 11.16 5% TARGET 11.69 10% TARGET RSI above + 50 & 70 levels with a steep incline. Volume is at 100% +++. 200 sma on an incline showing uptrend. Price stayed above 50 sma with a brief bearish pullback. Current Price is a strong large body bullish reversal candle.
Golden Fib Indicator shows Open Long signal Golden Fib Indicator shows Stop Loss signal. Golden Fib Indicator shows Close Long signal Risk/Reward ratio can be adjusted. Trailing Stop can be enabled.
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Bull Flags are a Range pattern and are a repeatable trading chart pattern. Bull Flag chart patterns will have a directional bias (Long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close...
Engulfing Trading Strategy The engulfing pattern is fairly regular in its occurrence. Appearing regularly means that a lot of the time, it simply won’t work. Statistically speaking, candlestick patterns have a high failure rate, which is why we come with the idea to fade the engulfing bar pattern. Of course, candlesticks can indeed be useful--but advanced trading...
1 - MACD Trend-line Breakout after Crossover. 2 - Buy 1H Candle Close above Trend-line. 3 - Resistance TP @ 127.00
Triangles are repeatable trading chart patterns. Triangles are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the...
Rules for Bullish/Bearish Reversal 1 - Pin Bar - Hammer 2 - Stop Hunt Wick 3 - Low Bear Engulfment #3 Lowest Bear Candle Break High for Reversal Break Low for Continuation #3 Highest Bull Candle Break High for Continuation Break Low for Reversal
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Bull Flags are a Range which are repeatable trading chart patterns. Bull Flags are a descending chart pattern which will have a directional bias (Long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for...
TriangleS are repeatable trading chart patterns. Triangles are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the...
Trend Line Trading: The Trend Breaker Strategy This trendline breakout trading strategy uses three indicators, which are the following: MACD- The inputs for this indicator are: Fast Length= 12 (represents the previous 12 bars of the faster moving average), Slow Length= 26 (Represents the previous 26 bars of the slower moving average), and Signal Smoothing= 9 (...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Ascending Triangles are repeatable trading chart patterns. Ascending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
Green 20 sma uptrend Purple 60 sma uptrend Gold 120 sma uptrend Blue 200 sma uptrend Volume 100% ++ Ascending Wedge Large body breakout bullish candle Trading Idea shared by Wendy from TSG