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Vantage replied Apr 6, 2013From the above 4hr chart taking the 4hr signals from left to right. The red lines show where the 4hr closed and the 15 min retraces that follow. here there is little follow through and Asian session had the better move.
Higher low, lower high system
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Vantage replied Apr 6, 2013If you missed the higher low at the extreme of range (see trade 1 on very 1st post) then following 4 hr close looking for buys on 15 min retraces. Again why this? Well you know there are 2 - 4 good 4hr moves a week. The 1st 4hr close is a solid ...
Higher low, lower high system
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Vantage replied Apr 6, 2013The red lines are where the 3 bar reversals alerted and the RSI has crossed its signal line.
Higher low, lower high system
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Vantage replied Apr 6, 2013Cleaner chart with the 3 bar reversal candles highlighted by the red line.
Higher low, lower high system
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Vantage replied Apr 6, 2013Arav some specifics attached D chart with some support/resistance (SR) levels identified. Also 4hr chart with the 3 bar reversal alerts indicated. Have you seen on blog that every weekend I put on 4hr charts with W pivots and make the comment that ...
Higher low, lower high system
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Vantage replied Apr 5, 2013EUR GU EJ 5 April No point in doing a recap for yesterday as the moves up were all related to news, interest rates/central bank announcements. NFP today. Add to that D over sized candles that often do not follow through immediately, lots of reasons ...
Higher low, lower high system
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Vantage replied Apr 4, 2013Have a look at your D charts, or any tf for that matter. Over sized candles that don't follow through immediately, often followed by a candle or two retrace/dojis before following through. Also its the Fri thing, Fri mornings can often just be ...
Higher low, lower high system
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Vantage replied Apr 4, 2013The eur gu move up caused by the reaction to news stopped during Asian session. They don't seem to have the willingness to continue the move up and respected the previous session highs, happens all the time. It doesn't automatically mean we are ...
Higher low, lower high system
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Vantage replied Apr 3, 2013EUR GU EJ 4 Apr Interest rate announcements today in UK and EUR, tomorrow NFP. EUR - D closed positive but we could not break above the W pivot/resistance level. 4hr RSI crosses have worked as trades even if the moves have not been significant. ...
Higher low, lower high system
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Vantage replied Apr 3, 2013Recap 3 Apr EUR - D negative close below 8 lwma and RSI 50 level but hardly a convincing move. 4hr below RSI 50, 1hr flow lower high lower low. We are on the low from Oct '12 bias still lower. Result: 1 Oct low held moved up after 2 x 1hr hammers. ...
Higher low, lower high system
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Vantage replied Apr 3, 2013Forgot to mention, as per the days analysis even though bias was down those 2 x 1hr hammers happened at the identified support level (from 1 Oct) so with 2 x 1hr hammers that 15 min hl at the extreme of the immediate range is a trade. The only ...
Higher low, lower high system
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Vantage replied Apr 3, 2013See trade 1 on 1st post, in addition you have 2 x 1hr hammers. This is a higher low at the extreme of price range. We normally would be wary of trading around the RN but otherwise a good example.
Higher low, lower high system
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Vantage replied Apr 3, 2013Sorry pa - price action - wasn't that bad today only had chance to glance at charts earlier. 8lwma - linear weighted moving average, gold on my charts. The red line shows where the the 4hr shooting star closed. You could get a 15 min lh right where ...
Higher low, lower high system
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Vantage replied Apr 3, 2013At the start of day you do your basic analysis for each pair you'll trade looking for bigger pic trend and current flow on 1hr. Then you look for support/resistance levels/W pivots that could change this view of trend. If D trend is strong and 1hr ...
Higher low, lower high system
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Vantage replied Apr 2, 2013EUR GU EJ 3 Apr EUR - D negative close below 8 lwma and RSI 50 level but hardly a convincing move. 4hr below RSI 50, 1hr flow lower high lower low. We are on the low from Oct '12 bias still lower. GU - D engulfing negative close, 4hr below RSI 50 ...
Higher low, lower high system
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Vantage replied Apr 2, 2013EUR - We have stopped at the Dec lows/W pivot potential resistance level, the Asian session struggled to break Fri's high which is not uncommon. 1hr is showing negative divergence. Can go either way today, at the moment our 4hr and 1hr suggest flow ...
Higher low, lower high system
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Vantage replied Apr 2, 2013TP's is very personal and will depend on many things amongst them what kind of trader (swing/scalper) are you but also is the market trending/ranging, where are the SR levels, where did you get in on the move? The best advice is to look back on your ...
Another simple system - Time-Frame 15
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Vantage replied Apr 2, 2013First of all look at the time of day, late US/Asian session so 1st answer ignore it. Otherwise look for a support that we can move up from and it certainly seems possible a base around 1.3135-50. Then you need to assess whether its within your CT ...
Higher low, lower high system
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Vantage replied Apr 2, 2013Please see blog MTF analysis post url and there are 1 or 2 similar url they should give a good idea what I am looking for in D analysis. Then look at counter trend rules for going against the trend.
Higher low, lower high system
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Vantage replied Apr 2, 2013Have a look again at the pics in the first post of the 1 2 3 top/bottom reversals. Thats what you should be looking for on 1st trade and from there its the HH HL or LH LL flow as per the above EUR example. Then in general follow until the flow ...
Higher low, lower high system