Target trading with the Big boys on the 4 hour chart -
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thread: Target trading with the Big boys on the 4 hour chart

  1. #21
    Hi everyone

    EURCAD

    We got that retracement as we believed men - the ultimate target was 15350 - amazing

    Down to 1.500 at

  2. #22
    quote Hello SATrader Can you watch the movie in Post 1? Taking EURCAD as an example, it has been in an obvious uptrend for a while. As the movie showed the BB's look in the PAST in order to trade their egy and plan their own trades. Sometimes that could go back a long time if we are reaching new highs or lows. Additionally as most of us know, the price does not go down or up in a direct line. Occasionally it goes the other way rather appreciably if the BB's are still seeking to intice new buyers/sellers by offering them a wonderful fat discount. Please watch the movie...
    Hello , I did but will rewatch as I am sure I may have missed some items. Thanks!

  3. #23
    quote Hello, I do not receive your chart finish July 6th, although we are here today??????????????? Plse explain... image
    Hello Harry

    Again, did you watch the Video? We may need to look a long way back to find goals.

    I had been only surmising that EURCAD would retrace after reaching 1.5250/70 because it did so some time ago. We look at the PAST to forecast the future!


    EURCAD

    Well it attained that significant level and resembles the retracement is starting. First goal 1.5200

  4. #24
    GBPJPY

    Well it hit a small brick wall at 150.00 as expected. It is a solid support area so GBP might need to be a lot weaker then it's currently to break. Trouble is that I expect GBP-positive news tomorrow due to the poorer Pound so we might not observe a breakthrough whatsoever until later in the week.


    GBPCAD

    I lot more bearish and if we break through 1.7600 support it's all of the way down to 1.7300. However it depends on the way the news tomorrow affects the position. Whatever the case I wouldn't advise entering a brief now unless you're confident of a breakthrough


  5. #25
    The video mentions having 2MA's; just one for its daily fashion and one for the 4hr trend. What are the values of those 2 indiors?
    Hi

    I don't know, sorry. They do use the 200 ema that's for sure. But I am not subscribed to their service so I don't have any further info.

  6. #26
    GBPJPY

    Well it looks like at last that this pair is tradeable following the correction since off the bounce 200 ema ended and it broke through major service areas yesterday. Next down one is the significant one at 150.00 that I think will probably be taken out on Monday as GBP looks weak for the forseeable future. My suggestion would be to wait for the breakthrough and then enter a transaction on retest (that will almost surely occur)

  7. #27
    Hello everybody

    I think it's time to revive this thread since there's absolutely no doubt that the 4 hr chart is probably the best chart to exchange. Although one wonders just how many small traders actually exchange off the 4 hr chart - it is so tempting to return to the lower time frames and therein lies the spiders web!

    Having a look at GBPUSD, it's at a key support area 137.50 and whether or not it breaks (which I think it will) we're going down all the way to 135.50. We can re-assess

  8. #28
    quote A Lot of thanks. The horizontal aqua lines are drawn or is that any indior. Best Wishes,
    they had been manually drawn after an overview of the situation at that time

  9. #29
    quote Sure. They are posted below. document file
    Many thanks.

    The horizontal aqua blue lines are manually drawn or is that any indior.

    Best regards,

  10. #30
    quote Hello Jmtini, Would you share your 4hr base currency power indior and encourage registant indior. Thank you
    Sure.

    They are posted below.
    https://www.cliqforex.com/attachment...1313027757.mq4
    https://www.cliqforex.com/attachment...1661891401.ex4

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