erebus
TFG Forum Legend
Just posting this as I notice some discussion on the forum about starting a 4H thread. Not that I will post here very often, just putting some ideas out there.
A quick look at even the most traded EUR-USD for last week and even a novice could have made pips without too much risk.
All you need is to determine the overall longer time frame direction - we know that Europe has a QE program in place; long term bearish on the EUR pairs, so watch for any retracements on 4H, use breakout pending orders to the SELL side.
Might be helpful for some people working and can only check charts occasionally.
What do you think? Can you spot any tradable candlestick signals on this chart? Can you find similar setups on other pairs?
Have a great week everybody!
A quick look at even the most traded EUR-USD for last week and even a novice could have made pips without too much risk.
All you need is to determine the overall longer time frame direction - we know that Europe has a QE program in place; long term bearish on the EUR pairs, so watch for any retracements on 4H, use breakout pending orders to the SELL side.
Might be helpful for some people working and can only check charts occasionally.
What do you think? Can you spot any tradable candlestick signals on this chart? Can you find similar setups on other pairs?
Have a great week everybody!
