Ok here is gu shot mo at the 50% line, I have an hour that closed below the up candle small pull back and I went short at the arrow candle, stop is at the swing high. I believe this is a good sell set up?
Well first I wouldn't be trading right now. 2nd your not at a 4hr or 1hr 50% area or where a 1hr/4hr candle broke out. The only reason I could see taking that trade would have been a close over/close under of a dragon line. Not saying its right or wrong, its just not a trade I would take.
Mr Hyde here is my chart on H4, I thought that hour entry was correct. At 50% area H4, then got a hour close below an up bar. I am still trying to see these set ups. Ive added some indicators to my chart see if they stand out. Thanks you for your help.
Ok here is gu shot mo at the 50% line, I have an hour that closed below the up candle small pull back and I went short at the arrow candle, stop is at the swing high. I believe this is a good sell set up?
Well first I wouldn't be trading right now. 2nd your not at a 4hr or 1hr 50% area or where a 1hr/4hr candle broke out. The only reason I could see taking that trade would have been a close over/close under of a dragon line. Not saying its right or wrong, its just not a trade I would take.
Mr Hyde here is my chart on H4, I thought that hour entry was correct. At 50% area H4, then got a hour close below an up bar. I am still trying to see these set ups. Ive added some indicators to my chart see if they stand out. Thanks you for your help.
Were just using different 4hr chart opens, that's all.
Hum, can you say awesome reason to hold your shorts from yesterday and to look for shorts all week long, until we hit 129 at support and a crash zone. Lets see.
what I see on ej h4 chart looking to sell, im using 5pm est daily close chart I guess they might be different than others not sure how much daily close time matters?
