Ok! hi, maybe you already know how to trade with EMA (50,34,20) . But did you apply Price action + Hour 1 price line?
*** I trade by price action (Pinbar and engulfing) in Daily
*** My entry_zone in Hour 1, and Dow theory is my foundation.
>> step 1: In Daily (4th and 5th of the week) currency pairs (GBPUSD,GBPJPY, AUDUSD,...) have Pinbar or Engulfing then that's what I'm waiting for. If not, then I take the day off
>> step 2 :if there is pinbar/engulfing): In Hour 1 I will apply Dow theory with C1 >> C2 >> C1'. I will enter an order at the end zone C2 or I will place a Limit order (buy limit/sell limit)
***For example (dd/mm/yy GMT+7) ***
NZD/USD (15/07/21 12h55 PM GMT+7)
Step 1: Daily >>> NZD/USD had Engulfing Bullish >>> okey I will think Buy and Buy (Not Sell)
Step 2: Hour 1 >>> Dow Theory >> C1 >> C2 and I had Buy
>>>> In topic here i will post idea trading
>>>> You can post your analysis and idea trading in topic.
------------------
Trading simple! let's follow >>>>> Go
*** I trade by price action (Pinbar and engulfing) in Daily
*** My entry_zone in Hour 1, and Dow theory is my foundation.
>> step 1: In Daily (4th and 5th of the week) currency pairs (GBPUSD,GBPJPY, AUDUSD,...) have Pinbar or Engulfing then that's what I'm waiting for. If not, then I take the day off
>> step 2 :if there is pinbar/engulfing): In Hour 1 I will apply Dow theory with C1 >> C2 >> C1'. I will enter an order at the end zone C2 or I will place a Limit order (buy limit/sell limit)
***For example (dd/mm/yy GMT+7) ***
NZD/USD (15/07/21 12h55 PM GMT+7)
Step 1: Daily >>> NZD/USD had Engulfing Bullish >>> okey I will think Buy and Buy (Not Sell)
Step 2: Hour 1 >>> Dow Theory >> C1 >> C2 and I had Buy
>>>> In topic here i will post idea trading
>>>> You can post your analysis and idea trading in topic.
------------------
Trading simple! let's follow >>>>> Go
Win: 2
Stoploss move Entry and Zero: 1
Loss: 0
Not-match limit : 0
Stoploss: 171.52