Get started

4h

Butterfly Bullish XAUUSD TF H4Butterfly Bullish aun falta una subida para buscar "C" y completar ese patron, se pude operar este armonico con un SL ajustado abajo de "B", es recomendable si se va a operar esta subida que el TP no de exactamente en "C" ya que rara vez lo cumple y regresa el precio unos pips antes de llegar a objetivo, ingresar TP al menos 10 pips antes para esta entrada, se puede aun asi operar tambien la caida o esperar que se cumpla el armonico para poder operarlo con confirmacion de algun otro analisis.
OANDA:XAUUSD
by MikAngel
15m 4H COWABUNGA FOREX TRADING SYSTEMThis trading system which you are going to learn here is called the Cowabunga Forex Trading System. The Cowabunga Trading System is a trend trading system. So what this forex trading system does is use the 4hr time frame as for identifying the main trend and then trade entries are taken in the 15 minute charts. So here’s how it works: 1 - If the price in the 4hr charts is trending up, then only buy trades will be taken in the 15 minute charts 2 - If the price in 4 hr charts is trending down, then only sell trades will be taken in the 15 minute charts. Main Trend 4 HR Timeframe As mentioned, you need to identify the main trend in the 4hr timeframe. So the 4hr Chart settings and the indicators you need are these: 5 exponential moving average applied to the close 10 exponential moving average applied to the close stochastic indicator( settings: 10,3,3) RSI (9), add horizontal line st 50 level 15 Minute Timeframe - Wait for 4H to setup then trade when 15m sets up You make your trade entries in the 15 minute timeframe. This is what you require on the 15 minute chart: 5 exponential moving average applied to the close 10 exponential moving average applied to the close stochastic indicator( settings: 10,3,3) RSI (9), add horizontal line st 50 level MACD (12,26,9) (exponential histogram)-you have to make sure the histogram displays the difference between the two lines. Buy (Long) Trades Rules - 4H & 15m setups 1. 5 exponential moving average must cross above the 10 exponential moving average 2. check that the RSI must be greater than 50 3. check that the stochastic is headed up and must not be in the overbought region 4. check that the MACD histogram either in the negative territory and starts to increase or is in negative  going to positive. Sell (Short) Trade Rules - 4H & 15m setups 1. 5 ema must cross 10ema downwards 2. check to make sure RSI is less than 50 3. stochastic indicator must be headed down and not in oversold region. 4. MACD histogram must go from positive to negative or be in positive and start to increase in value.
Short
by Tradingstrategyguides
15