Hi Bdell - Yes the H4 63EMA is close to the Day 10EMA First of...

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    Hi Bdell -

    Yes the H4 63EMA is close to the Day 10EMA


    First of all I trade when I see a Weekly Bias as seen on a Weekly Candle.
    Here I can draw a Red Line.

    1.. Weekly Bias ( In case of GBPJPY ) is below 150.447
    2.. Below the 63EMA on the H4 which is the Daily 10EMA approx.
    3.. In a series of Lower Highs and Lower Lows.
    4.. No Day Resistance just in front of trade.

    I am Buying or Selling when I see a good Day Chart Trend - but perform the task on the H4

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    Last edited by RickM: 15/05/18
 
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