oncechen

GBPUSD analysis in 4H and to find more 4CLong in 1H

FX:GBPUSD   British Pound / U.S. Dollar
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4CLongis my strategy pattern to Long.
--Two moving average is the SMA32 and SMA130, chart TF is 1 hour.
--From the beginning (No. 0 points did not draw) to point 1 between the rebound for the tangle;
--After the 1st point to the 2nd point for a clear setback, the 2nd point is to break the starting point (point 0) , So 01 is the anti-pumping, usually very tangled, the time can be long-term or short-term;
--pull up on the 3rd, it can be higher than the No. 1 point, it may be, however, this see the market's willing, but 2 pulled to 3 for why? 3 to 4 who is in the counterattack ah? Usually stand on the 4th need to take some time, the disk may break several times you think the 4th point, or even may come to the 2nd point, sweep your multiple single loss and then quickly pulled up;
--in the end What position involved in doing Long it? Rough to say that the 4th point (determined by the 4th point), said that the closing one hour closed above SMA32 average, and then go to the small TF(5M or 15M low) to Long, small stop at Point 4 under the lowest point of +2 times the spread between the position of the shadow, large stop on the 2nd point under the shadow of +2 times the minimum spread position;
--No. 5 points as flat single play point, usually 2 to 3 times the space between the two points, of course, feel that the time to go(CLOSE), to avoid the back of the profit taking.

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