Category Archives: 4 Hour Chart Trading

4 Hour Forex

More to come….

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GBPUSD 4 Hour FInal Chart, V2

Well, price never got to where I wanted it to go, but the stop loss was a good call too. Funny how price went to the other weekly pivot area.   Weekly pivots ARE good with 4 hour charts.

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Directional Call in GBPUSD – Final

Well, a bit of news pushed the CABLE up and hit our stop at 1.5781. 59 pips to the good.

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Directional Call in GBPUSD – Update 2

Well the GBPUSD currency pair moved back down on the 4 hour chart but as you can see the Bollinger Band indicator is contracting.  When the Bollinger Band contracts, this typically signifies lower volatility. Anyway, I would be tightening my stop to … Continue reading

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Directional Call in GBPUSD – Update

Well so far so good on the directional call of the GBPUSD based on the 4 hour chart.  Price has moved nicely down from the high of the bar that touched both the upper Bollinger Band and the Weekly Pivot at … Continue reading

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Directional Call in GBPUSD

I usually don’t make direction calls in a currency pair based on one chart alone, and I certainly won’t be entering blindly to the short side on what I am about to show you. The 4 hour (240 minute) chart … Continue reading

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Trading with the Overall Trend

Trading with the overall trend means that we just take trades in the direction of the trend based on a higher time.  This time frame shouldn’t be too much higher than the time frame you want to enter trades on (in … Continue reading

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4 Hour Chart Entry Indicator

People love an indicator, especially new traders.  An ideal entry indicator shows you when to enter a trade long or short and tells you when to stand aside when price action is choppy. Our FXTC entry indicator helps us position our … Continue reading

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