ilmscore | This 4hr Price Action Trading Strategy Will Make You Switch From Day Trading (Guaranteed)

This 4hr Price Action Trading Strategy Will Make You Switch From Day Trading (Guaranteed)

Published: 2022-08-24
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The speaker plans to look for long opportunities on AMD in the coming week, using a combination of candlestick or chart patterns on the 4-hour chart.
"something I may do in the coming week is drop down to the 4our chart on AMD and start looking for some type of Candlestick pattern combination or some type of chart pattern in this area to go long on AMD"
AMD
Pending
For short trades on EUR/USD, the speaker will wait for a significant break of the current low, then draw a zone and look for entries on the 4-hour chart after a pullback to that zone.
"what needs to happen for me to start looking for these types of Trades well I'm going to need to see a bigger break of this low I need to see a close below this this low kind of dramatic one and then I'll be drawing out a Zone waiting for price to then pull back to this area and then I'll be waiting for entries on the 4H hour chart in this areas in this areas in this area"
EURUSD
Pending
For long trades on EUR/USD, the speaker will look for price to break above the 50 EMA, create a high, pull back, and then form a new high relative to the previous one, after which trades can be placed.
"what about long trades well if I was to start looking for long trades I would need to see the euro dollar break above the 50 EMA create a high pull back and then create a new high compared to that previous high at that point I could start placing trades based on that area of value as we move higher"
EURUSD
Pending
For short trades on GBP/USD, the speaker would look for a significant break of the previous low, draw a zone, and then seek pullback entries into that zone.
"very similar here on the pound dollar we would need a big break here of our previous low we would then be drawing out or I would then again not Financial advice but I would be drawing out my zone I would then look for a pullback into that zone and possible entries"
GBPUSD
Pending
For long trades on GBP/USD, the speaker notes that the bodies of the candles are above the 50 EMA, indicating an opportunity to look for long trades from this area if price breaks above a certain zone.
"now the difference here on the pound dollar is that these Highs are above the 50 EMA and what I really look at is the bodies the bodies of these candles are above the 50 EMA this looks like it could be a face a really A Potato Head kind of anyway so if price does this and starts breaking Above This Zone the difference between the euro dollar and the pound is that I could start looking for possible long trades from this area here because the body of these candles over here is above the 50 EMA"
GBPUSD
Pending
For USD/JPY, the speaker would need to see a breakout and close above the resistance level, followed by a pullback to that zone, before looking for buying opportunities.
"for the strategy of this video I would need to see a breaking close Above This level of resistance and then a pull back to that zone to start looking for possible opportunities to buy here on the dollar Yen"
USDJPY
Pending
For USD/CHF, the speaker will look for price to move above the 50 EMA with some 'relief' and then break the high before considering long trades in that zone.
"we need to see some relief while above the 50 EMA and I'm going to need to see a break Above This high at that point I can start looking for possible long trades in that zone"
USDCHF
Pending
If USD/CHF drops, the speaker will look for short trades near the previous lowest low below the 50 EMA.
"and the other thing that could happen is the dollar Swiss could drop from here if that happens then I'll be looking right back here at the previous lowest low below the 50 EMA for possible short trades out of the dollar Swiss"
USDCHF
Pending
For AUD/USD, if a specific level is broken, it will be used as a resistance zone for trades. If price breaks above another level, that level will be used for possible long trades.
"if this level gets broken I can look at this as a little zone of resistance to possibly catch those trades from if price pushes high enough to break Above This level then that's the level I'll look for possible long trades out of here on the Aussie dollar"
AUDUSD
Pending