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GBPUSD – fine-tuning from higher to lower timeframe is Tflow®’s strength

If you want to be a good trader, it is important to know the relationship between higher timeframe and lower timeframe.  Most important, you need to acquire skill of fine-tuning, so that you will know which movement will be a big move, which not.

This post will talk about the big pattern found in higher timeframe and how to use lower timeframe to fine-tune a trade so that your stop loss will be lesser.

Big Picture Analysis

Historical high as important price levels. Price has broken some.

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Historical Price Levels, price broke thorough some important support

1234 found in higher timeframe, currently I’m interested in the nearer 1234

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1234 found in high timeframe

1234 which we traded, which reach first level

 

 

Thanks for all the tweet, I appreciate very much. And I really appreciate if you took the trade, let me know, let me retweet so I could motivate even more people.

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Trading a smallish 1234 near to important price level; the first tweet in GBPUSD

 

Currently we have slightly bigger 1234

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The bigger 1234

However, I’m interested to fine-tune further because I want to make sure price close below gap high (see chart below)

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Fine-tuning in H1 and price must close below high caused by gap

Using F6 of the smallish 1234 in H1, and also making sure it closes below gap high,

#tflow #trade wk 40/1 $gbpusd below 16220 has S 16180 16160

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5 thoughts on “GBPUSD – fine-tuning from higher to lower timeframe is Tflow®’s strength”

  1. Makmur Wonggosari says:

    Hi Binni,

    Thank you for the insight on GBPUSD. Question: why does the price must close below the gap high? why is this gap high so significant?

    Mark Wongosari

    1. Binni Ong says:

      Because it’s event driven – scottish referendum. Once in a lifetime

  2. Vincent Wee says:

    Hi Binni,
    I’m still quite confuse with the entry techniques. how do you decide which entry (13TL, pt2 or F6) to use based on the chart information ? It seems F6 is a preferred way now

    1. Jerome Lee says:

      Hi Vincent,

      Pls allow me to answer this question. With regards to trigger for entry, you can still use WR of pt2 or 13TL as long as it meets the criteria, this is not wrong. F6 is preferred as we see if price can go beyond F6, the chance of it heading towards pt1 and subsequently to the TP levels are higher. Also a F6 close would generally also mean that price has already given a WR and 13TL trigger. Alternatively, you can also consider to stagger in your positions, enter some at WR, some at 13TL and some at F6.

      Regards,
      Jerome

  3. Vincent Wee says:

    Hi Jerome,
    Your reply is appreciated. Thks

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