http://www.forexreviews.info – As promised, in this video I go over the way a trader can trade the weekly engulfing method for trend direction without risking the massive amount of pips of say trading the weekly chart directly. Method involves identifying a potential signal for a trend direction on the weekly chart and then dropping down to a lower time frame such as 4 hour and 1 hour to buy or sell on pull backs in the direction of the weekly chart signal bias.
Method is extremely effective as it looks at signal biases from the Weekly Chart.
Be advised, this is a trend based trading strategy and like all strategies, they do not work all the time..
Video Disclaimer – Forex is risky, so trade at your own risk.