GBP; Looking abit stuck and bottled up here.I like that mid point trendline, the thicker black one. That was peachy yesterday.

4 Hour Strategy (MACD)

Euro; Daily yesterday shows a pin with a very long tail. Pins can be either significant or not, may represent a change of direction, or continuaton. It depends really where they are formed. This one is sitting on the daily 89sma. This may suggest ...

4 Hour Strategy (MACD)

Euro; My take today. Lots of tails on the 21 ema.

4 Hour Strategy (MACD)

That sounds interesting Yorik ,your good at this stuff fella!. The F12 button is rubbish, because you can still see the next candle i find,which isnt the point.

4 Hour Strategy (MACD)

Hhhhmm, havent missed much then. Back from the dentist, whats worse trading this nonsense or a dental appointment? Hahahahahahaha. Even my 5 min chart is squeeling 'helpppp'.

4 Hour Strategy (MACD)

Quite so.These were not immediately spotted by myself either, but i wanted to tease them out for reference because the trade was not clear.Thinking aloud.

4 Hour Strategy (MACD)

I think there is something you are not getting here. There doesnt have to be some identifiable macd pattern as such, the macd is below the zero line, that is the signal, not the label of 'vb' or 'rb' and so on. If that is clearer.

4 Hour Strategy (MACD)

docdollar, why dont you ask Phil now what you asked in my PM from yesterday, and get the definitive answer?

4 Hour Strategy (MACD)

Thanks for getting my mind looking at that trade again!. Now i see not one but two 50% retracements. Shown in the chart by the black lines.Nice. The second one was riskier but still on to the trendline or the 89 possibly.

4 Hour Strategy (MACD)

GBP; I have just come in. Nice entry on my GBP 5min at 1.9547.Good target on that trendline also. Not saying i would have taken it, i am feeling chilled today and have had a good week so i dont care.

4 Hour Strategy (MACD)

USDJPY; Tweeked that top line alittle. It looks more useful there.

4 Hour Strategy (MACD)

USDJPY; Channel and rhythm.

4 Hour Strategy (MACD)

Thats a close up of the entries, i shall have to learn to use the fancy graphics stuff. I am not trading this pairing at present but will keep an eye on it.

4 Hour Strategy (MACD)

USDJPY; That was a non trade TC on this pairing in my view, because the price ran into the 89 and the trendline.The better trade for those able to take it was the 4-8am candle, down to the trendline. We had a nice pin bar on the 4hr yesterday.The ...

4 Hour Strategy (MACD)

You will know when you have learned everything in trading because you will trade without the consciousness of what you know.

4 Hour Strategy (MACD)

Euro 4hr.

4 Hour Strategy (MACD)

No probs. We all started somewhere. My best advice to people is simple. Read all of the thread. Its not punishment, though it feels like it sometimes,it gets you into the right state of mind to trade with the system. And keep reading, follow the ...

4 Hour Strategy (MACD)

When i did my research i found that taking CT trades was risky at best. Hardly a new observation, but the trades were possible on a short target, but in the end its hardly worth the risk at all. The question is really, we are sitting pretty with the ...

4 Hour Strategy (MACD)

Nice one.........i am at this moment thinking up boxing analogies......no one else will know what i am on about though!

4 Hour Strategy (MACD)

I have to go out afew times today........which will suit the usual UK interest rate tauper. And give some relief to the thread watchers.........ahahahaha!

4 Hour Strategy (MACD)