Hi Guys, Hope all is well Thought I would drop a chart in as haven't been on the forum in a while. NzdUsd looks like a good set up here in 1h time frame. Gives a nice 1-4 R:R Overall trend is down so is a larger counter trend move - Break of 21ema, ...

4 Hour Strategy (MACD)

Hi Nic, It was a nice one huh? H&S target has just been reached but looking at the larger time frames this might have some more legs in it. Will have to keep an eye on it.

4 Hour Strategy (MACD)

There are a LOT of set ups this week by the looks of it, too many to put charts up: Others seem to include: UsdCad - long having broke 21ema and pulled back AusUsd - short - move to 21ema, turn away, move to 89 sma NzdUsd - short - break 21ema, ...

4 Hour Strategy (MACD)

AusNzd Set up of break 21 ema, pullback move to 89sma seems to be setting up. Already short but could still give good r:r after 4h candle

4 Hour Strategy (MACD)

Hi Nic, No problem it was a nice set up in the end. Just about wicked my limit order, went about 1 or 2 pips past and turned back around for about nearly +160 pips. Primarily because many others would have had there limit in the same place so took ...

4 Hour Strategy (MACD)

Hi Nic, I think you mean the daily one, certainly there is a chance this could hold price. There are 2 targets as per macd rules but if you have a look at the last picture I actually put a limit in order in at the first one to close the trade. This ...

4 Hour Strategy (MACD)

GbpAud Break of 89ma- pullback-move to 200 I am already in from 1h time frame so will have to watch closely how this candle closes in the 4h Looks like a nice 4h macd set up though

4 Hour Strategy (MACD)

EurCad Closed long position (21 ema - 89sma) for almost 150 pips. Now entering short (89sma - 200/365/trendline *maybe further*) Will be looking to see how it reacts to that trend line and the 1.4740 area. It may push higher however before it comes ...

4 Hour Strategy (MACD)

Hi Nic, This is how I see the UsdCad. It has been in this wedge shape range but it is coming towards the end of the pattern now, might not break out until Usd interest rate decision next week but who knows. As it stands this thing should be heading ...

4 Hour Strategy (MACD)

EurGbp trade Please note it did break the rules slightly as rules state profit at 21ema. This would have still been a good trade to 21ema but with large analysis it was worth holding Holding past the 21ema can be risky though if it is not in line ...

4 Hour Strategy (MACD)

Hi Nic, Hopefully the charts below as a bit of a step by step will give you a better idea of how I view it. Chart 1 - Analyzing your support and resistance. Chart 2 - Entry Chart 3 - Profit Chart 4 - Post trade expectations Hope this helps

4 Hour Strategy (MACD)

Hi Nic, Looking at the EurJpy - the buying we have seen coming in seems very strong, too strong I suspect for this to just be a normal retracement. Counter trend moves are usually slow and choppy as they are fighting the trend. If you see a move ...

4 Hour Strategy (MACD)

AusNzd Price has reached a resistance point where it has bounced a few times in the past Price gave double top but with higher high, now waiting for a lower high to take the trade

4 Hour Strategy (MACD)

GBPCAD Possible 21ema, pullback, move to 89 sma set up I am already long, so will be looking to add to position, could be a good chance to establish new short term longs to 89 SMA Looks like it could time itself with the pullback trade mention ...

4 Hour Strategy (MACD)

Potential set up on GbpUsd Price has broken the 21ema (just), but the large candle suggests big buying/offloading of profits which means most likely rhythm is break of 21ema, pullback, move to 89. I will be looking to enter on a pullback as the ...

4 Hour Strategy (MACD)

Update: I have closed my USD positions ahead of the NFP's, just think there is too big of a risk this news could have a negative effect on the USD - maybe even snapping the USD index back to the MACD zero line. Of course nothing is certain, but I ...

4 Hour Strategy (MACD)

Hi Nic, This is my view on this pair at the moment. I am currently sitting it out as it is in a tight range, going long here would be fighting the trend and going short could be risky as it is near a resistance area. We have non farm payrolls ...

4 Hour Strategy (MACD)

GOLD Pulled back to macd zero line and gave signal as warned it could in previous post, this was the signal to re-establish the long trade to target 1,147.86 resistance which was highlighted in previous post. Price completed its move to the 1,147.86 ...

4 Hour Strategy (MACD)

P.s I still think it will pull back to the MACD though - just not sure of the bigger overall correction yet

4 Hour Strategy (MACD)

Hi Nic, This has been a little bit of a frustrating one because a pullback is expected, in my opinion its coming, and the longer the USD index moves up the sharper it will be. But I have come to the conclusion I might have been second guessing the ...

4 Hour Strategy (MACD)