Long trade — Unless something changes soon, I'm going long on Eur/usd. Right now I'm just waiting for a better entry price around 1.3387. Will post pictures later, have to make dinner and do the dishes. Raymond

4 Hour Strategy (MACD)

Palmer — You always seem to catch those trends. What do you look for in those situations? Do you see it coming or go down to a smaller time frame to catch it once it has started? Nice job, congrats Raymond

4 Hour Strategy (MACD)

2 pips — It is frustrating. I got stopped out by 2 pips and then it did go my direction. I'll give it a little more breathing room next time. However, on the up side things did happen like I thought. Thanks for the comments Raymond

4 Hour Strategy (MACD)

Trade — Here is a trade that is currently on. On the daily you can see the hammer formed from yesterday's price action. Notice the 21 MA and the trendline supporting price. Next is the 4 hr chart. The arrow is under the belt holding candle ...

4 Hour Strategy (MACD)

Trade — I don't follow this pair, but it looks like price was in a ranging period with a previous bottom at 123.45 so a round bottom was the correct signal (take RT and RB when price is in a range period and TC with you are in a trend). You ...

4 Hour Strategy (MACD)

Thanks — Thanks Baco and Palmer

4 Hour Strategy (MACD)

[quote=Palmer;3648980]Looks like bad data my friend.. Does this mean there is no fixing it?

4 Hour Strategy (MACD)

bad candle — Does anyone know how to fix an incorrect candle on MT4 platform. On all my EUR/USD charts there is a candle which goes all the way to 1.003.

4 Hour Strategy (MACD)

Possible trade — Here is a possible trade on my radar on the EUR/USD. We are in a consolidation period (4th wave of an ABC correction for those Eliot wavers). The red arrow is a strong bearish candle which indicates future lower prices. ...

4 Hour Strategy (MACD)

Book — Baco, I don't know if this is the answer GW would give, but his book recommendation on this subject is "Applying Elliot Wave Theory Profitably" by Steven W. Poser

4 Hour Strategy (MACD)

GBP — TC from breakout level, fib retracement, and 21MA on GBP. I did not take it b/c I still just wasn't sure about the markets, why I don't know. It looks like I missed a good one. Maybe I'll try to catch it on another time frame. Raymond ...

4 Hour Strategy (MACD)

EUR and GBP — Palmer, Welcome back. I completely agree with you on the EUR. I also think the GBP is a little out of wack (at least for me). I'm not even getting up in the middle of the night to check the 2:00am candle. Some extra sleep for me. ...

4 Hour Strategy (MACD)

trade — First of all, thanks to Ira. It takes a lot of effort to reply to people's posts and I just wanted you to know that it is not going unrecognized. Second I made a trade today from work, not the best entry, but I was at work with a ...

4 Hour Strategy (MACD)

Sleep — Ahh, sleep. I've been lacking some and tonight doesn't look like I'm going to catch up. Are you looking at the EUR? It's a good short, in my humble opinion. Edit: looks like I was wrong Raymond

4 Hour Strategy (MACD)

Trade and possible future trade — Well, I'm out of the trade at 45 pips. That was a lot of work for that small amount. I stayed in the trade for 3 reasons. First, WG stays in trades when he feel like thing go against him and then looks for the ...

4 Hour Strategy (MACD)

I was a early, so lets see Raymond

4 Hour Strategy (MACD)

Euro — I'm currently short the Eur at 1.3461 base on what I stated earlier. I'm a little off sides, -20 pips, but the trade still is valid with my rules. In previous chart the 61.8 was previous support and now (hopefully) will act as resistance

4 Hour Strategy (MACD)

Possible trade — I'm expecting a fairly large move short. Can't go into too much detail b/c it is not based on the 4 hr, more Eliot wave. The 38.2 fib was support and now is going to act as resistance. I'm watching the 1 hr and 4 hr charts for ...

4 Hour Strategy (MACD)

charting — When I do see things coming I try to post possible set ups. However, sometimes I'm at work and can't post from there,and/or it is the middle of the night and I just don't have it in me to do anything other than place the trade, get ...

4 Hour Strategy (MACD)

Follow the pink line — The pink line is the 55 MA on the daily that WG has brought up on his posts. By the way WG, we/I miss your posts. I bring this up b/c not only does is act as support and resistance frequently, but it was also a trade ...

4 Hour Strategy (MACD)