Thanks Golfer for your feedback. I have some uncertainty about the entry though: Would you enter after the close of the power candle/opening of next candle, at green line (entry A, one candle before MACD TC signal) or wait for the MACD TC signal and ...

5Min Intraday System

eu — nice pullback with MACD TC. After the previous run of 80 pips I wanted to see a deeper retracement into the war zone, so I missed out on it...

5Min Intraday System

I use a money management system based on % risk. I'm conservative with my risk so for now it's 1% for each trade. So if I put in $1,000, my risk is $10. If the stop loss for the specific trade is 50 pips, the pip value is 20 cents, the equivalent of ...

4 Hour Strategy (MACD)

why not just leave the 1st position open after 25 pips gain and move the s/l to BE, that way we save the spread in not closing out the 1st position and not opening the second, but with same result.

4 Hour Strategy (MACD)

Great trade saka, I can learn a lot from your example... I didn't think of just targeting the recent lows which would have given a decent 20 pips +... well, still learning something by watching you guys and of course the price rhythm.

4 Hour Strategy (MACD)

It has been ranging between recent lows and 61.8 ret level, showing tails and indecision since Wednesday, I'd prefer a more pronounced bounce from 21ema.

4 Hour Strategy (MACD)

EUR/USD — could be an interesting setup in about one hour (0:00 MIG candle) pin bar from 21ema and 50% ret, long nose (although not protruding a lot above previous bar) although it looks unlikely that it will go down much undoing the steep ...

4 Hour Strategy (MACD)

nice trade bshadroo, I also liked that price bounced off near the 38.2 level

5Min Intraday System

ok, I see the entries, but how would they have been supported by the MACD in the context of the 4HMACD system? maybe a ZB? Thanks

4 Hour Strategy (MACD)

I'm not sure why you were (theoretically) considering a u/j short, I thought it was more the question of anticipating a long in case the 4H MACD would show TC, supported by the daily at that time...

4 Hour Strategy (MACD)

On the candle stick or bar charts you can't always see the periodic spread widening, but in the drop down menu when you select Min/Max, you will see exactly the spread history, especially if you zoom into 5sec charts.... helped me to define where ...

4 Hour Strategy (MACD)

Also finding support around that 1.9740 at 61.8% fib level, then resistance at 38.2, then support at 61.8% again..... interesting

4 Hour Strategy (MACD)

EUR/USD — MACD higher low (and divergence) with Pin bar I have two pending orders to go long at 1.5553 (50% ret) and at 1.5544 (62% ret) If it goes back up without touching those levels I'll miss out as s/l is too big, and the 21ema to close

4 Hour Strategy (MACD)

maxster your method to time entries seems great, I read your posts with great interest and learning, although I don't try to copy it yet, I feel that I could get burned easily.

4 Hour Strategy (MACD)

GBP/USD took profit on 2nd entry as it moved up to 1st entry level (+20 pips) and moved the stop loss of remaining position to -20 pips for a free ride. Next target got it at 1.9712 (+20 pips) as I couldn't watch that trade and let the profits run. ...

4 Hour Strategy (MACD)

that's interesting, thanks napeharm, will try it and play around with the trendlines. I'm often surprised that even though I thought that I got most major trendlines and S/R, that there are some obvious ones I missed....

4 Hour Strategy (MACD)

ok great, I feel less lonely now.... what is your entry strategy on such huge candles? scaling in on the move down, or scaling in on the move up? Kind regards

4 Hour Strategy (MACD)

yes, you are right, it's a risky entry, and my s/l is a bit too big for my targets.... nevertheless I added another position at 38.2% fib of last candle. I'm not sure if I prefer entering 1 position at the close at last candle and adding up as price ...

4 Hour Strategy (MACD)

GBP/USD — long @ 1.9689 s/l @ 1.9645 MACD agressive turnaround and bounce from trendline targets: 8ema, trendline, 21ema

4 Hour Strategy (MACD)

MACD_Colored_v102.mq4 and description

4 Hour Strategy (MACD)