Hi Nic, This is the issue I have at the moment, the USD index which is the USD paired against a basket of currencies is showing signs that it is losing momentum. I certainly agree the AUSUSD is in a downtrend and we don't necessarily want to be ...

4 Hour Strategy (MACD)

Gold Break of 21ema and pullback to 21ema and 89SMA MACD gave a TC signal, with no MA's as target, the next level is previous broken support as shown in chart. WARNING: This trade has the potential to make another pulback to fully reach the MACD ...

4 Hour Strategy (MACD)

AusUsd Price is forming a kind of triangle pattern at the 21ema. There is a lot to suggest to my mind that the high probability trade here is a temporary long on the AusUsd with the MACD zero line pull through being the set up and a move to the ...

4 Hour Strategy (MACD)

It has stopped just short of reaching the macd zero line and the turn away isnt strong it is technically still in a short term 1h bull market. It may well turn lower from here, looking at the other currencies it could well do. Nzd looks weak USD ...

4 Hour Strategy (MACD)

Hi Nic, I'm just not convinced this is the start of the bigger move down. I may be wrong, equally you may be able to squeeze some pips out of it but I'm just not convinced by this yet. I am waiting for one more pullback before it heads lower if I am ...

4 Hour Strategy (MACD)

Heads up: A nice clear set up seems to be forming in the EurGbp A look at the 4h charts gives us a pullback to the 21ema and a MACD zero line signal long When moving down to the 1h chart we can see a nice triangle seems to be forming. The entry ...

4 Hour Strategy (MACD)

The EurJpy trend line didn't hold as I expected it to. I anticipated greater EUR strength over JPY strength however there is no point denying what we see with our eyes right? Price broke the trend line and has now pulled back to no less than FIVE ...

4 Hour Strategy (MACD)

Hi Nic, Good work buddy I agree with your analysis. I think this is a little early to get in at the moment but if we get a pullback to the macd zero line and then a good signal away from the 21ema and the .650 level it could the start of ...

4 Hour Strategy (MACD)

Hi Nic, Personally I wouldn't take that tarde as the R:R is minimal as setting your target anywhere past the bottom trend line is asking for trouble. But, as per the rules of 4h macd, I think that trade seems to tick all of the boxes even taking it ...

4 Hour Strategy (MACD)

Hi John, The indicator setting is 5,13,1 however some platforms will only allow a minimum of 2 for the third setting. So for example mine is set at 5,13,2 because of this, but it doesn't make any difference apart from seeing the two lines ever so ...

4 Hour Strategy (MACD)

Hi Ross, Id say Eurusd has one last pullback left before heading higher, will look to get in on it tomorrow given the chance!

4 Hour Strategy (MACD)

Update: I closed out all nzd/aud pairs except for aususd for over 1000+ pips profit I still believe these will carry on in the same direction however it seem clear to me central banks must have intervened for stability so I will wait for it to ...

4 Hour Strategy (MACD)

Update: Closed out NzdJpy for a 600+ pip profit These movements are quite unbelievable, I know the stock market chaos has a lot to do with it but it seems something else may have come out. To be honest these moves are somewhat frightening! Up 500+ ...

4 Hour Strategy (MACD)

Totally agree well said. If the GbpNzd plays out it looks like one to hold for a bit

4 Hour Strategy (MACD)

Hi nausting, I pretty much completely agree with your analysis on the NzdUsd, the only thing that concerns me is the new low made on the daily time frame. It just looks too early for me to get involved here, as it stands I am anticipating a break of ...

4 Hour Strategy (MACD)

GbpNzd Price looks to have completed a large triangle pattern with wave 5 overshooting and coming back in Price then moved above 21 ema and pulled back to it. Of course, nothing is certain in forex but this looks like a great set up in my opinion ...

4 Hour Strategy (MACD)

AudUsd Made new low after messy period over the ma's. New low suggests a further a move lower, I anticipate down to around .70500 level and will be looking to add to position from here if given a good opportunity.

4 Hour Strategy (MACD)

NzdJpy Broke out of consolidation zone, as long as this breakout holds we could se moves down to the .78-.75.50 area I will try and hold onto this trade and add to it rather than take a short term profit

4 Hour Strategy (MACD)

Make or break for the NZDUSD??? NzdUsd looks interesting going into next week. It made a new high as I suggested was traders expectations in my last post. How high it goes from here, or if it goes higher past the trend line at all, who knows. There ...

4 Hour Strategy (MACD)