No problem nic I have also taken two positions on Eur Aus The first for reasons similar to the EurJpy - 21 ema pullback set up with macd signal The second is because it also broke a trendline and pulled back in the 30min chart. There is a higher ...

4 Hour Strategy (MACD)

Looks like a nice set up in EurJpy Price has pulled back to the 21ema, now looks to be heading higher There is a chance of a larger pullback to the lower trend line but the 1:4 RR plus other technicals make the trade worth it for me. We may see 1 or ...

4 Hour Strategy (MACD)

Hi Nic, I fully agree with the overall outlook of NzdUsd - It looks set to come down. This just leaves it as an issue of timing, and in my opinion we have a slight problem at the moment. In the 4h chart we made a new low, followed immediately by a ...

4 Hour Strategy (MACD)

Update: Closed out my EurJpy trade, made up for the EurGbp and EurUsd pairs I got stopped out on plus a bit extra. There seems to be a broadening top pattern appearing in the 30min GbpCad pairs. I have closed out my trade and will wait and see ...

4 Hour Strategy (MACD)

Looks like a nice set up on GBPCAD forming Price broke out of trend line, pulled back to trend line and 21ema+89 sma Overall trend is bullish Personally I will likely take the break of this 4h candle, if it is a bullish candle that is how I would ...

4 Hour Strategy (MACD)

Stopped out on EurUsd and Eur Gbp for small loss, I had a very tight stop. In fact I think this might have even been a case of too tight a stop because I am not yet convinced that set up is nullified. I will wait for the close of this 4h candle, we ...

4 Hour Strategy (MACD)

Same sort of set up on Eurjpy and EurGbp as well I have taken.

4 Hour Strategy (MACD)

Nice looking counter trend trade on Eurusd. It is a counter trend trade so more risky. I have removed some of the other moving averages to give a clearer picture, pullback to 21 ema which also is a support level. Turned at 61.8% as well. It's ...

4 Hour Strategy (MACD)

Already short the NzdUsd, I think its going down to at least the .64 level, possibly even 0.6000 from there. Non farm payrolls will cause a lot of volatility on Friday which is worth considering closer to the time. I will likely look to add to the ...

4 Hour Strategy (MACD)

Hi Nic, I find that sell off very interesting just before USD news release at 3pm. Does make me wonder if this is coming down to the 1.3064 - 1.3015 area. I'm already long with my stop below the area mentioned above so I won't be chopped up if it ...

4 Hour Strategy (MACD)

Didn't quite get back there by the looks of it, doesn't matter, you should be able to hit this on the pullbacks all the way up to the 1400 level

4 Hour Strategy (MACD)

I agree - I have the 1.30086 level, either way I think now is a little premature

4 Hour Strategy (MACD)

USDCAD - could be showing a chance to get on the push higher from 21ema Will have to see how it plays out

4 Hour Strategy (MACD)

Looks like a nice opportunity setting up on copper (for those who trade it), a nice pullback to the 4h 21ema before heading lower.

4 Hour Strategy (MACD)

Hi Nic, The NzdUsd likely moved higher due to major news coming out today, the first is supposed to be around 3pm and is the price of dairy which has a large effect on the NzdUsd, the other is tonight at 11:45pm with Nzd unemployment rates. If the ...

4 Hour Strategy (MACD)

Hi Nausting, No problem I am happy to help if I can You are correct in what you said, the news often will confirm what is on the chart. The reason for this is because those who already know the result of the news "the smart money" have already ...

4 Hour Strategy (MACD)

Hi Nic, I think this is a very fair assessment. No doubt for me this thing is coming down but I would prefer not to commit just yet. The NZD pairs showed on the last rate cut why it can be best to wait until after. That does mean sometimes missing ...

4 Hour Strategy (MACD)

Hi Yvon, Nice to hear you are relaxing with some time off, I think it's always a good idea. Especially as you kept the thread going almost single-handedly at times! You deserve a break Yes I agree the EurUsd is heading lower, to be honest ...

4 Hour Strategy (MACD)

Wow the volatility on Friday was unexpected! Got stopped out at b.e but should be another chance to jump on a few pairs heading lower this week. Naustingfx - it is a nice set up on the AusUsd, but don't forget there is a rate decision by the RBA ...

4 Hour Strategy (MACD)

Hey guys, Nice to see the thread still going, even though it seems to have died down a little - I haven't seen tradmin post for a while Glad to see you are still here nic, hopefully the trading is going well for you. Just thought I post a ...

4 Hour Strategy (MACD)