A half decent 5 min method would have picked up the entry for this with or without the 4hr macd anyway, later than the retracement entry though.so perhaps invest in one.

4 Hour Strategy (MACD)

I am out at 1.9690 for +24 with one lot.

4 Hour Strategy (MACD)

I will download one later saka and take a look and see how it is, thanks for the tip.

4 Hour Strategy (MACD)

I am plotting this as a good exit on GBP at around 1.9655.We will see.

4 Hour Strategy (MACD)

I got mine straight from Alpari, its set at GMT i think.

4 Hour Strategy (MACD)

Cheers saka, thats what i wanted to see, we looking at differant stuff on our charts.

4 Hour Strategy (MACD)

GBP — You people have the jump on me then because i have no TC on GBP.

4 Hour Strategy (MACD)

Euro.

4 Hour Strategy (MACD)

I got my wish then. Euro macd turned red on the last bar, so no ambiguity about going long. I am happy now.......

4 Hour Strategy (MACD)

I dont know about you people, but somehow i dont want the Euro to go up, its looking tired and ambiguous. Also i use a 40sma and its just under it implying to me resistance. We shall see.

4 Hour Strategy (MACD)

Exactly.Refreshing clarity........

4 Hour Strategy (MACD)

Nice to see you back Ira.

4 Hour Strategy (MACD)

Two bar highs=lines drawn in the sand on both Euro and GBP, we will see if they hold.

4 Hour Strategy (MACD)

My Euro at the mo.

4 Hour Strategy (MACD)

Maxster; In agreement with your entry and exit there, its not a big day and take what you can, i think your trade was fairly near the maximum.

4 Hour Strategy (MACD)

Since we have time today i will indulge for a moment and dissect the GBP trade as i saw it. Pardon me posting a 5 min chart but its clearer to see. The TC short was a good signal, the 4hr bar was an outside bearish one confirming the signal also. I ...

4 Hour Strategy (MACD)

Target reached, if i could have stayed with it another +28.

4 Hour Strategy (MACD)

Looking back, i noticed i actually entered the GBP TC 5 mins or so before the end of the bar. That was unintentional. I heard the alarm for the bar close and saw the trade happening and just pressed the 'do it now' button. Of course my alarm was set ...

4 Hour Strategy (MACD)

You pays your money and takes your choice. The GBP heading further south. I am glad i exited so as not to wait another 45 mins for that. We shall see if it reaches anyones target. Mine if the red dashed line. I have not re entered on 5 min chart, ...

4 Hour Strategy (MACD)

GBP did blow me a kiss in the end. I took the TC short at 1.9717 then and exited at the low for the previous day for +10 where the price has stalled, for the moment. I did have a longer target of a trendline at around 1.9670. Realistically after the ...

4 Hour Strategy (MACD)