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- Morelands replied Feb 20, 2010
Just making a little fun — No, I'm not that upset. I know with more time, studying, and trading my confidence will grow and my trading will improve. This year has been good to me so far. I was just having a little fun. I do take this very ...
4 Hour Strategy (MACD)
- Morelands replied Feb 20, 2010
My trade exit — Here was my exit strategy on my GBP/USD. I got some nice pips, but when I compare mine to WG's it was small. I really was looking for it to go to the 100% retracement or the 121%, but here's what happened. For those who are ...
4 Hour Strategy (MACD)
- Morelands replied Feb 17, 2010
trade — Sorry if it was not clear. Yes, it was and is for a short trade. You can see on the daily how price had found support off of the 21MA previously (see red vert. line) and how price found support in that previous range and now would act ...
4 Hour Strategy (MACD)
- Morelands replied Feb 16, 2010
Possible set up — Well, so far so good. Price on the daily has gone back to the resistance area (blue rectangle) Previous resistance from the daily 21 (see arrow) and where price has found support before. On the 4 hr the 89 has provided ...
4 Hour Strategy (MACD)
- Morelands replied Feb 15, 2010
GBP — This is the Daily chart of the GBP. Looking for price to go back to the blue rectangle and then looking for an entry on the 4 hr. Let's wait and see Raymond
4 Hour Strategy (MACD)
- Morelands replied Feb 10, 2010
Channel — Looks like price is in a channel, but I'm sure you already have seen this. Longer term I believe a short trade will present itself. I'm going to look for something around the top of the channel, a lower high or even one of your ...
4 Hour Strategy (MACD)
- Morelands replied Feb 10, 2010
Going long? — Neil, I would be very careful with your trade...going long. Price recently broke out of box range and broke below the TL I have in on the daily. I'm looking for a signal to go short, if there is one
4 Hour Strategy (MACD)
- Morelands replied Feb 3, 2010
Trade — Did anyone take the EUR? I saw it, but was unable to participate b/c I was at work. The 1st chart is the Daily...price found resistance off the 8 EMA on Mon and Tues of last wk, so it might find resistance again. The 2nd is the 1hr ...
4 Hour Strategy (MACD)
- Morelands replied Jan 23, 2010
Looking forward to your review of the trade Raymond
4 Hour Strategy (MACD)
- Morelands replied Jan 20, 2010
I think you are talking about the color MACD indicator that is green and red. You can find that at Palmer's site...fxtradeblog.com
4 Hour Strategy (MACD)
- Morelands replied Jan 19, 2010
Closed trade — I also closed my trade. I close b/c the the purple dotted line and price action on the 15 min time frame showing strong support. The purple dotted line is the 32% retracement fib from the daily dating back from April 21st of ...
4 Hour Strategy (MACD)
- Morelands replied Jan 19, 2010
Trade for the day — I entered early on the EUR/USD. If you look at the 4 hr there are 2 dojis with the second one with a lower high, no TC yet. On the 1hr you can see the lower high on the one hr (see arrow). I enter after the close of that ...
4 Hour Strategy (MACD)
- Morelands replied Jan 17, 2010
Thanks WG, I learned a lot of it from your videos.
4 Hour Strategy (MACD)
- Morelands replied Jan 17, 2010
That was great Niel and Time1300! It is really about interpretation and a piece of the puzzle. However, all of our charts, whether it was the ABC correction or the 5th wave, showed that a down move was highly probable.
4 Hour Strategy (MACD)
- Morelands replied Jan 17, 2010
My interpretation — Here's my understanding of the wave. I'm not an expert by any means, but the second wave was very short in terms of length. When the second wave is that short, you would expect the 4th wave to be long in terms of length and ...
4 Hour Strategy (MACD)
- Morelands replied Jan 16, 2010
Analysis — Here is my analysis hoping to spur some discussion. The EUR/USD I think is possible going to break out of this 4th wave consolidation to go to at least it's previous lows of 1.4220. On the daily I have shown a blue rectangle showing ...
4 Hour Strategy (MACD)
- Morelands replied Jan 13, 2010
AUD — I took the AUD trade like others. I posted the Daily yesterday..evening star on the daily and was also looking for a TC on the 4 hr or other candle formations with indicated to go short. I actually did get a TC, but I could not see it at ...
4 Hour Strategy (MACD)
- Morelands replied Jan 12, 2010
Daily Evening Star on Daily — There is a evening star on the AUD Daily. Looking for a signal on the 4 hr... a possible TC with price below the 21 MA
4 Hour Strategy (MACD)
- Morelands replied Jan 6, 2010
I know you just have to add a zero after each number...15 to 150, but I have not done it to the custom indicator program. So if I want to focus in on it I just add the zero, but as soon as I change screens it goes back to the default (just being 15, ...
4 Hour Strategy (MACD)
- Morelands replied Jan 6, 2010
AUD trade — Here is a slow trade I'm in for the day. The first chart is the daily. It shows a (almost) belt holding candle that broke though the neck line of the previous down moves from before the holidays. The next chart shows the fib of ...
4 Hour Strategy (MACD)