1hr. — The intention of the 1hr entry is to capture a TC on the 4hr when the macd. doesnt give a green bar, for instance for going long. It is not intended as a method in its own right, it just serves the odd occasion for the 4hr entry.It is ...

4 Hour Strategy (MACD)

Picked off another +11 on the Euro on my 5 ins charts. This 4hr bar is going to be a huge one to trade from if it closes anything like this.

4 Hour Strategy (MACD)

GBPCHF — Quick short on this pairing. Entry at; 2.0356, exit 2.0338.No real targets in sight so i exited when it slowed around the previous days low for +18.

4 Hour Strategy (MACD)

Ok, thats fine........I will send you my views on the thread and the benefits its has brought to my trading. I urge other contributors to do the same so Phil can get an overview of the value of what he is doing and define what we want/expect from ...

4 Hour Strategy (MACD)

Phil;My chart for the trade was posted number 14054 if you missed it there page 937

4 Hour Strategy (MACD)

Also, as i pointed out much earlier, the previous day was an inside bar and the direction would be confirmed by a break of the high or low of the bar. This proved to be so and could have suggested a later entry for those who missed it.

4 Hour Strategy (MACD)

I was surprised others didnt take this, unless it wasnt shown on their platform times. Other than that is was a perfect example of the 4hr method. Exit was tidy as well and clearly shown etc.

4 Hour Strategy (MACD)

Phil; Re the Euro trade, i took this as you have shown. Down to the trendline and out for +50.

4 Hour Strategy (MACD)

I have downloaded both PDF's from post 1, and they are fine...........

4 Hour Strategy (MACD)

The short movement on the Euro has broken down for the moment. The price broke the lower trendline but has pulled back inside it, so it is in a way still intact. A number of possible short exits were possible, depending on which reference points you ...

4 Hour Strategy (MACD)

Rest of PC is fine thanks, just OANDA screwing up, happens from time to time but i dont have a money account with them........Anyway, they blessed me with a connection and i closed for +55, but realistically was around +48 or so for that trade to ...

4 Hour Strategy (MACD)

That is my entry exit chart. I cant close the trade as such because i am not connected, but exit was the lower trendlline. Nice tail up to the short trendline before falling back.

4 Hour Strategy (MACD)

Thats my target reached at 570 should be +50 but OANDA is still offline........

4 Hour Strategy (MACD)

Should read 1.5620..........

4 Hour Strategy (MACD)

I took a short on the Euro TC at around 1.620. I was +27 or so before the demo i am using lost connection..........pick their moments dont they.(OANDA). Anyway, my target is a trendline at 570.See how that one goes.

4 Hour Strategy (MACD)

Yesterday was an inside bar on Euro daily and a break of the high/low of the bar should confirm the direction.

4 Hour Strategy (MACD)

I have looked at many years history on the 4hr charts, my conclusion,other than not counter trend trading, is to pick your target, make it a short achievable one and get out with what you can. In the case of the USD.CHF that would be an exit at the ...

4 Hour Strategy (MACD)

docdollar; I see no clear evidence for a trade on the USD.CHF in either direction. If you want to know when the price is going to trade beyond the 21ema down to the 89sma, the macd system will tell you and give you that confirmation. At the moment ...

4 Hour Strategy (MACD)

The Euro recently wasnt going to provide the best example of a range with a mid point, but it will have to do and makes the point. It is worth bearing in mind because it gives some idea of what to expect from the price. Each range, whatever size, ...

4 Hour Strategy (MACD)

Quite so, trendlines are not an exact science and are fairly subjective, but at least need to be representative of the direction of the price. This is my 4hr GBP. The currency is in a pathetic condition at the moment and i wont even consider a trade ...

4 Hour Strategy (MACD)