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alcastro replied Mar 7, 2007AJ, ur a wise man. ithink the cable will go my way. But, regardless, it was a bad trade. I jumped too son.
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Maybe ur right PIPS. I pulled the trigger too soon...and maybe it will cost me!!

4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Thanks pips. Regarding the GBP/US trade: I jumped before time. If it is going to be short I have to wait after the 1st. red bar has formed completely, and jump on the 2nd one, with 1 hr confirmation (that is what Phillips said in his excellent pdf). ...
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Tam, can you explain a little more your chart? Why is the t/l there? I don't seem to see that price bounced from it before. Why did you think it was going down? (other than the MACD pattern)
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007GBP/US — This post is about GBP/US (tus deseos son ordenes RAZLDAZL). I am oficially in with a short positiion. In @ 1.9279 s/l: 1.9302 (above t/l) t/p 1: 1.9196 MACD in 4hr showing a bounce from zero. MACD 1 hr confirmation. One question: are ...
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Hi Hipster, I've been short in this pair since 116.30. Closed half of my position at my 1st TP at 115.84. Waitong for it to drop further with my other half. So we're together in this one!! Opened a long position this morning in the US/CAD @ 1.1767 ...
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Ooops, Tam. Soooor
ryyy!!!!! I didn't mean to NOT thank you for that one. Thank you. It was short but nice.4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Tam, Don't worry. I am waiting for Mr. MACD. But anyways...even if he gave me the go-ahead I won't be able to do anything until 6:00PM (EST). So my hands are tied at this moment.
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Awwwww!!!! hold that price there until I am back at my computer and can short it!!!!!!

4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Steviet, I am right inline with your thoughts about the trading job. It is not about replacing one 9-5 job with another one. It is about replacing a job with and steady income that will allow you to have more free time to do the stuff that you ...
Steviet's Live Trades!
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alcastro replied Mar 7, 2007Tamkras, as always your analysis is great. I am waiting for the drop in the Euro. Right now I am at work, so I am hoping it will hold until I am back at my trading computer and can jump in....otherwise I will see it the pips falling from the ...
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Thanks Pips...the CAD loss was well deserved. That is why there is a system....and a set of rules. Phillip's system is simple and clear....and he said it clearly: "wait for the trade to come to you". The news may make that happen. We'll see
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Hi AJ, that is my course too. No signals during tradable hours this time!!! Would probably see them happen while I am at work too.
4 Hour Strategy (MACD)
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alcastro replied Mar 7, 2007Hi Pips, It is 1 hr after the 4:00 AM candle (EST), and no MACD signal yet.I have been waiting for it in the cable, the Us/JP and the Euro/Us, Nothing yet. The market is flat!!! I took a signal in the Us/Cad to the long side, at the 10:00 PM candle ...
4 Hour Strategy (MACD)
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alcastro replied Mar 6, 2007I will wait for a clearer confirmation. Even though the price in both Euro and GBP seems to be behaving as predicted. Probably will be jumping around 1 hour after the 4 hr candle close IF the trend continues short AND I have confirmation from 1 hr.
4 Hour Strategy (MACD)
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alcastro replied Mar 6, 2007Yep. Lets wait for the candle. Patience is the name of the game
4 Hour Strategy (MACD)
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alcastro replied Mar 6, 2007At the sidelines — I am currently sitting by the sidelines. i don't see any trade yet, but this is what i am watching closely: 1-GBP/US: Waiting for a Bounce from Zero in MACD to the short side. 2- US/CAD: Waiting for price to bounce up from a ...
4 Hour Strategy (MACD)
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alcastro replied Mar 6, 2007What is an inside botom? I can see the trade in the 1 hr chart, but I cannot see it in the 4hr. I guess you are hoping it will turn (the 4hr MACD) into a TC signal. What I'd do is wait for the bar in the MACD to paint red and that will give me two ...
4 Hour Strategy (MACD)
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alcastro replied Mar 6, 2007Yesterday? I saw the yen fall like a rock...and didn't jump in. So many pips passed in front of me, and not a single one ended in my account!! Well...today I bagged a few pips in my trades. Us/cad & euro/us.
4 Hour Strategy (MACD)
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alcastro replied Mar 5, 2007PIPS, I am trying to turn yesterday's frustration into some nice pips.We'll see. So far so good.
4 Hour Strategy (MACD)