GBP CT — I usually don't trade CT - but lately I been passing many real good GBP CTs - so I took this one and made a quick 33 pips. Because this is a CT trade I took all profit at first profit target. The price swing movement was beautiful.

4 Hour Strategy (MACD)

EUR Tuesday Morning — Lots of talk about the EUR TC today below is how I traded. Don't kow if many notice it but the TC was a smaller degree swing TC. It is a trending move within a larger correction. I only got 25 pips from it because price ...

4 Hour Strategy (MACD)

EUR Wrap UP — Phillip great wrap up! I want to point out the perfect TC patterns - they are 1 & 5. Go study those - you usually get one of these a week and it is pretty much the prefect trade I look for and I patiently wait all week for it. ...

4 Hour Strategy (MACD)

Yes that is pretty much it - but I don't use trendline channel breakouts or the MACD - I keep it even simplier - I use just the swing highs, lows and the swings 38%-62% fib levels. I follow the swings during the pullback and start to pay attention ...

4 Hour Strategy (MACD)

I currently trade per the 4H/1H TC rhythm - I look at the weekly/daily chart for significant S/R levels that price needs to work through and weather price is trending or in a corrective movement. I use the lower timeframes 15MIN/5MIN to pinpoint my ...

4 Hour Strategy (MACD)

The EUR MACD signals are counter trend but actually those entry points are trend continuations because the market speed was slow (along the 89). To expand your view on price movement study the higher and lower timeframes as well - they will allow ...

4 Hour Strategy (MACD)

You are thinking too much. The most important thing is understanding the flow of the price swings. It is very simple but it is also difficult to see. Once you see this flow the entries, exits and where to place the fibs become obvious and you will ...

Fibonacci Trading with Bobokus

Do you realize how odd or uncommitted that question is? That is like a person that wants to be a pro basketball in the NBA asking his coach how long do I need to practice or do I need to practice. If you want to make it replay every 4H bar using the ...

4 Hour Strategy (MACD)

This is the perfect trade — Look at the 138% Fib Target T1 External Fib Extension. The 15MIN swings had a very pretty nice rounding as the swings started finding support then moving to the upside.

4 Hour Strategy (MACD)

EUR breakout attempt — Hope some of you are onboard with a free ride. This is my third free ride trying to break this weekly corrective top - hope it finally breaks this time.

4 Hour Strategy (MACD)

You are correct that this may also be a good CT trade due to the lower 4H trendline - but I only do trending trades so I will wait for pullback. I expect price to move up to the 8 or 21 EMA with trending like 15MIN swings HHs HLs and will position a ...

4 Hour Strategy (MACD)

Don't know about LH but price has being trying to break the daily resistance area around 1.5900 and the corrective range is narrowing - look at the daily chart. Jump onboard the train if price breaks the resistance area as price may form another ...

4 Hour Strategy (MACD)

Looks like EUR dropped more - nice place for you to take some pips and put rest at BE. EUR is a little unclear to me on the 4H and there are support levels it need to break to move to the downside especially after yesterday's crazy gap down then ...

4 Hour Strategy (MACD)

I was watching the price action live earlier for both the EUR & GBP because I was in a GBP short earlier and there is heavy buying support for the EUR around the 50% fib or 21EMA area. Go peek at the 15MIN chart. I expect price to range here but ...

4 Hour Strategy (MACD)

Unless you have spent endless hours with GY I would stay away from that pair. But your stop should be below the support line of 198 and if RR is poor then let the trade go.

4 Hour Strategy (MACD)

GBP Price Movement — I want to share my view of the price action/movement of cable the last few days as it is very unique that one can see the swings all within the 1H and lower timeframe - the swings are simply beautiful. Also if you ...

4 Hour Strategy (MACD)

My GBP Trade — GBP moved with some very unqiue price action yesterday and today. Basically a smaller trending movement then a resulting corrective movement within a larger 4H corrective price movement. It has moved as I anticipated from ...

4 Hour Strategy (MACD)

I was also looking for an early entry on the GBP before the news but the swings never did get into a down trending rhythm on the lower timeframes after finding resistance between the 38% and 50% fibs of the last 4H/1H down move. I am still looking ...

4 Hour Strategy (MACD)

There might be brokers or websites that will host an EA or script but I am not sure. What I do is I have a very reliable internet connection at home in Canada and when I travel or not at home I use www.logmein.com to remote control my home computer ...

4 Hour Strategy (MACD)

EUR this morning — Here is how I followed the EUR this morning: From friday's close the daily chart price bounced nicely from the 62% fib of the last daily ranging swing - price appear wanting to test the upper daily range of 5850 from that ...

4 Hour Strategy (MACD)