Moving averages moving. — One factor which might be at play here with this moving average is your server. I dont know what you are using, presumably not MIG. Some servers dont use the weekend candle, the small one every five days. This will ...

4 Hour Strategy (MACD)

GBP — Some general advice for you really. Firstly, most of us here use the MIG version of mt4. That way we are looking at the same candles and charts as Phil, and this makes life alot simpler for all of us. That might be a good idea for you ...

4 Hour Strategy (MACD)

GBP — GBP; Level line and trendline working well then. More 5 mins trading here for me.

4 Hour Strategy (MACD)

USDCHF — Just to continue the analysis of the USDCHF. From the daily chart in my post you can also see the price has made a higher low, suggesting further upward moves. Also the price has come back top test a support level possibly before ...

4 Hour Strategy (MACD)

Nice charts. — Firstly welcome to the thread. I have seen your name at the bottom of the screen often, but we have not heard from you. I am not really going to answer your enquiry. Partly because i dont really care what the price is going to ...

4 Hour Strategy (MACD)

Welcome — Everyone is welcome Seki.

4 Hour Strategy (MACD)

Euro. — The Euro settled just onto the daily 89 sma.( I was thinking of the GBP earlier.) We will see if it finds support there. I have an old trendline on as well which has proved useful. I hope we are not in for more 365ema congestion at ...

4 Hour Strategy (MACD)

Longer term — I am keeping an eye on the longer term charts. We see the GBP found support on the daily 21ema and is getting abit stuck here with the 89sma nearby with the 365 and the 150 ema that i use on daily charts. The Euro is heading ...

4 Hour Strategy (MACD)

All of our trades are defined by money management. We had had a long discussion about the most effective ways to handle this on going issue afew weeks back. The 4 hr candle looks like a nice big one for alot of pips, but smaller time frames show the ...

4 Hour Strategy (MACD)

Agree — This is a sensible approach. However with an effective 5 minute strategy trading can continue. Phil has often suggested people learn one to deal with days when there are no 4hr trades, and indeed, in conditions like this. There are ...

4 Hour Strategy (MACD)

Hhhhmmm — There are some signals around this morning but looking at my 5mins charts, i didnt like the trades beginning before the close of the 8am candle. This is my personal feeling here and so i picked off smaller sums on my 5mins. It seems ...

4 Hour Strategy (MACD)

Rhythm — Hey, Sukarno. Firstly i see that you charts are not looking the same as mine. This suggests you are using another mt4 platfrom with another server. Most of are using a MIG mt4 because it shows the same candles as Phils, so we are all ...

4 Hour Strategy (MACD)

I dont know if anyone stayed out because of the news, they havent said. I was in and out before then, but not to avoid the news. Phils believes as you rightly say, that the news is factored in and therefore the only two news events definitely to be ...

4 Hour Strategy (MACD)

Nice entry — Great entry Ira, i was cautious and went out of the room whilst i was waiting, and then my entry passed.........so i got in slightly late, but had two lots and an exit planned.......as usual.

4 Hour Strategy (MACD)

Candle body — Using the candle body as a stoploss was a tip Phil showed us the other week and a useful one i feel. I shall bear this in mind.

4 Hour Strategy (MACD)

Good questions — When i was looking at this trade, there might have been some retracement so i considered a good stop might be the high of the candle body. That would be about a 34 stop. Not as high as the tail or 21ema, far to far away. This ...

4 Hour Strategy (MACD)

Euro. — The Euro finally kicked off, except i was not present when it did so and missed a better entry which was for me at the Daily Open line. However, i had a target line at 1.5643 which has just been reached and i have closed both lots for ...

4 Hour Strategy (MACD)

Sensible play. — I agree with Yorik for the moment at least, this is the sensible play. The price has support here which needs to be broken. It may even end up being a 50% retracement trade entry which is at 1.5714. Patience.

4 Hour Strategy (MACD)

Guesses.......... — Well, i thought it might develop into a pin bar but it is an outside bearish bar, or bearish engulfing if you prefer at the moment. So that says short. Where is the exit now.......200sma possibly.......a trendline there as ...

4 Hour Strategy (MACD)

My only reservation with this Euro TC is that it has fallen along way to the low of the previous day and stopped there, the daily open is near also. Perhaps its due for a break before continuing south. We shall see how it works out. ( We also have ...

4 Hour Strategy (MACD)