It just hit the black channel line, lets see what will bring the news tomorrow. Current rise should target 115.49 resistance. On the downside, below 111.95 minor support will turn bias neutral and bring consolidations first. image

4 Hour Strategy (MACD)

I am watching current development at UJ image

4 Hour Strategy (MACD)

I just closed my long positions with a nice profit. I think that the created gap will be closed, so I decided to close the positions.

4 Hour Strategy (MACD)

How do you do it orangeRANGE? Do you trade full time? You are aware of so many currencies...

4 Hour Strategy (MACD)

You were right orangeRANGE it goes north, image

4 Hour Strategy (MACD)

Ohh that one I would like to trade !

4 Hour Strategy (MACD)

USD/JPY is staying in consolidation above 108.12 after MACD double bottom, divergence, round bottom (5 candles). Though I would expect upside of recovery to be limited by 89 which is currently at 110.10. Lets wait for the news if something happens. ...

4 Hour Strategy (MACD)

Watching closely USD JPY, so far the MACD double bottom, divergence. I am analyzing possible close above 21, retracement to 21 and targeting 89 as part of correction after hitting the support 108.12. image

4 Hour Strategy (MACD)

Hi buyorsell, yes I am still trading this strategy. I think it is the most effective strategy so far. The thread is calmer since the Phillip Nell cannot post any messages any more.

4 Hour Strategy (MACD)

I tried the strategy this monday. So far it looks very interesting. I managed to get around 400 pips. I traded on 15 min chart.

Gamblers 5 and 15 minute trading system