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ashes replied Feb 2, 2011long eurusd, bounce off 21ema, not supported by macd. r=70, 1/2tp=atr21=52, tp=104 edit: ecb didn't like my tradingplan ... sl got hit
4 Hour Strategy (MACD)
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ashes replied Feb 1, 2011eurusd currently stalls at last high resistance at around 1,3755, as 1h charts shows nicely. if price is going to make it through I may enter a bounce of 21 above that number on 4h.
4 Hour Strategy (MACD)
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ashes replied Jan 30, 2011eurusd for now 1,3700 has proven resistance. last week price hand climbed this high (and a little further) and the closer it had gotten the more emotional it became. on daily chart we are in an uptrend and could count with a continuation after a ...
4 Hour Strategy (MACD)
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ashes replied Jan 30, 2011@Raymond, good luck with your gbpusd trade. there should be a good chance for it to work out
4 Hour Strategy (MACD)
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ashes replied Jan 27, 2011a critical point as to which direction the price is going. a glipse on daily chart suggests corrective move next.
4 Hour Strategy (MACD)
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ashes replied Jan 27, 2011sl is below 21ema/lower channel tl at 1,3624, at -90 pips
4 Hour Strategy (MACD)
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ashes replied Jan 26, 2011going long on eurusd. price bounced off 21ema / lower channel tl and it closed above 1,3700 resistance, which, after so many unfortunate attempts to bounce off of it, might indicate a further rise of price. trade is macd supported since I came late ...
4 Hour Strategy (MACD)
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ashes replied Jan 26, 2011I'm suspecting a reversal too. that's why I have sikpped an entry yesterday 14:00gmt. 1,3700 seems to make for good resistance.
4 Hour Strategy (MACD)
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ashes replied Jan 24, 2011missed eu long 14:00gmt candle, couldn't be at the screen today. would have been a nice tc bounce of tl/8/21ema area, not supported by macd. by now 1/2 tp would have been pocketed, trade be and trying to break 1,3700 more entries to come
4 Hour Strategy (MACD)
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ashes replied Jan 23, 2011last week eurusd made it into long territory, breaking 1,3440, upper tl and daily 89sma. with another resistance ahead at about 1,3700 I'd expect retracement there, the latest. on 4h I'm looking for correction to freshly drawn tl from 22nd November ...
4 Hour Strategy (MACD)
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ashes replied Jan 21, 2011edit: took profit of other half at 2xatr21 = 124 pips good weekend to everybody
4 Hour Strategy (MACD)
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ashes replied Jan 20, 2011eurusd long. price has come back to previous resistance, now support area and bounced off of it. also bounce off 8/21ema area. signalcandle is highly emotional and trade goes against daily 89sma and macd divergence. I have entered the trade despite ...
4 Hour Strategy (MACD)
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ashes replied Jan 19, 2011nice trade, Raymond. have not taken it since it was entry right underneath resistance. congrats

4 Hour Strategy (MACD)
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ashes replied Jan 19, 2011welcome Crane, I suggest downloading the 13 lessons from Palmer's site url
4 Hour Strategy (MACD)
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ashes replied Jan 18, 2011definitely a way of capital preservation
I have been using multiple platforms, three of them, and it went well. Instead of checking the charts every four hours, I had to check them almost every hour. But I can't say that although having more ...4 Hour Strategy (MACD)
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ashes replied Jan 18, 2011what a nice entry this would have been ... but outside my trading hours ... trading just one pair requires a lot of patience, I've just had two trades this month so far.
4 Hour Strategy (MACD)
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ashes replied Jan 17, 2011eurusd on 4h could be a bounce off 21ema but with that huge candleshadow I'm not taking it. risk of lower high formation. I'm on the sideline. 1h supports rather shorts than longs.
4 Hour Strategy (MACD)