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- Fuiyong replied Jul 2, 2013
I find the Break of Zero and Zero Bounce trend most difficult to detect and trade. Many a times I thought it was happening but it did not so ended up losing the trade. The same applies for the EURUSD chart I have posted here. It isn't clear at the ...
4 Hour Strategy (MACD)
- Fuiyong replied Jul 2, 2013
Hi, Thanks for posting this. Went through the whole PDF file and must say I learned from it.
4 Hour Strategy (MACD)
- Fuiyong replied May 8, 2013
I have been observing this currency pair since Tuesday (7th May). If I had taken the trade, my target is about 32pips, loss about 24pips. Target is at the 89ma (daily chart, the orange thick horizontal line). And the profit: loss obeys the 1:1 ...
4 Hour Strategy (MACD)
- Fuiyong replied May 7, 2013
Hi, I follow some of the traders post on this forum and Naustingfx is one of them. Yes, he has posts his trades on this forum. If you just go to any of Naustingfx post recently, click on his name, another page will appear. Look up for "Post ...
4 Hour Strategy (MACD)
- Fuiyong replied May 2, 2013
Referring to the EURUSD 4hr chart, would it be a sane thing to take a trade and set the first target at the close of the 1200hr bar (sell trade)? Target is on the 89ma Daily (Yellow horizontal line) Stop loss on the peak of the white bar? profit : ...
4 Hour Strategy (MACD)
- Fuiyong replied Apr 18, 2013
I have taken these trade. Can someone tell me if these are if my analysis is sound. Please...... and thanks. image image
4 Hour Strategy (MACD)
- Fuiyong replied Apr 18, 2013
Hi, I thank you for explaining what ATR is. But can I do without it for now as I think I should concentrate on mastering the MACD strategy before getting involved in to many things like ATR. It sort of confuses me. I have been trading this strategy ...
4 Hour Strategy (MACD)
- Fuiyong replied Apr 17, 2013
I have not use ATR before and not sure how to use it.
4 Hour Strategy (MACD)
- Fuiyong replied Apr 16, 2013
Hi, Ignore my message to your reply. Yes I agree I have made a late entry. I expect my entry to be (right) next to the entry i have taken. To make the entry at the point (red candle) you mention, is that very high risk? Bcos the price could bounce ...
4 Hour Strategy (MACD)
- Fuiyong replied Apr 16, 2013
Hi, Thank for your comment. I think I understand your points. I guess if the SL is at the candle you mention, this trade would not have been possible since SL and profit raition is is 1:1. Thank you.
4 Hour Strategy (MACD)
- Fuiyong replied Apr 16, 2013
I took this trade on 15 April, Monday. Entry time 0800hr Exit time 1220hr Entry price 1.5312 Stop Loss 1.5340 Target Profit 1.5266 SL
rofit 1:2 Trade type: Sell The profit target is not set on 89ma on the 4hr but 89ma on the daily chart. In the end ...4 Hour Strategy (MACD)
- Fuiyong replied Mar 5, 2013
Are there any potential for GBPUSD? Is it likely going to move upwards and touch 89ma? Thanks for replying.
4 Hour Strategy (MACD)
- Fuiyong replied Feb 28, 2013
But the price has moved above the 21ma. Next target could be 89ma. If I read the chart correctly, going back to the recent past, the price moved above 21ma and touch 89ma before reversing down. Also 4hr and daily MACD is going up or continuous ...
4 Hour Strategy (MACD)
- Fuiyong replied Feb 28, 2013
Hi, can someone tell me if there is there a potential buy trade for GBPUSD? Is this what we call a continuous trend? image
4 Hour Strategy (MACD)
- Fuiyong replied Feb 26, 2013
Hi, Thanks for sharing. Before you adjusted the SL to breakeven, where was you SL when you first set up the trade? I have traded for 2 years now and still struggling. So I am still trying from the people here. Hope to get your support. Thanks once ...
4 Hour Strategy (MACD)
- Fuiyong replied Feb 26, 2013
Hi, what is your stop loss and target price? And on what basis do you set them? Thanks
4 Hour Strategy (MACD)
- Fuiyong replied Feb 18, 2013
I did this analysis before reading your post. I understand your analysis. I did not see the triangle pattern and probably not sure how to apply it anyway. But you have explained well. I took the trade at around 1300hr. I set the target at 21ma (I ...
4 Hour Strategy (MACD)
- Fuiyong replied Feb 14, 2013
Do I remember correctly of a video or article by the author of the use of the moving averages ... 8, 21, 89, 200 etc. I can't seem to find that video or article. Can someone tell me in which folder it is. I need to revise what the moving averages ...
4 Hour Strategy (MACD)