Well done Jim!!!

4 Hour Strategy (MACD)

Pips, you are doing great. And a loss is not really a loss if you learn from it (and you control the loss!!). You were getting spoiled with that 100% profitable record!!!!

4 Hour Strategy (MACD)

I'd like to add to Chandra's questions: I have tried to use the 1 hr. system to improve my timing entering a trade. But I have found that in the few trades that i have tried to do this the signals are conflicting. For example, US/CAD at the 6:00 AM ...

4 Hour Strategy (MACD)

USD/JPY — I am adding US/JP to my portfolio and my analysis is in the same line. I am going long at 118.47 t/p @ 119.10 (just under a horizontal TL. s/l at 118.00 (the low of the previous candle) In my opinion this is a textbook round bottom.

4 Hour Strategy (MACD)

the 10:00 PM candle (EST) — I am looking at the three pairs I usually trade: Euro, GBP and the US/CAD. On the GBP and the CAD I do not see any MACD pattern for an entry. On the EURO I see a rounded top, but it is against the trend. The target ...

4 Hour Strategy (MACD)

Tamkras, Your US/JP trade was a beautiful textbook trade: bearish engulfing candle, MACD showing the right pattern, and you managed your money wisely. Well done!!!!

4 Hour Strategy (MACD)

TwoEleven, I guess your t/p's are: 3250 and 3270?

4 Hour Strategy (MACD)

Well Chandra, I am writing this after the 6:00 AM (EST) candle. As you can see the two previous candles in the cable had tails that if I had stayed with my short position, would have hit my target price and I would have closed with profit. But I ...

4 Hour Strategy (MACD)

Here is what i see in the three pairs where i am applyng 4hr MACD: US/CAD: Looks like a ZTB (following Chandra's semantics) and a trend continuation to the short side-bouncing back from 21MA I plan to enter @ 1.1590 (it is below a TL). Stop @ 1.1615 ...

4 Hour Strategy (MACD)

Palmer are you still in the trade, or did you get out as soon as it hit 3200? Any thoughts regarding the possibility of a long continuation after bouncing from the 21 MA? I am not in, and will wait until the 10:00 PM (EST) candle to make any ...

4 Hour Strategy (MACD)

MACD settings at some platforms — When I try to apply this system's MACD settings (5, 13, 1) to other platforms different from the MT4 I have found that it cannot draw the histogram but only a line. I have tried it with the VT trader and ...

4 Hour Strategy (MACD)

Phillip, which is your time zone? Just to know which is the candle you are talking about. Thanks

4 Hour Strategy (MACD)

LOL Alpha, your pic sure shows how concerned you are! I cannot help you because I cannot check my charts here, but hopefully somebody can.

4 Hour Strategy (MACD)

Hi Alpha, ur right with your 21 MA assesment. I just put my limit between the 8MA and the 21 MA. I am very conservative in my trades, and if I am not looking them, like now, I put my limit higher (if I am short) just to increase my probabilities.

4 Hour Strategy (MACD)

6:00 AM candle (EST) — I am still in my cable short, but moved my limit up to 1.9607 since the 21 MA has moved up. This means that my R:R is lower than 1. Not good, but I am going to leave the s/l where I had it (1.9675), which is just above ...

4 Hour Strategy (MACD)

I agree Turk. My limit is at 1.9590. SL is @ 1.9675. In @9635.

4 Hour Strategy (MACD)

Ok, my MT4 is working again. Renewed my demo with MIG. Thanks to Palmer and Irusoh for that. It is 6:34 PM (EST). 3hrs 26 min. until next candle. I do not see potential trades on neither Euro, cable or the US/CAD (at least to enter at this moment) ...

4 Hour Strategy (MACD)

Hi Palmer, and everybody that responded to my post. I was a little surprised by the differences in the way in which I was reading the charts and what all of you were seeing. Then I discovered that my data flow had been interrupted and I was looking ...

4 Hour Strategy (MACD)

Trades for Sunday — Ok MACD traders (or shall i say Phillip's disciples?), here are two trades that I plan to open this Sunday, but would like to read your comments/advice/critics. US/CAD MACD pattern: bearish trend continuation Going with ...

4 Hour Strategy (MACD)

Brilliant document — Phillip, I have been trading for a year. Have read books, gone to seminars, et, etc. And this is the best explanation on how to draw TL. You are a true master in your craft!!! I am looking forward to your candle patterns ...

4 Hour Strategy (MACD)