Tamkras, enjoy your rest. I hope to see you again here soon.

4 Hour Strategy (MACD)

Excellent chart and very sound analysis!!! you certainly worked for those pips. Well earned!

4 Hour Strategy (MACD)

10:00 PM candle (EST) — Ok, 10M (EST) candle just opened and I don't see a clear signal for the Euro or the Cable. Does any one sees something?

4 Hour Strategy (MACD)

Next candle closes in 1hr 15 mins — What do you guys think of the trades for the Euro and the cable? In the Euro I am looking at a possible continuation pattern to the long side. If it is confirmed when this candle closes I might jump in. If ...

4 Hour Strategy (MACD)

Hi Dire, I have heard that too from very seasoned traders. Usually they refer to stocks, whe the market closes and there is some after-market trading going on. I don't know if the case would be the same for Forex. We'll see...I guess

4 Hour Strategy (MACD)

Tamkras, In which time zone do you live? I am in EST, and as I said in aprevious post, it would be nice if we could chat and analyze our trades at least 15 mins before the 4hr candle closing.

4 Hour Strategy (MACD)

You are right. I think I jumped a little early, breaking thecardinal rule of patience, and waiting until this candle was closed. Now i have to hope for the best...this is not ideal since my outcome will depend more on luck than in analysis.

4 Hour Strategy (MACD)

Short on the EURO — I went short on the Euro (10:18 PM EST) @ 1.3131 MACD rounded top Stop @ 1.3157 - 10 pips above resistance Target profit @ 1.3104 (8MA & TL confuence) R;R =1

4 Hour Strategy (MACD)

PHILLIP, where are you located? Which time zone?

4 Hour Strategy (MACD)

Made some pips on the euro — I made some pips on the euro last night (I am in the EST zone). Could have done more but set a limit order at 1.3080 and went to sleep. Woke up this morning with this nice surprise. I am not jumping into cable ...

4 Hour Strategy (MACD)

You are right. I meant the EURO..but it is going up. Lets wait till next candle

4 Hour Strategy (MACD)

What do you guys think of the Cable? It looks like it is ready to drop. Forming a rounded top. Almost against daily high Waiting for MACD confirmation to jump in.

4 Hour Strategy (MACD)

For which pair Phillip?

4 Hour Strategy (MACD)

Good luck on your journey Mikhail. I am sure most of us are in a similar trip..ot preparing our bags for one. So your success will prove that it can be done. It has been done before...so I am sure you will arrive

Journey to me pot of GOLD

Black February — Hi Steve, I am with you in your annoyance. This February has not been good to this system. I still have big hopes for it because I see it as a reasonable way to make some money and build your capital while you continue to hold ...

Steviet's Live Trades!

Seems like you have a good system going on in here. Looking forward to it.

Simplicity is the Key

About post #233 — Hi Phil, thanks for your continuous posting with trade examples. This thread is a great learning experience on your system. I have a question regarding your post #233. The MACD has not form any discernible pattern that will ...

4 Hour Strategy (MACD)

Hi Pipple, I arrived to this thread after reading your post at Steviet's. Are you using his method?

Pipple's Easy Daily Trading Journal

The benefits of hindsight — Hi Phillip, I have some questions regarding which trades to choose. For example, in the chart (GBP/USD) in post #48 , there was a lower high just after the dotted line that is betwen Jan11 and Jan 15. Would you have ...

4 Hour Strategy (MACD)

Phillip, thanks for your answer. It makes sense. I am going through your PDF and I have found a pattern that I don't quite get, but where you seem to get a lot of pips from. For example, in the JAN 2006 chart, your 4th trade (that made +20 pips), ...

4 Hour Strategy (MACD)