hi, sorry just to ask, so wad is ur entry point? just to double check at which candle you actually entered ur trade. is it the candle that just started? or the previous one where there is a large drop?

4 Hour Strategy (MACD)

Hi i dunno if my drawing wrong or what but for me, the last part is actually outside the support line, that is to say, the curve caused by the candle is actually due to inability to go back to the support line.. Anyway GU also seem to be ...

4 Hour Strategy (MACD)

i just saw or realise, maybe i m slow, that there is a bearish divergence on daily chart. all i can say is, this is scary!

4 Hour Strategy (MACD)

if u ask me, it looks like it is going to turn around but macd hasn't shown that. Hai i bought in at the previous candle, only to be stopped out and reverse!

4 Hour Strategy (MACD)

awww so i was right about this trade but unfortunately i gave it a miss.

4 Hour Strategy (MACD)

anyone any thought abt movement of eur usd? — currently 11am (GMT +8) seems like eur usd is forming the round btm, and given the slight bearish divergence I see on macd ( much higher top on price, but same level on macd), I expect a down move? ...

4 Hour Strategy (MACD)

cos there was news just now .yen is weakening throughout though

4 Hour Strategy (MACD)

nah i did see the divergence coming but it is on hindsight I say this. I would have expect the shooting star candle (i think) to be the end of the uprun, but well it lasted another candle. But I will say this divergence is "spotable".

4 Hour Strategy (MACD)

image wow it can't stop dropping. I will say this is also a case of bearish divergence. the high is higher than previous high but yet on the macd, it is a smaller peak. Current price 1.4045 but i expect a possible retractment to8ema maybe?

4 Hour Strategy (MACD)

I am waiting for eur usd to hit the previous high of 1.4111. if it does so and reverse, probably will cause massive bearish divergence and that's the place to short!

4 Hour Strategy (MACD)

on retrospect this move might have earn u a 40pips to 1st MA, might not be a bad move considering SL is small, but ok I have digress from this system

4 Hour Strategy (MACD)

yeah u are right, seriously i have no idea where e pair will be moving! all e MAs are stuck there. Actually it all looks like moving in range

4 Hour Strategy (MACD)

u can try long with sl below the 1.3888

4 Hour Strategy (MACD)

EU EP: 1.4023 (start of candle) TP: 1st target : 21MA 1.3965 2nd target: 200MA 1.3895 SL: High of previous candle 1.4116 Enter because : MACD showing downwards move, with bearish divergence and the very bearish candle which closes within the ...

4 Hour Strategy (MACD)

just a after action thought, I didn't place the trade nor look at EUR USD pair previously but on H4, the formation of the few candles around the support line, together with a slight bullish divergence is probably a reason to enter the trade

4 Hour Strategy (MACD)

actually the 365ma is such a strong support over there (correction it's the 365)

4 Hour Strategy (MACD)

actually i do not really agree; drop in stock will probably result in the dollar pair to strengthen.. as what happens the past few days.

4 Hour Strategy (MACD)

teaching english in japan. do u happen to be from singapore? ha

4 Hour Strategy (MACD)

actually will like to ask , EU the move down to the 200MA, is that a possible trade. seems to be so..

4 Hour Strategy (MACD)

hmm does the website has what dan wants? i dun seem to see it .. hmm

This is a good indicator. Can someone please help me find it?