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Pipsi cola replied Feb 15, 2008and I would like to encourage all traders (also myself) to post their trades like Philip does it, including the chart and a brief explanation. Then others will understand you better and give their recommendations if something questionable stands out ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 15, 2008usd/jpy — although not the best, but the setup was there. i look at it and seems to me that it was one of the losses. i think other jpy pairs also fell just like that. could be something fundamental as well.
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 13, 2008usd/cad — don't know about you, but my platform is still working on a short signal. if the signal is given it might actually be a pretty nice trade. Ryan is right, it is very important to wait for the signal and confirmation. edit: the last ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 13, 2008Hi Steve, Welcome to Forex! J It doesn’t matter what currencies you are trading, what type of graph you use, what time frames you look at, how many pips you average a month, etc., IF IT WORKS FOR YOU. You have to start out and give it a shot. Most ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 11, 2008i am also being cautious. mainly because of the 50 pip candle. not sure where to put the stop loss.
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 11, 2008Eur/Usd today II — the long trade was a 50/50 shot just like EricthePip stated above. but the short trade was at least 51/49
the short trade was a nice early entry to position for a TC on the 4hour. and most importantly it was confirmed by ...4 Hour Strategy (MACD)
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Pipsi cola replied Feb 11, 2008Eur/Usd today — excellent trade bshadroo! i didn't like the long 1h confirmation candle after the evening star. and when the shooting star appeared after the 61,8% pullback, i guess i was not focussed enough. just lack of experience, but i'm ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 7, 2008u/j — the breakout didn't come during the asian session. now you can see the importance of getting a good entry price, taking partial profit and going BE asap. obviously it was a premature entry.
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 6, 2008very nice positioning on the u/j. it should speed up during the asian session. i bet Philip is sitting in this as well. try to take less setups and it will improve your success rate. having patience to wait for the best setups pays off.
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 6, 2008Hi, Q1. if you believe in the move, the way to do it is to use the profit from the 50% of the position to lower the stop loss so that the whole deal breaks even if the stop loss is hit. this way you give your position more space to breathe. just ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 4, 2008E/U Trade — short e/u @ 4814. stop above the triangle. small candles, macd turned down. anticipating a move towards the 89sma. edit: stoploss set to BE edit: took 50% off the table @ 45 pips profit edit: another 50% profit taken @ 85 pips (1/4 ...
4 Hour Strategy (MACD)
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Pipsi cola replied Feb 1, 2008usd/cad — big news for both usd and cad coming out in an hour. just be aware. p.s. good for those that took the TC on e/u and even better for those that took a day off because of the NFP.
4 Hour Strategy (MACD)
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Pipsi cola replied Jan 28, 2008Happy anniversary! — Hi Philip and all, Today's trades have been a nice birthday present for all of us who took them. Today it's been 1 year since Philip started this thread. Congratulations to you Philip and long live this thread!
4 Hour Strategy (MACD)
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Pipsi cola replied Jan 24, 2008e/u — very good trade actually. congratulations! i'd take partial profit around 4680 (previous high) and see if it can break past the 89sma on 4h with the remainder.
4 Hour Strategy (MACD)
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Pipsi cola replied Jan 23, 2008Thanks to both of you Golfer and Philip for continuous studies of the market. You help us - new traders - a lot.
5Min Intraday System
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Pipsi cola replied Jan 23, 2008eur/usd — i'd say it is not trade-able right now. the price is all over the place.
4 Hour Strategy (MACD)
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Pipsi cola replied Jan 19, 2008e/u — could it be that eur/usd continue downwards from here? as you see on the 4h chart the support level @ 4600 has been attacked 8 times while the resistance level @ 4700 just 3 times. there is also a descending triangle pattern which is ...
4 Hour Strategy (MACD)