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- BenStevo replied Nov 20, 2009
Wow, just had a look at U/C...its pretty identical alright. Even Daily has very similar formations. Nice trade as well neilbuc! I decided to jump ship at 1.4826 on E/U after price bounced off 1.4800 - an area tested as support 5 times already. No ...
4 Hour Strategy (MACD)
- BenStevo replied Nov 20, 2009
E/U short with 3 sisters — Am entering short again after another set of 3 sisters. Added bonus with tweezer tops on 2 candles, both sharing highs of 1.4934. Entry = 1.4870 SL = 1.4945 BE @ 1.4840 Target = 1.4758 (I have potential support on ...
4 Hour Strategy (MACD)
- BenStevo replied Nov 19, 2009
3 sisters — That is more of a triple bottom rather than 3 sisters. For 3 sisters, there needs to be 3 lower highs or 3 higher lows formed. Still, triple tops and bottoms tend to be very strong signals as well. I'm very tempted, but not sure ...
4 Hour Strategy (MACD)
- BenStevo replied Nov 18, 2009
E/U short — Nice 3 sisters now on E/U. Daily also suggests some down movement with the 12th and 17th November daily bearish engulfing candles. I entered a bit earlier with the pin bar (where 3rd white arrow is). Now added to my position with ...
4 Hour Strategy (MACD)
- BenStevo replied Nov 9, 2009
Nice trade Morelands, I'm short since 20:00 bar as well (1.5000 level) - liked the nice small dojis at resistance level. Targeting 1.4930 ish tho may be a bit optimistic. Anyway, trade is at BE now.
4 Hour Strategy (MACD)
- BenStevo replied Nov 3, 2009
There are indicators for 4 and 5 digit brokers at url . If you look under 'The Method' and then 'Method Tools' you'll find it.
4 Hour Strategy (MACD)
- BenStevo replied Nov 2, 2009
Phillip, you continue to inspire! Thanks for the ongoing posts.
4 Hour Strategy (MACD)
- BenStevo replied Oct 28, 2009
G/U short — Hi all, I don't tend to post my trades (tho I probably should to get more input from people). I'm working on my H1 entries so would welcome any input from people.... Have just sold G/U on H1 based on 3 lower highs / 3 sisters. This ...
4 Hour Strategy (MACD)
- BenStevo replied Oct 26, 2009
Nice trade Phillip, I was also seriously eyeing this one up but chickened out! Probably the main thing that got me interested was the pin bar followed by the small doji (was not really big enough to be an evening star to me). If it helps anyone, ...
4 Hour Strategy (MACD)
- BenStevo replied Oct 22, 2009
MIG demo — Hi baco75, I've had ongoing issues with the demo platform with these guys for several years. Most of the time it's fine, but every now and then you get missing chunks of data or big gaps (I have the same problem as you do today). ...
4 Hour Strategy (MACD)
- BenStevo replied Oct 12, 2009
Nice Trade Phillip, Was also eyeing that one up and had a retrace order in place at 1.4729 that was never filled. Next time....
4 Hour Strategy (MACD)
- BenStevo replied Apr 21, 2009
Thanks Palmer. I'm in short on E/U since 1.2940. I liked the evening star on H1, together with a head and shoulder pattern on both MACD and price (H1 TF again) - the head and shoulder are a little vague, but I like where they have occurred. 1st TP ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 21, 2009
E/U — I agree with you. Nice little bear flag setting up at the moment, right up against the 21; candles nice and small suggesting price knows what it wants to do (vs. big up and down candles jumping around)...and if you look at the price ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 20, 2009
Timezones — That's a question that keeps popping up thoughout the entire thread. I haven't really used anything except GMT + 2, but the only reason for that is to keep some consistency with what Phillip and others here are trading. To answer ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 20, 2009
Thanks, seems they're +3 though...so 1hr different 4hr candle closing time.
4 Hour Strategy (MACD)
- BenStevo replied Apr 20, 2009
Metatrader brokers — Can anyone tell me where I can download a Metatrader demo account that runs on GMT+2 (that's the same one that most people here are using I think, as its what Phillip used). I've been running a MIG demo account for my ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 17, 2009
Nice too see someone else in the trade. I'll be looking at re-entering short if I get the chance on H1...to me the Daily TF has given perfect signal for a bigger move. May be worth holding the trade if you're able, but this is just my analysis
...4 Hour Strategy (MACD)
- BenStevo replied Apr 17, 2009
G/U situation — Very nice head and shoulders going on on G/U at the moment. I'm in from 1.4883. SL = 1.4955. TP 1.4800, but overall target is larger at around 1.4400 level. Nice divergence also showing on price. And 3 tests of 1.4938 ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 15, 2009
Nice trade — Nicely exited WG....only 2 pips off the current highs! What was your basis for exiting? I don't see this price area linking directly to any of your fib extensions as possible resistance, so interested to know what caught your eye.
4 Hour Strategy (MACD)