I have been working on money management a lot as of late. What I am doing now is using say 2% risk. I use the past 4hr bar as how many pips I am going to risk. So if the past bar is 40 pips then my 1st target is 40 pips and after I close 1/2 at 40 I ...

4 Hour Strategy (MACD)

Had to post on the 1,000 page. Okay back to trading.

4 Hour Strategy (MACD)

I would take that trade, If you look hard enough you will find 10 ways why you should and 10 why you should not. then you don't take it, then you screw up next trade because you missed "The big one". I don't use fib's MA's any of that crap, look at ...

james16 Chart Thread

Jim, just wanted to say thanks for the pinbar stuff, last month I made a little over 800 per contract playing the 4hr stuff. Pretty easy stuff really, but like anything people need to put in the time. I have traded about 9 years full-time and I ...

james16 Chart Thread

This by far is THE BEST POST ON THIS FORUM!!! I have been shown systems where the person who wrote it can not trade it and I can make money. So far I have traded about 4 "systems" here and they all make money. It's the trader not the system and as ...

4 Hour Strategy (MACD)

Great post as always Phillip, Also from my years of trading I see a lot of people do what is going on here. People start to make money, then they start to trade RETARDED. If it works do not change it, what happens is the brain wants you to lose ...

4 Hour Strategy (MACD)

I use the 4hr to trade off of.

4 Hour Strategy (MACD)

Price action is king, all MA's MACD or whatever just re-inforce it. I am really having a good time with the pinbar's if you watch them. Also I was told if you look at Phillip's trades and PB's you can see they are about 80% PB's before the macd ...

4 Hour Strategy (MACD)

I was being funny Everyone thinks it's too good to be true. With luck you do not win 80% + luck is more 50/50

4 Hour Strategy (MACD)

I will start posting again, took some time off to get a better understanding of price action. So far 10/10 this month but it's not really the MACD stuff so I did not post it. I plan on putting them both together at some point and will post my trades ...

4 Hour Strategy (MACD)

You guys know this macd stuff does not work. The market is all luck

4 Hour Strategy (MACD)

It's in the thread, some pretty good stuff but it has to fit how you like to trade.

4 Hour Strategy (MACD)

Oh ya lol!

4 Hour Strategy (MACD)

Nice to feel missed. I really want to get this price action down very well before I start posting trades here because as you know I hate to see people lose money. This macd does make money as you have seen, I just stink with price action due to ...

4 Hour Strategy (MACD)

Reading up on the Jame16 site, getting better with price action and adding that into the macd stuff. Working well so far will post once I get it down better.

4 Hour Strategy (MACD)

lol don't fight the fed unless you like to lose. They have more money then you

4 Hour Strategy (MACD)

lol no biggie as long as you make pips. I am still trading just adding some of the stuff I am reading from the james16 stuff and mixing it all into this macd. Seems to be working very well GBP/JPY for fun.

4 Hour Strategy (MACD)

Those 1st 2 bars are "pin" bars, just reading up on price action on the James16 stuff. I will be back in a week or two.

4 Hour Strategy (MACD)

Georgia here, Just lots of rain. Hope everyone traded well today, I have spent the past 15hours looking over price movement trying to get a little better

4 Hour Strategy (MACD)

good short or am I nuts? — chart

james16 Chart Thread