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- Morelands replied Oct 27, 2011
future trade — I mentioned in my previous post about a possible future trade. For anyone interested in what I'm looking for, go to youtube and look up sion smith. There are approx 38 videos in total and they are based on Phillip's system. One ...
4 Hour Strategy (MACD)
- Morelands replied Oct 27, 2011
Trade — Here is a trade that I took last night. You can see by the blue rectangle (on the 4 hr chart) price was in a consolidation period. You can also see the hammer 2 candle before the one I entered that closed above the 21 MA (green). Price ...
4 Hour Strategy (MACD)
- Morelands replied Oct 19, 2011
trade — Here is a trade I took on Mon night. The 1st chart is the 4 hr chart showing the channel price. Notice how the 21 MA provided support in the channel. Once price broke out of the channel it crossed the 21 MA. Per Phillip's rules price ...
4 Hour Strategy (MACD)
- Morelands replied Oct 19, 2011
thanks — Thanks, sometimes I just lose interest in posting. I took the EUR trade on Mon night. I'll try to post it later tonight, but I have to bath the kids now Raymond
4 Hour Strategy (MACD)
- Morelands replied Oct 18, 2011
[quote=sfg7th;5051256]Does anyone know a good broker that doesn' have server problems and most of doesn't stop hunt..I use MBT and it seem that no matter where I put my stop I get stopped out!![/quote If you are in the US, think or swim is good. ...
4 Hour Strategy (MACD)
- Morelands replied Sep 25, 2011
possible end of 5th wave — If you follow elliott wave this may be interesting. Measure the distance from point 0 (beginning of wave 1) to point 3 (end of wave 3). Take that distance and multiply it by .382. It equal 398. Subtract that from ...
EURUSD
- Morelands replied Sep 15, 2011
Ouch — That one hurt, -100 pips. That is 2 losing trades lately
4 Hour Strategy (MACD)
- Morelands replied Sep 14, 2011
Keeping an eye on EUR — I'm keeping an eye on EUR for possible short tonight Entered short at 3715
4 Hour Strategy (MACD)
- Morelands replied Sep 12, 2011
Long EUR — I'm long the EUR at 3645. TP at 3715 and SL is a close below 3618. My actual SL is well below there b/c I like to see how things play out. The main reason is the 100+ pip candle on the 1 hr forming a upside down sHS. This is a short ...
4 Hour Strategy (MACD)
- Morelands replied Sep 12, 2011
Closed my other trade. — Closed my GBP trade at 5827 last night. I accidently posted on phillip's journal which has just been erased Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 12, 2011
Fib — Fib from 3939(approx) to 3498. The 50% and 61.8 retracements. Plus, based on Elliott wave theory and my interpretation, price can not go above 3788. I'm at work right now, so I can not post a picture Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 12, 2011
Short — Will be looking for a short on EUR/USD b/t 3720 and 3770. Not today, later in the wk. Hope I can catch it Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 9, 2011
Trade — My SL is 6025 but will probably be adjusted base on price action. I took 1/2 off the table for the wk-end. 40 pips in the pocket and the rest will sit until Mon. Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 9, 2011
trade — GBP short at 5897. Will take % of profit at 5805 and let the rest run. Trademin...good going. EUR looks like it's in the 3rd wave of a 3rd wave (Elliott wave theory) so I would expect things to contin to go down Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 8, 2011
Trade — Risky trade, long EUR/USD at 1.3924 with SL at 3863 and TP 4095. Will post later Bummer, but knew it was a risky trade so minimal % of capital lost
4 Hour Strategy (MACD)
- Morelands replied Sep 3, 2011
Non trade — I did not trade this one. I just posted this b/c I was irritated that I missed it Raymond
4 Hour Strategy (MACD)
- Morelands replied Sep 2, 2011
Missed trade — 1st chart is the daily with all the MA removed. Notice we are in a ranging market!!!!!!!!!. Notice how price is reversing around the 38 and 61 purple fibs. In a ranging market look for reversal signals...a evening star formation ...
4 Hour Strategy (MACD)
- Morelands replied Sep 1, 2011
Missed opportunity — I can't believe I missed todays EUR move. It was set up by an evening star on the daily. My wife doesn't really understand why I get frustrated, I can't swear in front of my kids, so I went for a run. I'm not sure it ...
4 Hour Strategy (MACD)
- Morelands replied Aug 31, 2011
CT trade — It looked like a good trade to me. I would have entered after the green candle. The green candle closed above the pin bars. Once it closes above I would enter on the following candle trying to get the best price. On CT trades take ...
4 Hour Strategy (MACD)