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- BenStevo replied Apr 15, 2009
Good luck Orange, I like the 3 little sisters that are there on H1 timeframe...hopefully they will work their magic for you
4 Hour Strategy (MACD)
- BenStevo replied Apr 6, 2009
MetaTrader Q — My apologies for posting this here, as it isn't related to the 4hr MACD, but if someone can give me some info on Metatrader I'd be grateful. I'm setting up a 2nd data feed (Interbank) as my Mig connection is not up and running ...
4 Hour Strategy (MACD)
- BenStevo replied Apr 6, 2009
Same here Raymond... I've been using their demo feed for a couple of years and every now and then the connection is lost. This time it seems to be dragging on though - frustrating...maybe its time for me to sort out a backup.
4 Hour Strategy (MACD)
- BenStevo replied Apr 5, 2009
Your Trade — Hi Fish, Sorry for my delay in getting back to you...as you know, I've had my hands full. Some comments on your trade. To me, this is not a solid Inside Bottom setup because: - I like to trade the 4hr and I don't see an Inside ...
4hr MACD - Trade Journal
- BenStevo replied Mar 27, 2009
CT Trades — Hope you don't mind if I put my 2 cents in here MoneyMan... In my view, these sort of trades are risky. I like the resistance line you have at the level, because its been tested as support in the past, but there's just not the ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 26, 2009
Its nothing to do with moving averages. Yes, the averages do come into play as far as determining possible targets etc, but the nesting dolls are simply chart formations. Have a bit more of a look through her stuff (Tamkras) and if it gets ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 26, 2009
Yes, the horizontal lines. Everyone has their favorite chart formations and setups. Mine are nesting dolls and Phillips 3 little sisters
4 Hour Strategy (MACD)
- BenStevo replied Mar 26, 2009
GBP/USD — May be a bit early to say, but I'm waiting in the wings for another short if Price Action confirms. Phillips famous 3 little sisters again. Yesterdays one on the E/U worked out nicely. MACD also looking weak with some solid ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 26, 2009
Long answer to short question — I think managing your trade once you are in it, and taking profits, is one of the most difficult parts of trading. Don't know how many times I've read things like 'a good trader can make a system with 80% ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 26, 2009
I've gone back through a couple of old posts just randomly selected from the table of contents on page 1 and have had no problems opening up and listening to the mp3s. Maybe deleting your temporary internet files and retrying will help?
4 Hour Strategy (MACD)
- BenStevo replied Mar 25, 2009
EUR/USD — Anyone else watching the E/U?? Those 2 most recent tails to the topside are getting me excited - watching and waiting for that 3rd sister
MACD has also shed a lot of strength and price has also broken below the 21. Rules says that ...4 Hour Strategy (MACD)
- BenStevo replied Mar 24, 2009
Three sisters — I'm also watching current PA closely. I don't view this as 3 sister setup yet as the first 2 tops / roundings are more like a double top. To me, 3 little sisters is more where there are 3 consecutive lower tops. I'll be looking ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 18, 2009
News Trading — Hi Fishmen, I'm not sure how much of Phillips stuff you've gone through (There is a table of contents on the very first page), but its really just avoiding NFP and Interest Rates (Federal Funds Rate). From all I have seen, its ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 18, 2009
That would be US Interest Rate Statement. This is why Phillip always says never to trade NFP or Interest Rates...if you're caught on the wrong side of the move, your stops can be jumped.
4 Hour Strategy (MACD)
- BenStevo replied Mar 13, 2009
Hi Orange, Hope you don't mind me posting a quick comment here. I definitely don't want to put you off your trade, as we all need to trade our own plans... but wanted to point out some things to be wary of. I have a pin bar on my H4 at upper end of ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 12, 2009
G/U — Best way in my opinion is to watch for a TC on H4 or suitable similar entry on H1. If it sets itself up, it's quite possible that you will also see a 3 Sisters setup / pattern at the same time, which can give you some more confidence in ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 10, 2009
Some thoughts — Hi Monomonono, Can I ask you a couple of questions about your trade...maybe it will help give you some ideas. -Have you got any trendlines or areas that you consider might be support or resistance? It always adds weight to your ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 10, 2009
Phillips Three Sisters — Further to oranges comments, thought I would just point out a common setup that Phillip used to use. There have been 4 x Three Sister setups since Feb and they are amazingly reliable - pretty rare that you cant come ...
4 Hour Strategy (MACD)
- BenStevo replied Mar 1, 2009
??? — Whats your point with these posts? If its some sort of bookmark, maybe you could do it some other way??
4 Hour Strategy (MACD)