GBP — I am no longer looking for TC on GBP. Price has delivered its second hint that a a turn may be forming first the 4H tail, and second the more important 1H 62% failed to hold. Today price broke the 1H downtrend cycle 62% fib level for the ...

4 Hour Strategy (MACD)

Good luck but get to BE soon as you can.

4 Hour Strategy (MACD)

I only trade the EUR & GBP now because before I was jumping around and was missing trades - those that are starting just stick to 2 pairs there really is no need for more. Currently watching GBP again - cable has be very good this week. EUR has stay ...

4 Hour Strategy (MACD)

My main trigger is what I called 1st reject entry. I have 2 other triggers that take advantage of these corrective patterns. For my 1st reject: - price need to bounce from the last trending swing fib level - if you look at the GBP chart it did this ...

4 Hour Strategy (MACD)

Yes I just renamed the 32% 50% 62% 138% 162% - I got the idea from another thread so I can keep track of the levels from the various timeframes. Just watch the 32% to 62% of the previous swing that zone is the 8ema to 21ema area. When you apply ...

4 Hour Strategy (MACD)

There is no magic meaning to these fibs but simple guidelines for S/R levels - because to me the definition of price motion is price movment to/from varies S/R levels. Think of the fib levels as objective measures of Phillip's 8 & 21 EMAs - 32% fib ...

4 Hour Strategy (MACD)

These critical S/R levels were established back in Dec. These levels are from the corrective daily cycle of the weekly trend. You can see these same patterns in the chart I posted a few posts back on the GBP except it is 4H trend to a 1H corrective ...

4 Hour Strategy (MACD)

When one is trading from the 4H - looking at the daily rhythm gives a hint of direction bias. But if you also look to the 1H swing rhythm it will aid in your entries. But look at my GBP trade this morning - I call this my 1st reject entry on the ...

4 Hour Strategy (MACD)

4H Pullback on GBP — This is a very typical corrective/pullback cycle that is visible on the 1H. Look at the 4H and how MACD gave false signals - if you entered on those signals you would enter at the extreme low swing of the 1H corrective ...

4 Hour Strategy (MACD)

These tails are simple price hints that you can incorporate into your trading plan. For me since I am solely a pullback/TC trader after a clear significant price movement I use them by anticipating what the pullback will be like. If you go back and ...

4 Hour Strategy (MACD)

A month or so ago when I got my tail aha moment - I thought to myself why was this dame simple thing so hard to see before. I look for them in 1H, 4H & Daily - the uglier they are & the more # of bars - the more significant to a higher timeframe ...

4 Hour Strategy (MACD)

EUR & GBP — Well 2am EST 4H bar just closed. EUR too close to 89. GBP I don't like the tails. I am starting to feel a little emotional not having a TC trade this week so I think I will call it a week before I force a trade. Tough week for ...

4 Hour Strategy (MACD)

I would be careful & get to BE asap if you enter. That huge down move & tail is a big warning sign. I like pullbacks that are steady and pretty looking. This yen pullback is butt ugly.

4 Hour Strategy (MACD)

When you have a little inner voice telling you something it is your trading experience, gut feeling, subconcious experience or whatever giving you hints. I get these little voices all the time now and the voice is getting louder - don't ignore it. ...

4 Hour Strategy (MACD)

It is always the very simple that is the hardest. Once you see that trend it makes no sense to fight it as it can continue at any moment. Funny thing is once you can see the price movement it feels odd that other people can't see it because it is so ...

4 Hour Strategy (MACD)

I am waiting to see what happens because every one of those 4H bar high are the same. And I turn around for a sec and GBP shot up ..... Wazz : check your PM

4 Hour Strategy (MACD)

From last week. url url url

4 Hour Strategy (MACD)

No clear entries yet this week. Let's see if GBP, JPY or CHF will give a clear entry TC signal ..... Watching those. Edit: Some PM about my alert - for the above 3 pairs I am waiting for the 4H TC and the column checkboxes should be set as below. ...

4 Hour Strategy (MACD)

I think both the EUR & Cable may be setting up for a long TC to the 89 on the 4H. I like the EUR especially because the daily is in corrective price motion and near the bottom of the range boundary. Watching both EUR & Cable closely ................ ...

4 Hour Strategy (MACD)

bshadroo, I use fibs of the last swing to objectively define a pullback & entry - it is much easier and a lot less discretion and gives 100% confidence in my entries. Notice on the first chart price bounced from the fib and closed under the swing ...

4 Hour Strategy (MACD)