E/U 24 Feb 09 — SL1 = 1.2899 SL2 = 1.3005 TP1 = 1.2559 (prev lows) and move SL2 to - TP1 to give room to move (price has broken converging triangle...looking for bigger move)

4hr MACD - Trade Journal

E/U Daily setup — Have just sold the Euro based on Daily setup. Split SL: SL1 = 1.2899 SL2 = 1.3005 (over entry candle high) TP1 = 1.2559 (prev. lows) and will move SL2 to BE at this point to give it a chance to run

4 Hour Strategy (MACD)

breakouts — Hi yuyudada, Generally if there's no pullback, it's just one of those cases of where you pass on the trade - you can't get them all. When the breakout is in the direction of the trend and comes with a TC on the MACD, Phillip has ...

4 Hour Strategy (MACD)

I missed this move, but if I was honest would probably have handled it in the same way as it looks like you did Bshadroo. This money management side of things is way harder in my view than entry conditions. I think there is something to be said for ...

4 Hour Strategy (MACD)

Alerts — Click on 'Terminal' button, or you can select the Terminal option from the View menu. When this comes up there is an 'Alerts' tab. Once in there, right click and choose 'create' to start the process.

4 Hour Strategy (MACD)

News events — Hi IvoHR, I've just been trying to find one of what would be many old comments and MP3s by Phillip on what he does with news events, but can't come up with one off-the-bat. But I can often remember him saying that he has taken a ...

4 Hour Strategy (MACD)

More E/U thoughts — Couple of other thoughts on E/U situation the way I'm seeing things at the moment. On the daily, yesterday was a pin bar testing 2 established TLs, plus some solid divergence to top it off. On H4, I have a small right ...

4 Hour Strategy (MACD)

Nice trade wg. How do you assess where your TP is? Whatever way, it worked well. If I was to hazard a guess, I would say it was based on the break of the bull flag. Then using the length of the flag pole as projected target? Sorry, rushing out the ...

4 Hour Strategy (MACD)

H1 entries — Nice description on the 1hr entries Palmer. Have been away for a while but getting back into the swing of things again - good to see Phillips method is still here and keeping alive

4 Hour Strategy (MACD)

Metatrader — Hi big_pipin, Yeah Metatrader is free. You can download from most broker sites. If you are after same candle closes as Phillip and many others so that you can follow the same charts, Mig Investments ( url ) are on that time zone. ...

4 Hour Strategy (MACD)

U/J short — Taken the TC wth evening star off 21 as a pre-break trade should price break below TL support and out of its consolidation to the south. Entry = 92.78 SL = 93.31 TP1 at 20 pips but will go to BE at 15 due to proximity of TL ...will ...

4 Hour Strategy (MACD)

I'm in with you. Nice 3 dojis before signal as well

4 Hour Strategy (MACD)

G/U Head and Shoulders — I wouldn't be rushing in to sell if that's what you mean...? - 4hr steadily making higher lows. - If you drop to 1hr, there is an ascending TL that price is respecting well, with 4 tests so far...my anticipation is ...

4 Hour Strategy (MACD)

Same Trendline, different Timeframe — Hi bshadroo, I don't know how to fix that problem, but I know it bugs me too. Often I'll draw a TL on daily and can see that price is quite distant from that line. Then I'll drop to 4hr, and price is ...

4 Hour Strategy (MACD)

1hr opportunities — There were also some good opportunities on the 1hr. I got in on the first early entry to the TC on the 4hr. Nice a-b-c setup which often lead to bigger moves so still holding it. A 3 sisters setup has just passed which ...

4 Hour Strategy (MACD)

Thanks James, I've just sent you a PM. Looks like we are back online again just in last few minutes. Gap openings...I guess they are false gaps in a way which are based on a half day of lost movement/data. Think I will wait till tomorrow for things ...

4 Hour Strategy (MACD)

market open — Hmmm, are other people using MIG Investments feed having issues? I haven't had a new bar since Friday close - should have had one about 1 1/2 hours ago, but nothing (feed is showing as connected)

4 Hour Strategy (MACD)

SL management — Here's a couple of EAs that manage Stops. They both have pdfs explaining their use. Just so you know, I've never used them, or even really looked at them seriously. They are EAs that have been posted somewhere on forex factory ...

4 Hour Strategy (MACD)

E/U 5 Oct Anticipation — Daily: Price back @ 21 again. There is still a good pin from last swing high that remains unbroken - anticipation still down. There is a higher low that may signal trend weakening...will be watching over next few days ...

4hr MACD - Trade Journal

E/U 4 Oct Trade — Traded the setup below yesterday and came out with a lucky escape, loosing 5 pips. Reason for the trade was that on H4, price had come down to significant resistance area of 1.2592 IB, so I dropped to H1 and entered as shown. ...

4hr MACD - Trade Journal