Sorry, I don't follow - you believe that Japanese markets will mirror US market action today? Why? Because they had a holiday? And what about the pseudo double top on your chart, a common signal of an imminent correction? Not challenging you, just ...

Cable Update (GBPUSD)

It appears to be sitting at the 89MA right now, but the signals are a little mixed right now and who knows with the wild ride it's had the past few hours. Luckily I was able to trade it from 116.67-117.27! Great start to the week.

4 Hour Strategy (MACD)

It appears as though from your chart, USDCAD is slowly trending upwards. Is this the consensus here as well? Just curious... Edit: Sorry, realize ow that was EURCAD, not USDCAD. I asked because I thought USDCAD might have some weakness, but ...

4 Hour Strategy (MACD)

Yeah, just goes to show that no one can predict the markets - otherwise we'd all be rich!

AUD Employment

You were right - they got 22K instead! :

AUD Employment

As for myself at least, I use another variation of Phillip's system (along with his of course as well). Mine involves a 12/26/9 MACD (monthly, 4-hour increments as well) and an SAR indicator as well as several MAs. I received a strong short signal ...

4 Hour Strategy (MACD)

Thanks, I hope it is. And yes, I'll definitely be patient with it. If it moves against me 50 pips or so I might have to re-evaluate, but otherwise it could easily move down into the 7700s by my charts. As with everything, only time will tell!

4 Hour Strategy (MACD)

I'm short AUDUSD @ 0.7815. Let's see what happens!

4 Hour Strategy (MACD)

Yeah, I know what you mean. As you say, you can't be greedy, so I think your system is excellent for that - you don't enter high risk, volatile trades and end up losing your shirt. Your system has proven positive results and that's all that ...

Steviet's Live Trades!

Thanks for the update Steve. Based on some other methods I use, I actually received a short signal on USDCHF this morning and took it just after my previous posts. Went short at 1.2265, but due to how things are looking, I'll probably exit if the ...

Steviet's Live Trades!

Haha, I just meant in general.

Steviet's Live Trades!

Thanks Steve, as always your input is much appreciated.

Steviet's Live Trades!

Don't worry about it - hindsight is 20/20 - who knew all those extra pips were coming!

Cable Update (GBPUSD)

Yeah. it's tough - you pretty much need to remove all emotion when you're trading and that's easier said than done.

Cable Update (GBPUSD)

Nice trade!

4 Hour Strategy (MACD)

Steve, was your USDCHF position closed as well? If so, where do you see it heading? It looks like it might head down again...

Steviet's Live Trades!

Welcome to the world of forex! Seriously though, sorry to hear about your account. This is a good example though of why stops are so important.

Cable Update (GBPUSD)

I assume you mean 2312. Thanks once again for the info!

USD/CHF

No problem - have a good one yourself.

4 Hour Strategy (MACD)

He has posted them throughout the thread. Just search for them and you'll find them. Or to make it even easier, just view all the attachments in the thread on their own and you'll see them - Phil usually zips them up.

4 Hour Strategy (MACD)