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- maxster replied Feb 12, 2008
CAD 4H chart shows unclear price movement - I mean even if you are range trading it looks to be in the middle of range. If you like TC trading then to me there is clearly no trend. Price also currently stuck between the last down move's fib levels ...
4 Hour Strategy (MACD)
- maxster replied Feb 10, 2008
The 1.4560-1.4570 level is a strong resistance area so be careful with longs: 1) It is the 4H 21EMA 2) It is the 38% Fib of the daily ranging action from Nov that ended a strong weekly trend & the daily has being in a corrective cycle since. 3) It ...
4 Hour Strategy (MACD)
- maxster replied Feb 8, 2008
Have a look at my 1H chart. Price usually will pullback to at least the 38.2 fib. I don't even consider it unless I start to see bounces. The 38.2 is usually the 8EMA on the 4H and the 62 level is usally the 21EMA. If you watch these levels it will ...
4 Hour Strategy (MACD)
- maxster replied Feb 8, 2008
Jenny, Your welcome - I think it was your post that made me decided to post the alert - and let me know if you need help. You guys and gals that are doing this and also have a full time time job you have my full respect. I wish you all make ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
1. Open the zip file 2. unzip the contents into any folder - make a folder on your c: drive call ALERT 3. now use windows explorer and browse to c:\alert 4. right click on score.ini and select edit or open with notepad 5. change the path to your ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
Will let everyone use it and then gather a list of additional features and I will code it. You can of course post it on the site. But it is very useful the way it is. If anyone wants the email function you will need to install a local mail program ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
0.1 lot is I believe 1 minilot or worth $1 per pip. Nothing to do with account leverage your broker offers - the broker leverage has to do with margin or amount of cash needed to maintain a position. If you have $1K account and risking 2% per trade ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
MACD Alarm — With all posts about sleep, getting up middle of night etc I have coded this alarm a while back and thought some can benefit from it. It basically allows you to: 1. Select pairs you want alert MACD signal change 2. Select ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
Are you indicating that the 4H gave a TC signal short? Please don't take MACD signals this way. Only take TC when price is trending - it is very obvious to my eye when price is trending or not. But at the time the MACD signal came on your chart ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
27 pips is good! My monthly goal is only 100 pips with 5 to 10 trades - I can take care of the rest with additional account funding and lot sizing. What is possible vs what is banked are very very far apart. Just don't get it why post results when ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
All you are doing is looking at the 1H when you look at different timezones. It is obvious the 4H is too slow for some moves. If you start looking at different timezones to get a trigger you may be depending on the MACD too much as it is an ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
I wish I could make those kind of pips. Maybe if I just post what I dreamt my account will grow .......
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
I wouldn't touch the yen if my life depended on it. The 4H price action is got to be the ugliest 4H chunk of candles I have ever seen. You can't even trade the boundary with MACD - you need to enter at bounces near the boundary. However I still ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
Other swissy 50% stopped at BE - total +8. I was anticipating this move and thought the CHF would be more predictable due to rates coming for both EUR & GBP as all 3 showed the same beautiful basing pattern on the 1H. But swissy was the only one to ...
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
USDCHF Trade — I have set my software to trail SL at last 4H Low updated houly. Hopefully it will catch some pips when I wake up need to sleep now.
4 Hour Strategy (MACD)
- maxster replied Feb 7, 2008
Ryan, Appreciate your advice as I am farily new to this thread - and please continue to post your critique on my trades as I am now live starting this year after months of work with Phillip's system. But please keep in mind that everyone is ...
4 Hour Strategy (MACD)
- maxster replied Feb 6, 2008
USDCHF — Long CHF Entry 1.0964 SL : 1.0933 PT1 : 1.0986 (previous 1H high bars) Plan - 1. When PT1 is hit move SL to 1.0949 2. When price starts going - breaking 1.1004 Trail SL with previous 1H low - Anticipating 4H TC - 1H showing strong ...
4 Hour Strategy (MACD)
- maxster replied Feb 5, 2008
It does look good. But I will stick with the downward flow and TC only.
4 Hour Strategy (MACD)
- maxster replied Feb 5, 2008
Missed EUR trade early this morning also - very glad lots of folks caught it. Patiently waiting for TC in both EURUSD and USDCHF - Some thoughts I have are: 1. EUR is at 4630-50 area again with all 3 SMAs getting close so it may not give clear TC ...
4 Hour Strategy (MACD)