Notice the 200 and 89 SMA are getting close together. That usually means market is consolidating and will eventually breakout. Wait & trade the breakout on pullback. I don't see any clear entries even the CAD TC feels unclear.

4 Hour Strategy (MACD)

Phillip's method is not about predicting market direction but going with the flow - not getting on the train before it gets going and hope it would go a certain direction - but jumping on a moving train when it slows down a little. With JPY I have a ...

4 Hour Strategy (MACD)

Why would you put a date or time on when you want to get in? Just watch your desired pairs every 4 hours and give a pair more attention when it starts to get into trending rhythm and begins to pullback to the anticipating ma. The JPY is clearly in a ...

4 Hour Strategy (MACD)

Ernesto, I studied Phillip's 4H method extensively and have trained my eye to see price action around 3 MAs - mainly help in identifying trend. I have successfully combined some of Bo's methods with my previous experience and have resulted in my own ...

Fibonacci Trading with Bobokus

It could just be technical - I mean you could feel the 4H candles were getting ready to dump or jump - NFP proably just gave it the needed push.

4 Hour Strategy (MACD)

To me tryng to catch NFP movement is the same as roullett - just pick your color and the house always wins. I am starting to get and feel my personal ability to only trade perfect setups - it is very tempting to get into trades. There is a little ...

4 Hour Strategy (MACD)

How about squaring of price and time of the fib swing? Always wonder if it works ...............

Indicator Free Trading - Skunny

Intraday Fib for EUR — Bo, Where would you pulled the intraday fib yesterday? As is or low of 1 or 2? I don't think it matters that much but what are your general rules when things are a little unclear? Thanks.

Fibonacci Trading with Bobokus

Loonie — I am eyeing the loonie .... But would like the 1H chart to show more bars to indicate support - right now it looks like it could retrace more of the last up move. I also like to see a good tail. Let's wait and see - my guess is this ...

4 Hour Strategy (MACD)

Scalping is really tough. You need lots of discipline -which can take years to develope. I gave up on scalping - it drove me emotionally crazy and I start doing stupid impulsive trades. I now trade only when there is trend on 4H chart & with my new ...

Fibonacci Trading with Bobokus

1H chart is a all over the place - I would not trust its signals right now. I also find that the MACD signals on the 1H play a much less role - price action is far more important.

4 Hour Strategy (MACD)

I thought it was just me - I have this confused and rather odd 'no idea what the charts are saying' feeling. I am starting to get the feel for this 4H stuff!

4 Hour Strategy (MACD)

Before this thread there was no way that the 1H chart would give me hints that the move which started more than a week ago is ending or at least stalling - no way. Bo is the Leprechaun! Follow him to your pot of gold!

Fibonacci Trading with Bobokus

To me Bo's methods are using fibs to follow market movement or flow. It is not about predicting direction but a structured way of following it to where it wants to go - then having a target in mind where to take profits. After using Bo's method and ...

Fibonacci Trading with Bobokus

I think you added an extra 0. With 2.4 Mil you can trade 200 contracts

4 Hour Strategy (MACD)

News — When I did backtesting I didn't pay attention to news release time - I sometimes wonder why upcoming news is even important in real time trading on 4H or higher time frames except maybe if news were to come just before trade entry. ...

4 Hour Strategy (MACD)

I didn't take Ryan's reply as negative - those that haven't go through what he means will not understand. He is trying to help people from blowing their account by citing an example - and discipline by following your plan is the key. But the ones ...

4 Hour Strategy (MACD)

Bo, I followed the up move from last week live and am still amazed!! One of the things I always try to believe is "surrender to the market" - the road to that critical belief is to follow Bo's Fib teachings! Looks like cable is testing yesterday's ...

Fibonacci Trading with Bobokus

JPY — JPY may be breaking out! Anticipating 4H close above 89 & fast market speed ...........

4 Hour Strategy (MACD)

Bo, With the current cable situation - price above intraday long fib. Assuming price moves beyond the intraday high in late asian session - would you look to enter on a bounce of a swing set? Or would you redraw the intraday fib using the new assume ...

Fibonacci Trading with Bobokus