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alcastro replied May 30, 2007I didn't know Phillip had a news trading system.
4 Hour Strategy (MACD)
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alcastro replied May 30, 2007I have to dissent — I am sorry to go swimming against the current. Specially not in agreement with my very dear friend Pips, but I think that dividing this thread in several sub-threads will not help. Just see at what has happened to the Fozzy ...
4 Hour Strategy (MACD)
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alcastro replied May 24, 2007Double-guessing....doubts...etc — I am still in my GU short (-10 pips so far). After my rationale...and after reading PIPS and other people's posts I am starting to doubt if i did the right thing. Here is why: That long bullish bar from ...
4 Hour Strategy (MACD)
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alcastro replied May 23, 2007Steve, I was planning to write a long blurb about discipline...success....bla..bla..bla. But i decided to just let you know that you have earned my respect and admiration. Not only for the consistency with whcih you have carried on with this ...
Steviet's Live Trades!
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alcastro replied May 23, 2007GB/US — I have a limit order to go short on the GU. Why? RT on MACD. PinBar two candles ago. My order is below a TL. GU is in a a downtrend since some days ago. My TP is right above the 21MA. Just in case it decides to bounce from it. I am ...
4 Hour Strategy (MACD)
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alcastro replied May 18, 2007So that's what you've been doing all this time!!!! Silently eating your pips!!!!! What a PEM!!!! I was missing your posts!!!
4 Hour Strategy (MACD)
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alcastro replied May 16, 2007I have limit orders for the E/J and the US/CAD. GU and UJ will need more confirmation, in my opinion.
4 Hour Strategy (MACD)
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alcastro replied May 16, 2007In my opinion the important thing of a stop loss is that we have to put it at a point where we are certain that if price reaches that level, the setup that we were counting on is not valid anymore. That is why fixed s/l's do not work. If we have as ...
4 Hour Strategy (MACD)
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alcastro replied May 15, 2007Young, I think that the GB/US may bounce from the 21 MA. Your stop for this short should be around the 1.9871 (the previous high). So that means that your R;R to your TP 1 is ok. I would just follow it very carefully because in my opnion, the ...
4 Hour Strategy (MACD)
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alcastro replied May 13, 2007Phillip, I know i am another voice in the chorus of admirers. What i admire most of you is not your system, as good as it is. What is amazing is what everybody is saying: the unselfish, generous way in which you share your knowledge and experience. ...
4 Hour Strategy (MACD)
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alcastro replied May 9, 2007Hey Scrat, Interesting journal, and enviable success rate. Well,,seems like you know what you aree doing. I am here, scratching my head trying to decifer your method. I hope you make tons of pips...but leave some for the rest of us!!!
My Live Trades
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alcastro replied May 8, 2007Yes. I heard that Cha-Chinggggggg!!! even from my office. The trade is called "Trader's trick". I like the concept behind it, and when used in combination with Phill's MACD it is a "cha-chingerrr". Here you can find a pdf with its description: ...
4 Hour Strategy (MACD)
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alcastro replied May 8, 2007Great explanation kevin. And an excellent example of how to accomodate different trading systems to get the best from them. This tutorial has opened my eyes to try not to see each system as a vaccum that should work by itself, but as a part of a ...
kharvell's Trades
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alcastro replied May 8, 2007Nooooooothingggg — I don't see anything worth trading at this time: 6:30 AM EST. BUT I am short in the EU/US for a short move of 22 pips (from 1.3562 to 1.3540). I went in with the lower high signal, and my TP is just before the lowere low ...
4 Hour Strategy (MACD)
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alcastro replied May 8, 2007How do I go to the Skype chat? Is anyone there at this moment? (4:20 AM EST)
4 Hour Strategy (MACD)
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alcastro replied May 7, 2007Okay, here is what I see at this slow time of the trading day: GB/US: Possible TC. Meeting resistance from an IT at 1.9952 and then the 89 MA at ~1.9970. I am long on this one since yesterday, with a small loss (but still in the trade). If I had to ...
4 Hour Strategy (MACD)