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- napeharm replied May 12, 2008
That boy at the back must do better! — Not one of my better days, but stole +15 from the USJPY short and +10 from the Euro long on 5 min trades and will have to make do with that.( After 18 months on the forum, i have found out how to put the ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Hey!, Ira;That lovely pin is not on my chart..........you drew that one on yourself!!!! When i want the price to go somewhere to make a profit, i always reach for the big crayons and draw in my own candles!!!!!!!!!!!
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Hey!, Ira, Yup its what we pay to stay in the business, thats all. We minimise our expences through learning and experience just like any other business.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Taking a loss — I became interested in trading 11 years ago, i traded traded options. I bought study material from someone who had lost alot of money variously, through brokers mostly, who didnt much care if they lost if for him. He learned ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Quite so. — Exactly, there is no right and wrong, we must be open to all possiblities that is true, those that we are comfortable with and can deal with. Your balance today is one way through your experience, mine is another, i respect this. I ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Euro — I dont often spend much time looking for chart patterns, but this looks like a possible head and shoulders forming, a rather neat one at the moment as well.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Yes; thats fine. — Yes i see from your second chart you have covered both bases, i was just checking. I am looking really at the one scenario, because my feeling is that the price is not going to break out........maybe not today anyhow, but we ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
I think there are a number of people on the thread making excellent analysis of the proceedings with number crunching and chart numbers and diagrams and anticipation of what might happen next. However, i find myself getting some kind of fuzzy mind ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Phil; Re Euro; My feeling is still, that the upper trendline in my chart is the most recent one and a target line. This has almost been reached and we will see if its the limit for this run. The picture is mixed today and open to interpretation, but ...
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Euro — No deals on Euro for me, huge stoploss and congestion.Daily and weekly pivot also...........You choose.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Yup. It was felt in Thailand also. Hope everyone ok in China.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Yes!, I was going to suggest trading in the bathroom, we could start a new trend!..........excuse the pun!.........hahaha
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
This is my daily GBP with big trendline shown in red. Possibly short to 1.9400. Just a thought.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Lost opportunity — There was definitely a trade on for that Euro, even if it wasnt the 4hr, +26 minus expences and slippage. But the low of the previous day was the obstacle, and it has now returned to it as resistance for the moment.
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
I do that all the time........bathrooms are lethal for trading!
4 Hour Strategy (MACD)
- napeharm replied May 12, 2008
Gift horse — I took 5 min trade on Euro below the low of the previous day for +18........thats the good news, nice easy fast trade........but it didnt reach my target so i waited. HHhhmmmm, it retraced for -3. Never look a gift horse in the ...
4 Hour Strategy (MACD)
- napeharm replied May 11, 2008
Euro — My Euro daily showing price between 21 and 89. 4hr showing pin touching resistance level. No short signal yet. I am looking for trend continuation signals only.
4 Hour Strategy (MACD)
- napeharm replied May 11, 2008
Quite so, trading is all about focus and discipline. But this is learned the hard way, but is possible if people show willingness to learn and understand themselves. People naturally start looking elsewhere when the market is slow, differant markets ...
4 Hour Strategy (MACD)
- napeharm replied May 11, 2008
Number of trades. — Phil; You are right that people want to trade more times than the 4 hr system allows, to be realistically safe and applying the method properly. As we know this is clearly shortcoming in the person themselves though and not ...
4 Hour Strategy (MACD)