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alcastro replied May 7, 2007IPlay, good excercise. But can you add a little more contrast to your charts? They are hard to see.
Trend Following Experiment - GBPUSD
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alcastro replied May 7, 2007Pips, i also have my "traumas" from the old days. For example the sound that the VT platform makes when a position is being stopped. The "pinggg!!!!!" still brings bad memories to me. The good thing is that this method, Phill's continuous ...
4 Hour Strategy (MACD)
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alcastro replied May 4, 2007I am currently doing a Daily MACD live demo testing of the same principles as the 4Hour system. Same rules and setups. Started the 26 of March only testing EurUsd, GbpUsd and UsdJpy. Stoploss is between 100-150 pips. Are currently +381pips. Have ...
4 Hour Strategy (MACD)
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alcastro replied May 4, 2007PIPS4 is definitely a Pips-Eating-Monster!!!! And she deserves it. She is an example of thoroughness and caution. Every trade is taken only after an extensive analysis. I am trying very hard to learn from her....hopefully I will be able to post ...
4 Hour Strategy (MACD)
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alcastro replied May 4, 2007What you call "cheating" has saved me from potentially disastrous trades! The 1hr confirmations are excellent to have in your arsenal.The MACD entry signals are probably the most reliable in forex!! WELL DONE PHILIP!! Missed a lot of signals because ...
4 Hour Strategy (MACD)
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alcastro replied May 2, 2007US/CH — US/CH is trying to paint a TC. If it brakes the descending TL to the upside, and the MACD paints the TC, I will probably jump for a long on this one. The pair might test again the 365 MA as it did this morning.
4 Hour Strategy (MACD)
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alcastro replied May 2, 2007I am waiting for thecandle to close in my chart to confirm the RB. It is not closing until 3 hrs. My TP will be the 21 MA. My stop would be around 1.9870. The low of the pinbar three candles ago. I will jump if the RB is confirmed and if the R;R to ...
4 Hour Strategy (MACD)
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alcastro replied May 2, 2007Ignacio, I missed the US/CH move but it resultedas expected. MACD patterns are a beauty when traded with patience.
4 Hour Strategy (MACD)
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alcastro replied May 2, 2007Kharvell, are you following Jacko's trend following method, or are you using your BB system? You mentioned in Jacko's thread thatyou had developed an entry methos to jump into a trending trade. Do you mind if you can elaborate a little about it?
kharvell's Trades
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alcastro replied May 2, 2007Hi Blueruby, I have been using the same money management technique that you are using, and it has protected me from blowing my account. But, just as you, I find that my account is always around the same number. One gain here...one loss there....big ...
Transition from Losing to Winning
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alcastro replied May 2, 2007Xaron, I agree with you. A possible bounce from zero. But I will also hold until the ADP news. Price is against the 21 MA and a descending TL that has followed all this falling trend. If the news are US positive it is very easy for the price to ...
4 Hour Strategy (MACD)
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alcastro replied May 2, 2007Well, the us/CH continued going up. The RT never formed, so I didn't take the short. That is the good thing about this system. Only jump in if all the conditions are there. I was watching them: the MA's, the price action, and mostly...the MACD ...
4 Hour Strategy (MACD)
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alcastro replied May 1, 2007USD/CHF — Take a look at the US/CH. Possible RT. It may look like a counter trend because it is above the 89 MA. But the pair has been downtrnding for a loooong time, and it only went above the 89 due to that freakish long candle . After that ...
4 Hour Strategy (MACD)
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alcastro replied May 1, 2007Great article. Now i am depressed!!!!! I will be chained to my day job forever!!!!

Trading for a Living
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alcastro replied Apr 29, 2007Hi Weghio, The EU/GB long signal looks for me, but bear in mind that there is a resistance very close, around 6833/6834 that has stopped the price recently. Then you have another resistance at 6843, last week's high, and that line goes back to March ...
4 Hour Strategy (MACD)
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alcastro replied Apr 28, 2007Hi Mr., nice thread and very interesting topic. I am not an expert in DeMark, as you will be able to tell from my next question: What are the horizontal trend lines in the indicator? Are they support and resistance lines? What is the criteria used ...
Tom demark Trendlines
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alcastro replied Apr 27, 2007KAZAM, please narrate your story. it is always inspiring and a learning experience to read how others have achieved success in this business.
Can I make 40% per month consistently
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alcastro replied Apr 27, 2007PIPS, enjoy your vacation. Hope to see you soon devouring more pips!!!
4 Hour Strategy (MACD)
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alcastro replied Apr 26, 2007I don't follow the GDP/Can. But what Donna says is right. The daily is generating good results, but less trades. I am using the same settings as the 4hr. I understand that Phillip is doing the same.
4 Hour Strategy (MACD)
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alcastro replied Apr 26, 2007Jim, I have a limit order to go short on this one @ 1.3583. Not a MACD signal. Just following the evening star. I had to edit this message because as a matter of fact this evening star was announced by the MACD system. Only that it announced it ...
4 Hour Strategy (MACD)