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- Chandra replied Feb 26, 2007
I really see MACD Divergence. But it confuses me a bit. How do we associate this observation with the 4-Hr. MACD approach of Phillip? Is there any realtionship. Good to learn if there is any such connection to Phillip's method. Thanks for posting ...
4 Hour Strategy (MACD)
- Chandra replied Feb 26, 2007
2007-2-26; 2:09 GMT EUR/JPY 0:00 candle. Those who use IBFX, do you see a trend continuation (TC) to the down side (MACD-teeny veeny candls below the zero line forming TC signal? -Chandra
4 Hour Strategy (MACD)
- Chandra replied Feb 26, 2007
Hi your chart and mine differ. However, I comment based on your chart only. (Let us follow a short hand for signals. Round Bottom=RB; Round Top=RT Trend continue=TC; Zero Turn Back=ZTB. It makes life easier if all of us stick to this naomiclature) ...
4 Hour Strategy (MACD)
- Chandra replied Feb 26, 2007
EUR?JPY 2007-02-27 0:00 (GMT) candle. Hi DireXiv, I do not see trend continuation signal forming! I am seeing the possibility of "Zero cross over and back up" long signal after the completion of current candle (0:00 to 4:00 GMT). Please correct . ...
4 Hour Strategy (MACD)
- Chandra replied Feb 25, 2007
Have a great weekend everyone![/quote] That domesticated cat, I love to have it as my trading partner. -Chandra
4 Hour Strategy (MACD)
- Chandra replied Feb 24, 2007
Irusoh, If you are using IBFX data, you should note that the data is corrupted (missing 22nd and 23rd dada) and so, your opinion may not be valid (mine too as I also uses IBFX). -Chandra.
4 Hour Strategy (MACD)
- Chandra replied Feb 23, 2007
Hi Pippy and rp0029, Pippy is right! He is shouting on the top of his voice "GIVE DUE RESPECT TO MAJOR TREND ......... " If the MACD signal is in the direction of the major trend, go for it, taking into consideration of the usual barriers; if the ...
4 Hour Strategy (MACD)
- Chandra replied Feb 23, 2007
"Round top may only be consolidation pattern....before the next run" Pips4uandme, Great! Your view of round tops/bottoms ( could be consolidation patterns in strong trend) is a great observation. Can this view of rounds be extended to other patterns ...
4 Hour Strategy (MACD)
- Chandra replied Feb 23, 2007
Can you please tell us what signal is prompting you to go short? Sure it helps others to look at the chart in your way and learn. Thanks. -Chandra.
4 Hour Strategy (MACD)
- Chandra replied Feb 23, 2007
Can U please help us giving the technical reasons that prompted you to consider a short trade? Please tells what did you see when you were looking at the chart. It helps to see things in your way and learn. Thank you. -Chandra.
4 Hour Strategy (MACD)
- Chandra replied Feb 23, 2007
Hi Pips4uandme AND PHILLIP, Regarding your response to my concern about Banks and istitutions, don't you think that the Futures and Commodities market is much more fair compared to Forex market because there are many many individuals and ...
4 Hour Strategy (MACD)
- Chandra replied Feb 22, 2007
You have analysed your action wonderfully so that all of us can understand the rationale behind your short trade. But, for me to go and see things in my chart, my data provider (IBFX) have a corrupted database. Thanks for your analysis. -Chandra
4 Hour Strategy (MACD)
- Chandra replied Feb 22, 2007
Warning ! To All Ibfx Platform Traders!! — IBFX has data corruption. It is dangerous to trade until they fix it. They say they will fix it after Friday closing, Feb 23, 2007.(Uh!)
4 Hour Strategy (MACD)
- Chandra replied Feb 22, 2007
17:48 GMT. - USDJPY going short. Will you please tell, for the benefit of group members, what was your thinking while you wanted to short USDJPY, what was your entry price and TP? Jus trying to understand specifics behind your decisions. It helps us ...
4 Hour Strategy (MACD)
- Chandra replied Feb 22, 2007
Hello, USDJPY- at 17:27 GMT. I do not see any signal yet, then why do you think of a trade? Your observation of 0.45 level is very good but for me, it seems not enough reason to jump in. At GMT 17:27, I still wait for 16:00 - 20:00 bar to complete ...
4 Hour Strategy (MACD)
- Chandra replied Feb 21, 2007
This message is for Mobsie. Hi Mobsie, I feel there should be a filter for this in your EA to awoid whipsaws. Good Luck. -Chandra
5Min Intraday System
- Chandra replied Feb 21, 2007
Phillip, The TAIL you have shown on USD/JPY chart, WHAT A TAIL, WHAT A TAIL!!! They even come all the way to our bed rooms to take our money! I should say I have become very sensitive to these tails. It is because of your efforts to raise our ...
4 Hour Strategy (MACD)
- Chandra replied Feb 19, 2007
Hello, FXoperator, This is about the indicator you have posted. Thank you. 1. What purpose does the yellow line (open of today) serve here? 2. What do you do if the market opens above the resistance or below the support? 3. If I bring up the ...
Daily Open-SR Technique
- Chandra replied Feb 19, 2007
17:41 GMT. EUR/USD 16:00 - 20:00 GMT candle is not yet completed to confirm 'Trend continues' signal (also, the uptrend move beofore this latest candle was not a great up trend move either - I do't know whetehr Phillip endorses this ...
4 Hour Strategy (MACD)
- Chandra replied Feb 19, 2007
Hi Jim, 17;34 GMT. USD/CHF What about the end of the trend (Two parallel trend lines Phillip drawn while showing the Rythm). I see USD/CHF touched the lower channel line. It is possible no more down-going. I would not jump in short. (Is it time for ...
4 Hour Strategy (MACD)