Hey Ira; Useful post that because we all find other things significant. One thing occurs to me straight away is that i am looking for patterns. We are able to trade at all because the market repeats itself. The 4hr system relies,like all others, on ...

4 Hour Strategy (MACD)

You see, i was thinking about this awhile ago. I havent really found a great deal of use for these bigger time frames. We can only have so many charts open at one time, and only so many lines on our charts. Phil has pared down the 4hr chart to the ...

4 Hour Strategy (MACD)

In a way, this is a slightly academic exercise because mt4 doesnt make these time frames real time. Shame really, you can only do it with a period converter and they are offline. Having said that you they would only need up dating every 8 or 12 ...

4 Hour Strategy (MACD)

Research;I like sometimes looking at something from a completely differant angle..........So I have posted two charts of the Euro this week, one is an 8hr chart, and the other a 12 hr. The immediate disadvantage of trading bigger time frames is ...

4 Hour Strategy (MACD)

(I posted +25 per day as 600 a month, yeah right!, its obviously not, i have corrected that.)

4 Hour Strategy (MACD)

GBP; looking pip perfect right now on my charts. We will see it it stays that way.

4 Hour Strategy (MACD)

Thats ok, i have figured it out myself, the GBP has a two bar low i hadnt seen that earlier......a break of that implies further moves. We shall see. (Its all so obvious after!)

4 Hour Strategy (MACD)

Thanks Phil. I was still cautious about the GBP though, is there anything which would convince me further to take the trade, other than belief in the system?

4 Hour Strategy (MACD)

The great thing about this method though is 'knowing' that you will make those pips every month, and this means no pressure to gain them, no rush, taking it easy, no looking for trades, knowing that its all there.Thats what the system gives us.( We ...

4 Hour Strategy (MACD)

Hey!, lets not get greedy.........! 1 lot of +25 a day everyday will suit me. I have lots of challenges ahead yet, using real money again using this method for one! I am taking it verrrryyy ssssllloooowwllllyy.........1 lot will be enough for me.Of ...

4 Hour Strategy (MACD)

I dont follow Phils 5 min method, so i cant suggest anything there.

4 Hour Strategy (MACD)

Yes, nicely put. Phil expressed in an mp3 once how people were turning gains of +25 into losses by going for the big runs. There will not be such runs everyday. We need to be aware that each day is differant, and be sensitive to what the market is ...

4 Hour Strategy (MACD)

Great stuff saka. You are a modest person and successful, i like that!

4 Hour Strategy (MACD)

No one really talks about these things on the thread, which is a shame. Simple targets like this made that trade possible, and relatively safe. The 4hr signal was in my favour and the target was close to the previous low. The price will stop on the ...

4 Hour Strategy (MACD)

OK; well i did an experiment and entered the GBP, slightly late,1.9525, and exited fractionally above the low for the previous day ,my target,for +17. A better entry would gave given me another +6 or so, possibly a +25 trade there, which with one ...

4 Hour Strategy (MACD)

saka; I look at things slightly differantly, as you probably know. I am looking at the GBP and see little as the moment. It has stopped on my lower trendline as its low this morning. That is also the low from the previous day, which is find ...

4 Hour Strategy (MACD)

Euro; Ok,not strictly a CT, ( I am just making the point) but I was unlocking my garage during the first few minutes of this new 4hr bar. I return and see a fast 5 min trade is virtually over for +20 if i had been there. What happens next? we get a ...

4 Hour Strategy (MACD)

At weekends i spend the mornings often looking through the history of a pairing. I have an idea or angle and pursue it through the history to see what it does. I look at the 4hr signals, and then follow on a 5 min. time frame to see exactly what the ...

4 Hour Strategy (MACD)

Euro; If anyone believes my observations are not particularly valuable, then do tell me and i will limit them to charts etc. Looking at that Euro daily pin; it would be nice if after all pins the price simply changed direction. That would be easy, a ...

4 Hour Strategy (MACD)

Euro; I have added a mid line to that Euro channel, if it is one, to see how the price has reacted to it. If the line is valid it may offer support given where the price is today.

4 Hour Strategy (MACD)