Hi Hookem28, I'm not aware of this setup that you are describing. Would you mind describing how you trade it - is it simply a break of the 2 tweezer top highs? I spend a lot of time going back through the charts looking for setups, how often they ...

4 Hour Strategy (MACD)

USD JPY — Morning / Afternoon all. My 2 cents on U/J..... Daily chart anticipation is a TC long off 89MA level. The 4hr has returned down to support which has held up to 6 or so tests. Will have to wait and see if support holds again and we ...

4 Hour Strategy (MACD)

Thanks napeharm and mike1349 for your answers...

4 Hour Strategy (MACD)

NFP... — Would someone mind clarifying the NFP announcement due shortly... At the moment, I stay out of ANY trades where Nonfarm xxxxx news is due. BUT am I right on this? Todays announcement is the NF productivity. Now, I know to stay clear ...

4 Hour Strategy (MACD)

Nicely done Phillip — This trade was a bit iffy for me, but I took it as a live trade. Not so much from the point of making money, but more to gain confidence in pulling the trigger when real cash is involved, which is where I can struggle ...

4 Hour Strategy (MACD)

Written copy - April 2008 — Written copy of Phillips MP3, post 13705.... Thanks Phillip.

4 Hour Strategy (MACD)

Trading breakouts — Palmer, thanks for your reply on ADP NFP news vs NFP news. I have a general question on breakout trades, and when an entry order is no longer valid and should be deleted... In the U/J breakout on 1 March, from what I ...

4 Hour Strategy (MACD)

NFP — Can someone please tell me if the ADP Nonfarm Employment Change (USD) announcement due out today at 1.15pm is a non-trade event for Phillip, or is it just the Nonfarm Employment Change announcement due out on Friday that is the one to ...

4 Hour Strategy (MACD)

Hi dhalsim, Thanks for your reply. I'm not sure that I totally agree with your reasoning at this point (basically, what I'm trying to say is that faced with these two trades as they happen, and without the benefit of hindsight, I don't know that I ...

4 Hour Strategy (MACD)

Anticipation Trades — Hi Phillip, I have a question for you from your 28 March Daily Wrapup, post 13235. You have marked a possible trade entry on the GBP/USD with a blue square (your picture is below). Can you please explain how this compares ...

4 Hour Strategy (MACD)

GU breakout positioning — Based on the evening star formation earlier on the 4hr (main chart), am entering a short order based on 1hr charts. TL support has been broken, so a couple of pips beneath candle low on 1hr is where I placed my entry ...

4 Hour Strategy (MACD)

Broker info — Borism, Have you had an answer to this? I'm using MIG investments ( url ) which gives same chart setup as Phillip. I'm only demo trading, so can't comment on how they are as a broker.

4 Hour Strategy (MACD)

Maxster, Thanks for your posts - I'm finding them quite helpful. Your last post brings up a question I've been pondering! So you would have been happy entering the 28th Feb TC signal on the 4H based purely on the smooth rounding on the 1H as per ...

4 Hour Strategy (MACD)

hmmm, seems charts and attachments are having trouble showing at the moment

4 Hour Strategy (MACD)

Phillip - Question on your E/U Trade — Hi Phillip, How did you decide on your SL at 1.4680 on your E/U long trade earlier? I struggled to define a SL based on anything solid so skipped the trade. You also noted that we might see some zig zag ...

4 Hour Strategy (MACD)

Thanks for the info Phillip. I like what you say on the G/U about prefering a pullback to be over at least 2 candles when the price breaks through the 21 and returns back to it to form a TC. I've also found a 1 bar pullback to be less reliable in ...

4 Hour Strategy (MACD)

Only thing I don't like is the trendline I've got, which runs from 9 November. Tested 6 times. PS. 4hr chart shown. Gone to 'Save as Picture' (MT4), but dates etc not displaying

4 Hour Strategy (MACD)

Thanks! I think a lot of it is just time as well. Just working out what is a good setup and what isn't has taken some time, but I am definitely seeing improvement (like looking back at old trades, shaking my head and wondering why I even looked at ...

4 Hour Strategy (MACD)

I like this approach - been trying much the same thing. My success rate still not up there in the 80% range yet and I find that my losses destroy my profits if I take smaller 25 pip initial profits on 1/2 my lots. (U/J trade I posted above I went on ...

4 Hour Strategy (MACD)

USD JPY — Gone short on USD JPY with TC signal (demo trade). I like that 89 and 21MA have been tested as support on 4th and 5th Feb and now tested as resistance on both 12:00 and 16:00 candle. Bit of a late entry at 106.45 SL at 106.83 1st TP ...

4 Hour Strategy (MACD)