Another potential set up for this week. Rhythm, pullback to 21ema, continue to 77.50 level. There is divergence to notice in this pair as well which means it may continue to correct for a while longer before moving off. It is almost like resetting ...

4 Hour Strategy (MACD)

Hi Gabryus, Welcome my friend There is a lot of information provided in this thread, I would strongly recommend any new traders studies it very carefully. All the information needed to be successful is right here. Very kindly put together by Phil ...

4 Hour Strategy (MACD)

Here is a nice trade from last night that could have been taken. You can see the really nice market rhythm in this trade. Price pulls back to the 21ema, smashes through the 1.9500 number so we keep with it, now it is approaching the 1.9750 level. ...

4 Hour Strategy (MACD)

Thanks Nausting Some really good set ups this week, plenty of chances to make good $$$$ The EurUsd trade I posted early in the week looks set to complete, was around a +100 pip trade. Hope that helped someone make some $$$$

4 Hour Strategy (MACD)

EurUsd counter trend trade Rhythm - 4h pullback to 21ema 1h Break of 21ema, pullback, move to 89/200/365/price level. Many traders don't realise this. A counter trend 4h trade IS an break 21ema, pullback, move to 89/200etc. Just as a 4h break of ...

4 Hour Strategy (MACD)

Hi Nausting, Glad to see you back Thank you for your kind comments. Yes I agree. I know one of the biggest problems for new traders is confidence, "does this actually work or not?". If new traders don't know if the system or method works or not, ...

4 Hour Strategy (MACD)

Hey Mobber Glad you caught it, sadly I was asleep so couldn't manage it, but trades come all the time so it's no big deal. You did well as that one really had the ability to test traders patience. Many people would pull out as they want quick ...

4 Hour Strategy (MACD)

EurAud Trade closed out last night. Price went to target from a major news release which I couldn't watch, so I took a part of my position off at a small loss of -11 pips and gave myself a slightly wider stop to allow for volatility. I also had to ...

4 Hour Strategy (MACD)

EurAud Potential Set Up in 1h Market Rhythm

4 Hour Strategy (MACD)

Quite a few good potential opportunities this week, I thought I would put a couple up for those interested. Lets see how they play out, hopefully we get the chance to enter and make some pips

4 Hour Strategy (MACD)

I forgot to say, if you look it is could also easily be a break of 89/21 lower, pullback and looking for another continuation lower. So you can see it is hard to gauge clear direction from here.

4 Hour Strategy (MACD)

Hi Rare, This is what I am seeing if we are looking to the upside. I guess that trade is possible but I personally can't see enough evidence to be involved. The market rhythm isn't "clean" it's a bit messy (can be above or below 89sma from here just ...

4 Hour Strategy (MACD)

Hi Rare, The method laid out by Phil suggests trading in the 4h time frame but early entries can be taken on the 1h. He says this for a reason and I would also strongly recommend this. Phillip has laid out many lessons which can be found at the ...

4 Hour Strategy (MACD)

GbpJpy - Closed Trade - +50 pips UsdJpy - Closed Trades - +157 pips and + 60 pips (Total = +217 Pips) Total for both trades = +267 pips Total for week = +1,248 Pips Closed the rest of my positions even though my expectation is for some higher moves. ...

4 Hour Strategy (MACD)

Closed out NzdJpy for B/E, not worth it anymore Nzd and Jpy are both weak so the NzdJpy is not doing as anticipated, it just looks a mess. As a 1:1 R:R, counter trend trade, towards the end of the week (I like to wind down my trades so I hold few if ...

4 Hour Strategy (MACD)

NzdUsd Trades Closed - +44 pips and +33 pips Total = +81 pips Total for week = +981 Pips

4 Hour Strategy (MACD)

GbpAud Closed out at loss Total - -161 Total this week = 972 - 161 = +811 811 + 89 = +900

4 Hour Strategy (MACD)

GbpUsd Trades Closed - +54 pips and + 29 pips Total +89 Pips

4 Hour Strategy (MACD)

Hi Mobber, Yes trading really requires practice and a certain amount of decision making. I honestly wouldn't bother trying to create a robot, you stand to gain much more from studying how to trade. The author of this thread has laid out a huge ...

4 Hour Strategy (MACD)

GbpAud - First full losing trade this week GbpAud trade is about to close for a loss. I posted it earlier in the week with a tight stop, I cut half the position for virtually break even and doubled the stop as we had news on Wednesday and it needed ...

4 Hour Strategy (MACD)