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- Chandra replied Feb 15, 2007
Phillip, If you are talking about the 12:00-16:00 GMT candle as a spinner, YES, I SEE IT! but I see it now (23.28 GMT image ). Too bad eh! -Chandra.
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Hi Pips4Uandme, Thanks for your great insight and encouraging words. I will follow your advise. One thing though. Even though the big guys (central banks) compete among themseleves, when it comes to your broker firm (or my broker firm ) it is ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Phillip and all others in this site Please pardon me for posting the next post as my response to 'pips4uandme'. It will be out of line with respect to 4hr method. But, I promise I do not do it again after the nest posting. I feel compelled to let ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
I follow your analysis. You skipped this short trade because the stop loss (to the trend line above the price) was too big. Now onwards, I too start considering skipping a tarde if it goes beyond my reasonable stop loss. It is a great thing ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Phillip, Regarding posting of RP0029 (Posting #743). May I ask you to disect each of his seven trades and comment? All of us will be benefitted from your explination. Thank you. -Chandra RP0029, you have done a great job by posting it. Phillip's ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Whyd would you think AUDUSD may fall? For the benefit of all please post your reasons so that we can learn and also comment. Thanks. -Chandra
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Thanks, Phillip. I completely understand your explination on EUR/UD. About GBP/USD: 1. Was there not 'Round Top" sell signal in MACD after the completion 8:00 to 12:00 bar? 2. You said "When the MACD gave a short signal your stoploss had to be over ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Phillip, I sent you a email about the conflict of thoughts while entering a trade. Here is one more to ponder over. There seems to be easier provision in forex tradig for big guys to take away stop losses compared to in the futures and commidities ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Iruosh, In my opinion, you were right as per MACD 'Round Top" signal when you entered a short on 4:00 candle, but you seems to have stopped out because of the trechorus "TAIL" (as Phillip emphasises its importance). The solution of giving bigger ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Conflict of views - MACD Method by hillip — Phillip. I try to bring forth the conflict of views we (at least I) experience when evaluating a possible trade. 1. When you taught us MACD signals in the early stage we simply used to take a ...
4 Hour Strategy (MACD)
- Chandra replied Feb 15, 2007
Hello, Regarding USD/JPY you are talking about, did you mean one should have gone short after the yesterday's candle touched minus 1.5 Std? As I see in today's candle, it has gone further down. Did you Sell it after completion os yesterday's candle? ...
Trading with Method BB
- Chandra replied Feb 14, 2007
Kevin, 4:26 PM EST (21:26 GMT) What do you do with EUR/USD? It is almost hitting Std. 6 !!!!
Trading with Method BB
- Chandra replied Feb 14, 2007
Kevin, Have u noticed, just you and me are in line at this time 4:23 PM EST (or 21:23 EST). Are you in EST? -Chandra
Trading with Method BB
- Chandra replied Feb 14, 2007
Hi Kevin, Did you RALLY WROTE THESE WORDSAND ARE YOU REALLY 19? May be, you have misplaced the digits in your age. You must be 91 and, hold on, must be a sage. gO AND Ask your mom about your correct age. You not only proved that the system is not ...
Trading with Method BB
- Chandra replied Feb 14, 2007
Thanks a lot. I am begining to understand how to look at a MACD signnal in a broader way. Thanks again. -Chandra
4 Hour Strategy (MACD)
- Chandra replied Feb 14, 2007
Hi Phillip, I am looking at USD/ CAD 2007-02-14, 16:00 GMT bar. CAD has travelled a long way south after crossing 89 MA and the previous bar (0:00 GMT) has made a long 'down tail' at which time a not-so-good 'trend contiue' signal formed. Do you ...
4 Hour Strategy (MACD)
- Chandra replied Feb 14, 2007
Hi Pips4Uand me, Great Study!! It is beyond my perspective! Thank you. BTW, does this relate to 4hr MACD? I am seeing things confined to 4hr. MACD. Thanks. -Chanda Today, 9:55am endy image vbmenu_register("postmenu_217580", true); Junior Member ...
4 Hour Strategy (MACD)
- Chandra replied Feb 14, 2007
1. Here is my observation about USD/CAD on Feb 14, 2007 at 3:19 PM GMT. USD/CAD is in down trend mood as Phillip qouted earlier (because it is below 89 MA). 2. Has completed a counter-trend trade upwards (long) when it completed (i) 'higher low' and ...
4 Hour Strategy (MACD)
- Chandra replied Feb 14, 2007
Hi Tamkras, I was not criticising you! I was honestly trying to find what was your chain of thought at the time you took the trade so that I can learn. Please don't read my posting as a criticism? I think I must me more careful about my postings ...
4 Hour Strategy (MACD)
- Chandra replied Feb 14, 2007
Endy, can you throw some additional explination on that point (-continuing trendline resisitance (earlier support broken Jan 09)? Thanks. -Chandra
4 Hour Strategy (MACD)