You can come to my dinner parties (I'll be at the kids table anyways). I agree, enough fundies.... Don't you love the govt/banks all coming to the rescue, when if fact these are the very same folks who "financed and created the "American Dream"" ...

4 Hour Strategy (MACD)

That would be true, but the LIBOR, which is the rate most adjustable interest rates and general mortgage rates are based on, hasn't responded to the cuts: url Also US housing unlikely to get a big boost even if the rates were coming down as 1) ...

4 Hour Strategy (MACD)

Very good advice. Think as the market as a train (to Pipville, or worse anti-pipville, aka a loss). You board if and only if you have a good idea where it's going, and when. i.e. you wait for the market motion, train leaving the station, then you ...

4 Hour Strategy (MACD)

I agree, govt. states a strong dollar policy, however, almost every action speaks otherwise (huge spending, huge debt, easy credit, lax lending standards, etc) "Don't mind that man behind the curtain" (Wizzard of Oz)....

4 Hour Strategy (MACD)

Excellent analysis Pips (of course). My only addition would be another FMOC function is to maintain the banking system (i.e. prevent the credit markets from locking up). They do this my "keeping money flowing". Days of easy money from BOJ and FMOC ...

4 Hour Strategy (MACD)

Apparently the market didn't like our upper trend lines... NO RESPECT!!!! I don't think it was a bad trade/expectation, however, I think we were imposing our expectations, on a week MACD signal. Market hadn't shown it's hand

4 Hour Strategy (MACD)

I'm "rushing" into trades. As Ryan pointed out last night, this pair did NOT have PAction. Trade was entered based on an expectation, not based on momentum or motion. Should have been waiting for the market to show it's hand, rather than imposing my ...

4 Hour Strategy (MACD)

Mine does show red 00:00 candle. 200 too close for a good R:R, however, it didn't provide much resistance on 12/6. Plenty of room to my trend line. Took the short SL 1.4674, first tp at 30 pips, second at 60, rest let run (3 orders) Will move to BE ...

4 Hour Strategy (MACD)

Great advise... Looks like the USD/JPY is back down to the 8MA.... Possible TC in the making?? Actually I would like to see it go down to the trend line and/or 21EMA

4 Hour Strategy (MACD)

Maybe get a bounce on the 200 (E/U) will make for a better entry.... only a little over 8 hrs to NFP.... I'll most likely pass since I'm away from the desk all day tomorrow... Good luck..

4 Hour Strategy (MACD)

Hmmmm, I'm watching that one for a TC. I have a trend line intersecting with the 21 around 1.4665. Anticipating market to bounce off 21 and bottom of TL....

4 Hour Strategy (MACD)

Missed that one off the 8MA.... Afraid of overhead resistance (and R1 at 111.28). UNLV, as a newbie myself, I'm concentrating on TC's only, as my first two demo trades were counter trend (both losers)... My biz plans are to trade TC's only in demo, ...

4 Hour Strategy (MACD)

E/U, I set a 20 pip alarm as well. Looking at it (should be sleeping, as it's 1:21AM). What I don't like is the last 3 candles on my chart all closed above the 89. RT possible, but I fear the 89MA didn't provide resistance and has now become support ...

4 Hour Strategy (MACD)

Yen!!! — Did the same thing. Looked like a tweezer bottom on the 1 hour chart that had found support numerous times on the 21MA. Learned my lessons as well as 4H was showing MACD divergence and never showed a hint of a TC..... Next time I'll ...

4 Hour Strategy (MACD)

TC will be when (and if) the yen changes direction to the upside (trend continuation) and the MACD signal turns back to green on your 4Hr chart. 23:00 and 00:00 bars are red.

4 Hour Strategy (MACD)

Thanks Ryan and for all that have shown success this month. I like your MO. Last thing I want is another full time job staring at a monitor all day. Don't get me wrong, I'll do the work.... Looks like we maybe able to ride the dollar rally in ...

4 Hour Strategy (MACD)

Candlesticks — Any one know of a good on-line tutorial or e-book on Candlesticks?? Would like to learn a little more to get a better feel of emotion. PS Quiet in the markets. Bernanke to speak at 7PM EST. Talking heads on CNBC would like to ...

4 Hour Strategy (MACD)

Just in demo mode, I see: Possible TC on the u/j. May have found support on the 89 and set up the TC long G/U bouncing off lower trend line, but lots of congestion 200/89 all near lower trend line. likely skip that on E/U. May have found support on ...

4 Hour Strategy (MACD)

Thank you... so locking the MA on the 1hr (from the 4hr) makes sense for me. That way I can see the important MA's and not get confused.

4 Hour Strategy (MACD)

Great to hear Merritt. I'm a newcomer, just starting to demo. Great to see that you just started yourself and have 400+pips in the bag. Very good to hear. Congrats....

4 Hour Strategy (MACD)