Excellent, I will check this strategy against my charts,

Fade NFP Effects On Crosses

I'm still short on USDJPY from last night. Looks like price didnt do much whilst I was sleeping, thanks to not-so-golden week. Still, it doesnt take much for the dollar to go down nowadays

4 Hour Strategy (MACD)

I've shorted USDJPY too at 120.08, stop at 120.33, tp at 119.65. Coupled with MACD, I'm hoping that there is strong resistance at 120.24. We shall see when I wake up in the morning

4 Hour Strategy (MACD)

I agree, there wasnt much strength to the RB that I took and it was a against the trend. Thanks everyone for your info. Analysing failed trades is just as important to me as having winning ones.

4 Hour Strategy (MACD)

Bad trade on USDCAD — Hi folks, I did a bad trade on USDCAD today and wondered if anyone could tell me where I went wrong. If you look at the screenshot below, I have marked an arrow where I went long (2nd green up-bar at 08:00 GMT). A couple ...

4 Hour Strategy (MACD)

Phillip, just listened to your recording whilst viewing chart. It all makes perfect sense. You are a genius

4 Hour Strategy (MACD)

Yep, it's the same as people trying to get in before the spike. A broker will let you do it for a while, and you will trade larger and larger lots until one day when they start slipping your orders, put you on manual execution, etc.

clearinghouse arbitrage

Ok, my first Mystic Meg prediction... The sun is in Uranus today. Make sure you're standing when you take trades. Also, red is a very unlucky colour this Thursday. Green will open many doors for you.

Predict dollar movement using astrology

Market makers eat small traders for lunch

Do market makers eat lunch?

Yes, there were plenty of opportunities where this trade could have been closed as a winner. Unfortunately I was at work so couldnt close it out before the news Thats why I'm only trading pennies until I can give it 100% !

4 Hour Strategy (MACD)

I dont like the idea of going long. I'll probably be made to eat my hat now but we dont know which way MACD is going to go yet. More importantly to me, aswell as the resistance that Phillip pointed out, the daily chart shows a pinbar indicating ...

4 Hour Strategy (MACD)

Sorry if I got this wrong, but doesnt Phillip mean that there is a possible short on GBPUSD. MACD is pointing downwards and we've hit resistance above. One other thing maybe someone can answer: Do you think the best signals for a given currency ...

4 Hour Strategy (MACD)

Thanks Josh. I like to look at the 4hr and daily and take a large stoploss for a slightly longer-term view.

4 Hour Strategy (MACD)

Thanks! Glad my thoughts are in line with the expert. The tail goes into a very nice resistance area. I have taken a stoploss below the pin. The target of 1.3330 looks good too. I'm still only trading with pennies, but learning

4 Hour Strategy (MACD)

Hi all Just gone long on USDCAD. As well as higher and higher round bottoms, there is also a pinbar (for those who subscribe to James16).

4 Hour Strategy (MACD)

Makes me realise how old I'm getting, seeing fashions the second time around

4 Hour Strategy (MACD)

2.0110 seems to be the highest back to 1992. We have to go back even further to the 1980's to see the currency at really heady heights! Brick-phones, braces, champagne, city wide-boys and Margaret Thatcher Just my tuppence worth, but we place ...

4 Hour Strategy (MACD)

Hi folks, I know Phillips system works very well as it is, but what about considering confirmation of a possible trade with another currency pair. I'll give you an example: I went short on Cable at 2.0070. Now I know that MACD is still giving a ...

4 Hour Strategy (MACD)

Thanks for the info Willem. I guess I need to apply a bit more discretionary thinking before I use this method.

5Min Intraday System

Hi folks, I'm still reading this system after learning Phillips excellent 4hr macd system. Could someone tell me, would this have been a failed trade: The 50 ema angle looks good and we had a pullback into the 10/21 ema zone.

5Min Intraday System