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EricthePip replied Nov 28, 2007Thanks for posting your views showing the 1hr/4hr. Quick question on the 1hr usage. I downloaded the mq4 file to "lock" the moving averages to from one time to another. Do you use the 1hr moving averages for confirmation (or S/R) or just the MACD ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 27, 2007There are occasional live calls, but most are not. Learn the system by reading the thread and demo trading. When you do that I think you'll realize that most of the system (rhythm/filtering/emotion) will NOT be able to be programmed. You can get a ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 27, 20073 Sisters??? — Don't know if this applies, as I've only heard the three sisters example used for price formations, but if I may there is nice "MACD" three sisters forming on the E/U on the daily. It's at least a divergence of the late ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 26, 2007Actually for me boredom=fishing/boating time.... Just installed a 22" Samsung LCD monitor, so maybe now chart time will be more fun!!
4 Hour Strategy (MACD)
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EricthePip replied Nov 26, 2007Thanks Ryan for the encouragement. Boring is good, I have kids to give me grief...(and a wife)...
(not to mention a boss
)4 Hour Strategy (MACD)
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EricthePip replied Nov 26, 2007I've noticed it more in the yen pairs (G/J, A/J, E/J). Credit woes bad for both the equity markets and "cheap money" (carry trade). Great to see all the 'ole timers' on the thread making lots of pips and more importantly for us newbies, being ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 21, 2007Holiday — I suspect they will both be light volume. Not sure when the Japanese markets close, but they also celebrate Labor Thanksgiving in Japan. My companies offices are closed (in Japan) both Thurs and Friday.... And their FX market is ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 21, 2007Yen — Noticed it went up and bounced off the 21ema. I would expect "the market makers" to be able to push it around with the light volume. I suspect it will test the lows to take out those stops, so maybe you'll get your chance after all!!! ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 21, 2007Yen — yes, noticed that as well. On my 4 hour this TL is at 108.33, however, when I switch to the 1 hour, it shows up at 108.19. Odd. I have mine drawn through the bottom of the tails in Apr '95 and Jan '05. Note demo-ing this pair, but looks ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 20, 2007Uneven Motion — Phil, if you have time, could you elaborate on "Motion is very UNEVEN"?? To me (novice) looks like a well behaved decline (at least on the 4H). Thanks, Eric
4 Hour Strategy (MACD)
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EricthePip replied Nov 20, 2007cable trend line — you can also draw a parallel trend line from the "new bottom". One could anticipate a retrace back to the 200, and then an entry on a TC signal to the 89..... By the way, I'm USA EST (GMT -4 I believe).....
4 Hour Strategy (MACD)
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EricthePip replied Nov 19, 2007Anticipaction — I fear the opposite (too much planning). In my past I was a counter trend trader, with a strong opinion (contrary to the motion). I find if I make term forecasts, (daily/weekly/monthly) it slants my trading/thinking and I miss ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 18, 2007Thanks — Thanks Ryanmcd for the sound advice. Need to engrain that in my head. My personality is one of CT's, and of course (to your point), it's cost me a lot of money. Going to start taking TC's in the motion/direction of the market. ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 17, 2007Bama — Palmer, I'm new to the thread and so far up to mid October. Thank you for your contributions over the last 9 months. Saw your a 'bama fan. Sorry about your loss today. Trust me, I feel your pain. I'm a alum/fan of ND..... At least the ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 15, 2007I second the great advise. I'm on page 396 of the thread, went through all the lessons and now (after 120+ hours and countless times I said to myself, yea, yea, yea, market motion..... if Phillip says that one more time.....). AHA, just realized my ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 15, 2007BigKahoona, I think the market is answering our questions...S1 pivot/trend line/and your 89ma (daily) all around 2.036
4 Hour Strategy (MACD)
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EricthePip replied Nov 15, 2007Cable — Looks good to me as well, but I'm a newbie and took the last lower/high even thought it broke the 200MA. This time it's broken the 365 and has found support. I also have a trend line through the lows of Mid August and Mid September ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 14, 2007Cable trade — Hello New to the thread. Still in amazement at the level of teaching and helping one another. Impressive. On page 340 so far in my study.... Learning Thoughts on this attached trade in the cable?? (first demo trade) Rationale: ...
4 Hour Strategy (MACD)
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EricthePip replied Nov 13, 2007Hello — Hello all, I'm new the the thread, but feel I know you all (I'm up to page 260!!!, early May 2007). I'm quiet impressed with the content, support, training, and overall attitudes of this group (not to mention the profits,
) Curious ...4 Hour Strategy (MACD)