Hi TRADEMIN GBPUSD in 25pips gain now. How should I fine tune the SL to maximise my profit? image

4 Hour Strategy (MACD)

Hi Jonny, I am trying to understand this bit by bit. Is my understanding correct: i) A wave should be WITH the Trend e.g. moving away from 21ema ii) B wave should be AGAINST the Trend e.g. pulling back to 21ema iii) C wave is the one giving the ...

4 Hour Strategy (MACD)

I also got killed in NZDUSD. This morning I woke up and I re-enterted NZDUSD and EURUSD because the rhythm gave me the opportunity to do so. Am making some pips now. As for the lost trades, I sill believe it's because of RED news last night that ...

4 Hour Strategy (MACD)

I got taken out by SL on EURUSD. NZDUSD running at a loss of 14pips at the moment and 12 pips gained so far for GBPUSD. RED news especially unemployment claim in US. Disobey my rule again. Yvon or anyone out there who took these pair, how did you go ...

4 Hour Strategy (MACD)

Did you use the lower TF to enter? A look from the chart, you entered like half way when candle was forming on H4 TF, while it was moving away from 21ema.

4 Hour Strategy (MACD)

Trademin, I have posted a chart a questions on post 28,081. Can I trouble to help me with that. It's about stop losses that I have asked before and I said I will post a chart later. Thanks.

4 Hour Strategy (MACD)

Jonny, I have drawn it on NZDUSD chart, 1 Hour. Is this what it is suppose to look like? There might be a move down to south on the 3rd wave? image

4 Hour Strategy (MACD)

Thanks Jonny. But how do we determine / decide at which point to start drawing the wave?

4 Hour Strategy (MACD)

Hello Jonny, Can you share more about the zig zag retracement that you mentioned here, please. Thanks Nicholas

4 Hour Strategy (MACD)

image Took this EURUSD on 5th August, Tuesday. It was a late entry as I was all focused on GBPUSD which took me out at a loss. I took it after it has moved about 17pips, so SL was about 30pip. Since it was a late entry, I tested it with a very ...

4 Hour Strategy (MACD)

Hi Binnie, This is the chart for GBPUSD during entry. SL is about 25pips. And I read JP's post, I am not familiar with zig zag retracement so it makes it a bit hard for me to understand his explanation. I understand from my own observation in the ...

4 Hour Strategy (MACD)

Binnie I Sold pound and was killed with 30mins of entry. I tested it on demo account because of RED NEWS. My observation is that when GBPUSD goes uptrend, EURUSD goes downtrend. Before I took GU, I check on EU it was moving downtrend so I was a bit ...

4 Hour Strategy (MACD)

The market seems uncertain. Watching AUDUSD, AUDNZD and NZDUSD since Monday with no trade taken thus far. NZDUSD - at this moment, the pair has made the pull back and LOOKS like it is pull away. Waiting for confirmation i.e. close of this last ...

4 Hour Strategy (MACD)

Thanks Yvon. I will come back to this another time, with charts to illustrate my questions. And to make it easier for you to understand my question.

4 Hour Strategy (MACD)

AUDUSD Very tempted to pull trigger for BUY at time to posting. Market looks like it is going bullish for the following reasons: >Market movement is constrained with minor TL / 21ema and 8ema. Tested these MAs and not yet able to break them (maybe ...

4 Hour Strategy (MACD)

Analysis for AUDNZD on a Monday, 4th August image image

4 Hour Strategy (MACD)

I am thinking about this pair too. But based only on the H4 TF. I could not make sense of the Daily and Weekly TF so thanks for posting your insight. What is mirror resistance? I don't remember this mentioned by Nel, or did he? Have a great week.

4 Hour Strategy (MACD)

Hi, Thank you for your reply on my post on AUDNZD. Referring to the Kiwi you traded, how do you decide the SL. I mean, you entered a trade then you set a (initial) SL. Then when the market has move and making profit you adjust your SL so that you ...

4 Hour Strategy (MACD)

Similar case here. I took the sell trade yesterday after the pull back to 21ema and move away. Was making nice 12+ pips but before I went to bed, I forgot to set the SL to entry price so than in any case should the market pull back, I would be ...

4 Hour Strategy (MACD)

Now about trading between 21ema and 89sma. I have this issue whereby I am not sure if a pull back has occurred. Please see comment within the charts below. image image

4 Hour Strategy (MACD)