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hijackxx replied Feb 8, 2008ergh... I don't know why.. but my mind is looking to ride EU.. I'm being impatient here.. anyone has the same feeling as I do? lol
4 Hour Strategy (MACD)
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hijackxx replied Feb 8, 2008EU is currently sitting on the long term bullish support which is a major resistance for bearish. Price was stopped there and tested the low 3 times which then goes back up and created some tails. I can't say anything unless price breaks out of the ...
4 Hour Strategy (MACD)
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hijackxx replied Feb 7, 2008Ah, yes.. "Gong Xi Fat Chai" to you Saka. Happy Chinese New Year! PS: Sorry if I spell them wrong.
4 Hour Strategy (MACD)
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hijackxx replied Feb 7, 2008-TC is trend continuation, -CT is counter trend, which is the almos tje same as trend change

4 Hour Strategy (MACD)
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hijackxx replied Feb 7, 2008Closed my euro. Target 1 was 35pips, and second closed it manually for 40 pips. Avg. 37.5 pips. Today I just learnt how to use TC

4 Hour Strategy (MACD)
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hijackxx replied Feb 7, 2008I was editing resistance level we were in, and price just broke it in a few seconds.
4 Hour Strategy (MACD)
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hijackxx replied Feb 7, 2008And I shorted EU, too. I think this is my first TC trade

4 Hour Strategy (MACD)
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hijackxx replied Feb 6, 2008Oh, my.. I'm going to make these trades good.


Hopefully4 Hour Strategy (MACD)
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hijackxx replied Feb 6, 2008Exactly, and the worst enemy is someone's opinions when we got in a trade. I'm still holding GU & EU longs.
4 Hour Strategy (MACD)
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hijackxx replied Feb 6, 2008Actually, I also took 2 long positions on EURO since price was 1.4639 and 1.4639 (only 1 pip difference), not according to the MACD though, but I consider them in a market rhythm. I felt the rhythm, I consider them in a very good CT, then took the ...
4 Hour Strategy (MACD)
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hijackxx replied Feb 5, 2008When I see price making sudden bullish movement, then retrace all the way back to it's original position I normally bail out of the pair. The question is "why"? Basically, I don't like the price pattern. I don't want to force myself like, "Oh, the ...
4 Hour Strategy (MACD)
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hijackxx replied Feb 5, 2008Hi, Phil. Your daily wrapup is superb! You're explaination about rhythm of the market by interpreting price action and S&R just filled the last question in my mind today. I took couple of pips on the long trade (which was yesterday) then closed it. ...
4 Hour Strategy (MACD)
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hijackxx replied Feb 4, 2008Hi bshadroo.. Yep, both GU and EU are in a very good round bottoms..
4 Hour Strategy (MACD)
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hijackxx replied Feb 1, 2008I'm sorry, are you trading according to the system? I don't see your chart with the MACD indicator or the candlestick. Regards, Hijackxx
4 Hour Strategy (MACD)
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hijackxx replied Jan 31, 2008Respectfully I have to disagree with you there, Saka. My trading skills is much more into CT rather than TC. I'm not that confident in TC trades. I think trading strategies depend on each of every personal preferences. I use Phil's system to support ...
4 Hour Strategy (MACD)
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hijackxx replied Jan 31, 2008NO NO NO trade (GU) — no no no trade on GU yet! Price is going sideways.. Here's my chart. Look at MACD! Horrible signals given when price goes sideways. One of the main point of trading I know: "Professional trader knows when to stay away ...
4 Hour Strategy (MACD)