Closed EURJPY TRADE — Hi Everyone: I closed out EURJPY for 12 pips at 19:18 gmt. Reason was that USDJPY was staying close to its low, and EURUSD seemed to be having strong resistance at 1.3420/30. Since it was a slow part of the day, I thought ...

Cornflower Hourly System

Congratulations — Congratulations to Felicia and the posters on this thread for a really good approach to the market! I feel that I am learning a lot from all of you. I entered EURJPY this morning at 165.50, when the 5, 15, and 30 min prices ...

Cornflower Hourly System

Saved by exhaustion -- maybe. — I squared my short position in USDCAD last night at 23:28GMT for thirty pips. My exit was at 1.0592. What I wrote last night in my journal was: "I wanted so much to accompany $CAD down another lag of its journey ...

4 Hour Strategy (MACD)

To Phillip Nell: — Phillip, I've been having the impression, for some time now, that your English is getting better by leaps and bounds! English is my native language, but, if I can communicate as well in English as you do, I will believe I ...

4 Hour Strategy (MACD)

Thanks, Pips — Thank you for the insight, Pips. I'm certainly taking the retracement possibility into consideration. For example, my little 30 point stop will be easily taken if it only retraces to the 8ma on the daily, which it did just six ...

4 Hour Strategy (MACD)

Thank you. — Thanks to all of you, and especially to you, Phillip. This is my first post in any venue on the internet, and I was much more comfortable just "listening in." However, I think this thread may actually turn my trading life around, ...

4 Hour Strategy (MACD)