TURK, as you know a round top (short trade) may easily turn into a TC (long trade). The idea is that once you see a RT in the 4hr MACD, when the first red bar has been totally formed, before waiting for the second to complete, you can decide your ...

4 Hour Strategy (MACD)

As predicted: the pips gods have punished me.

4 Hour Strategy (MACD)

FunTrader, have you back-tested/forward tested this method before? Or is this the test? Based on what do you say it is profitable? I am not trying to be critical here, I only want to understand in what stage is this system currently. I like its ...

Free from Prediction and Forcast Method (3LB)

Two Eleven, I think you are bieng modest. Your analysis was right on the spot. You believed in it, your traded it with confidence and therefore got your profit. Congratulations. My analysis was not as deep as yours, I just saw the MACD and the 89EMA ...

4 Hour Strategy (MACD)

What is m13? I do not know if this is a dumb question but Ithink this is th e1st. time to mention "m13" here

Free from Prediction and Forcast Method (3LB)

EUR/US — Ok. My 4hr candle just closed. It continues to paint red on the MACD. But the 1 hr is telling a different story. I will let this one pass.

4 Hour Strategy (MACD)

US/CAD — Went short with US/CAD @ 1.1687 MACD showing TC. Crossed 89 MA to the south. Double top at 1.8117 (sort of) TP just above a TL at 1.1623 I broke one of my cardinal rules: wait until the line is completely painted in MACD. But...I have ...

4 Hour Strategy (MACD)

Eur/us — I was ready to short this pair, but the 1 hr MACD is showing a strong reversal to the long side (sort of a RB but more pointed than rounded). I gues I will wait a little longer. Any thoughts?

4 Hour Strategy (MACD)

I will follow Jasper Friendly Bear's advice

4 Hour Strategy (MACD)

I am having second thoughts regarding this trade. Here is why: 1- Is counter-trend (89 MA is below now) 2- 21 & 8 MA are very close and there is a high probability that it will rebound from there and follow Phillip's path. So I will continue to ...

4 Hour Strategy (MACD)

Gotcha. Thanks

Steviet's Live Trades!

Fxhermit. My bar is not closing until 214 minutes and 35 seconds (thanks to the info in your indicator). So I'll wait for it to close, and then a little more. Check the 1 hour and if everything is OK....jump in!

4 Hour Strategy (MACD)

Steve, I don't quite get it (sorry: ). Does that means that you trade a fixed number of lots (equivalent to 2% of your equity per pair) regardless of your s/l size?

Steviet's Live Trades!

Steve, I have been following your method but found the following regarding pips & money. I limit my exposure to 3% per trade (I know you limit it to 2%). That means that the bigger the s/l the smaller the lot size I will trade. Well, last week I had ...

Steviet's Live Trades!

Trader101, You are showing true confidence in your system That is very important. You know that these losers are just part of the trade and that the winners are coming along. Keep catching those pips!!!

Simplicity is the Key

Hi Pilgrim, good to know that you are getting your pips back. Just for the sake of all of us here, can you let us know what were you doing in your first, losing, trades and what did you change in order to start winning? How were you applying the ...

4 Hour Strategy (MACD)

Fxnewbie, What I understand is that yes, the 1 hr signal is a confirmation of the 4hrs. So wait 1st. for the completion of the 4 hr bar (the 1st bar that draws the pattern). Usually it could be a TC or a R/TB. Since we go into the trade as soon as ...

4 Hour Strategy (MACD)

Chandra, I use MIG. Their day starts at GMT+1. SO to me it already closed. You have a ittle more time. In my case I will hold my trade until I see a red bar completely closed. This is not yet the case for Euro. Even though I agre with your analysis

4 Hour Strategy (MACD)

Yep. It closed and stayed green

4 Hour Strategy (MACD)

I am with you cityguy, even though my analysis is based on the MACD: RB, under 89 MA (bear sentiment), confirmation in 1 hr. Nice to see other indicators confirming Phillip's MACD.

4 Hour Strategy (MACD)