I completely agree, the plan should be to let all this data wash out & see where the market takes us. There was a nice CT on the EUR i took yesterday which netted 180 / 200 pips I post that next

4 Hour Strategy (MACD)

Check MIG mate, i've had no problems with them & they now have a online application.

4 Hour Strategy (MACD)

Hello ARtuRO, Palmer uses has configured his fib levels himself. If you highlight the fib stufy and right click on it you should get a list of options. Pick Fibo properties and in there you can add them in. Tip to get the price to display use this: ...

4 Hour Strategy (MACD)

you could try playing around with larger EMA's althought i'm not sure how actuate that would be :/

4 Hour Strategy (MACD)

Hello OR, The bears have definitely taken control, if you follow Elliot wave theory this down move is the start of the 3rd wave. Before going short we should wait for the retrace & confirmation. The daily chart shows a large bearish engulfing candle ...

4 Hour Strategy (MACD)

Most popular indicator is the MACD coloured v 1.02 which I have attached. Hope this helps. Cheers WG

4 Hour Strategy (MACD)

Phil, I could not agree with Palmer more. Now that you have moved on to other things I feel myself & the others have a responsibility to continue teaching overs about the system. Its save in our hands Good luck & thanks a million! Speak soon WG

Phillip's late night dinner table

I agree - its pretty choppy at the moment. NFP is my only concern with my long which I opened yesterday, really don't want to keep it open over at as anything can happen and its likely to be a big one to kick off 2009

4 Hour Strategy (MACD)

EUR/USD Long @ 1.3747 — Good Afternoon everyone, 1st off i'm just checking i'm on the right time frame as everyone else? I had a signal on MACD 45mins ago (time of writing) - i.e. 15:00 (UK time) Anyways back to the trade - was unsure at 1st ...

4 Hour Strategy (MACD)

TC on the EUR/USD — Has anyone taking this on? I'm not really sure as the 1H has formed a dragonfly doji which supports the support line at 1.3548. Together with this i'm feeling the rhythm on the 4H is a little choppy and unsure. Think i'm ...

4 Hour Strategy (MACD)

TC on EUR/USD — Morning All, Palmer: I agree - was hard to spot but had good Risk/Reward. This mornings setup was far easier and much more clear. Managed to net another 100 pips See attached: Any questions?

4 Hour Strategy (MACD)

Did anyone take on the EUR? — Afternoon everyone, having looked back through this morning's trading - no one took the down move on the EUR? Managed to net a nice 95 pips to start the year. See attached:

4 Hour Strategy (MACD)

Really good trade that! I mist it again Haven't managed to catch anything these last 2 days, oh well at least i'm saving my ammo!

4 Hour Strategy (MACD)

Wapen: I think you are a little confused with your terms. A Short trade means that you are going to sell. Going Long or Long trade means that you are going to buy - these terms do not refer to the length of the actual trade.

4 Hour Strategy (MACD)

My setup is pretty much the same as Palmer - I have a 3G broadband card for my laptop which I pay £7.50 a month for. I use MIG as my broker & although I have not withdrawn money out of the account yet I have had NO problems with them or slipage. ...

4 Hour Strategy (MACD)

in fast moving markets, use a timeframe like 5M and count 3 bars back from the current candle. The highest point over the 3 candles - that is your stoploss, i.e. if price breaks the high of the previous 3 bars then your out Worked really well ...

Cable Update (GBPUSD)

Good trade In a market moving as fast as this I used something called the 5min 3 bar rule which means i'm still short.

Cable Update (GBPUSD)

No No its due to the fact that this news is far worse than expected therefore the bad news will keep coming our way.

Cable Update (GBPUSD)

People are taking the sentiment whatever happens in the US will happen here. If there is still bad news coming out over America then things here are going to get a whole load worse! Short from 7636 (on live )

Cable Update (GBPUSD)

where do you get that rate / information from? I'm looking online and cant find anything? cheers

Cable Update (GBPUSD)