I still stick to those pairs. Because Phillip started this forum with those and make money from them. Unless Phillip says so, I will stick with them. Yes what you said about those 2 pairs is what I am going through. But I have posted my concern on ...

4 Hour Strategy (MACD)

Two most difficult things about forex are determining when to enter and when to exit a trade!

4 Hour Strategy (MACD)

Hi Richard, Thanks for posting. Don't know I think could have traded here on the H1 chart. GBPUSD moved away from 21ema. And it is a trade between 21ema and 89sma. It was a chance for about 19ips. There was a pull back to 21ema on H1 and could have ...

4 Hour Strategy (MACD)

Great! And thanks. That's what the market is doing now, obvious on the 1 hour chart.

4 Hour Strategy (MACD)

Thank you very much. It works perfectly well.

4 Hour Strategy (MACD)

Here is a question on EURUSD. Thanks image image

4 Hour Strategy (MACD)

I have an issue here since I started using the coloured MACD. I can see the level lines (15,30,45, -15 etc). If you look at the chart below the lines are too close together. I reset it to 150,300 etc. but will disappear when I switch to different ...

4 Hour Strategy (MACD)

Yup, that's what I have in mind - trade between 21ema and 89sma and wait for the bounce. The other currencies that I am trading .... no sign of possible buy or sell yet. But i have USDCHF and UDNZD which I have analysed. What currencies do you ...

4 Hour Strategy (MACD)

Thanks Richard and LAB for your patience and taking time to reply. Ok, let's keep watch of the GBP market together and learn. I have posted 2 chart on Daily and H4. I don't know is that what you meant by the RB on Daily you mentioned. If yes, ok RB ...

4 Hour Strategy (MACD)

[quote=yaakruay;7472989] Keep reading and watching everything you can about trading, it is frustrating and you will definitely NOT be relaxing on your own private island trading from your hammock. No sir. But with determination lots and lot and lots ...

4 Hour Strategy (MACD)

Often enough, the price moved just so fast, can't even catch a trade on 5min. It could move up to 70 pips within just one 4hr candle. Even at times price moved about 40pips, 50pips market would stall just about there plus SL rather big to enter ...

4 Hour Strategy (MACD)

Hi, I have got a question here. I have sort of posted this before about EURUSD and GBPUSD. I am not doubting the strategy when it comes to applying to other pairs. But when it comes to EURUSD and GBPUSD, it often cannot be applied. So often, so ...

4 Hour Strategy (MACD)

Hey, thanks all for your replies. Very helpful and great insight for me. Yea, sometimes it can get boring using the same colour chart, time for a change.

4 Hour Strategy (MACD)

That's what I did after posting this. Took the trade and set to BE after it moved about 12 pips and got closed out, no losses. And got an opportunity to trade breakout. And it took me some time to decide that I could trade this as breakout. Thanks ...

4 Hour Strategy (MACD)

Another chart here from AUDNZD. How would you have analyzed this chart, to trade or not to? For buy. My analysis is within the chart. Value your input. Very, very much appreciated to the person who read or rely, in advance. Thank you very ...

4 Hour Strategy (MACD)

Hi all, Did this counter trend trade today on GBPUSD. Analysis within the chart. There were 2 other pairs EURUSD and USDCHF that formed Lower High or Higher Low respectively, on MACD but I only took GBPUSD. And it was on demo account. Happy with the ...

4 Hour Strategy (MACD)

I observed EURUSD and USDCHF are in "ladder" type of movement. Price stall for some time then moved with relatively huge bar up or down in sight. So when price move after stalling, can this be considered a breakout?

4 Hour Strategy (MACD)

Is GBPUSD going to continue moving downwards. For short? Have I analyzed the chart correctly? image

4 Hour Strategy (MACD)

Hey LAB and Richard, Thank you for commenting. I don't realise this trade was not a good setup. This is one area that bothers me, I don't know how exactly to identify good set up thus sometimes end up taking high risk trade. Studying the lessons is ...

4 Hour Strategy (MACD)

I have here spotted this trade on Friday but I did not take it. I watched it forming on the 4hr and on the shorter TF, 15min to 1hr. Comments please. Thanks image image

4 Hour Strategy (MACD)