WOW!! what happened to the thread. Good stuff. For anyone interested and new to trading I would recommend buying forex tester 2. I've had it for 2months now and it has helped me allot. You can forward test this strategy and practice it. Much better ...

4 Hour Strategy (MACD)

Hi Could someone please remove the bottom part for me of this indicator. Regards

I will code your EAs and Indicators for no charge

Hey Nic. If you are referring to trading the daily chart then yes. Phillip has tested it and has posted the results for the EURUSD somewhere in the middle of the thread. The results were positive. Don't know about the weekly and monthly.

4 Hour Strategy (MACD)

I just want to encourage everyone again to just stick to one strategy and not jump around. It is so tempting to check out other strategies and put your trust in other traders. There's one trader here on FF that has over 10000 replies. One would ...

4 Hour Strategy (MACD)

I do apologize for my comments a few pages back. I really thought that when Eitan posted his system on those other threads I thought it was a scam. I will also follow this thread and hope to learn something new.

Eitan's Project

It looks like price on the 4H is ranging on the daily 200sma so we might see a move up. I would wait for a break of that small range on the 4H and then trade the pullback. IMHO.

4 Hour Strategy (MACD)

Hey Nic see if it works now.

4 Hour Strategy (MACD)

Here are my comments as usual. You got it spot on with the Daily. Price broke the 21ema and pulled back to it so now we expect a downmove. Now going down to the 4H I would only be looking for going short. But looking at the 4H price is between the ...

4 Hour Strategy (MACD)

I also agree. Many many many traders look at the daily TF before they go to their shorter TF strategy. Use the daily for your major support/resistance and trade in the direction of the daily TF by looking at the Daily MA's. Then switch to the 4H and ...

4 Hour Strategy (MACD)

Hey Nic. That's why you can use the shorter TF's (1M, 5M,15M) to get in the trade. Phillip explains this in his most recent videos (Dec 2013 posts). If you missed a move you can always get in and be part of it. But this takes lots of experience. The ...

4 Hour Strategy (MACD)

Thanks Mike. I've installed it and it does make a difference.

4 Hour Strategy (MACD)

You could take this trade and just go to BE once the grey resistance area is reached and that way position yourself for a breakout. The other option is to monitor the 1H chart and look for any reversal patterns at this grey resistance level and if ...

4 Hour Strategy (MACD)

Yes the chance of success is higher when there is a DT/DB or a sHs on the MACD or price. These are reversal patterns so TP's can be big.

4 Hour Strategy (MACD)

It looks like we might see some down movement. There is divergence on the daily and price currently below the 21ema. Your chart looks good but just remember the 21 and 89 are close together so sometimes price moves up and down over here. But seems ...

4 Hour Strategy (MACD)

Here's a trade I took today. First one in 3 weeks. TC off 8ema which was a bit risky but the signal candle was a news candle of which the result was worse than expected for the EUR giving the down move a higher probability. Signal candle also an ...

4 Hour Strategy (MACD)

I personally think it was not a good setup. But again I'm not the expert here. In my opinion you should only use the MACD on the 1H TF because like I said before the 21ema on the 4H corresponds to 89sma on the 1H ect.... Using the MACD on shorter ...

4 Hour Strategy (MACD)

Example2: We expect price to jump off the 8ema on the 4H TF so we switch to the 1H and look for a bounce of the 21ema on the 1H TF.

4 Hour Strategy (MACD)

Nic when you say smaller TF are you talking about the 15M ect... or the 1H TF strategy explained on post 1? If you go back to the posts from December 2013 there are videos that Phillip posted on how he trades 5M, 15M TF's. Here is a short ...

4 Hour Strategy (MACD)

Haha It looks like you're on your way to a 1000 pips. I hope you're not secretly trading the Guru Machine.

4 Hour Strategy (MACD)

Here's something interesting I've learned. For anyone interested and anyone trading the AUDUSD or USDCAD or both. These pairs move in opposite directions. When there is High Impact news (Unemployment and Rates) which involves either the AUD or CAD ...

4 Hour Strategy (MACD)