Liked the price action, however both pairs only recently came off (broke above or below) their 21's and are counter trend trades. The expectation would be to only to make it to the 8ema, thereby R:R would not have been good. Just my 2 cents.

4 Hour Strategy (MACD)

Written copy of Daily Wrap up March 13, 2008 — Written copy

4 Hour Strategy (MACD)

Ironic hey. They take your money (taxes) and then find a way to screw you out of more!!! 200Billion "loans" AND lost pips!!!

4 Hour Strategy (MACD)

This is a question for your broker. But having a account in one currency doesn't prohibit any pairs. It's simply a matter of which pairs your broker offers.... Eur/Jpy = eur/usd times usd/jpy Point is there is always a multiple of pairs that will ...

4 Hour Strategy (MACD)

Which by the way is why many traders don't hold positions through big news and over the weekend. The two times when a high percentage of the gaps will form (particularly over the w/end)

4 Hour Strategy (MACD)

Sorry man, this one is 70 minutes long and would take over 8 hours to transcribe......We take turns each spending about an hour per turn capturing Phillips Updates and educational material. Most of us have jobs, trades, and family (4 kids here). ...

4 Hour Strategy (MACD)

Written Copy of March 6, 2008 Break Out Trade — Written Copy of March 6, 2008 Break Out Trade

4 Hour Strategy (MACD)

Thanks RM, I'll get that going.

james16 Chart Thread

I use Interbank in the USA since my bar closes at 3AM and so it includes the euro open. Different brokers operate in different countries and have different data feeds. Different data feeds will obviously have different looking charts and candle ...

4 Hour Strategy (MACD)

Commodity charts — I wish to look at a number of commodity markets daily charts without have to create each chart one by one. For example I have a daily profile in MT4 so I can look at each daily pair in a matter of a couple of minutes. Anyone ...

james16 Chart Thread

Hey, you can do your wrap up in Chinese, and we can read them in "broken" english (translated)....

4 Hour Strategy (MACD)

Great chart. Some serious MACD divergence. Not sure there is such a thing, but looks like the headless horseman (Price). aka s-h-s minus the head....

4 Hour Strategy (MACD)

Looked good to me on the 4hr, as on Interbank, it was a beautiful PinBar on my chart. Which was your engulfing bar on the 1Hr. eric PS Now back to class.....

4 Hour Strategy (MACD)

Now that's worth the price of this system..... Great joke.... Seriously, thank you Phillip for all your posts/training/tradelogs/mp3's/etc. I personally have learned more since November from you and the others on this thread than all my 10+ ...

4 Hour Strategy (MACD)

Eur/GBP — First post...., but Daily on the Eur/GBP looking heavy?? Nearly a PB on 2/29, two doji's since (ignoring Sunday bar) and a a few pips from a triple high... About 2 hours to close.... Worth watching for some PA the other way?? Of ...

james16 Chart Thread

Aprilish..... I guess we can wait. See you then Donna.... I hope you don't start typing with the southern draw....

4 Hour Strategy (MACD)

Not sure what you mean. It was a clear TC, doesn't really require an opinion. Not defending the trade, as it's not mine, but there is a TC.... (please see chart)... And on another point. A real sweet trade would have been the pin bar (local low) on ...

4 Hour Strategy (MACD)

Looks like a solid entry per the rules. I would however get protective around 9940-9950. This is the 50% fib and going back all the way to the fall of '07 looks to be a popular place for support and resistance.... (could turn on you)....

4 Hour Strategy (MACD)

Oanda was smooth.... (as typical)...

4 Hour Strategy (MACD)

Written Copy of March 3, 2008 Daily Wrap Up — Text copy of 3/3/2008 daily wrap up....

4 Hour Strategy (MACD)