- Search Metals Mine
- davidwu61 replied Sep 8, 2011
Good Jobs. May I ask how much are the stop losses for these trades and what is the max stop loss you usually set ? Also, if you care to answer, EURUSD has been oversold for a long time, what are the reasons (technical analysis related) that keep you ...
4 Hour Strategy (MACD)
- davidwu61 replied Sep 7, 2011
Feels like audusd is going to make some major move after 6:30pm (pacific time) AUD news. Double bottoms forms on MA89, neckline has been broken already. If the news turns out to be negative, I figure AUDUSD will fill the gap and then move downward; ...
4 Hour Strategy (MACD)
- davidwu61 replied Sep 2, 2011
Congratulation, most Eur related pairs are oversold, it took gust to enter. Scary ride for me.
4 Hour Strategy (MACD)
- davidwu61 replied Sep 1, 2011
>diversion sorry for my typo > Don't you think that price should do the correction by going down? That is not what I mean. I am saying that it is too early to say because daily MACD and ADX still shows bullish sign. (daily MACD is going up, ADX is ...
4 Hour Strategy (MACD)
- davidwu61 replied Sep 1, 2011
Attached two charts with MACD diversion pattern. There is a long term MACD which approximate the daily MACD. The ADX shows the bullish atmosphere. Please note the difference in the indicators for the succsesful diversion pattern and the one you ...
4 Hour Strategy (MACD)
- davidwu61 replied Aug 17, 2011
As Phil ha explained somewhrer (may not be this thread), he used this set of param when the price movement is so volatile that he needs a more reliable than faster MACD signal.
4 Hour Strategy (MACD)
- davidwu61 replied Aug 15, 2011
image My indicators include a (30, 78, 6) MACD and "Waddah Attar ADXBollinger", both show flat, I would avoid trading when that happen because the direction and momentum are not clear for me. Breakout this morning is due to the news, so we can not ...
4 Hour Strategy (MACD)
- davidwu61 replied Aug 15, 2011
I agree with the resistence part. But it seems lack of momentum to go anywhere for now. May be you are right. But I would avoid. David
4 Hour Strategy (MACD)
- davidwu61 replied Aug 2, 2011
Any problem with the global time. The following page can help you url David Wu
4 Hour Strategy (MACD)
- davidwu61 replied Jul 27, 2011
image My trade last night. Reason for short: 1. Congestion formed near MA 21(4H). 2. MACD (30, 78, 9) is in negative zone and lack of positive momentum. 3. Stochastic shows overbought and starts turning downward. 4. MACD(5,13,1) shows downward ...
4 Hour Strategy (MACD)
- davidwu61 replied Jul 26, 2011
No matter, with the momentum of the AUD these day, you are making much more pips than you know. David
4 Hour Strategy (MACD)
- davidwu61 replied May 25, 2011
Phil, The recent posting and videosare really helpful. Actually, it explains your system much better than static diagrams. Thanks for the great work. David Wu
4 Hour Strategy (MACD)
- davidwu61 replied May 12, 2011
It works fine for me. Something is wrong with your download process (hardware/software/isp)
4 Hour Strategy (MACD)
- davidwu61 replied Mar 17, 2011
WASHINGTON (AP) -- Finance officials from the Group of Seven major industrialized countries on Thursday agreed on a coordinated effort to weaken the Japanese yen, which has surged to record levels following last week's earthquake and tsunami. A ...
4 Hour Strategy (MACD)
- davidwu61 replied Mar 2, 2011
Same here, If I took prfit when the price stall, it moves on; Otherwise, It moves against me (more than 20 pips) My solution is Take partial profit when it stalls and set BE. Also, did you notice the time when such violent move happened, I think ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 17, 2010
Just my opinion, 2 things to think about for this, 1) What is most likely max profit for this pair during a trend, if it is <= 150 pips 70% of times, then it imight be reaonable to take profit ar 136 pips. 2) What is the average movement before a ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 7, 2010
Here is my test report for GBPUSD and the parameters used for this EA. 10 years period from 2000 - 2010. TF: Daily image file The EURUSD (see 2 posts above) reward rate seems to be low, but can be increased by setting the risk level of the EA t0 ...
8EMA/21EMA plus MACD and RSI - The worst system you have ever seen
- davidwu61 replied Nov 6, 2010
We are talking about 10-year period (simulated) track record of 7%/yr reward. Plus it is pretty hard for EA to avoid bad trading obvious to human eyes. But this EA provides good risk management. Actually if your claim (21% reward) is true and ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 6, 2010
There are some consecutive losses which occur when the MA21, MA89 and MA200 are located very close as explained by Philips (H4 MACD method). I am not sure how to make the EA avoid trading during these occasions.
8EMA/21EMA plus MACD and RSI - The worst system you have ever seen
- davidwu61 replied Nov 6, 2010
One of the FF members implemented an EA largely based on this system. I did minor change and tested it. It is pretty impressive for EA's seen so far. Test result and EA are in the following link. url
4 Hour Strategy (MACD)