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- merrittb replied Jan 17, 2008
short EUR trade — image Shorting the Euro here as it alligns with the longer timeframes breakdown Just broke down a continuation triangle on the 1H (on the right) and i'm looking for the 8EMA to hold price on the 4H chart on the left. Profit ...
4 Hour Strategy (MACD)
- merrittb replied Jan 15, 2008
huge mistake — made a bad decision today and lost 10% of my account. Was long the Euro and when the big green candle turned into a big red tail I didn't get out like I should have. Then I absolutely "knew" it would not break the 21. Such a ...
4 Hour Strategy (MACD)
- merrittb replied Jan 14, 2008
major movement times — That's odd that you mention the movement for the time of day because I was just pondering on that subject myself today. (I made a note to do some research on it later) Perhaps you've learned about this matter already? If ...
4 Hour Strategy (MACD)
- merrittb replied Jan 14, 2008
long EUR, short JPY — just took the trades off the 1h charts Looking for a bounce off the 21 from each. Yes, I realize I jumped the gun considerably. long EUR @ 1.4874 w/ stop @ 1.4855 short JPY @ 108.20 w/ stop @ 108.39 Exit plan: exit when ...
4 Hour Strategy (MACD)
- merrittb replied Jan 10, 2008
rythym — it sure is nice to see the markets getting back to that nice rythym for us and out of the junk!
4 Hour Strategy (MACD)
- merrittb replied Jan 7, 2008
Hey guys, first trade of 2008 here, TC downward on the EURO after seeing the 21 resist the price. Took a smaller than usual position due to a small lack of confidence on this setup, so we'll see how it goes. Stops at 1.4703 and 4709. image
4 Hour Strategy (MACD)
- merrittb replied Dec 9, 2007
or do i just need to use the v102? will that make me miss out on some other important update?
MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month)
- merrittb replied Dec 9, 2007
I'd like to take away all signal names and alarms, leaving only the colored macd and the pips to color change. How should I edit the indicator? Thanks so much!
MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month)
- merrittb replied Nov 29, 2007
success! — Hello all, I've haven't been posting lately due to finals in college, but have most definately kept up with the thread. I just wanted to let both the veterans and especially the new people know of another success story for this ...
4 Hour Strategy (MACD)
- merrittb replied Nov 19, 2007
usd/cad anticipation — anticipating price bouncing off the 21, and a MACD TC confirmation to take the trade. Time will tell!
4 Hour Strategy (MACD)
- merrittb replied Nov 15, 2007
re: divergence — Thanks Palmer, I'll take what you've said to heart.
4 Hour Strategy (MACD)
- merrittb replied Nov 14, 2007
sterling divergence — Although i have more of a downside anticipation with the gbp/usd, i can't help but notice this divergence!! Maybe a bounce back to the 21 or 89 before continuing down? What do you guys think about the divergence?
4 Hour Strategy (MACD)
- merrittb replied Nov 8, 2007
good deal... I've taken partial profits and am letting a little ride incase of another breakout. S/L set to BE.
4 Hour Strategy (MACD)
- merrittb replied Nov 8, 2007
my open trade as you can see — ok, I took this trade where the line shows. I dont' understand why many of you didn't as well. Maybe no one has mentioned it. Anyways, my rationale was as follows: 1) price has shown strength, by breaking the ...
4 Hour Strategy (MACD)
- merrittb replied Nov 7, 2007
gbp/usd resistance — Just wanted to show what the pair has run into on the weekly chart. Will be interesting to see how/if it reacts. image
4 Hour Strategy (MACD)
- merrittb replied Nov 6, 2007
like i said.... you are good! to the very pip! well played
4 Hour Strategy (MACD)
- merrittb replied Nov 6, 2007
man you must be good. I don't know of many people who can justify shorting a market as soon as it runs up 100 pips in 4 minutes
4 Hour Strategy (MACD)
- merrittb replied Nov 6, 2007
I think that just showed how many people had gotten short there, like a short squeeze in equities. Phillip warned that if the move continued that it could really go and go. There were a lot of people playing around on the beach when the tidal wave ...
4 Hour Strategy (MACD)