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- Mathus replied Jul 7, 2014
Another clarification on Acronyms. Does RT mean MACD round top?
4 Hour Strategy (MACD)
- Mathus replied Jul 2, 2014
Yvon and Binnie, Thank you for your insights. I am beginning to see how my "perfect trade setups" are anything but. And I used to think that even when i enter these perfect setups the "big players" were doctoring the market to hit my stops. I never ...
4 Hour Strategy (MACD)
- Mathus replied Jul 2, 2014
Stop loss hit at 101.60. Was that a valid trade according to the rhythm?
4 Hour Strategy (MACD)
- Mathus replied Jul 2, 2014
Here is a setup on USDJPY. The 8ema had pulled back up to the 21. The last two candles were bearish. The MACD had turned down two candles back. Is this a valid setup for a short trade. Is it too late to enter this trade. Entry 101.46, target 101.26. ...
4 Hour Strategy (MACD)
- Mathus replied Jul 2, 2014
Agree with you Richard. I also learn best by doing. I am hoping to internalize a base set of rules and then keep adding to the list.
4 Hour Strategy (MACD)
- Mathus replied Jul 1, 2014
Thanks for your inputs Binnie. I spend an hour in the morning from 4:30 to 5:30 and then about two hours between 6:00 and 10:00. So i get the european session in the morning and the asian session in the evening. I dont really have a trade basket ...
4 Hour Strategy (MACD)
- Mathus replied Jul 1, 2014
Thank you Binnie. What you say makes absolute sense. And the key takeaway for me is your comment on the CT "the rules allow for a CT trade where there is rejection from a very strong level....". Not sure I read it, or maybe i just didnt retain it. I ...
4 Hour Strategy (MACD)
- Mathus replied Jul 1, 2014
I see a setup on CHFJPY. I dont know if this is a pair that anyone trades. Not even sure if MarketRhythm has been tested on this pair. Let me also know if i should stick to a list of pairs. I am very excited about trying out what I am learning here. ...
4 Hour Strategy (MACD)
- Mathus replied Jul 1, 2014
I must confess that I had decided to trade only demo account for a while. But when i saw the setup; resistance, RB, divergence (I had not noticed the divergence), I jumped for it. I have some issues with discipline, that's another thing i need to ...
4 Hour Strategy (MACD)
- Mathus replied Jun 30, 2014
image Looks like Plan A is in play. Price is at resistance. MACD forming RB. Target .8383 (20 pips). Is this a valid trade? If so what would be the stop, .8343?
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
Binnie, thanks for "The Heart of this sytem" and "breakout" documents. I have a lot to learn, but since it all leads to a central strategy it is not so confusing/tiring. I was learning a lot before as well, but it was disparate things, often ...
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
Thanks for the Video link. I am also very much a novice. Still learning the rules of this system, not ready to trade. I post my reading to get feedback and further inputs. Thanks for pointing out the strength of the support line.
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
Akir, appreciate you going through my post and giving your feedback. That's exactly what I was hoping when i posted the charts. Critique/Validation of my understanding, and inputs on what else i need to focus on. I will keep a lookout for the ...
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
I looked at posts 10212, 13038 and 11119, couldnt find "THE HEART OF THIS SYSTEM". Can somebody point me to the right post, please.
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
EURJPY H4 attached Pull back to 21 and 89. Can we expect a move down to 137.9. Do let me know if i am totally off the mark applying the rules.
4 Hour Strategy (MACD)
- Mathus replied Jun 29, 2014
AUDCHF H4 attached Broke below 89, Pulled back and now moving down. MACD closed below zero. BPM? Target previous low (0.8360)? I see that the 8EMA had gone above the 21EMA and now coming back below. Should we wait for a retest of the 21 for entry? ...
4 Hour Strategy (MACD)
- Mathus replied Jun 27, 2014
I am not familiar with a couple of acronyms used on this blog. Let me list them. Let me also list the ones "I know"; do correct me if its wrong BRN - ? BPM - ? TL - Trend Line TC - Trend Continuation S/R - Support/Resistance I must come across as a ...
4 Hour Strategy (MACD)
- Mathus replied Jun 26, 2014
Thanks for the reply yaakruay. I have a live account on MBT; i trade micro lots at 10 cents a pip. I will install MT4 this weekend and open a demo account so I can see what you guys are seeing. Then i will see if i can implement the same trades on ...
4 Hour Strategy (MACD)
- Mathus replied Jun 25, 2014
Thank you Binnie. Richard, Here is the link to a screenshot showing my chart page, url This screen shot shows a 30 min chart with two MACD instances, the first with setting 5/13/9 and the second with setting 5/13/1. You will notice that the second ...
4 Hour Strategy (MACD)
- Mathus replied Jun 25, 2014
I am a newbee. Trying to figure out my way around. I am learning a lot on this site..Thank you. I have a question about the macd options, when i set the third parameter to 1, the histogram disappears. I am using MBT Desktop from MBTrading.
4 Hour Strategy (MACD)