Good points tamkras. The one thing which the market is telling me that leads me to believe price will go up at least some is yesterday's daily pinbar. I don't have any real money in this long trade, but my gut says we will see at least some up ...

4 Hour Strategy (MACD)

Many things which are 'defined' by people are inherently subjective. "Right" or "wrong," for example. Your definition may not be mine. How ridiculous that you think you have THE answer!

Follow the trend!

Byte, I think I remember reading elsewhere in your journal that you are being very mechanical about your trades, and that you are taking all crosses all the time. I think this is in general a good idea, as it takes overanalysis out, emotion out, ...

Bytebodger's Pip-Burning Journal

charlies, you nailed all of these!! good work!! I got in on EURAUD and GU, and I'm happy I did :-)

james16 Chart Thread

Jane, this is the wrong thread to ask your question. Try here: url Read through some things there first before asking, as what you're asking has already been answered umpteen times already. Good luck! Be careful when trading the news!

FFcal - Plot News indicator

Risk on a trade — Phil mentions 5%, 3%, on his audio. Phil is an experienced trader with his system that he created, and he may be able to make these risks, but for a new trader IMHO 2% should be tops!! Even great traders can lose 5 trades in ...

4 Hour Strategy (MACD)

"Trend" is subjective... but one definition is: Two or more higher highs and higher lows, or two or more lower highs and lower lows.

Follow the trend!

Hi billser, are you taking all signals? What is your exit strategy? I remember several being posted before, but are you taking a straight pip profit, or using a trailing s/l, or...? And are these above trades closed profit, or is this profit locked ...

FOZZY Method CROSSES

How big was you SL and account? Did you risk more than 2%? If you go by this rule, if your account is, say, $5000, you should risk no more than $100 on any single trade. This means you should be trading micro lots, or at the very most mini lots. ...

4 Hour Strategy (MACD)

Put a 200 simple close MA on EURAUD 4H (just the first chart I had up), and notice how often price finds s/r on it. I like the 200sma, and use the 89sma and 21ema as well.

Follow the trend!

You're correct. Ideally that's what we want, but we just can't get it that way. The absolutely best setup is different chart windows, although what you mention in the last paragraph is valid also (30 min chart, 1 hour stochs, for example). The only ...

Spud's MTF FIB Breakout System

Rules and market motion — If any of you are like me (newbie, learning how to trade), then perhaps you hear Phillip talk about the 'rules' and what the price usually does around the MA's, etc., and you get confused, because it seems like ...

4 Hour Strategy (MACD)

NTFX, thanks for your hard work and analysis that goes into the forum!

FX News Trading For The Week Of May 29-And Beyond

Lol definitely no trouble David. It's a low priority next-release kind of fix. One more that I was able to reproduce was that if I put 5/20/2007 as the start date for the calendar, I get an error saying that "calend~1.php" could not be opened. If I ...

FFcal - Plot News indicator

hanover, I'm not sure if this is an error or if it's me (probably me hehe). The problem is it seems that the first field, "No. of hours your MT4 is ahead of FF calendar", doesn't seem to have any effect on the downloaded data. So if I press F9 and ...

FFcal - Plot News indicator

I went back and looked at price here DGC. While I'm no expert in PA, I've attached my chart as I would have likely marked it up on the date you specified. I see an up channel zone, between the two long yellow lines. Notice the pivot line in between. ...

4 Hour Strategy (MACD)

First of all--the system didn't give you a losing trade, which is a good thing. Not entering a winning trade is nothing to cry about (just an expression, no harm intended), compared to entering a big losing trade. Also, as someone else mentioned, ...

4 Hour Strategy (MACD)

Trades 10 and 14 — To go along with that Phillip said here, price analysis really would have helped just blindly trading the macd here. Trades 10, for example--the signal bar indicating a RB was actually a pinbar with a huge shadow going up. ...

4 Hour Strategy (MACD)

Yes, all brokers start a new candle at 0:00, 4:00, 8:00, 12:00, 16:00, and 20:00. But maybe you're forgetting that brokers use different time zones. For example, my Alpari candle starts at 0:00 GMT+1, while another broker may start at 0:00 GMT. Or ...

The Daily Fozzy Method

Go to the forum page where you see the thread, click the little paper clip icon, and that will show you all the attachments on the thread. Since this thread is only 20 pages long, however, it should take you only maybe half an hour or so to take an ...

pabloski System