The shift is zero.

4 Hour Strategy (MACD)

Foricks, thanks for the news info--from now on I'm sticking to the signals, and paying a bit less attention to the news! :-) And thanks for the financial boost! I have done similar calculations and come to the same conclusion. Not always being ...

4 Hour Strategy (MACD)

Phillip, the exercises PDF is awesome. It gives insight on a trade-by-trade basis! When I make my first 100,000USD , I'm taking you on a cruise! :-D

4 Hour Strategy (MACD)

EURGBP — Interestingly enough, an initial glance at history seems to indicate that EURGBP has very nice movement, as I see lots of RB and RT on the MACD. Anyone else care to take a look? EDIT: note that you need to use settings other than ...

4 Hour Strategy (MACD)

.618, a fib ratio, is also derived from other areas of mathematics, and is known as the "golden ratio". Read this: url

S & R Cracked

Well, I think maybe willf means that the support levels actually align with the previous resistance levels drawn in red. Thus, you could go long when you see price bounce off the previous R level which has now turned to S.

S & R Cracked

I'm not sure I understand--so when do your lines tell you when the market says enough is enough?

S & R Cracked

Bermac, I understand the previous day's H/L, and the trendline and reflection. However, how is the H/L different than a daily pivot point system? I see how price finds some S/R on the trendline and projection, but beyond the first few bars, do you ...

S & R Cracked

Actually I and several others here at FF have found that trendlines act very nicely as future S/R lines, and while the future can never be predicted, price often finds S or R at projected trendlines.

S & R Cracked

Question on news events... — As far as news events go, how do you guys trade them? It seems like every time a good setup comes along, a critical news event is occurring. I mean, just for USD, we have NFP, GDP, interest rate, PPI, CPI, housing, ...

4 Hour Strategy (MACD)

smikester, I wouldn't count on a lot of movement, no more than probably 20 or 30 pips, before the announcement, if that.

4 Hour Strategy (MACD)

By my count, the last "good" trade to enter was 29/3 16:00. This was a blue bar, and it fit all the criteria. The 19/4 04:00 bar was not a good idea to enter although it fit the criteria, because it was nothing more than a higher low in a strong ...

pabloski System

My understanding from the News section of FF and from posts by NewsTraderFX (he's a great news resource) is that, as Phil said in the audio, the 5.25 and 3.75 rates for GBP and EUR were already "baked into" the price (hence, one reason why EUR and ...

4 Hour Strategy (MACD)

NTFX, so since the rate hike is already expected for EUR (and has been for some time I take it), does it stand to reason that this is already baked into the price of the EURUSD? IOW, is a decline in the EUR a reasonable expectation?

FX News Trading For The Week Of May 7-And Beyond

Thanks pips--your graphs are pretty btw :-) I would go long on AUD, but I want to see if the previous 8390 peak is reached... looking back at the daily I'm amazed at how textbook the price seems to move on this pair... wow. I mean, it's like, if ...

4 Hour Strategy (MACD)

ditto what Palmer said. I think actually that Phil uses MIG, which is +1. I'm using Alpari, which is +1 as well (and has no Sunday candles on dailies, like FXDD does, who I used to use). I like being on the same TF as Phil for when I read his ...

4 Hour Strategy (MACD)

I understand your point. However, if you're searching for a black box system that will always do the right thing, I hope you realize it doesn't exist. Even a mechanical system can benefit from basic TA that only the brain can provide. Removing ...

NFP System - Backtest data provided

Trading with ANY system on pairs that concern EUR and GBP hours before the BOE and ECB announce interest rates is a BAD idea.... it's just gambling. It always pays to know when major announcements are coming out (and this was one of those times)

The Daily Fozzy Method

It's been a while since I've been on this thread, but if I recall, this method really works well in trending markets, not so well in ranging ones, like it seems the chart you posted above. When the market is choppy, indicators that work well on ...

The Simple System

Add to this a big one: 3. BOE rate hike will be announced in about 6 hours, and this will definitely be a long signal for GBP, but a 25bp hike is already factored into current price. So, bottom line: If you're going to trade in the next 12 hours or ...

4 Hour Strategy (MACD)