- Search Metals Mine
-
JoshDance replied May 4, 2007Ignacio, I like to think of it like this: the 4HR MACD indicator lags behind the 1HR, the 1HR lags behind the 15MIN, and so on. Now, if your trading TF is 4HR, we place our orders based on the 4HR. But to get a jump on things, we might use a 1HR. So ...
4 Hour Strategy (MACD)
-
JoshDance replied May 4, 2007holiday? — Kevin/others, I heard on another thread that Monday will be a holiday for parts of europe? Is this true? If so, will this impact our NFP initial box timeframe?
NFP System - Backtest data provided
-
JoshDance replied May 3, 2007euraud long — Well, this has shot up many pips in the last 8 hours or so, but I think I'm going long still with this. I've attached a chart (hard to read, sorry), and here are my reasons: 1) MACD 4-hr TC 2) Draw a fibonacci expansion with wave ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007I'm not saying that brokers don't do this kind of thing--but you can always cross check your chart with other brokers to see if the price spike was there as well. I feel your pain--I was stopped out two days ago from a nice 200 pip gain by 2 pips. ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Skype — I've heard some of you guys talking about the skype chat... are you guys still doing this? How can I join?
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Let's say 500 traders come to this forum (an exaggeration), stick with it (not likely), and all place 10 standard lots each at the same time, same S/L's, etc... that's 5000 standard lots. Do you think that 5000 lots means anything in the big 2 ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Mike, this may wind up a good trade, but just be careful--it seems like you're just making trades because you "feel" that it will change direction... but the bar is still open... now, if you switch to 1HR or 30Min and those tell you something, fine. ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Well at least for USD based currencies, they are almost guaranteed to be pretty quiet today, so I'm out until next Monday unless something really tempting shows up. I'm not playing with NFP.
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007I HATE the news. (you know what I mean) — Nice 40 pip gain on GU. I wake up and check it out. I notice the very high pip spread all of a sudden. It's too late. GU drops like a rock, wiping out 25 pips before I close. A nice night's worth of ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Pipsi -- I think you drew the Fibos backward ... drag from left to right. But you have the right idea! Also, the points you used are okay, but ideally the points should be swing high/lows and without much 'noise' in between. There is, for example, a ...
4 Hour Strategy (MACD)
-
JoshDance replied May 3, 2007Still holding onto this too... I'm about -10 pips right now, and still hoping it will drop. I'm also long on GU at 1.9908, at +17 as of right now.
4 Hour Strategy (MACD)
-
JoshDance replied May 2, 2007On my charts (GMT+2), mine is a VERY nice RB, but the candle that will make it or break it won't close until 3 more hours (GMT+8), so I'm going to wait... the 1HR candles don't form a compelling enough picture for me to go for it just yet... after ...
4 Hour Strategy (MACD)
-
JoshDance replied May 2, 2007I am in at 120.03 I think. Two long shadows at top, MACD and RSI divergence. Shorted two lots, one TP at 21, other TP at 89, SL 120.35 for both.
4 Hour Strategy (MACD)
-
JoshDance replied May 1, 2007EURGBP - RB forming maybe, bouncing off the 89. A decisive close a few pips higher or a nice doji or two, and I'm in long. USDCAD - keeping my eye for a bounce off the 21 back down by another 4 or 5 bars... USDJPY - long tails the last couple of ...
4 Hour Strategy (MACD)
-
JoshDance replied May 1, 2007I saw those as well nacho... for me the problem is the sharpness with which the top was formed... often especially in an uptrend this is indicative of a consolidation with further trend continuations to follow. For example, look at the 1HR and tell ...
4 Hour Strategy (MACD)
-
JoshDance replied May 1, 2007Anyone taking GBPCHF long at the close of today's candle? As of now, RSI is 66 and MA of RSI is 56.
FOZZY Method CROSSES
-
JoshDance replied May 1, 2007Sometimes it seems like we need a little luck, but never trade counting on it Mike.... I think you may have forgotten 2 important things: 1) News--that big spike down was news-related, and I guess you're expecting an upturn from the trendline... ...
4 Hour Strategy (MACD)
-
JoshDance replied Apr 30, 2007Wow... Phil goes to the trouble of doing this and you can't even go to every week in the forum and download them manually? Seems like people are getting lazier and lazier on FF.
4 Hour Strategy (MACD)
-
JoshDance replied Apr 30, 2007Possible RT on GBPCHF forming in the next 8 hours or so... nearing upper Res. Also, I can smell a TC going up for USDJPY soon...
4 Hour Strategy (MACD)