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garfield75 replied Sep 10, 2013Thanks!! Nope I haven't tried 1 hr to catch big moves yet!!
Multi time frame Simple MACD system
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garfield75 replied Sep 10, 2013Update on trades. Yesterday - 9th Sept Daily Chart Long on GBPUSD on 4 hour chart EURCAD hit my stoploss. NZDUSD - I skipped the trade. Should have taken it, turned out to be a winner Today - 10th Sept Daily Chart CADJPY Long trade entry. Stop ...
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013Hey 1GeryFox, Thanks for sharing your info. I trade mainly 4 hr chart. Since I live in sydney most action in the market happens in the evening (family time) or mid-night (sleep time) for me. Have trades lot of systems & strategies, have learned that ...
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013Nice work 1greyfox. Do you trade 1 hour only ? is it during london or ny session ?
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013I don't have any favorable pair, Trade all when setup is correct. 4H timeframe is the best in my opinion, I also trade daily, but you are free to try any other time frame that suits you. 80% of the time when price reaches 200 Daily MA, it tends to ...
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013not sure what platform r u using, but in MT4, there is a Take profit value that is entered to close the trade automatically when it reachs the exit price for profit.
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013I am not clear about your question on "can you put in a limit sell at 200 in case it reaches your target price ". When you enter a trade, your profit target and stop loss are already in place. so when u buy at 150. stop is set at 100 and target is ...
Multi time frame Simple MACD system
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garfield75 replied Sep 9, 2013Let the trading week begin. I have a pending long on GBPUSD on daily chart. There are 3 setups on 4 hour chart at the close of 3 PM (AEST) candle. AUDJPY Long - skipping it due to 200 MA at the entry price. EURCAD Short- have a pending order for it. ...
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013it is not a "Weird Coincidence". 1) 2nd set of number in 15 min represent 1 hour which is 4 times 15 min 2) 2nd set of number in 1 hour represent 4 hour which is 4 times 1 hour 3) Therefore multipling 1st set of numbers with 4 gives u 2nd set of ...
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013yes. you have to wait for the candle to close to confirm the signal for trade entry.
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013Current candle can change color/repaint. That is why this system is based on close of a candle which elimates re-painting issue. Can u please confirm if it was current candle or 1 before current candle ?
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013I manually put in the expiry date and time which cancels my stop orders automatically 5 min before open on the next 4 hour candle.
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013Hi Baggi, your back testing look right. Moving stop to break when price moves half way to target.
Multi time frame Simple MACD system
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garfield75 replied Sep 8, 2013from your screenshot, MACD settings looks correct.
Multi time frame Simple MACD system
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garfield75 replied Sep 7, 2013There was a setting error on 30 min template. Thanks to 1GreyFox for pointing it out, I have updated correct 30 min template now. If you are using it please download the new template. I was not going to trade on Friday due to NFP, but gave into the ...
Multi time frame Simple MACD system
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garfield75 replied Sep 6, 2013Hi Greyfox, Nice trades on CHFJPY & AUDCHF. Lower TF don't have MA, as MA doesn't calculate correctly with setting of 4800 and 9600. Will have a look at the templates again to see what's incorrect. Cheers
Multi time frame Simple MACD system
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garfield75 replied Sep 6, 2013My backtest of GBPUSD shows 5 winners, 3 breakeven and 3 loser. Maybe you should download Axitrader demo MT4 platform and use their platfrom to confirm trade setups and then put them through your broker.
Multi time frame Simple MACD system
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garfield75 replied Sep 5, 2013My Trades this weeks Daily Chart AUDSGD - Closed - Loss GBPCHF - Closed - Profit GBPCAD - Closed - Loss GBPJPY - Active4 Hours Chart AUDUSD - Closed - Breakeven GBPUSD - Closed - Breakeven EURUSD - Closed - Breakeven EURCAD - Closed - Profit EURNZD ...
Multi time frame Simple MACD system