Well, for one thing--see that big RB to the left of the one you traded at? It's much stronger, it's well below the first line, and it was a good trade (though I had my doubts at the time). The RB you traded on was in a downtrend, and it formed above ...

4 Hour Strategy (MACD)

Just wanted to say that I had several trades go well today (well, some still in process), and it's because I used basic S/R, trends, triangles/pennants/etc, and I'm up 90 pips for the day on 3 trades. I'm actually learning something, woohoo!! :-) ...

Follow the trend!

I'm with benf here... may not be a bad trade, but not ideal by any means... nothing special in MACD, the candles are too volatile IMO, and it looks like too much consolidation, maybe ready for an up move. But, I could be way off and you might be ...

4 Hour Strategy (MACD)

New MACD Colored indicator update — Updated the MACD colored indicator ... I hope you guys will like the update! Adds variable, more appropriate levels for all currency pairs. url

4 Hour Strategy (MACD)

New version v104! — Hi all, Since I've been using Phil Nel's 4HR strategy with this indicator, it's been wonderful! Many thanks to irusoh!! One of my biggest frustrations with this indicator thus far has been that the levels of 15, 30, and 45 ...

MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month)

Well like I said, I've been researching and doing backtesting/looking with daily, and I plan on doing fozzy this way. Phil's proven MACD strategy is based on 4-hr charts, but it works quite good as well on daily charts, so I'm attaching the 5,13,1 ...

The Daily Fozzy Method

url Search the thread or look for attachments--I think the newest version is 103, not 102.

The Daily Fozzy Method

Any chance we can revive this thread? I'm beginning fozzy on Monday and need some support and want to offer any support I can! :-)

My Daily Fozzy Trades

Genetics, I have yet to go live with this, but I am already using Phil Nel's 4-hr MACD method and it uses a 5,13,1 MACD, and it is a great system and indicator. There is a colored MACD version of this on FF--give it a try and let me know what you ...

The Daily Fozzy Method

Keith, Have you looked at Visual Trading documentation to find out your answer? Remember, this is a trading method forum, not a charting one! As for #2, you're asking if you should use BB, or Fibs, or whatever... there is a very thorough document ...

The Daily Fozzy Method

You're awesome Byte--thanks for all the hard work!!

Daily Retracement Values By Pair

Would you mind posting your trade history and results using the system?

Vegas Wealth Builder Part III

Kevin, how about something simple to start with, such as adding a 200EMA or something that will catch the price before it turns sooner? Of course this will also make it more prone to false close signals, but it might be worth looking into...?

NFP System - Backtest data provided

You mean the one 11 days ago?

4 Hour Strategy (MACD)

hmmm... why not? I don't like to lose my money when I'm away from my computer :-)

4 Hour Strategy (MACD)

heavens no-- an "8 EMA" means the exponential average of the last 8 *periods* -- so when you switch to a daily chart, you'll be averaging the last 8 days, and when you switch to a 4-hr chart, you'll be averaging the last 8 4-hr periods. Now, there ...

4 Hour Strategy (MACD)

You set that when you move the indicator to the chart. There's a box where you can choose simple, exponential, smoothed, etc... After it's on the chart, you can move your mouse over the line and it will tell you what kind it is. Make sure you're ...

4 Hour Strategy (MACD)

Click the "Navigator" button on the toolbar at the top, and on the Indicators list on the left, click "Moving Average" and drag it onto your chart. Set up your parameters and you're ready to go. There's an excellent forum on FF that deals ...

4 Hour Strategy (MACD)

Thanks for the positive attitude kappa-- as I am a new trader but one with lots of potential I believe, I will be posting to this thread most of my trades as they go along with Phil's system. I appreciate everyone's generous helpful support so far, ...

4 Hour Strategy (MACD)

Hani, Actually, as I said in my post, it was AUDJPY, not EJ--but thanks very much for the advice, I sorely need it :-) And as it turned out, the darn thing did fall, as did my EURUSD trade that got stopped out earlier... bad side: lost about 40 pips ...

4 Hour Strategy (MACD)