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EricthePip replied Feb 19, 2008Not so fast on the GU TC.... I decided to set the first TP at 25 pips, went to 20, when I moved the stop to -5 pips on both halves.... Then headed north and I let a 20 pip (well would have been 10 on average) profit turn to a -5 pip loss.... Damn ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008yea, get some rest, I've been under the weather for a couple of days myself... My stop just above the last 4hr candle....
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Short from 9484 here. about 20 pips profit, getting ready to get defensive...
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008I would would presume the vast majority use MT4 for the platform, and I would also suspect that there is no clear majority that use one broker over another... I use MT4 (charting/analysis/alerts/etc) and Oanda (just for order placement)...
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Going to the wire on the B.Pound, not sure we'll get a TC...Showed the TC, short at 1.9484, SL 1.9520, TP1 9440, however, be watching the tails and most likely will take 1/2 off at 20-25 pips, setting the other 1/2 to BE at that time.... Nice set of ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008I like that one. But don't like these tails I'm going short if the TC holds, but going to watch that rectangular area Also a trend line around or about 1.9423 either could provide some support... quote=Ryanmcd;1859214]Chart.[/quote]
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Wow, I must be in the wrong thread, did Ryan just post a 1HR chart.. Must be the cold medicine!!!
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Absolutely.... plenty of room down to the 8 (24 pips) and 21 (60 or so).... nice spinner off the trend line...However, since the bars not closed, I'll wait, as I don't want to get yelled at
Maybe at 3PM est, CT trade, but the market's usually ...4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008It's climbing the Fibonacci ladder, as Palmer pointed out last night, it was at 50%, now 61.8.... do I hear 78.6%, probably not today... At the top of my trend line...Nice round top.. Ripe for a correction to the 8 or 21 ....
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Written copy of 18Feb2008 daily wrap up — Written copy....2/18/2008
4 Hour Strategy (MACD)
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EricthePip replied Feb 19, 2008Nice trade, my bar closed at 1.4732 (mine closed at 3AM), which was too near my TL (which I typically draw through the bodies (not tails), so I passed on this one).... Saw the new format on the web site, much cleaner looking...
4 Hour Strategy (MACD)
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EricthePip replied Feb 18, 2008Yea, Palmer didn't call me either, but an alarm woke me up at 2:27AM.... alarm was at 1.9576, but by the time a got down stairs market was at 9550, went short, and grabbed 25 pips on 1/2 and set the rest to BE... Then this AM got "nervous" on a ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 18, 2008Hope you get to feeling better, I've been fighting a sinus/chest/head thing for weeks myself. You were absolutely right about the yen. Funny thing was, Phillips platform doesn't even show the s-h-s pattern.... Looks like some tails down, price wants ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 18, 2008I get the same thing, opens a blank GIF file. Maybe the attachment is bad and/or Link is wrong at ForexFactory??
4 Hour Strategy (MACD)
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EricthePip replied Feb 18, 2008I like to think more in terms of a locomotive (I'm an mechanical engineer and not "artsy", no I don't actually operate trains, although my 4 year old would think that, "way cool"). Rhythm is the train schedule (which is NOT published) and speed as ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 18, 2008Guys/Gals, Folks like this are better left ignored. You are correct, the only way for this person to disprove him/herself lies in the 6" between their ears. I don't see how a video of Phil placing a trade would do anything. He post his trades, his ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 17, 2008I'd be careful on this one on long side. If the s-h-s pattern holds (on the MACD), it's broke the neckline and retraced back to neckline (support may become over head resistance, on the MACD).... plus looks to be a hammer down (long tail) 00:00 ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 17, 2008Ditto that, but I would add the 21ema.... It's helped me looking at charts after I made my 21 more prominent on my charts (used to be a faint dotted line).... Now it's the big/bold/red line... Highlights the motion for me visually... Plus it's an ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 15, 2008Interesting. I looked on Intrabank and my 89/200 crossed back on 2/1.... I'm using simple MA's for the 89 and 200, plus zero shift, apply to close.... I wonder why they show different. Regardless, Pound looking heavy.... Ryan, notice the tails on ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 15, 2008Ryan, just had one of those, "hmmm" moments when looking at tails on the last few months on the euro and pound. Made my 21 EMA bright red and bold, and was looking at tails and where they occur in relation to where price is relative to the 21.... ...
4 Hour Strategy (MACD)