Monday is USA Holiday. Volume may be lot lower near London Close on Monday. FYI

4 Hour Strategy (MACD)

I trade om M15, that is why the chart I show is H1. I use ADX on both time frames. For me ADX is much easier to read. You can check Plamer's web for H1 entry method based on H4 MACD system, which also uses ADX for entry signal. But whatever works ...

4 Hour Strategy (MACD)

For new traders, The system is about trend following and momentum. It is important to make sure there is enough momentum, regardless what the MACD or MA tells you, before entering a trade. ADX is a good indicator for this purpose. The blue shadowed ...

4 Hour Strategy (MACD)

I agree. Newcommer should start with reading through the pdf files. But just for this time. url

4 Hour Strategy (MACD)

I remembered it is, if you trade in H4 time frame, 50 pips sl (unless you see strong support in between) and the target is the next major MA or trend line mentioned by the system.

4 Hour Strategy (MACD)

>when 89 is downtrend, 8 is above 21? Do you still short? This is explained by Phil in his lecture about market rythm, you should review it. > EU shorting and longing is like of equal chance now. Last night EU is in trading range. MA's are tangling ...

4 Hour Strategy (MACD)

I can not understand the whole sentence. According to the H4 MACD system, You go long when EMA 21 is above SMA 89 and short when EMA 21 is below SMA 89. The angle of the MA should be above +/- 45 degree. When MA 21, 89 or 200 of a currency pair ...

4 Hour Strategy (MACD)

I hope you would not think I'm being negative. The thing is, First, you might have got it, if that is so, congratulation. The other possibility is, we have very strong trends last two weeks, and if you just blindly follow the signal and keep the ...

4 Hour Strategy (MACD)

EURUSD and GBPUSD may be near a short term turning point now. For both. H4 MACD shows positive improvement. H1 MACD is at zero level. Prices are near the H1 21 EMA. If price break through H1 21 EMA again and retest (watch closely how H1 MACD ...

4 Hour Strategy (MACD)

89 EMA is 20 EMA on higher time frame — Just figure out (may be some of you already did) that 89 EMA in current time frame is 20/21 EMA on higher time frame ( eg 87 on m15 is 20/21 ema on H1, 89 ema on H1 is 20/21 ema on H4). The price action ...

4 Hour Strategy (MACD)

A possible scenario for Tonight is that price go back to Asian session high at 1.23675 (near MA 21 of H1) on/near London session open and then starts a new short term down trend (watching for H1 MACD TC) back to Today's low. H4 MACD is still pretty ...

4 Hour Strategy (MACD)

This will happen after China takes over Europe and North America. Ha Ha, You worry too much. Have a nice weekend.

4 Hour Strategy (MACD)

Thanks a lot Palmer. These are valuable information. Sorry for taking so much of your time though. David Wu

4 Hour Strategy (MACD)

Hi Palmer, Can you help define "break through the resistence/support line", sometimes price just forms congestion zone near these area and may go up/down on these support/resistence; How does you senior trader tell the support/resistence has been ...

4 Hour Strategy (MACD)

The best case is to short when the price retrace to retest the resistence; Although, it might never happen. With so much concern about every detail, you would never be able to enter a trade. So, the straight forward steps are: 1. Determine how much ...

4 Hour Strategy (MACD)

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4 Hour Strategy (MACD)

Its better to check other time frame for support and resistence. In this case, the price has reached 200 sma and channel trend line on H1 chart. Its better to use H4 as guidance and use lower time frame to look for actual entrance point and timing. ...

4 Hour Strategy (MACD)

SkyzerFX, Mulder, is that you ?

EURUSD

Exams for my degree: Pass or Fail trading exams: Get Rich or Broke

4 Hour Strategy (MACD)

Verify/try the following: 1. They are supposed to be on the "Customized Indicators" list of the metatrade. 2. Open a new file browser window and check the '...experts//indicators' and see if the new files are withing the directory. After you drag ...

Craig Harris Stochastics Method