Hi Nausting, FACT: I started using the MACD again recently, for a long time it has just been there on my chart, but not being applied...this is because from my early days in this thread, I bent on learning strictly MARKET RHYTHM price setups...and ...

4 Hour Strategy (MACD)

AUDNZD: counter trend Tested this out on demo account. Do let me know if this is how counter trend trade can be taken. Thanks. image

4 Hour Strategy (MACD)

NZDUSD: I closed the trade for a very small profit less than 10pips. It was not looking good, spotted a doji. Looks like market indecision ahead of US red news. USDCAD: Looks like there a market divergence. I would watch it closely if I am already ...

4 Hour Strategy (MACD)

NZDUSD Price has pulled back to 21ema and moving away. TC on MACD. Price rejecting upper trend line, 89sma (21ema and 8ema are also next to it). sHs has formed and has breached neckline a few times. With the pull back to 21ema chances are price ...

4 Hour Strategy (MACD)

Hey Jonny, Did you see that? USDCAD has just pulled back to 21ema, completely.

4 Hour Strategy (MACD)

I think there could be another pull back to 21ema before moving away again towards north. Maybe a pull back to around 1.3063 level. Eyeing this closely for an opportunity to buy.

4 Hour Strategy (MACD)

Market behaviour is rather unpredictable. Sold NZDUSD this morning and decided to let go of the trade after a doji was formed. Took a minimal profit. And true enough price reversed going north short while later. Glad that I got out of it quick ...

4 Hour Strategy (MACD)

I got it now. Thanks for explaining.

4 Hour Strategy (MACD)

Agree Jonny. I traded EURUSD and was making nice 45+ pips towards south and price decided to turn around. Good thing I set my stop loss to entry price and was stopped out at break even. Very unexpected indeed.

4 Hour Strategy (MACD)

My opinion- it take a lot of courage to take this trade. Was analysis this pair - AUDUSD and decided to let go. As MACD is not convincing, it looks weak although price looks very much down trending and has potential for more bearish move on the ...

4 Hour Strategy (MACD)

Hi Jonny, Yes I am still here with loads of questions for the traders as usual. Still learning and needing a lot of help from the experienced one. Hope to see you all around more often.

4 Hour Strategy (MACD)

Hi naustingfx, Referring to you post 28944. Thanks for replying. I understand your analysis except for on particular point. Please see quote below that was taken from your reply: ii Rules says that in a down trend, when price breaks above the 21ema, ...

4 Hour Strategy (MACD)

EURUSD 28 July 2015 Took this trade today. Counter trend trade and price looks like reacting in a channel. Please see comments within chart. Thanks. image 0940pm 28 July 2015 Closed trade after price hit 21 ema. For 70 pips profit.

4 Hour Strategy (MACD)

Yes, I thought so about AUDUSD and NZDUSD. So when I trade one I don't trade the other in case they go against my direction. But your insight again is an encouragement that another trader see things as I do. Thanks. On NZDUSD, again I learnt ...

4 Hour Strategy (MACD)

NZDUSD 22 July 2015 I took this trade not sure if my analysis is alright? I took a very small lot on demo account. Price seems to be reacting between the upper and bottom trend lines, bouncing off the channel. The upper channel is also close to the ...

4 Hour Strategy (MACD)

Good morning: I think your idea is to trade between the upper and bottom trend lines on the 4hr chart, am I right? Entry based on fact that: 1. Price was moving up and away from the bottom trend line on 4hr. 2. On the 1hr chart, market breached the ...

4 Hour Strategy (MACD)

Thanks for your feedback and taking time to read it. You have assured that I am doing the right thing. And the chart you posted, I like it and I am learning another angle of analysing charts. Hope to see you here more often.

4 Hour Strategy (MACD)

Your point about sluggishness gave me an idea. Looking from the Daily chart, the sluggishness is due to the 89sma (which is pointing rather strong upwards) and as price approach 89sma, it act as a s&r. Am watching if price is going to break the ...

4 Hour Strategy (MACD)

AUDNZD took this trade 21st July morning. It was late entry but I thought there could be still some pips to fetch. Price was pulling away from 21ema after stalling for a bar and breached 89sma. TC on MACD. Target could be aqua trend line or 200sma ...

4 Hour Strategy (MACD)

I would pocket the pips already made. Divergence is seen on 4hr, daily and weekly time frame. Also, the momentum on the H4 time frame looks weak. On monthly, a 3rd little sister (reverse) could be forming which also looks like inverted sHs. I could ...

4 Hour Strategy (MACD)