Hey Richard do you use the pivots on your chart? I'm thinking of switching to pivots instead of TL's. I feel I'm missing to many trades. Today I watched two of Phillips videos that he posted a few years ago. There he mentioned that sometimes price ...

4 Hour Strategy (MACD)

Thanks. Don't stop posting your charts. The more the better. Maybe you can just add some comment with your chart as to the reasons for entering short or long.

4 Hour Strategy (MACD)

Hi franky. Well done on your trades. Can you please post the charts of your trades?

4 Hour Strategy (MACD)

Maybe I should rephrase what I said. Things have changed a little in the fact that you can still use the MACD but if you can find an earlier entry on the shorter TF, but taking the market rhythm in consideration on the 4H TF, you can also take ...

4 Hour Strategy (MACD)

I should have taken this trade. Been looking through some charts and spotted those move-away TL's that Phillip always use to speak of. Lots of speed during that time. I just wish I could spot these things sooner!!

4 Hour Strategy (MACD)

Yip. Nothing has changed.

4 Hour Strategy (MACD)

Hey My chart looked a bit different. R:R was fine. Price reached 89sma and 365ema so went to BE. TP is 0.9 level, 61.8 level and 21ema. At the moment it looks like it's on its way. The eurusd looked good butI stayed out because my signal candle ...

4 Hour Strategy (MACD)

Possible setup for later. My candle only closes 2Hours30Minutes from now so I hope the move won't be over by then. Price has been ignoring 89sma so I'm hoping it will ignore it again.

4 Hour Strategy (MACD)

I expected a TC on the 4H TF but there was still an hour left before the candle close so I switched to the 1H TF to get an earlier entry. (1H Strategy) Here is the graph that I posted before when I was explaining Fib Extensions. In example1 we were ...

4 Hour Strategy (MACD)

And here I'm telling Richard my way of drawing Fibs and I can't even do it. Had to be the nerves and adrenalin pumping during that time. I won't say the way I did it was wrong but it's just not the way I usually do it. Here's how I usually do it:

4 Hour Strategy (MACD)

Possible setup on 1H. Comments welcome

4 Hour Strategy (MACD)

If 95% of traders fail that's good news for beginners like me. Why? Because that means I can take any strategy and just do the opposite of what that strategy tells me to do. If the strategy I use gives a short signal I just take a long. If the ...

4 Hour Strategy (MACD)

Hey Richard just some comments on your chart. First thing: There is no wrong or right way to draw your Fibs but this is how I do it. You'll notice looking at my chart that there is no difference between my 38.2 and your 61.8 (100-61.8=38.2) so ...

4 Hour Strategy (MACD)

There are even some videos on those Fib Expansions that you like to use.

4 Hour Strategy (MACD)

Thanks Binnie. Would this be your same approach when it comes to round number levels?

4 Hour Strategy (MACD)

Here's a quick summary on those extensions I use. But I still recommend watching all those videos on that website on Fibonacci levels. Use them with the MA's and TL's to determine TP levels. THEY REALLY WORK WELL. Phillip also used them in his ...

4 Hour Strategy (MACD)

Binnie go to this website and watch all the videos on the FIBONACCI LEVELS topic. I will never be able to explain it better - url I also had the TL that you had and only added my TL after that NFP candle so I was also late on that one. Now I've ...

4 Hour Strategy (MACD)

nzdusd comments (as usual)

4 Hour Strategy (MACD)

My take on the pound

4 Hour Strategy (MACD)

No it's not because of NFP. I just prefer entering trades during the London session and start of the US session. But looking back again I can see where I made the mistake with this setup. The 127.2 and 161.8 Fib Extensions have always been my two ...

4 Hour Strategy (MACD)