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EricthePip replied Feb 11, 2008Not sure I see this "bull run" Eur/Usd fell about 500 pips so far in February and corrected a little of it.... TC forming... Going long on the open was in my opinion wasn't a trade based on market motion, but a 50/50 shot at a market direction call. ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 8, 2008Now here's where I agree, great motion on the Eur/Jpy. Broke the 89, rallied back to the 21. Just need a TC.... Thought the E/G was starting to behave, but just looked and it broke back through the 200 and 89.
. This was what I meant by lack of ...4 Hour Strategy (MACD)
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EricthePip replied Feb 8, 2008Now here's where I agree, great motion on the Eur/Jpy. Broke the 89, rallied back to the 21. Just need a TC.... Thought the E/G was starting to behave, but just looked and it broke back through the 200 and 89.
. This was what I meant by lack of ...4 Hour Strategy (MACD)
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EricthePip replied Feb 8, 2008TC's on the horizon — Seeing lots of opportunities for some TC's next week.... E/U, G/U, E/Chf, E/GPB are looking ripe. Be Patient.... Also, looks like the yen pairs are getting "heavy". E/J right on 21, and Chf/J congesting just below the 89 ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 8, 2008G/U looks ripe to start moving down (relative) to the E/U...
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008you can go long per the rules assuming the R:R with your stop is adequate. Anticipation is that the up move will not likely exceed the 8ema... Also we aware the the latest violent reversals down have occurred at the 12:00 candles. If you go counter ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Unless you're a pimp.... By the way, where do you put the ini file and the .exe??
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 20081) Different pair 2) it was already in a strong down move 3) it paused there for several 1 hour bars and almost came back up to it giving a very clear signal 4) e/u broke trendline support.... etc,etc... If you want to: jump in, my point is the ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Looks a little iffy to me: 200 providing support as well as trend line support, so unsure what the tp would be. Motion is between 89 and 200 and the 8:00 and 12:00 candles show indecision. PS Pic27.com is showing "inappropriate" images for this ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Not sure if this will help, but here's what I do. First of all, I'm assuming that you're human, and thus need to sleep, so checking multiple data sources each hour may not be conducive to that human need!!!
I trade in the EST in the USA, and I ...4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Wow those are some impressive numbers, over 1.3M views, I wish Phil would get on pip for every view, he's earned it with his dedication and support... But to put it in perspective, my son got an x-box for Christmas, at one time over the holidays ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Actually, those pips were possible today. But I got 27....
short the g/u at 1.9565, TP on 1/2 at 20 pips, set rest to BE, then moved stop to 9531 a little b/f the BOE statement. Unfortunately there was a huge hammer up to 9560 or so, took me out. ...4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008My alarm went off on the G/U on the nose at 3AM... Got some of the move, then set to BE at 20 pips or so... Then at a little prior to 7AM tightened the stop and was out.... (Bummer), but 27 pips average....
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008use insert/indicator/custom and choose it in MT4, but.... you first have to download the .mq4 file from the thread the place it in /progam files/MetaTrader 4/experts directory on your computer. Make sure mt4 is closed when you place the file....
4 Hour Strategy (MACD)
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EricthePip replied Feb 7, 2008Nope, 5 13 and 1 are the parameters (Fast/slow/signal)
4 Hour Strategy (MACD)
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EricthePip replied Feb 6, 2008Not a problem. I primarily do it that way, b/c I sometimes get up for the overnight bar (when I set an alarm for a specific TC I'm looking at) and prefer it closes at 3AM, since I've noticed a lot of action between 2am and 3am... 2AM markets ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 6, 2008One other thing to note is the market has retraced around 61.8% of the rise from 22Jan to 30 Jan. Critical point in the market if the bear is to continue... News tomorrow will likely tell....
4 Hour Strategy (MACD)
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EricthePip replied Feb 6, 2008Not sure it helps, but my bar, which ends in a little over an hour is still in the green. On my chart the spinner at 12:00 tells me market is indecisive. Plus big BOE/ECB news is coming out at 7&7:45AM. Your chart has the huge engulfing candle down ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 6, 2008USD CAD — Thoughts on the USD CAD (long).... TC forming broke 200sma on 4Feb, went back to the below the 200 sma. Found support on the 21, retook the 200, went back to the 200 and now on the ascent. 21 pips risk down to the 200 and 31 pips ...
4 Hour Strategy (MACD)