US dollar is rising across the board, not sure why ? I would like to see buy signal on MACD and long term stochastic before entering long position. image David

4 Hour Strategy (MACD)

It looks like there is a change for long position. My thought is that you may have entered too early and may face another down cycle before price go up. Reason: (USA pacific time) 1. My observation is that market volume will not pick up until 5pm, ...

4 Hour Strategy (MACD)

TC nzdusd, audjpy — H1 TC (demo account) nzdusd: Enter: 0.65277 TP:0.65670 estimated using fibo audjpy: Enter: 77.947 TP:79.100 estimated using fibo It seems to me these pairs trend better than the major ones these days. Lets see what happens. ...

4 Hour Strategy (MACD)

Swiss Central Bank interference with EURUSD — According to the news I read from a ASIAN news web, EURUSD came back down on Jun 24 2009 is because Swiss Central Bank interferes with the market trying to push EURUSD down. With central banks ...

4 Hour Strategy (MACD)

Is NFA an USA government owned organization ? does not look like. Who are the members of the NFA. How does it define the regulation ? Whom do the NFA discuss with when defining the regulation ? How come we as a consumer have no say in it ? What if ...

All USA FX dealers may not be able to support MT4

new pairs to trade for this 4H MACD strategy ? — Guys, From the chart patterns, it seems to me that, at this point, the following 4 pairs are more suitable for 4H MACD strategy than some of the major pairs this thread used to focus on. What do ...

4 Hour Strategy (MACD)

You should use Colored MACD V.06, You could find it within the last 10 pages (from this page) of this thread. If you are new for this strategy, note that this method is based on the assumption that the market is in a strong trend. Unfortunately the ...

4 Hour Strategy (MACD)

Actually, it is the uncertainty about the global economy that moves the stock price down and US currency up. Investors actually expects US dollar to devalue big time; however, given that the global economy are in bad shape, US dollar becomes one of ...

4 Hour Strategy (MACD)

"Major stock indexes dropped by more than 2 percent Monday, sending the Dow Jones industrial average down 201 points, after the World Bank estimated the global economy will shrink 2.9 percent in 2009. It previously predicted a 1.7 percent ...

4 Hour Strategy (MACD)

The charts indicates a H&S, a DOUBLE TOP, the resistance lines (neck lines for both bearish pattern) seems well confirmed. The bear is strong (I figure they are from major central banks and are trying to stabilize the dollar), but given the slow ...

4 Hour Strategy (MACD)

Jinsen, Thanks for giving me the detail explainations. It is very helpful. May the force be with you in your FOREX journey. David

4 Hour Strategy (MACD)

Yuan, Thank you for responding to my post. Phil's method should work for other pairs as long as the trend is strong enough. You can tell this by solid candle bar on more than 45 degree rising or falling MVA. I am actually trying to find out how most ...

4 Hour Strategy (MACD)

How to deal with range mode ? — Hi Jinsen and Everryone, I have been a reader of this thread for many months, you guy's posts have been really helpful. Recently, many pairs are in range modes, many of my trades failed due to it. I have some ...

4 Hour Strategy (MACD)

A trade plan — Short usbchf Reason: downtrend H4 MACD and MVA H1 Stochastics gives sell signal and MACD in negative zone Entry Timeing When H1 stochastic crosses level 50 and M15 stochastic gives sell signal image ENTRY: 2009.06.18 04:19 ...

dwu's forex adventure

No trade last night — Most pairs are in range trade modes last night, no trades are made. ( MVA lines closes to flat, bollinger band becomes two parallel lines ) Around 2-3AM Pacific Time, there seems to be some price movement while I were in ...

dwu's forex adventure

Trade Record — Two trades Tonight: Profit: 92.9 pips Exits due to price stall near target. Trade 2 should get better profit, but the MT4 locked up when I tried to close the trade. According to the rule I should enter trade 2 one/two hours ...

dwu's forex adventure

Where to entry and exit — The following are charts that explain how the method determines where to entry and exit. A. The H4 Chart near the vertical red line presents an MACD H4 System bearish signal with (Refers to Phil's H4 MACD System) 1. ...

dwu's forex adventure