Ryan, I saw you post last night that you were going to short the EURCHF. I was going to do the same, and held out due to not certain how this pair would react to all the darn news coming out today. Looks like since the news was GBP and USD related, ...

4 Hour Strategy (MACD)

I know Phillip, Pips4, Nadia, Palmer, Ryan, JimTatum, and Erik all sit out during the news. That is enough for me to sit out during the news as well. So far, everytime I have sat out during the news, I have been thankful. You get spikes up and ...

4 Hour Strategy (MACD)

How inspirational! I normally would say "I wish I started sooner", but the truth is, I was not mature enough to truly devote what it takes to become a trader and handle all the emotion involved. I don't care to be rich. I don't care about big ...

4 Hour Strategy (MACD)

Ryan, I saw where you started trading in 2000. If you don't mind me asking, how old are you? It is interesting, because age helps bring about a level of confidence and a calming effect as well. I am 29 1/2. I just got into trading 6 months ago, but ...

4 Hour Strategy (MACD)

Been very busy at work, but I have followed the markets pretty closely. I see a lot of activity here. Ryan, your post on how you know you would make it as a professional trader once you had the emotions to be excited to manage a loss is golden ...

4 Hour Strategy (MACD)

I figured with the US Markets being closed for MLK day, that things would be slow. I slept in, and it felt GREAT. By the time I woke up the markets already made their moves. Lesson learned: Don't sleep in, even on a US holiday. HiJackxx, do you ...

4 Hour Strategy (MACD)

That is EXCELLENT help, Palmer. Thank you!

4 Hour Strategy (MACD)

Thank you to everyone for sharing your trades. I didn't see anything set-up on the 4 hour, everything looked out of rythem, and I am not comfortable enough to jump in on the 1 hour alone. But thanks to you posting your trades, I can learn the 1 hour ...

4 Hour Strategy (MACD)

My goodness. My be Mike_DG, the EURUSD is forming what might be the largest 4H bar I have ever seen.

4 Hour Strategy (MACD)

Palmer, thank you for the tip. I have seen the 8 act like a rubber band as you said, I was just too conservative to take the CT trade. Heck, even if it goes flat to get back to the 8 EMA, you can probably still scalp 10 or 15 pips in most cases. ...

4 Hour Strategy (MACD)

It is great to hear the fundamental news here as well. Might keep me shady on taking any trades until after Wednesdays announcement. So you took the CT trade on the EURUSD? I considered it, but I was not certain how many here took the CT trades.

4 Hour Strategy (MACD)

Yes, you are correct on holding trades. I need to learn patience, though I really feel I have gotten a hang of this system over the last few months. I only took the CAD as a scalp. I can't say it was a good trade, I just felt it had a good chance to ...

4 Hour Strategy (MACD)

Gotta go to a meeting. I took the same TC that Phillip took on the GBPUSD. I will see if this sucker keeps moving (I could have taken a small profit, but I want to learn to hold my trades). I also took the TC on the USDCAD. I believe this will be ...

4 Hour Strategy (MACD)

I got 20 pips this morning, after the EUR announcement (which follow the GBP announcement) by going long on the EURGBP. Kept my stop too tight as well, due to the long 4 hour bar. I stayed out of the market with the Bernake speaking. Glad to see the ...

4 Hour Strategy (MACD)

Bittersweet! I did not take the 4H GBPUSD due to the size of the bearish candle. But the break out was exciting. I saw the very same trade Phillip took on the EURUSD and backed out due to the indecision previous of the market. It is sweet I saw the ...

4 Hour Strategy (MACD)

Ah fuddle sticks on the USDCAD. I was waiting for a possible set-up and an hour and a half into the possible long 4 hour bar the trade has almost run to the target price I had in my head. Damn. Kudos to anyone who got in on this long. On the 1H, the ...

4 Hour Strategy (MACD)

Just curious. Does anyone have a fundamental reason for the markets being so flat this week? We are out of the holidays, I didn't see any huge news regarding the US markets for this week. What is causing everything to be so flat?

4 Hour Strategy (MACD)

Woke up at 5 AM to catch the bar only to find I did not miss any trades at all. I just have to get to bed earlier, get up earlier, and forget the limit orders unless the set-up looks excellent for a limit order and a quick run. The only possible ...

4 Hour Strategy (MACD)

I was unaware of the MACD being below 0 and showing a green as a cautionary sign. Thank you for that information (I want to learn at least one new thing everyday for as long as I live). I am guessing by the bad movement around the 8 and 21, you mean ...

4 Hour Strategy (MACD)

Here is the trade I got in (barely) using a Limit Order while I was asleep at 1.4730. Regardless I would have taken this trade a few pips lower when the bar did close down a little. I would have been stopped out regardless as well. So it was not the ...

4 Hour Strategy (MACD)