Did you have your stop and target in mind before you entered the trade? If you got stopped out and stuck to your rules it's okay, lots of times they run out the stops and you knew that, look at the close of the bar before you close a trade unless ...

4 Hour Strategy (MACD)

I don't play the news because the risk is too high, ya you may win a few but why not play when it's slower and you have more time to react? If you want to have a heart attack stick with the news trades.

4 Hour Strategy (MACD)

You can not trade in fear or without money to lose, you are starting at a 80% chance at losing. I know I did the same thing lost over $30,000 when I would stop out quick over and over or let EMOTION get me. Look at the charts use a 1:1 stop if the ...

4 Hour Strategy (MACD)

And that is why I use Bill Willians AO and wait for close on green, it's a great filter with the macd. You would not of lost here...

4 Hour Strategy (MACD)

Do you have a chart you can post with the fib's on it? I know about fibs I just never used them on a chart.

4 Hour Strategy (MACD)

Lets see if the 21 holds it down, I am going to say yes Currently flat. 2 pips away from my 705 call this am. Could be a short, going to wait for Macd to go red and have 3-4 bars building resistance at the 705 level before I do anything.

4 Hour Strategy (MACD)

Closing this out at 1.3683 for +46

4 Hour Strategy (MACD)

The 89ma is flat and the 200ma is support so it's hard to say, prob a counter trend trade but right now on the 4hour I do not really see a trend. I am still in this trade and put a stop up at cost and going to see where it goes, my profit target was ...

4 Hour Strategy (MACD)

Support @ 1.3605, bounce off the 200ma, Macd green. 30pt sl 50pt target looking for 1.3680ish.

4 Hour Strategy (MACD)

Trendline? — Tell me if these trend lines I put on the chart are good or not please.

4 Hour Strategy (MACD)

3 Sisters? — Is this not Just EW stuff or 3 drives to a top or bottom? url

4 Hour Strategy (MACD)

Fari — I will say this; you’re not a trader until you blow out your account a few times. I remember in 1997 I watched someone turn 60k into 8 mill and lose it all, but at that time you can throw a dart at a chart and make money. I have blown ...

4 Hour Strategy (MACD)

I am thinking the same thing as your MP3 said, hit the 89MA and sell off some more down to the .690 lvl's again.

4 Hour Strategy (MACD)

Could be a short building off of the 89, going to wait and see.

4 Hour Strategy (MACD)

Good book read it several years ago. Also Check out Pit Bull, thats a good read too.

4 Hour Strategy (MACD)

760-765 is the brick wall, 2 MA's and a tall downbar to fill

4 Hour Strategy (MACD)

Out +45

4 Hour Strategy (MACD)

The more I look at this "System" the more it is just plan old trading and learning how support and resistance works. I think MACD is just a part of it. This stuff is nothing new as I have traded MACD in the past counter trend on the SPX with a 3min ...

4 Hour Strategy (MACD)

Looks like a long @ .720 on the euro. Macd looks good stop loss @ .690 nice little support there. Just posting my thoughts and taking SS of the chart to see what I did right / wrong. This is paper only

4 Hour Strategy (MACD)

Take a look at this, look for both AO and MACD to go green / red at the same time. MACD leads the AO, AO has less fakes. Just trying to add a filter to it.

4 Hour Strategy (MACD)