AH HA!!!! One of those "AH HA" moments. I have been confused on how you use the 1 hour, so I have just stayed away from it. But now, between this post and the explanation on the long candle entry, I get an AH HA moment. Thank you Phillip! The trade ...

4 Hour Strategy (MACD)

Ah, I gotcha Eric, on the USDJPY. I am still not sure why the USDCAD went against me so quickly. There must be some fundamental reason. I am not upset, as the trade fit the rules (other than maybe the long tail at the top) and I would take it again ...

4 Hour Strategy (MACD)

I was asleep during the EURUSD move. I still don't think I would have gotten in, as IMO it already seemed to be over sold. Good call to those that took this trade. I am tempted to take this long (CT). It closed out almost exactly at a 61.8 Fib level ...

4 Hour Strategy (MACD)

Do you guys normally place your Fib Levels on the Daily charts? Or do you normally use 4H, Weekly, Monthly, depends on something else? Thanks for all the help!

4 Hour Strategy (MACD)

The start of next week — I will look back on this Sunday evening, so I can compare and contrast if my opinions have changed. Here are the 5 pairs I follow... USDJPY: Looks to be in a very good trend. It has broken and closed above a previous ...

4 Hour Strategy (MACD)

Hehe Ryan, mine was health and now it is money. I still schedule time in the gym, and I have been at it for 15 years, so I have it down pretty well. But trading, that is a whole new challange. I can't wait.

4 Hour Strategy (MACD)

Pips4, thank you so much for your reply. "Not ever move is mine" that is a great thought. Thank you! I think the markets are pretty slow my time (8 PM to 2 AM) (this would be 6 PM to 1 AM) your time. I may just need to get my butt in bed by 9 PM and ...

4 Hour Strategy (MACD)

Thanks for the help guys. After live trading 3 weeks, I am up .1%, so I don't feel so bad. Though I have not hit any big trades yet, I am still above water. But my knowledge and confidence has grown greatly in these 3 weeks. I don't feel as mad ...

4 Hour Strategy (MACD)

Ryan, it was not so much a fear of losing, as much as these trades appearing to be bouncing off of resistence AND the size of the 4H bars. I can't believe the size of the 4H bars did not scare anyone else away. Boy have I learned.

4 Hour Strategy (MACD)

Ah well damn — Somone comform me, please. I got up at 5:00 AM to look a the markets as I do every night. This is what I saw and went through my mind... USDJPY: Nice TC that some here already were in. But the bar was right up against the 365 ...

4 Hour Strategy (MACD)

Wow Ryan. How many different pairs do you follow? I follow 5 currently.

4 Hour Strategy (MACD)

Possible long MACD confirmation on the GBPUSD. If I take it, my target price would be around 2.0440, where I have a trendline.

4 Hour Strategy (MACD)

Good call Palmer. I missed the EURUSD short this morning. I almost took the EURUSD retrace to the 23 Fib line, and I would have been correct. Damn.

4 Hour Strategy (MACD)

Thanks guys. I figured this technique would work on most vehicles. I went with forex, just because I felt it would trade the best and is the least likely to be influenced by one big shot investor. Not to mention the cheap price to trade forex v. ...

4 Hour Strategy (MACD)

Do you find trading stocks to be easier than Forex?

4 Hour Strategy (MACD)

I am upset at myself for missing the EURUSD short this morning. Ugh. Okay, the USDJPY looks like a possible long. I am uncertain with the long bar that is getting ready to close as I type this message. I have a trend line that the top of this long ...

4 Hour Strategy (MACD)

I did not take this trade due to the HUGE 4 hour bar before the positive 4H MACD bar. I have a trend line drawn before the 89 EMA which held for resistence.

4 Hour Strategy (MACD)

I decided to scalp long the USDCAD off of a trendline and with a MACD 4 hour long signal. Not the best set-up, so again I only took 1/5th my normal trade amount.

4 Hour Strategy (MACD)

My bad HipsterPipster, I meant "short trade" being "holding for a short amount of time" but actually going long. Bad use of language there, LOL

4 Hour Strategy (MACD)

I have decided to wait and see if we get a retrace down to the 21 EMA on the 4 hour chart before going long. I have also noticed on the GBPUSD on the 1H chart there appears to have found support at around 2.0450 - 2.0455. I will wait to see if it ...

4 Hour Strategy (MACD)