Jim, I took the USDJPY right at the close of the 4 hour bar 1 PM CST today. I got in at 109.83, and closed out at 109.91 to make a quick trade. I regret not staying in longer in hind sight, but I got burned just a few hours earlier in the USDJPY, so ...

4 Hour Strategy (MACD)

Pips4MeAndYou, thank you for your response on the USDJPY. I was a little shaky when I got up 10 pips, and realized it was not a strong trend, no 4 hour MACD signal and there was MACD diversion. I have learned my lesson. I did not realize the USDJPY ...

4 Hour Strategy (MACD)

Hey thanks man. I know you are pretty much out all this month, and I owe you so much for pointing me to this thread. After 1 week of live trading I am up just slightly. I just need to get used to all this. Oh, and I think I am addicted, LOL. This is ...

4 Hour Strategy (MACD)

Is anyone going to take the USDJPY long, off the 89, if the MACD confirms in 70 minutes? I am almost shaky on this one after being taken out after going long last night. Thank you Phillip, was reassuring to hear from you. Glad to hear I saw many the ...

4 Hour Strategy (MACD)

I feel a lot better hearing I am not the only one to make the mistake on the USDJPY, whew. I wanted to get in early, and I lost about 3/4% of my account (so following money management ensured I didn't lose much). Is anyone in any trades right now? I ...

4 Hour Strategy (MACD)

Are you in any trades right now JimTatum? Ugh, so upset with myself.

4 Hour Strategy (MACD)

Well, after missing easy trades last week, I got too far ahead of myself, got into the USDJPY, and then did not get out when I had a small profit. I got stopped out for a 40 pip loss at 109.90. And then I WAS awake for the EURUSD move, but did not ...

4 Hour Strategy (MACD)

USDJPY — Looks to be setting up nicely. Touched the 4 hour 21 EMA on the last bar. Close to the 21 EMA as I type this. I am just waiting for a signal at this point from the MACD or the H1 chart.

4 Hour Strategy (MACD)

TC = Trend Continuation.

4 Hour Strategy (MACD)

Japan market opens in 27 minutes and the USDJPY is looking to set up for a TC possibly. Exciting.

4 Hour Strategy (MACD)

Good call Pipsi. I missed some easy trades this week, and ended up scalping for about 15 pips. No more missing the 5 AM 4 hour bar. No more over looking easy trades. I don't mind losing, if I follow the rules, and just happen to lose. But I get ...

4 Hour Strategy (MACD)

Ryan, I know Palmer and Phillip have called it a month. I have not seen any trades this morning (though I scalped last night for 13 pips), are you calling it a month as well (not asking much with only 4 hours left in the markets)?

4 Hour Strategy (MACD)

But many of those you listed (especially the mutual funds) have legal limits on how much they can invest and into what vehicles they are allowed to invest. Not to mention, for many of these to buy or sell, they have to sell A LOT, which is tough to ...

4 Hour Strategy (MACD)

Not to get off subject here, but I have tried to scalp, and to me it almost feels like gambling. More hoping than with this 4 hour strategy. But I have the free time, and I am very motiviated to learn to make more money, so I would love to learn to ...

4 Hour Strategy (MACD)

Busy day here at work. Two things... #1) Thank you guys. I am young and new to all this. Thank you so much for all your help. Really, this is my chance to finally enjoy life. Not the amount of money, but the freedom it brings. #2) I am so glad I ...

4 Hour Strategy (MACD)

Thank you Phillip, I was about to lose my mind. I should have taken the long when I spotted it at 1.467, but too late. I was asleep during the long bear candle. Wish I didn't have to sleep. DAMN!

4 Hour Strategy (MACD)

EURUSD — Why is no one discussing this possible long? I am losing so much confidence, UGH!

4 Hour Strategy (MACD)

I never follow the AUDUSD, so I did not see it is setting up nicely. If the GPDUSD can come down to the 21 EMA while I am asleep (heading to bed right now) and then show a bounce in the 4 hour bar after the next 4 hour bar (I will wake up in 6 hours ...

4 Hour Strategy (MACD)

Possible Trades @ 3:10 AM GMT — Not sure if anyone is awake or not, but I got a few hours until bed. Possible trades, not enough confidence to take them, I wonder what anyone thinks... USDCAD possible long off of .9850. Possilbe past ...

4 Hour Strategy (MACD)

I believe the only reason you have for going short is the MACD signal. I believe you should look for a move off of support or resistance (MA's, support/resistence lines, etc.) and the MACD just gives the signal when to pull the trigger. Now the 89 ...

4 Hour Strategy (MACD)