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EricthePip replied Feb 6, 2008I second the motion. I anticipated the 8:00 candle at 3AM this morning. it was an engulfing candle for sure. And looked damn bullish (attached picture).... only lacked 5 pips from turning the MACD green for a TC and bounced beautifully off the 8ema. ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 6, 2008Just a heads up to those looking at the eur and gbp. (actually most pairs could be impacted). BOE at 7AM EST and ECB to follow at 745AM EST (Thursday AM). Maybe a trade around 00 gmt or maybe even the european open, but it may flatten out b/f the ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Hello Arodriguez, You already have my friend (discovered a gold mine) in this thread!!!!.... Just a heads up, Palmer posted that his time is going to be consumed with some work related activity over the next week or so. He then will devote more time ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008oops — you were right thanks once again, 89 failed on the yen still fighting my impatience
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Please let me know. They don't come up in my MT4, but should be able to enter it under Tools/options in the server tab. May need an IP address from them?? Thanks,Er
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008I'm just using MT4 with MIG, MVP, or Interbank for a demo account (free charts). I have very few connection problems. I also have an Alpari(UK) Ltd demo account on my work laptop. I'm using MIG right now, but have used MVP or Interbank to try to get ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008I too live in the EST. I used to get up at 2AM as well, which is when the euro market opens. I found that setting alarms (above/below) the market is the way to go. But it you must get up, 3AM is better, giving the market another hour to show it's ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Will do, but actually I was looking at going long.... TC (4H trend is still up) and the support may hold on the 89.... Going to wait several bars to see what develops, then I'll get my 100,000,000 pips... Bounced above 89, but couldn't take out ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008I hear ya and I'm not jumping in. Just saying it's a good potential for a TC given the support of the 89 and the 1HR tails...., if and when it comes and if it's at a good R:R.... Of course to your point a 100 pip plus almost engulfing bear bar is ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Well put, but at least give the guy a easier way than reading the post, come on now that's a lot of work, how about: url Then simply pose the question to the board.... Actually in all seriousness, I studied the lessons (13 pdfs'), then read the ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 20081Hr tails of Jap Yen — Anyone notice these 4 tails on the 1HR usd/jpy. Sorry can't do insets or circles like other "fancier" members, but 4HR has found support on the 89, coupled with 1HR tails, looks like a possible TC developing.... Back up. ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Written copy of the Daily wrap up 5Feb2008 — Written copy
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008just look back to Ryan's post a few days ago.... He waits for a move below (for a short) or above (for a long) then a retrace back to the 8 or 21 for a TC opportunity. Ryan posted some nice charts and descriptions...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008get ready for a wild ride... Set my G/U at BE, actually netted 3 pips... Standing aside...Way to hang.... I set BE too quick. Early release of the ISM data (which was lousy caused the spike)....
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Thanks I'll check it out. And thanks for the new word...... I thought for a minute you were calling me a Cicada (Large insect comes every 17 years)....
url 4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008I missed the yen trade, but for those involved, A good lesson in taking profit just occurred. The entire 100 pip move was just retraced....
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008They work with mig, just look down on the bottom in MT4 and click on the alert tab. Activate the window by clicking on alerts. Then left click in the white space and choose "create". I use them as alarms overnight, also set them to let me know when ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008Missed that one, but 200 looks reasonable, recent support at 1.1014, but maybe too tight for stop....
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008I closed 1/2 at +15 pips and went back to bed. This AM closed 1/4 at 132 pips and then 1/4 at 126 pips... total of a little over 68 pips (average).... Edit 8:47 EST, looks like the 200's been broke...... maybe you're still ridin' 'er.... hold on ...
4 Hour Strategy (MACD)
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EricthePip replied Feb 5, 2008What time zone ya in?? I caught the Euro, GBP is flat and missed the u/J...... set the alerts in MT4 (EST here, seems a lot of action happens in the middle of the night)
4 Hour Strategy (MACD)