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- 40PipsAlan replied Feb 3, 2020
Heres a dud trade EC. Convinced the pair was oversold and due a reversal. Sold after the 8EMA close and nice RT way up there near the 450 level. I should have taken profit at the 21 but was working my job at the time.
Tagged the 21 and went ...4 Hour Strategy (MACD)
- 40PipsAlan replied Feb 2, 2020
Hello guys, its EU analysis time again. On the Daily chart we have price sitting at the 89 with the 200 not far above it. There is also a downward Trend line and upward Trend line very close by. The macd is approaching zero so we might get a zero ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 31, 2020
EU bit of a hack this one. First blue line is my first entry, I figured a long trade was required after this downtrend along with divergence showing on the macd. But then it decided to go and test the 61 pivot before a retrace. Once the 21 was ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 31, 2020
GJ close above the 21 and retest after my entry
then went my way for 68 pips and i closed it the other side of the 200 and 89 when it looked like running out of steam.4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 31, 2020
Just posting some of my lucky trades from this week to see where I can improve things. EC with price between the 89 and 200 so I was looking to trade from the edges and to the other side. first blue line is entry 1 which went against me and I ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 31, 2020
Ok Guys, Trading results for the week all trades now closed. All winners and total of nearly 5R profit. Well happy with this. Someone said on this thread, the more I practice, the luckier I get

4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 29, 2020
Also Emm says the stoch and RSI cross needs to happen over 2-3 candles. Any more and it gets more risky.
Trading Made Simple(r)
- 40PipsAlan replied Jan 28, 2020
Looks like the RSI is still above 50. Need to wait.
Trading Made Simple(r)
- 40PipsAlan replied Jan 26, 2020
Ok Guys, EU analysis time. Open to suggestions from the live account experts out there. Daily trend is down and Price has broken the trendline support at 1.10915. Price currently sitting near big round number 1.1 and will probably find support ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 24, 2020
Welcome forexdg, I too would like 100 pips every week but consistency is my problem, good one week and the following week a big loss. Study is the key to success. I intend to go thru the whole thread and make some more notes from the other masters. ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 24, 2020
Ok guys, trading results for the week with 7 trades. Profit of almost 1.5R. big dud on EC so will go look at that again and see why I took that trade. Have a good weekend. Update:- Poor entry on the EC. I figured it was going to reverse at the 200 ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 23, 2020
Gives you a nice warm feeling when it goes you way. I call it lucky.
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 22, 2020
Posting some reading material from ones of the masters. Something to study during your 9-5 lunchbreak. I will do part2 from Jonny tomorrow. Hopefully someone will find it useful rather than going thru the whole thread or if you arent online all the ...
4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 22, 2020
Sounds about right to me. Make sure you check the higher TF for trend direction and possible SR areas that you can trade from. Still learning myself and just watching EU for the moment whilst I wade thru the zillion posts. We probably need ...4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 21, 2020
Nice one, slowly but surely wins the day
Update:- trail stop taken out for 18 pips. I moved it close by as price was sitting on the weekly pivot.4 Hour Strategy (MACD)
- 40PipsAlan replied Jan 20, 2020
So far so good, I am going to move to BE before we reach the 365 in case in turns around again.
4 Hour Strategy (MACD)