That would be the weekly pivot points used as possible SR areas and the 89 SMA is being used as per the thread originators concept at the start of this thread along with the 200 and 21EMA to define the market rhythm. see post 10211. The reward risk ...

4 Hour Strategy (MACD)

EU Analysis time No red news for tomorrow. The weekly is in a downtrend and we are seeing an upswing on the daily. Daily:- Price is sitting on the 89 and a trendline going upward. H4:- We have broken down below the 89 and now sitting on the S38 ...

4 Hour Strategy (MACD)

Ah you mean the simulator EA? Used in the strategy tester part of the MT4 program. select the EA you want to test (LFH_simulator) and input the currency pair and TF with visual mode and use date, click start and a new chart appears, pause the ...

4 Hour Strategy (MACD)

I would say, start at page 1 and go thru Phils index. Make sure you check out the heart of the system doc and audio file and the anticipation trading doc. And then go thru all of Phils other audio files and pdf. If that is not enough for you, check ...

4 Hour Strategy (MACD)

I will add that markets are driven by the big traders interpretation of a news event and as such we need to be aware of the news events and the market reactions afterwards. Just saying

Trading Made Simple(r)

I am having problems with trading like yourself. Spotting the best trades and then having doubts as its not quite right and lately not trading at all. I am using the trading sim to go through past good setups to see how they look prior to the good ...

Trading Made Simple(r)

I read somewhere that the solar winds indi are bad repainters. Just saying. Stick with standard indicators

Trading Made Simple(r)

For us new ones that are struggling to see the light to financial independence. Here is a forex simulator EA, I expect it has been posted in the past but here it is again to keep your weekend happy while you wait for the market to open again.

4 Hour Strategy (MACD)

I will be going one better than that by using the forex simulator to make sure all of the MA are in the right place and can pause it when a possible trade is on.

4 Hour Strategy (MACD)

Thank you for your prompt response Naustingfx. I will go back and reread all of Phils training charts again, and then yours and Jonnypip, cheeseburger. It would appear we need to concentrate on a break of the 21 and a retest of the 21 as the highest ...

4 Hour Strategy (MACD)

Hi Nausting, Can we have some detail on how to scalp please? Chart setups and TF and what to look for. I dare say we need to know some PA for this. Ta

4 Hour Strategy (MACD)

How about post 2869

Trading Made Simple(r)

Wonder what happened there? I was convinced a long was on the cards after a close above the 89 and then wham dropped like a stone to the 365. Stop hunters back from their day off maybe. SL taken out for another losing trade

4 Hour Strategy (MACD)

Hi Boss, Can you explain what a MN master candle is please. Just found this on google The formation of a true Master Candle can be seen on a chart if the next four candles are consolidating inside of the tall Master Candle.

Trading Made Simple(r)

Yeah, can be tricky spotting ranging or trending. Maybe draw some horizontal lines on the tops and bottoms of the candles and wait for a close outside of the lines. Or could use the ADX indicator to check value above 25 to show a trending situation.

Trading Made Simple(r)

Nice Trading Sir. Unfortunately I was sleeping for the last 2 candles so missed the action. I am going to wait a bit more to see what develops.

4 Hour Strategy (MACD)

Looks like consolidation to me. RSI is flat, pass on that one

Trading Made Simple(r)

Hi Guys, I am new to this thread and still working thru the various posts from the masters of this MACD system. Big thanks to NaustingFx nd cheeseburger for being patient with us newbies. For the other newbies still looking for the holy grail system ...

4 Hour Strategy (MACD)

RH would say if its a valid H4 setup then take it. The daily candle is still forming and waiting for it to show its direction might lose you some trades.

Trading Made Simple(r)

Did I read somewhere that daily stochs and RSI just needs to be above 20 or below 80 for a valid trade on the H4?

Trading Made Simple(r)