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LifesAbeach replied Feb 14, 2014Hey I think a TC only needs one red bar. I might be wrong. Hope I am understanding your question correctly.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 14, 2014Losing trade for the day. Everything was perfect in my opinion. Maybe someone can comment and tell me what went wrong. Maybe it's because it's Valentines Day.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 14, 2014Hi FW. Don't know if you are aware of it but you've got the 200ema(yellow line) and not the 200sma on your chart.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 13, 2014Hey I'm hoping for a couple of dojis during the Asian session and then a nice red candle so that we can have a nice evening/morning star during the London session. I'm not waiting for a RB. I'm waiting for a TC. To answer your question if PA doesn't ...
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 13, 2014See if this works: replace the 15,30,45, -15,-30,-45 lines with 150,300,450, -150,-300,-450.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 13, 2014Potential trade setup. Please comment so that we can learn together. I'm only posting these setups for comments. I'm still a novice and learning. Trade at own risk!! And if you loose don't go searching for another strategy!!!

4 Hour Strategy (MACD)
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LifesAbeach replied Feb 13, 2014Hi see page 7. Green for buy, red for sell. (The pdf attached is the same file that captain Phillip posted on page 1)
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 13, 2014Hi maybe a bit late now but I also think that price action is important when taking a counter trend trade. Maybe a nice long tail. And like Binnie also mentioned S/R levels.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 12, 2014If you've got a big SL I think you're safe. Price has been ignoring the 21ema and 89sma.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 12, 2014Hey at the moment the market looks quiet. Haven't spotted any setups. I usually only try and enter trades during the London and US session. If I see any setups tomorrow I'll try and post them before the London open.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 12, 2014Thanks. Don't stop posting your trades. I'm still learning to trade the shorter TF's but getting there.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 12, 2014I decided not to take the EURUSD. There was a nice engulfing candle which was very tempting but didn't like the look of those ******* tails.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 11, 2014Sorry guys for all the questions but here's another one. I hope this hasn't been answered already somewhere in the thread. How do you know when a trade goes against you and you should exit the trade earlier? Everyone's probably got there own method ...
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 11, 2014Hey yaakruay. What was your reason for entering the USDJPY. Shorter TF? I don't see MACD signal.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 11, 2014Those ****** tails!!!! You were right, it even went past the 89sma.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 10, 2014yaakruay I think you could use the MACD on the 5M TF to see in what condition the price is at the moment and you could probably use the moving averages as well. I remember in one of Phillips first videos where he uses them on the shorter TF's.
4 Hour Strategy (MACD)
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LifesAbeach replied Feb 10, 2014And maybe something on the USDJPY. I've got a feeling it will ignore the 89sma since it's already touched it.
4 Hour Strategy (MACD)