4 Hour Strategy — Over three months only two wrong trades in a row 90 pips max. 45 Pips per trade. Only take the good signals is my filter. Never take a trade if the 89SMA or 200SMA are nearby and my risk reward is less than 1:0.9. If the risk ...

4 Hour Strategy (MACD)

4 Hour Strategy — You are absolutely right. That is why I said this morning that with support of 89SMA on the Gbp and also on the Eur we must wait for a possible trend continuation. The down move must be confirmed even if it takes another ...

4 Hour Strategy (MACD)

4 Hour Strategy — To the close

4 Hour Strategy (MACD)

4 Hour Strategy — Very well done. You have just plan your trade and that is what it is all about. If it goes wrong you will know exactly where to get out and if it goes well you know where to take your profits.

4 Hour Strategy (MACD)

4 Hour Strategy — You can if you can enter to squeeze some pips to the 89SMA and your risk reward is OK

4 Hour Strategy (MACD)

Just watch the 89SMA

4 Hour Strategy (MACD)

4 Hour Strategy — I am a bit late today. Had to do something. Good evaluation. Did not make a nice valley but the continuation pattern could be taken on. I like the valley to be a bit deeper but it worked out well. Target 200SMA.

4 Hour Strategy (MACD)

Gbp — The setup starts to look promising. We are however just above the 89SMA which can turn out to be support. I will rahter wait for the continuation pattern for a long to occur or another down candle will confirm the downmove. There are ...

4 Hour Strategy (MACD)

4 Hour Strategy — I would have set it to below the opening of the candle. Only by experience I know that the price very seldom on a morning star comes below the opening of that candle. You could have set it below that candle which would have ...

4 Hour Strategy (MACD)

4 Hour Strategy — This what I have drawn just to give me that overall picture on the EurUsd.

4 Hour Strategy (MACD)

4 Hour Strategy — As to the Gbp breakout trade I will wait for the MACD to give a signal. I like it conservitave. I will never add to a trade. Only my way. If I have to do so I will only do it if the MACD crosses the line from within the 15 ...

4 Hour Strategy (MACD)

Gbp — Look at this chart. A breakout started. Watch for the pullback after it did run a while if it does.

4 Hour Strategy (MACD)

4 Hour Strategy — I will only enter when the MACD makes a pullback and give a trend continue signal. 200SMA is only about 20 pips above 1.3000. Not worth it I would say.

4 Hour Strategy (MACD)

4 Hour Strategy — Be aware. Set stoploss to at least 1.2970. Lets see if it can go over the trendline and 365EMA. If yes then 1.3000 is on.

4 Hour Strategy (MACD)

4 Hour Strategy — Eur ran into 365EMA. Set stoploss to 1.2972.

4 Hour Strategy (MACD)

4 Hour Strategy — See post 227 for targets. If there is news coming just tighten your stoploss ot close part of the deal and give the other part the benefit of going. Set stoploss so that no loss will occur should the trade go wrong. Also look ...

4 Hour Strategy (MACD)

4 Hour Strategy — EurUsd. Moved stoploss to 1.2965. Target 1.3000 Gbp. Set stoploss to 1.9675 just about at 89SMA. Next target previous closest high of 1.9740-45. Good luck

4 Hour Strategy (MACD)

4 Hour Strategy — If you are fimiliar with pivots it is OK. I dont like the horizontal lines. The MA's tend to follow the price if it is trending with an angle sqeezing a bit more pips out as the angle allows for it.

4 Hour Strategy (MACD)

4 Hour Strategy — Took 50% on 1.2960 and his raised stop on rest to 1.2945. Waiting for 1.2980 and up.

4 Hour Strategy (MACD)

4 Hour Strategy — It is not a round bottom but it is the closest to it. The MACD turned around upwards from trendline support together with a morning star. I think the odds were on. I call it a high probability trade. Even if it made a "V" ...

4 Hour Strategy (MACD)