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Phillip Nel replied Feb 6, 20074 Hour Strategy — Take the good ones till you have 150 pips gain then add another minilot. Then take 2 minilots with one at first profit anf second to breakeven etc etc. Add another lot for every 150 pips gained.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 6, 20074 Hour Strategy — Nice one. Did not run that well but at least we made profit.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 6, 20075 Min Strategy — Nice to see people still chatting on this. I am relly kept busy on the 4 hour strategy. Keep it going. There were some nice deals today on Eur and Gbp.
5Min Intraday System
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Phillip Nel replied Feb 6, 2007Gbp — Where were your entry and stops on the Gbp. Entry was on 1.9600 after confirmation of a turnaround at 0.000 Gmt and stoploss at 1.9555 with first profit target 1.9675. Our power were off otherwise that would have been the deal. Hope ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 6, 20074 Hour Strategy — Remember I said first profit. It does not mean that when the price is moving up that you have to take partial profits at the first target. When it went passed the first one the 89SMA was the next target. I sold 0.5 lots at ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 20074 Hour Strategy — I also wont consider the Gbp as a double bottom because of the cross over zero. The round bottom is also not perfect but it was surely on. We had a power failure just after the close of the 21:00(gmt+2) candle. The movement ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 20074 Hour Strategy — Most definitely but this isnt my main strategy as I have a 4 hour one that I use for better pips. This one is purely for the bloodpressure and to practice patience and the pips made here I use to support the risk in the ...
5Min Intraday System
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Phillip Nel replied Feb 5, 2007Wait — Unfortinately it is the close of the candle.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 2007The price goes to where the demand is — I want to show you something very important. When a breakout of a pattern is about to occur the smart money(institutions like banks, Etc) have already position themselves accumulating at zone A. When the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 2007E-Mails — For those that send e-mails. I will answer them as soon as my ADSL is sorted out.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 20074 Hour Strategy — Does not have a feel for this pair. I had a quick look and I will change the MACD settings to 8,21,1 to give it a smoother motion. Have a look and tell me what you think. The current movement is to much around the zero. Makes ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 5, 20074 Hour Strategy — We have ADSL connection problems. Working on Mobile GPRS. Takes ages to load a page. Will give some more info when up and running.I like the interaction that is happening. Keep it up. When a round top is busy to form (in an ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 4, 20075 Min Strategy — Only part of my management. After 2 wrong I am out for the day. After 2 right for the day I am out for the day. One right one wrong I will try one more and then I am out. I mainly trade the EurUsd. You can do more trades if ...
5Min Intraday System
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Phillip Nel replied Feb 4, 20074 Hour Strategy — Nothing wrong in looking at other pairs as long as you understand its movement in correlation with the one you comparing it with. I might use it just to anticipate a possible direction as to get my plan in order but I will ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 4, 20074 Hour Strategy — The price is within two main trendlines. It found support with the last 4 hour candle on a inbetween trendline as well as the 89SMA but that candle can be a continuation one as well. I will wait for the MACD to give the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 4, 20074 Hour Strategy — You can treat it as a lower high no problem. I just saw it as a double top due to the "V" it formed between the two and the right top are not that far below the other but you are not wrong the way you see it. The main thing ...
4 Hour Strategy (MACD)