- Search Energy EXCH
-
Phillip Nel replied Feb 4, 20074 Hour Strategy — The EMA is giving more weight to the resent price movement then the SMA while the SMA is a flatter. Draw a 100EMA and a 100SMA on the same graph and see what happens. I just found that the 21EMA fit the most resent price ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 4, 20074 Hour Strategy — Very wel done. You are absolutely correct to spot it. But if you look at the price chart you will see that I was still in the previous deal and would have skipped that one. But if you weren't in any deals that was indeed a ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 4, 20074 Hour Strategy — That trade was also a long signal given. I only showed it in red down to show that it was a loss trade. It was a loss of 31 pips. All the red lines are losses. Good luck
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 3, 2007Thougths — That is exactly our main enemy. It is those thoughts that change our mind and scatter our plans. Thanks
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 3, 2007Moving Averages — I studied the movements and interaction between the price movement and moving averages over a period of 2 years. I found that Fibonacci numbers gave the best results as to barriers that makes the price to stay there for a ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 3, 2007Signals — That are the amount of signals that were given at those times. (GMT+2)
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 3, 2007Exercise Commentaries — Here are the commentaries around each deal. Dont try to calculate the pips as to the exact. The concentration on this should not be on exactly how many pips but rather the story as to why there were pips or why there ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 3, 20075 Min Strategy — Thanks. No I havent and does not have a clue how to. Maybe someone will take it one I don't know. Good luck with trading
5Min Intraday System
-
Phillip Nel replied Feb 2, 2007Non farm payrolls — I took it on because of the turnaround and below the 38Fib. Was then below 8EMA. It also depends on the movement and I would say some experience. It is difficult trading news.
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 2007Exercise — Very well done. I like your description Aggressive Reversal. I call it High Probability Trade but I like yours more. Will definitely use it in future. Now comes the question. Which of those trades would you have taken and which not ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 20074 Hour Strategy — Very nice trade. News is to risky. I only trade it from time to time. Not on a regular basis. When it goes the one way and turn around I like it.
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 2007Non farm payrolls — Sorry it is the 5 min chart. Dont give notice to the MACD or MA's on that chart. I used the same 4hour chart, just set it to 5 min. I was only interested in the 8EMA. That is what I use to trade news. As long as the 5 min ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 20074 Hour Strategy — This strategy is definitely also for the GpbUsd. It is just that I studied only the EurUsd for the last two years when paper trading that I prefer it because I know its movement. I made that decision to know one pair well as ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 2007Non farm payrolls — Took a part of the downmove. 19 Pips on 2 lots. Took profit on Fib 61% of nearest hi-lo. Can still go down to 1.2960 (89SMA on 4 hour chart)
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 20074 Hour Strategy — Just another warning signal. When the MACD comes down or up in such a straight line it means the speed is going to change. The direction is not definitely known beforehand.
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 2007Non farm payrolls — Will definitely not trade it on the MACD strategy. Might do it on the 5 min chart with a different strategy. This is gamble money. Win or loose. Only 2 chances.
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 2, 20074 Hour Strategy — Here are the deals I got on the exercise as well as commentary about the EurUsd deal yesterday. Look at all those deals and see which ones you would have taken and which ones not. Look at the support and resistance around the ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Feb 1, 2007Exercise — I am posting an exercise over a very difficult period and I want you to look at it and pick the deals that there is. I have picked 23 deals. I will post the deals the same time in 24 hours time and then I will post a discussion on ...
4 Hour Strategy (MACD)