Hi Alcastro Do you actual trade the EUR/GBP with the 4h MACD system? How do you find the trades on the EUR/GBP, easy, smaller stop loss, less choppiness? Last week I started looking at this pair and I've realised that there is less choppiness on the ...

4 Hour Strategy (MACD)

Pips4uandme Yes, I also like trading the swissie especially in trending markets, makes nice turns and no real quick (big) turn arounds. Choppiness also not with big movements. Willem

4 Hour Strategy (MACD)

Phillip Now I am with you and it is getting clearer by the day. Lost of homework this weekend. I am still short with half my trade after the H&S formation yesterday. Seems now like a nice support being formed. I'll exit the trade anytime now (before ...

4 Hour Strategy (MACD)

Phillip Tx for the MP3. Just one question - you said you'll wait for the EUR/US MACD to cross the 00line before you'll enter a long trade - is that the 1h or 4h MACD? Willem

4 Hour Strategy (MACD)

My only conerns are: 1. Too late on a Friday 2. Seems like you would need a big SL = 30+pips making the RR not worth it. However, the trade is there for the taking in line with the trend. Personally I would give it a skip. Willem

4 Hour Strategy (MACD)

Woju2 I did take half the profit @ 1.3200 and moved my SL to BE. I do belief in taking the profit it is there and get a free ride with the rest. That is why I am still in at this stage with the other half. The reason why I took my profit is that I ...

4 Hour Strategy (MACD)

Demo yes, live no — Hi Woju2 With a demo account, yes just get the experience should such a signal appears again. Take profit early if it comes your way. With a live account with little experience, a definite no. I'll let it pass but I'll keep ...

4 Hour Strategy (MACD)

First target is 8/21MA Willem

4 Hour Strategy (MACD)

I do agree - I am still short with half of my trade since the earlier Head and Shoulder formation (enter @ 1.3223 05H20GMT yesterday). Phillip posted yesterday the trendline supporting the price where it is right now. Seems like the trendline is not ...

4 Hour Strategy (MACD)

Nanette I do agree with Candra - be careful with counter-trend trades. Take profits if they do come your way. Willem

4 Hour Strategy (MACD)

Careful for tails — Hi Nanette I do agree with Tamkas - be aware of tails. I've tried to trade the US/JPY before and I was taken out by my stop loss 30 pips away (tail was about 55 pips). At this stage I only look at the ..../JYP charts to ...

4 Hour Strategy (MACD)

Tx for trendlines — Phillip Tx for the pdf & mp3 files. I am going to save the files and look at it over the week-end carefully. I am still in the EUR/US trade - just because it is a demo trade. If it was live, I would have taken my profits. I ...

4 Hour Strategy (MACD)

Great!!!!!!! — Phillip Tx for the chart. It seems like I do look at a too short time frame for the trendlines. Longer time frame trendlines seems to be more strong R & S levels than short term. That is why I've asked you a week or two ago for ...

4 Hour Strategy (MACD)

?Chart — Phillip Would it be possible to post the chart with the trendline so that I can have a look at it? I also have drawn a trendline on the 4h chart supported the latest candle bounch (1.3154) afterwards. Willem

4 Hour Strategy (MACD)

Trade did work — Took first half of profit @1.3202 at 15H03 GMT (21EMA). Moved stop loss to breakeven. Aim for 89MA now but I am not sure it will get there? Any opinions? Willemmmmmmmmmmm

4 Hour Strategy (MACD)

Hi BenF Tx for the reply. I was in the same situation - to eager to trade and I couldn't wait for the 4h candles. No patience - just want to get on the action. I was also not sure about all the MACD formations. Yes, I think I was also just following ...

4 Hour Strategy (MACD)

EUR?US went short — I did go short (demo) on EUR/US @ 05:20 GMT (this morning), entry 1.3223, SL 1.3243, TP 1.3200. The 21EMA is my first target. I know it is a counter trade and also a high risk trade (in a uptrend with head & shoulder ...

4 Hour Strategy (MACD)

I had the same problem. I lost count the number of times I've gone through the pdf file to understand the various formations - still struggling. But it is becoming clearer now with all the examples posted and discussions. For beginners like me, I ...

4 Hour Strategy (MACD)

Well summarised!!!!!!!!!! — Hi Chandra Just as I understand it. Well put. I've tried to demo trade the 1h charts (recommended by Benf) with the 4h system but after my first 2 trades (EUR$) being losses and Phillip advice not the use the 4h ...

4 Hour Strategy (MACD)

Ignore your heart — Phillip I do like your explanation between "heart and head/rules". That is one of my problems. It is so difficult to ignore your heart. Especially if the trade goes according to your heart and then that "I should have taken ...

4 Hour Strategy (MACD)