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Phillip Nel replied Oct 29, 2009MACD settings — I am using a 5,13,1 setting. I do use the 10,22,1 to check for MACD divergence. Last year when the volatility was huge the 10,22,1 setting seems to worked better. It filtered out some of the volatility.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 29, 2009EurUsd trade — Here is a trade I took today purely on a RB with tails around the 1.4700 level. It was also close to a daily bottom TL. I was expecting support.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 28, 2009EurUsd trade — I took this trade based upon that tail allmost down to the 200sma, round bottom, price is inbetween 89 and 200sma so I was anticipating a move up to the 89sma One of those that did not worked out.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Youre welcome — When visiting just give private message and we can meet.

4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Daughters Youth Camp — Hi Here is some photos of the youth camp we had this weekend. We surely could help a few youngsters with some serious problems. I am not on the photos. Camera shy!!!!!!.

4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Well done — I see this as a positive trade even if you missed it. If you planned it and was not there when it happened it is all part of trading. Happened to me many times before. Just take the positive out of it that you were right and it was ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Very Good — If you continue to be that patient you will constantly make pips per month. Well done
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Nice!!!!!! — Nice entry as well. I closed my long there and then switch to the AudUsd. I had difficulty to decide between the EurUsd and the AudUsd as they were both sqeezed inbetween two trendlines. I actully have decided on Sunday that I ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009What pairs I look at — Somebody asked which pairs I look at to trade the 4H MACD. EurUsd GbpUsd AudUsd UsdCad EurGbp EurJpy UsdJpy I only look for the good setups both with and against the trend(Round tops and bottoms)
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009AudUsd trade — Trade taken on AudUsd Edit 1 Closed 50% at 0.9200 for +29. The bottom TL on 1H was the early target. Edit 2 Price reached the 1H bottom TL for the second time. Set remainder to BE. Edit 3 Closed remainder for +90pips when the 4H ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Odds is good — Inverted hammer with a bullish signal candle off the 21ema will allways put the odds in your favor 7/10 times at least.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009Pin Bar — It might very well be a false breakout. But I am going for a Fib retracement on that weekly pinbar of at least 38%. the 4H candles confirm at least an attemp to retrace. The trendline around 1.6365 will be my Breakeven level. That is ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 26, 2009GbpUsd Trade — Here is a trade a took today. RB trade on the second green candle and 2 tails to the bottom. I was a bit late (about 12pips) as I could not be there when the candle closed but it was still within my risk management. I will be ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 25, 2009Trade EurUsd — Here is the trade I took Friday and closed for Breakeven on Friday night.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 23, 2009Weekend — My daughter is helding her yearly youth camp so I will be back on Sunday night. I have taken a short on the EurUsd but have closed for BE a while ago. I will post details on Sunday.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 22, 2009GbpUsd Trade — Here is a trade I did tonight based upon the 4H MACD rhythm of a possible TC on the 16:00 to 20:00 candle. Edit Closed out by trailstop for +39 pips
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 22, 2009Original Post — Hi I have updated the original post with some comments
4 Hour Strategy (MACD)