Yorik, What helped me is to not look at the MACD first but to look at the rythm of the market and to go for the rules of the system. If the price goes through the 89 it goes back to the 21 before continuing on. Print out a years worth of charts and ...

4 Hour Strategy (MACD)

pinbar — That is a good trade y'all made on the Euro. I need to do some backtesting on the pinbars. I noticed it this morning but not confident in them yet but it obviously works a high percentage of the time.

4 Hour Strategy (MACD)

Moved my stop up to quick and go taken out by 1 pip on the pound. I need to keep my stops wider.

4 Hour Strategy (MACD)

Phillip, I am in the same trade I just entered a few pips later I am out for +20 on the 1st lot. Thanks for all your help my confidence in trading has really grown in the past few months. Jason

4 Hour Strategy (MACD)

It looks like the Euro is bouncing off the 21 I will wait and see for a little more confirmation.

4 Hour Strategy (MACD)

That was a good trade on GBDUSD this morning. Too bad I missed it during my sleeping time.

4 Hour Strategy (MACD)

I am also long on the GBPUSD now. Price came back to the 89/21 level and when I switched to the 1hr there was a nice green bar telling me to buy at 1.9664. I have reached TP1 for +20 already and moved my SL up my 2nd stop will be the 200.

4 Hour Strategy (MACD)

Yea, I have my corvette sitting in my garage unfortunately it just sits there and I work on my boat a lot. I entered at 1.5675 so I had room for more of a stop I just didn't utilize it. I felt like my entry was right I just need to quit being so ...

4 Hour Strategy (MACD)

I had my SL too close on the Euro trade this morning I got stopped out by 6 pips, I need to keep my gaps a little bigger and give it some room. I knew what direction it was going. As Phillip would say it wasn't a doubt in my mind.

4 Hour Strategy (MACD)

Hookem I am with you on that trade. Also, I am long on EURUSD the price passed and came back to the 200 and is going UP however the candle is not that big we will see.

4 Hour Strategy (MACD)

Back testing — I conducted some backtesting of the GBPUSD in May and June of 07'. The backtest was interesting and I may need to conduct more testing to make a conclusion but to me there is a clear pattern. If you take all the TC's except if ...

4 Hour Strategy (MACD)

Ira, don't quit posting your charts I like to follow your analysis. I took about a month off from trading I was just too busy but I am back on track and in some aspects a break was needed but I feel like I need to get back in tune with markets. It ...

4 Hour Strategy (MACD)

It is good to see you back Ryan

4 Hour Strategy (MACD)

Don't forget tomorrow is April 15 (income tax day for those that don't live in the US) The markets do some crazy stuff traditionally on this day becareful.

4 Hour Strategy (MACD)

I was lucky my alarm on my computer didn't go off because I would have been nailed by the GBPUSD trade. The morning star and the nice long candle on the way down would have got me. Hopefully Phillip will chime in.

4 Hour Strategy (MACD)

Good Trades everyone. I should have let mine run I locked mine in with 25 pips. This is the next thing for me to work on.

4 Hour Strategy (MACD)

Message — See above

4 Hour Strategy (MACD)

The green is buy the red is stop loss the magenta is Take Profit. Good trade Philip I was in a little after you that is 6 wins in a row for me. Thank you so much for teaching us this.

4 Hour Strategy (MACD)

I usually skip the 2am chart (when London opens and a new 4hr candle for me) however I am going to start setting price alerts.

4 Hour Strategy (MACD)

My last trade — I went short on the GBPUSD. Reason: Price went through the 200 and pulled back to the 200/21 and made a nice long tail. Switched to the 1 hr and found 2 nice tweezers and entered Sell 1.9800 SL 1.9827 TP1 after 20 pips TP 2 at ...

4 Hour Strategy (MACD)