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- yaakruay replied Oct 29, 2013
The system still works great its just the pesky humans that mess it up...
Welcome aboard hope to see your charts, ideas and questions. There is little risk and lots of reward if you study and learn the system....4 Hour Strategy (MACD)
- yaakruay replied Oct 29, 2013
This is what i am watching for my trade this week. I like the idea of a nice retracement up from the 200 (not sure if this is strong enough ) Bounce from bottom trendline channel Near BUT under BRN Far from 8, 21 ( needs to hit them at some stage) ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 29, 2013
My charts as of 18.30 29/10 UK Don't worry about trading....I only trade a live account..between 10pence and £1 per pip...(usually 10pence) I tried Sim but did not have any feelings for it.. I prefer to put real money into it as i find i pay more ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 29, 2013
Brilliant thank you... It took me a while to find this currency pair in my MT4... hahaha This is what i can see a few hours after your post. Am i on the right track...we are resting and waiting still i think... What is a good entry signal??? I have ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 28, 2013
Arrow or anyone else...., Are you waiting for a retrace up towards 89 before selling? Are you going to go for a counter trend move up? Decisions hahaha
4 Hour Strategy (MACD)
- yaakruay replied Oct 27, 2013
My take on Nzd/Usd First chart. Trendlines from weekly and daily. Solid support at price now...good time for a breather and a retrace back to 8, 89 or trendline. Macd could show a RB to show counter trend.. Next Chart.. What a mess but Philip Nell ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 26, 2013
Hi Binnie, Found this while browsing through the thread..from an earlier member known as Palmer. Good read for me on the about 1 hour trading. Having read this i have gone back to the beginning and watched the 4 hour vid on youtube Plus started at ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 25, 2013
I usually don't trade Fridays...I realised over time that most of my trades were losers and it really pissed me off going into the weekend... Exception today. I am using trendlines from D1 and H4. Watching for a couple of touches (look like three ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 24, 2013
I am well up for that....learning along with someone/people who is/are not selling a system/forum/trading room etc.. Also no BS either... I am happy for studying whichever part of the system on which ever currency...love reading and posting charts ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 24, 2013
Another lesson learnt...thanks I didn't put the BRN below current PA on my chart..... Now it's on and you can clearly see the support level. Now I am a little bit stuck.. Macd making a RB so we are waiting for a close above the zero line for bullish ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 24, 2013
Nice...I enjoy following your charts a lot more than trying to read about someones ideas...it's just easier for me to digest....... Question....The trigger for your trade from the RB was the 2nd bullish line (B) up from the nicely formed RB with 4 ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 23, 2013
Trading plan.. Idea now changed.. Looks like the up rhythm has changed as per the system...now closed under the 21.. Can we trade the under touch of the 21 down to the 89? Macd now bearish and forming a RB .. or what else ? A weak, doji candle... ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 23, 2013
Brilliant.... Happy days, I didn't pull the trigger last night...would have woken up crying in my cornflakes... But all is not lost as you pointed out, profit taking and then round 2 begins. I am assuming we now watch for a close above or below the ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 23, 2013
Money in the bank...wicked... I want to know what was your trigger for taking the trade where you did? Was it a close above that last high? Small stop loss? You liked the candle formation? You had already targeted that price as a potential buy area? ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 22, 2013
Waaahey... Money in the bank from the Eur/Usd... used the same trading model as the Aud/Usd.. But i am now hooked on the Aud/Usd and really want to trade it...just to test my learning here on the open forum... My feelings now. Want to buy. Price ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 22, 2013
Awesome thanks for the time...its amazing the little titbits that confirm and clarify things. Slow meander down in price and macd...can signal a build up of support and not a CoT... Nice as I have been fixed on this for a while and learning to ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 20, 2013
Eur/Usd analysis... Waiting for retrace to 21 or 89 before confirmation to buy. 1) BRN above current price. 2)Price above / away from 8, 21 and 89. 3)Macd showing bearish lines when price is bullish (divergence?) Ideas suggestions welcome.
4 Hour Strategy (MACD)
- yaakruay replied Oct 20, 2013
The indicator is from this thread url Recent SR . You can customise it to suit yourself but i just put it on as it came and didn't mess with it. It's quite cool on lower t/f m5, m15 as the lines become wider and give you a sense of S & R buffer ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 19, 2013
Thanks for the analogy and your time and effort.. I had to zoom out to W1 to find a target and found 0.9862 this is the 200ma and Monthly resistance 0.9787 365ma on D1 I've now cluttered my chart with a new indicator (again groan) to show support ...
4 Hour Strategy (MACD)
- yaakruay replied Oct 18, 2013
Binnie, Your target was hit..so what is next? Bearish CoT or more bull power I have put my observations on the chart but I know my weakness now is knowing when to enter...I didn't understand this previously but I feel like i can get the rhythm but ...
4 Hour Strategy (MACD)