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Phillip Nel replied Oct 29, 2008Eur trade — The EurUsd trade is still going as per the rules. First a move past the 21ema after a long downrun then a pullback to the 21ema and then a move towards the 89sma. Lets see if it can get there. It moved more than 150pips so I expect ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 29, 2008Trades Aug to Oct 2008 — I just worked through the trades since 1Aug2008 and if you used a stoploss of 100 to 120Max you could have made 2500 pips max. But lets say you closed the trades 50% short of the max for each trade you would have made ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 29, 2008Rules vs Risk — "For me a system is a set of rules regarding the entries and the exits. The system presented in this topic is doomed to fail because you cannot find any more entries based on the rules." The above statement is not true. I ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 23, 2008The same as day one — The strategy is still the same as from day one. Greetings
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 22, 2008Fractals — Not really. It helps to see the closest sort of top and bottom for profit targets and possible stoploss placements
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 21, 2008Page 1 — It is all on page 1 of this thread with page number and post number. Go through all of it.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 21, 2008Using the Rhythm — Here is the link to the 5min system url The EurUsd had exactly the same rhythm than the GbpUsd. You could have used the same approach.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Market Rhythm — It is not so much to know exactly how the market moves but rather when the market moves in a certain way which you know have produced pips in the past and when it moves in that way that it is stable and nice flowing then you ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Yes — That is the 5min system on this forum at this stage managed by Golfer
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Trades for today — This is not part of the 4Hour MACD strategy but I am showing you this so that you can see that by studying the market rhythm you can make money on a shortterm strategy with the knowledge obtained through the 4H system. I ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Good setup — I dont watch this pair on long term but it is a nice setup. Bullish bar over 120pips so stoploss can be problem. Edit. I bought it on shortterm at 1.1932 and on 15trailing stop Edit Closed at 1.1958 for 26pips
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Timing of the entry — You went in a little bit late but that was not to serious. On other occations you will be OK 7/10 times.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008Demotrade — Any system should be demotraded for at least 30 trades and each of those trades must have a full explanation to it as to have the rules been followed etc. If the sucess rate is above 60% then I will say it is a good place to start ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008That happens — That is part of the game. One has to prepare for events like this. It is all about managing the stoploss side of the trade. If you can manage your losses the profit will come as the strategy give good results. With a breakout ...
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 20, 2008It might still go up but that little tail might show some short movement. I will wait for the retracement after the breakout south or if it goes north I will wait for some candle emotion to confirm
4 Hour Strategy (MACD)