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Phillip Nel replied Oct 1, 2008Breakout trde — Nice supp/res trendline you have drawn there. The pullback setup was perfect.
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 1, 2008Good setups — Yes. The good setups that was there had stops to big so it was a frustrating month. I did 2 trades on rhythm that worked out. Hope this month will give us more smooth rhythm
4 Hour Strategy (MACD)
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Phillip Nel replied Oct 1, 2008Trade closed — I closed the trade just above the 161,8 Fib level for +333pips. Just see how true the 161,8 fib is when there is no clear support. My biggest gain ever on a single trade.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 30, 2008Agree — Just to add confirmation of the rhythm and give a specific place to entry.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 30, 2008+200pip move — EurUsd gave 2 nice setups. It was early in the downmove so if you have missed it the chances of getting in was minimal.
5Min Intraday System
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Phillip Nel replied Sep 30, 2008Rhythm — Some comment I made yesterday. The high risk was not so much in the setup but in the stoploss. The setup was good but the stoploss huge. The tail it was busy forming at that point (on the 4H) was my reason for interest. The gapdown ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Thanks. I thought the news was allready out. This trade was a mistake by me if you take the news that were awaiting into consideration. I had a look but did not see any news still awaiting. Just shows that one has to be wakeup. Could have cost me a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Thanks — But have there been an outcome yet. The jump and retrace might be an indication of news leakout. Maybe someone can give us some inside. Where is Pips now. We miss you.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Good — Just saw the price jumping up. I have been looking at FF Calender and saw only minor news that was allready out. Did I miss something.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Breakeven — I got out BE. It can still move down but I made my trade and that is it. Will look tomorrow again unless something good is happening with the rhythm if it goes down some more. Edit WOW. With jumps up and down like that it is better ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008High Risk — The high risk was not so much in the setup but in the stoploss. The setup was good but the stoploss huge. The tail it was busy forming at that point (on the 4H) was my reason for interest. The gapdown this morning and the fact that ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Worried — I am a bit worried as it was suppose to have moved at least 25 allready with that type of pullback. I will know the next 10 to 15 minutes.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008GbpUsd trade — This is a high risk trade taken on 4H and 1H rhythm. My 4th trade for the month. The price has moved to below the 89sma on the 4H and then retraced to it and started moving down again. The 1H confirm as well the retsest of the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 29, 2008Rhythm — I was expecting an upmove more than a downmove. Just emphasize the fact that the market must tell you which way to trade. Currently I will wait for the rhythm to show itself. Moving averages getting together.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 28, 2008Waiting — Looks like waiting is the answer. I wont get involve unless the candle pattern confirms the scenario as well. If it breaks to the south I will wait for a entry confirmation at the 89sma. We might see some fast moves depending on the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 28, 2008Gmt+2 — My current time is 22:18 so you can work out your time.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 28, 2008Thanks a lot — That is what I was hoping people will discover. It is not so much the 4Hour system but the overall rhythm,heartbeat and pulse of the market that must be learned. Their is a constant up and down movement and sometimes like now a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 25, 2008100% Correct — Yes. Once again you will have to take the high probability trades if there is still room left to the target. Just have a look at the TC signals on the downmove and you could have made pips by reducing the lot size. When the ...
4 Hour Strategy (MACD)