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Phillip Nel replied Sep 24, 2008Meeting — Luckily I had an appointment because I think I might have taken it. The pullback from the 364Ema was strong but this TC signal was all valid if you look at the total movement back up from 11/09/2008. The only concern was that the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 24, 2008Yes or No — The question I am asking for myself is how was the rhythm prior to the signal candle. I think it speaks for itself. For me a NO GO!!!!! Resistance just above the signal candle as well. It might go to the upside due to the sort of ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 24, 2008Target — By letting a +150 profit go to a -50 loss it means no target planning was made before the position was open. Someone can have 20trades open and be +2000 pips but have nothing gained as long as the trades are still open. He can not ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 22, 2008Trades on GbpUsd — The Target area was known after the second high was made. The green circles is where I would have made my trades. The last 2 trades I would have stayed in as long as possible to see if there was going to be a breakout. I ...
5Min Intraday System
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Phillip Nel replied Sep 22, 2008Red Arrows — Just showing that the momentum is slowing down so not good trading.
5Min Intraday System
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Phillip Nel replied Sep 22, 2008Shortterm — That is where a solid shortterm strategy must be applied. Sometimes the moves are steady but huge and that is where a shortterm strategy will keep you in the pips.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 21, 2008Info — Both signals can be BOZ but I have put the first one as TC because of it found support on the MACD zero for more than one bar, but dont stress over it. Both can be seen as BOZ(Bounce off zero)
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 21, 2008MACD Confirm — Up to now the MACD has moved with the news most of the time so I dont really wait for news accept when there is up and down moves and activity we had the last week or so. I will watch the news for any counter news/moves and then ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 18, 2008Thanks — I will practice it. Thanks for all you posts as well.

4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Floating — Yes. The only way to survive a tsunami is to be out on your boat floating on the sea and let it passes right underneath you. To be on land and think you have your feet on solid ground is disaster. Moral of the story. Float till it ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Waiting — Yes. Waiting to see what it is going to do around the MA's Edit But with the interest rates not cut I expected a weakening $. How far I dont know.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Nice Rhythm — Yes. There was nice rhythm till last week but as you said to huge stoplosses. Shortterm strategies did very well.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Crazy — It is crazy times at present. It looks like most systems are experiencing problems except intraday short term strategies. Lets hope it will be over soon and back to nice flows again.
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Correct Decision?????? — I think inbetween somewhere I will be able to make the correct decision, anticipation, prediction, guess, presumption, speculation, theory, gossip, and at the end of the day a very well informed calculated ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 17, 2008Watchout — This time it worked out. Watch the post I just did and the reasons why I did not take it. It is just my way of filtering potential wrong deals. Edit Just had a look at your trendlines. 100% Drawn and that helped you to make a ...
5Min Intraday System