Welcome Back!!!! — Glad to see you back. Looking forward to your posts.

4 Hour Strategy (MACD)

Well done — You are seeing the rythm around the 8ema. Three small candles making lower highs finding resistance against the 8ema is a high probability trade with stoploss simetimes very small. I took the GbpUsd short at 12:00-16:00 candle at ...

4 Hour Strategy (MACD)

Engulfing candle — You can take the odds on with an engulfing candle like that but then it is on price action alone. I would enter 2 positions and close half after 20pips and set the other half at -20 for a breakeven should it turns against ...

4 Hour Strategy (MACD)

Divergence — When the MCD is making 3lower highs(3sisters) and there is divergence one can take the odds on especially if it is at support or resistance levels

4 Hour Strategy (MACD)

Away — I could not trade on Friday. Was away on a youth camp. Friday had some oppertunities on EurUsd and GbpUsd. Stops around 50 but could be scaled down in 2 phases of say 30 and 50 giving an average of 40.

4 Hour Strategy (MACD)

Good signal — Hi Mike. That was a good signal. If you took it the next candle was the crucial one as for a break of a trrendline the candle next to the signal candle is the indicative one. That must confirm the breakout. If not then it is best ...

4 Hour Strategy (MACD)

Chinese — No problem. Hope you make lots of pips.

4 Hour Strategy (MACD)

Screenshot — Hi I am using screenshot and then use Windows paint to add text. I dont think you can put paragraphs on Mt4. I will have a look and post something if I found something.

4 Hour Strategy (MACD)

Daily wrapup — Trades for August 4Aug +32pips Post 16469 8 Aug +52,5 Post 16532 14Aug +57 Post 16611 21Aug +160 Post 16711 26Aug +82,5 Post 16757 Total 383 pips 5 Trades for the month so far. The one for +160 was off support of the trendline ...

4 Hour Strategy (MACD)

Thanks — Thanks Palmer. Will keep an eye on that. Phillip

4 Hour Strategy (MACD)

Todays Euro trade — Info

4 Hour Strategy (MACD)

Yesterdays trade — Here are yesterdays trade. Still in it with both positions.

4 Hour Strategy (MACD)

No trade signal — Price went through the 21ema then pulled back to it then did not give a bullish candle so no trade for me. I am long currently on a shortterm strategy and will treat it as a 4H trade if it goes up as we had a tripple bottom ...

4 Hour Strategy (MACD)

Tweezer bottom — Those 2 tails(tweezer bottom) on the support line that was tested for the second time after such a downmove was the answer for a high probability trade. The daily also had a inverted hammer. It was about taking the odds on.

4 Hour Strategy (MACD)

Support — I have posted graphs yesterday showing the support levels and the possible retest of the support level as discussed in the Mp3. Post 16635

4 Hour Strategy (MACD)

Very well done — Yes. A double bottom on the price with a sHs on the Macd (including divergence)with a spinner/doji it was a high probability trade to the 21ema. I said that it will probably try to retest support and forms a higher low which ...

4 Hour Strategy (MACD)

Something on Rhythm — Just to proof that the Market Rhythm is also working on Stocks.

4 Hour Strategy (MACD)

Welcome Back — Hi. Welcome back. Hope you catch up with all there is to catch up. Hope you make lots of pips.

4 Hour Strategy (MACD)

Absolutely — Patience is born out of discipline.

4 Hour Strategy (MACD)

I gave it a thought — I really gave it a thought to put it in a book format but after the last 2 months I saw people falling off because of a lack of discipline and not waiting and trading the high probability setups. It looks like the ...

4 Hour Strategy (MACD)