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- wuming79 replied Aug 25, 2010
Hi Morelands, Oh. I see. Sorry didn't notice that. I broke even on my last trade....Should have taken 50% off when it's half way down....
4 Hour Strategy (MACD)
- wuming79 replied Aug 24, 2010
Hi Moreland, Same question from before. May I know your Stop Loss level? I just shorted EURUSD at 1.26520. Stop loss 1.26841. Target 1.26050. I used 1hr to enter after the doji after 4hr showed TC. image
4 Hour Strategy (MACD)
- wuming79 replied Aug 24, 2010
wow, great trade there. Target hit. What SL level did you put? High of the tail? Or just 21ma?
4 Hour Strategy (MACD)
- wuming79 replied Aug 14, 2010
Thanks Ira, you reminded me of some technique which I did not follow again. Ok, need to reset my mind for reprogramming.
4 Hour Strategy (MACD)
- wuming79 replied Aug 13, 2010
Hi Ira, I thought the confluence of the 2 ma with AT pattern provided a good countertrend trade.....I was so very wrong....by the way, what is the average number of trades do you get on EURUSD? I seems to always get in the trade when EURUSD already ...
4 Hour Strategy (MACD)
- wuming79 replied Aug 12, 2010
Hi ira, which uploader did you use to upload a chart that clear? I use imageshack and my chart is small.
4 Hour Strategy (MACD)
- wuming79 replied Aug 12, 2010
I just entered long at 1.28653 with AT on EURUSD after EURUSD formed tweezer bottom on 200ma and 365ma. Tp in the middle of 21ma and 8ma. SL at 1.28653. Can someone verify that this is a valid trade? image
4 Hour Strategy (MACD)
- wuming79 replied Jul 20, 2010
Latest update. MACD sHs not failed after TC pattern formed. But EURUSD reversed again with shooting star in the making..... Is this system still working? Or did I miss something else? Should I wait for EURUSD to enter the 21ma and 8ma zone before ...
4 Hour Strategy (MACD)
- wuming79 replied Jul 12, 2010
Guys, the strategy is based on EURUSD. Does other pairs work as well?
4 Hour Strategy (MACD)
- wuming79 replied Jul 8, 2010
I'm being confused by the movement too....When TC pattern occurs, price moved too far. Sometimes I feel 1hr could get better entry before TC happen. Price in 1hr looks like it always bounces off when it went into the 21ma and 8ma zone. image
4 Hour Strategy (MACD)
- wuming79 replied Jul 8, 2010
Hi, Is this is a valid DT pattern? Target between 8ma and 21ma and SL at 1.26050. image Uploaded with ImageShack.us
4 Hour Strategy (MACD)
- wuming79 replied Jul 1, 2010
oh man....is it wrong to take the short when TC formed? 2 tails off 89ma, price closed below 200ma now price rally hard....has the rhythm go crazy and unusable now?? image Uploaded with ImageShack.us
4 Hour Strategy (MACD)
- wuming79 replied Jun 24, 2010
Ok, I entered as ZB....but price went right back up....now MACD is like near flat with mini humps....now what's the correct plan? It might show a few more "ZB" and price might whipsaw here. Do we wait for MACD to show more obvious pattern? Or wait ...
4 Hour Strategy (MACD)
- wuming79 replied Jun 24, 2010
Ok, now it turned below 200 again. MACD now possible TC in another 1hr 15mins time. Wait for pull back to 21 to short? Is that the correct train of thought to trade Philip's system? image Uploaded with ImageShack.us
4 Hour Strategy (MACD)
- wuming79 replied Jun 20, 2010
Wow gap closed in EURUSD with gigantic red candle in just 15mins! image Uploaded with ImageShack.us
4 Hour Strategy (MACD)
- wuming79 replied Jun 18, 2010
Looks like EURUSD is going to form another TC with SMA200 as support. Is TC pattern traceable with price touching EMA8 without pulling back to 21? image
4 Hour Strategy (MACD)
- wuming79 replied Jun 9, 2010
Should we be waiting for the 1hr uptrend line support to break first before we short EURUSD? This uptrend line looks very strong. Even now if is showing bullish harami... image Uploaded with ImageShack.us
4 Hour Strategy (MACD)
- wuming79 replied Jun 9, 2010
Hi, Can we put SL above 21ma instead of the swing high? I remembered reading one of the articles, Phil sometimes put SL around moving averages when the swing points are far. But I'm not sure if this swing point is consider far enough.
4 Hour Strategy (MACD)
- wuming79 replied Jun 8, 2010
hmm....really? The mini flags are working fine until only yesterday. I thought flags trades should not be done in a range. Kind of feel I am trying to be funny with the original 4hr strategy...the feeling got worse when price is squeezing between ...
4 Hour Strategy (MACD)