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Phillip Nel replied Jul 3, 2008Thanks — Thanks for this writing. I found that people new to Forex have difficulty in flowing and seeing the rhythm and want to trade to often. Those that have lost an account or even more than one account and learned the hard way found this ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 2, 2008100 Trades since Oct2007 — I have done my 100th trade since posting it from Oct2007. Only 9 losses
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 2, 2008One of the few — This was one of the few TC's that got stopped out. I mentioned it as well on the mp3 that I was lucky and only looked at the 8:-12:00 candle due to working matters therefore I entered later.
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 2, 2008EurUsd trade today — Entered long after a tail indicating a short trade failed and has been turned around by an engulfing strong bullish candle. Enter at 1.5852 SL 1.5821 TP 1.5985 Will close 50% after 25pips gain and set remainder at BE Edit ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 2, 2008EurUsd trade today — Taking the tail on from resistance ±1.5840 Will close 50% after +20pips and set remainder on -20pips and set remainder on 45 trailing stop Edit 1 I was very surpriced when I had a look again just before the 12:00-16:00 ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 1, 2008Thought — I will not say I failed 1000 times, I will rather say I discovered a 1000 ways that can cause failure. Thomas Edison
4 Hour Strategy (MACD)
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Phillip Nel replied Jul 1, 2008EurUsd trade today — TC together with a tail formed from support on TL after a breakout to the top. The speed the tail was formed was a concern as the last stretch to candle close was slow. The candle formation prior to the signal candle looks ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 30, 2008Trades for June2008 — My trades for June2008.
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 26, 2008Daily wrapup — Read this together with post 15746
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 26, 2008EurUsd trade today — Will give Mp3 tonight Edit 1 Closed 50% after 25pips. Set remainder at BE and 50trailingstop. Edit 2 Top TL reached. Close remainder at 1.5750 Total gain (25+63)/2 = 44
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 25, 2008Welcome back — Welcome back. Hope all is well and may the pips fill your account.
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 25, 2008News Trading 1min — Trading the news with 1min. It was a pullback to 8ema when I entered. The 4H motion and Rhythm on Eur and Gbp was indicating a breakout move to the top that is why I wanted to get on board earlier today and was hoping to ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 25, 2008To take a position — It just means to take a position sometimes not on MACD but purely on rhyhtm to be part of a move should it happens. When in a triangle for instant and towards the end of the triangle and the odds are good that it might ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 25, 2008Thanks — I was aware of it all. My purpose with the position was to be with it should it break upwards past the TL.
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 25, 2008GbpUsd — This is a positional trade based on that tail and TC for a possible breakout to the top if it occur. Will post full details tonight. This is a high risk trade Entered at 1.9719 SL 1.9690 1st TP at top TL 1.9745 Closed 50% after 20 ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 24, 2008Live testing — This is the same account I have posted a few pages back where I am busy with some live demo testing a combination of systems. Look at the bad period. All systems will go through that. In your testing period you must also ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 24, 2008Possible deals this month — Here is the deals that was on this month. Some of them had large signal candle making R:R bad and others were on support or resistance lines. Only 2 tail trades were really on to take. If you took any other deals on ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jun 24, 2008Excellent — This is what it is all about. If you have backtested the system applying certain constant acts(rules) and it gives possitive pips you have to believe the backtesting results and then do forward live demo testing till you are ...
4 Hour Strategy (MACD)