- Search Energy EXCH
-
Phillip Nel replied Jun 11, 2008Tail — Yes. I dont trade counter move(trend) trades but that tail from support will allways be a 9/10 correct situation.
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 11, 2008GbpUsd trade today — My 2nd trade for June2008 on the MACD system. The longest wait I had that I can remember. 12:00 Candle had a tail formed from bottom TL. The motion as well as looks was indicating a high probability trade. Nice RB was ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 9, 2008Todays Euro plan — Using the rhythm rules of the 4H MACD to get involve with a shortterm strategy within a safe zone with a high probability. Inset Please dont discuss the safe zones on this 4H thread. I only posted it to give you people an ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 9, 2008Against strong trend — Hi I also did not take the tail on due to the strength of the upmove. I love tails but decided to stay out. Rather got involve with shortterm strategy.
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 6, 2008NFP — The only reason I did not take it was the NFP news. If ir was the 04:00 to 08:00 candle I would have taken it. Luckily it was the right decision. Looks like we will have some direction at last. Hope next week brings lots of pips
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 4, 2008Hi — Just to say Hi. I do read the 5min so I am glad to see so many pips flowing. As Golfer said today was a bad day for this strategy as there was no clear direction. It is a day for 2 to 5 pip trades only. Tommorrow might see some movement ...
5Min Intraday System
-
Phillip Nel replied Jun 4, 2008Brilliant — That was a brilliant observation. A higher low showing some slowdown. Well done
5Min Intraday System
-
Phillip Nel replied Jun 4, 2008Daily wrapup — Info Edit If there is enough room after the signal candle to the bottom of the consolidation to make R:R >=1 then you can take the odds on.
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 4, 2008Thanks a lot — I still want to thank you for that number crunching you did with all the tables. Surely is some handy info to have. Helps to make up your mind and work a strategy with stats that has been tested. Might not be 100% but they are ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 3, 2008GbpUsd — Took the tail on 50% close after 20pips and remainder set to -20pips Hi Just got home by bus. Have very little time to post at 16:00 as I am taking a bus home so did not post chart then. Will it add now. I took the signal 2-3min ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 2, 200889Sma Daily — Mine is at 1.5412 so plenty of space.
4 Hour Strategy (MACD)
-
Phillip Nel replied Jun 2, 2008EurUsd — Will close 50% after 25pips and set remainder to -25 Stoploss Network very slow Edit Just got home from work. 50% closed for +25pips and remainder closed for -25pips Total gain ZERO. I had that feeling that we might see a pullback ...
4 Hour Strategy (MACD)
-
Phillip Nel replied May 30, 2008High Probability trade — That is taking the odds on and the odds should be in your favour. You should score with this one.
4 Hour Strategy (MACD)
-
Phillip Nel replied May 28, 2008Candle body — I set it above the signal candle body ignoring the tail
4 Hour Strategy (MACD)
-
Phillip Nel replied May 28, 2008EurUsd trade today — Another rule being satisfied. Break down through 21ema, pulled back to above it and closed below with that tail driven by news. The only factor was will the 200sma or that bottom trendline or the 89sma be the target. Plan ...
4 Hour Strategy (MACD)
-
Phillip Nel replied May 27, 2008Well done — I could not have done it better. No matter what the price is going to do you have analised it in all directions and whatever oppertunity it is going to give will be taken depending on the price level for entry to your supp/res for ...
4 Hour Strategy (MACD)
-
Phillip Nel replied May 27, 2008Allready moved — Remember that the 4H MACD allready gave a TC so you must realise that you are entering late. Thos doji's also were alarming allthough the direction was long. For me the entry was to late. But you can manage a late entry by ...
4 Hour Strategy (MACD)
-
Phillip Nel replied May 27, 2008Thanks — Thanks. Will check it out for use in the future.
4 Hour Strategy (MACD)
-
Phillip Nel replied May 27, 20084H System — Nothing wrong with the trade according to the 4H system. If it were on the EurUsd ot GbpUsd I would take it. One have to accept that you are going to get those losses as well. But on TC patterns they dont come regular.
4 Hour Strategy (MACD)