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Phillip Nel replied May 26, 2008Wow — That is very strange because it shows on my Interbank platform as well.
4 Hour Strategy (MACD)
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Phillip Nel replied May 26, 2008Backtesting — Backtesting is the answer. If it proves to be profitable then you have a high probability trade each time it crosses zero. But you can have 3-4 wrong in a row where with TC you hardly get 2 wrong in a row. If you only use 2% of ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 26, 2008UsdCad — I dont trade other pairs but I scrolled through the pairs and saw this beautiful rhythm executed to the letter. Pullbacks to the 21ema and then the close above the 21ema, pulled back to it and a move away to a possible 89sma. You dont ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 26, 2008Info — It could mean that the current directional move is running out of steam and or is taking a breather.
4 Hour Strategy (MACD)
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Phillip Nel replied May 26, 2008Thanks — Just come home from work(did the deal at work) and open my home MT4 and there it is. HOLIDAY. I totally forgot about it. Well I am in the deal and all my backtesting was done not even knowing when is it holiday and not so I will stay ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 26, 2008EurUsd — TC on MACD with bullish candle Lower high only concern. Will take some profit after 20pips Edit Just come home from work(did the deal at work) and open my home MT4 and there it is. HOLIDAY. I totally forgot about it. Well I am in the ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 25, 2008Holiday Wrapup — Nice to be back live again with mp3
4 Hour Strategy (MACD)
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Phillip Nel replied May 25, 2008Looks fine — Hi I have just downloaded it. Looks fine. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008Thanks — Yes that would have been much better. I was so relieved that it actually brought some profit that I trailed by a fixed amount. Have a great weekend
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008Time — That will come over time. When you start to have confidence in your strategy and know it produces pips you will let it breath some more.
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008Thanks — Thanks and welcome back. I have never left a position open over the weekend. News might turn the price with a gap and then your stoploss becomes a placed order being filled at market if it gets in. I will rather reopen with the same ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008Thanks — Now I will watch even closer.
Got to BE after 15pip move.
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008EurUsd Trade — I know it is Friday afternoon late but I am going to believe the system. EurUsd gave TC after a red hammer off the 21ema. Entered 1.5758 SL 1.8718 TP 1.5856 but I will watch the closeby high at 1.5811. Will tighten stop around ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008GbpUsd trade today — Here is my GbpUsd trade for the day as discussed in this morning 08:00 message. Waited for the price to go above the 20:00 candle high. 1H did give ZB and not TC which is still fine. The previouse candle was a doji with a ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 2008Good signal — That is a very good TC signal. twice the 21ema was tested with those tails. Good TP target as well. Lets see how it works out.
4 Hour Strategy (MACD)
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Phillip Nel replied May 23, 200808:00 Candle — EurUsd Has 2 possibilities. Wait for some more confirmation on MACD and price action Edit We had a quick downmove to 21ema. Now we will have to wait for price to show what it wants to do. GbpUsd 2 Possibilities but the market ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 22, 2008At Home — There is nothing like your own home. Finally arrived from holiday. Has spend the last 2 nights with my children. GbpUsd gave a TC on 4H with a beautiful TC on 1H as well. Even if you waited till 4H candle close that tail both on 1H ...
4 Hour Strategy (MACD)
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Phillip Nel replied May 22, 200808:00 Candle — EurUsd Evening star on EurUsd. If price goes below 8ema the chance is good that it will go to the 21ema. Possible 15-20pips to be made there on shorter timeframe. GbpUsd Support on 200sma. Wait for TC.
4 Hour Strategy (MACD)
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Phillip Nel replied May 21, 200808:00 Candle — Sorry for being late. Picked up some flue. GbpUsd have moved between 200 and 89. Watch 89 at 1.9600 for poss. TC EurUsd It might ignore the 200 as the upper TL is now the main. The 21ema is the next target for a poss. TC if TC ...
4 Hour Strategy (MACD)