EurUsd Market Rhythm — The EurUsd market rhythm during this last downmove

4 Hour Strategy (MACD)

Thanks — I remember you posting now and then. Nice to see you visiting from time to time. Yes it is difficult to show new ones to Forex the motion and Rhythm. I found that people that have been trading live or demo for some time when they come ...

4 Hour Strategy (MACD)

Very well done — That is excellent. By doing that you can make some finer observations like how long did it take in minutes to make your profit, minutes it took before it turns against you the times it did not work, what type of setup was it ...

4 Hour Strategy (MACD)

100% — That is exactly what I do. The only thing I add is because the days news yet to come out are allready(most of the time) built into the price. What if the news is the opposit then expected. That normally has a quick sudden reversal. Or ...

4 Hour Strategy (MACD)

Candle emotion — The candle emotion plays an important role especially on the 1H. I like to switch to the 1H and see how that 89sma level on the 4H was approach on the 1H timeframe. According to that I set a plan. Sometimes if the approach ...

4 Hour Strategy (MACD)

Short term strategy — Those demotrades I did today the crash stop is only for if something goes wrong and I would say max 40-50pips. I normally closes that before that so my % risk is far less than 2% making it good for the GbpJpy as I can be ...

4 Hour Strategy (MACD)

Risk Reward — 1. Because of my work conditions and limited internet access I have to set a first TP of 20-30 on 50% and set the remainder on a 20-30 trailing stop to assure profit after the price have moved past my 1st take profit. The ...

4 Hour Strategy (MACD)

Not yet — Hi No that was not my live account. On my live account I use very small size to trade. I have done that to show how important price action is even with the 4H system. then you will know when a trade is really turning against you and ...

4 Hour Strategy (MACD)

Perfect — Thanks. That setup was perfect. I just found that newones start to look for those setups on the 15min rather then seeing the setup on the 4H,1H and then get the entry and final confirmation on 15min. If the rhythm is on it will be in ...

4 Hour Strategy (MACD)

Countertrend Trades on Price action — Here is my trades for today based on price action alone. I did not trade the GbpUsd. I did enter a sell on the GbpUsd but closed it as I was entering at the wrong place for -2 pips. I than decided to stay ...

4 Hour Strategy (MACD)

12:00 4H candle — 12:00 4Hour candle close giving TC

4 Hour Strategy (MACD)

Well done — I was down to the beach so got back a bit late so I missed the GbpUsd TC short signal. The 1st TP was the low of the previous tail and a 25trailing stop on the 2nd. EurUsd did go to top TL as I expected. I still anticipate a ...

4 Hour Strategy (MACD)

Non Experienced — Thanks. It surely shows that you understand priceaction as well. We must just be cautious for the new ones coming in for the first time and are new in forex as well for they are going to try and analyse this trade according ...

4 Hour Strategy (MACD)

Price action — Look how the price action forming some sort of rounding tops when in a downtrend and reaching the 21ema. Look how price action has changed by making a rounded bottom at the 21ema. That green bullish bar was the confirmation of ...

4 Hour Strategy (MACD)

Breakout Trade — As it is a breakout trade I will trade it this way. Wait for a pullback to breakout level then switch to 1H and with a strong bearish 1H candle enter. the worst for me would have been a BE as price ran more than 20pips.

4 Hour Strategy (MACD)

Reason for Posting — The reason for me posting those trades made not with the 4H system was not to show how good I am as I am very far from that. It was to show that understanding each currency rhythm will help you in making decisions. If you ...

4 Hour Strategy (MACD)

Price action — This trades was not done with the 5min strategy. It is a mix of timeframes purely based on price action and some trendlines.

4 Hour Strategy (MACD)

Price action — No. I do with price action and trendlines on 15min chart.

4 Hour Strategy (MACD)

Correct — I also closed a GbpJpy trade(not according to 4H MACD) minutes before the rate announcement and will stay out for the time being.

4 Hour Strategy (MACD)

Trades not done on 4H MACD system — Just to show you the trades done in the last 3 days not according to the 4H MACD system but purely on price action. It takes time, effort and studying market behaviour to be able to trade purely on price ...

4 Hour Strategy (MACD)