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- wuming79 replied Jun 8, 2010
Hi xeneric,Yes, you got my question right. I did look at the candles. Got short when it broke the mini flags down. I didn't take the 50pips profit and let it come back to breakeven. But now the price is ranging on 1.19. Price did retraced to 21 but ...
4 Hour Strategy (MACD)
- wuming79 replied Jun 8, 2010
Hi Guys, I have a question on trading TC pattern in EURUSD now. If MACD has reach as far as -45, and it is what it is as shown below, even if the MACD turn red, can we take this TC trade? 1.19 looks like a very strong support level. The last bearish ...
4 Hour Strategy (MACD)
- wuming79 replied May 31, 2010
The MACD is so flat, sometimes I don't know if a BOZ happened or not...but the trendline break is quite obvious. How reliable is trading off trend line break so far? Any one has statistics?
4 Hour Strategy (MACD)
- wuming79 replied May 31, 2010
image Hmm...how do you trade this MACD pattern? Can't really if it is BOZ or if it just cut through...
4 Hour Strategy (MACD)
- wuming79 replied May 20, 2010
David, what do you know when 89 is downtrend, 8 is above 21? Do you still short? EU shorting and longing is like of equal chance now.
4 Hour Strategy (MACD)
- wuming79 replied May 20, 2010
Oh I mean I couldn't figure out the direction. But you answered my question. Thanks.
4 Hour Strategy (MACD)
- wuming79 replied May 20, 2010
Is it Long on TC pattern? I kept looking at it as ZB...
4 Hour Strategy (MACD)
- wuming79 replied May 19, 2010
Hi David, I totally agree with you...I didn't not put SL as far as 21ma in 4hr. I reduce my risk to the previous swing highs. So everytime when EU have big retracements, I could figure if it is time to long or short....Any suggestions on ...
4 Hour Strategy (MACD)
- wuming79 replied May 18, 2010
AlwaysLearn, are you using the full version or the Basic version from ScoreBot? Is EA really workable?
4 Hour Strategy (MACD)
- wuming79 replied May 14, 2010
Oh man...do you guys think EURUSD will be gone? If it is gone, can the system still works well in other pairs? I was just getting used to the rhythm in EURUSD....
4 Hour Strategy (MACD)
- wuming79 replied May 13, 2010
Hi Ash, so you waited for the candle to end on 1hr before taking the trade or after candle ended, wait for retracement in even lower time frame? I entered short at 15 min after it broke uptrend line. But I'm breaking the rules again. I don;t have a ...
4 Hour Strategy (MACD)
- wuming79 replied May 12, 2010
Hi, could you give a link to Craig Harrison's forum? I can;t find him using the search.
4 Hour Strategy (MACD)
- wuming79 replied May 12, 2010
MACD 4hr still up. Possible inverted sHs formation?
4 Hour Strategy (MACD)
- wuming79 replied May 11, 2010
Cant the 4hr MACD be considered as HL after a BOZ? I always thought Philips HL or LH pattern will break after MACD cross zero line.
4 Hour Strategy (MACD)
- wuming79 replied May 10, 2010
Is the 1hr's 89ma, 200ma and 365ma suppose to work like 4hr? EURUSD 1hr with shooting star works perfectly here + RT.
4 Hour Strategy (MACD)
- wuming79 replied May 10, 2010
Oh man....I didn;t check GBP....looks like it reacts well with the system too.
4 Hour Strategy (MACD)
- wuming79 replied May 10, 2010
Nope, 1hr got no pullback to 21. Or are you looking for TC on 8ma? 4hr momentum in MACD is very strong. I think it will take some time for it to turn...
4 Hour Strategy (MACD)