Yes, but remember that RB trades are countertrend/move trades and have a higher risk as TC,ZB and BOZ. Money management is very important on a RB/RT trade. Just be very cautious when trading RT/RB

4 Hour Strategy (MACD)

Price action — That is entering on price action and Fib retracements which is fine for the experienced trader but for the newby difficult to spot. That is why the MACD is part of the system that if it support the price action with certain ...

4 Hour Strategy (MACD)

08:00 Candle — Nothing on EurUsd and GbpUsd. Might have reach a point for some retracement.

4 Hour Strategy (MACD)

Hard work — You can give an expert a weak system and he will still manage something out of it, or you can give a good system to a nonexpert and he will ruin it. It all depends on the person if he wants to make it works. If it works for you I ...

4 Hour Strategy (MACD)

Backtesting — The answer is in the backtesting. When doing backtesting to see if the system works you dont take news into account. So that means that for the system to work it means that it must supports news. Therefore I only stay away from ...

4 Hour Strategy (MACD)

21Ema — Hi. The 21ema was also broken and that made me look if there was some sort of supp lower down and then I saw that Supp line. Therefore I was waiting for a pullback to the TL and not the 21ema(as it pulled back to 21ema as well)

4 Hour Strategy (MACD)

Good — Good anticipation. The 365 I felt was not going to be of importance as there was some other supp and res lines and MA's closeby. It worked out for me.

4 Hour Strategy (MACD)

My view — Have a look at the trendlines drawn to represent the rhythm and see why a short was not on. a Long after the pullback was the deal

4 Hour Strategy (MACD)

EurUsd — EurUsd pulled back to breakout level and then move down with nice bearish candle and TC on 1H. Typical of the rhythm that was taught. A bit advanced but it was there. Target reached(closest low as target). +30pip

4 Hour Strategy (MACD)

Absolutely — 2 Lower highs with tails off the 21ema and a TC for a short. It was bedtime so I was in dreamland then but it was begging to be taken. Well done

4 Hour Strategy (MACD)

GbpUsd — 50% Retracement trade off the 8ema

4 Hour Strategy (MACD)

GbpUsd — If I was'nt in the EurUsd trade I would have done this one. (Closed EurUsd at 1.5574 for Average gain of (20+50)/2 = +35). Look at the emotion involved with the graph. It is begging to be traded. Edit 1 +25 allready so BE was worst ...

4 Hour Strategy (MACD)

Breakeven — With a tail like that I expected the price to move much quicker to at least 25-30pips gain. When it stayed between 1.5500 and 1.5520 for some time I decided to close 50% after 15-20pips. Price has retraced but I still favour the ...

4 Hour Strategy (MACD)

As long as the ideas tap into and align itself with the rhythm of the market as set out in this system as price moves in correlation with the moving averages then it is fine. The moment it deviates from that then it is no longer the system as ...

4 Hour Strategy (MACD)

100% Correct — You have the concept absolutely correct. If you miss a trade by a few minutes and it ran so that your stoploss is to big you can switch to lower timeframe to time a better entry then just blindly going in. It takes some ...

4 Hour Strategy (MACD)

Yes — Agree. But if the guy walking in front is constantly looking backwards with fear in his eyes I will wait till he looks in front again and if he decides to look back again I am not goint to be there anymore.

4 Hour Strategy (MACD)

12:00 Candle — EurUsd I have to believe in the system. That tail tells me the odds may be good. Stoploss I have set 33 pips down as I believe the tail has done the damage. The reason for the trade is I like trading tails at the right place. ...

4 Hour Strategy (MACD)

Retracement entry and 1H early entry — The Retracement entry like today on GbpUsd if the price went down more than 15-20 pips I will not look for a retracement anymore. It has to retrace very short after the previouse candle close. The early ...

4 Hour Strategy (MACD)

Beach — I am going to the beach. Will be back for the 12:00 candle.

4 Hour Strategy (MACD)

I set it at 63 which is 30 above entry price and enough above the previouse 2 candle highs. I enterd on a retacement

4 Hour Strategy (MACD)