Nice one too. The candle after the signal candle open @ 1.9902 and that is entry point if the signal candle is not too big. So mine is also at retracement and entered when the price started coming down. Meanwhile, there are some time when you will ...

4 Hour Strategy (MACD)

Gu Trade (A good example of High Probability TC) — Price closed below 21. Move above it and close below 21 again with TC. A move to 89 is an anticipation. Meanwhile, I don't see it going to 89 in a single move. sell GU @ 1.9908 SL @ 1.9925 ...

4 Hour Strategy (MACD)

Waooooo. 4 pips to my TP1. 365 proved stubborn this time. I closed manually @ 1.9693 and moved other lot to 1.9645. It was stopout with -ve pips. (gain 15 pips and loss 33pips) = -18 pips. I just paid overhead cost. Waiting for anther opportunity.

4 Hour Strategy (MACD)

Gu Trade I took — Does anybody see morning star on GU 4 HR chat????? Yes it is exactly on 200 and 89. The trend look strong so I am expecting the move to continue. enter @ 1.9678 SL @ 1.9622 below 200 and 89 (Though, to high but I will move to ...

4 Hour Strategy (MACD)

Palmer has already explained. Pls go to http://www.fxtradeblog.com to findout how to apply it. I hope this help.

4 Hour Strategy (MACD)

GBPJPY — I don't trade this pair on 4hrs but I just want to show you an example of Palmer BLANNER RUNNER in action. That is if I really understand it. Pls check and see. It will surely happen on EU and GU (our favourites) over and over agaain ...

4 Hour Strategy (MACD)

Thanks again for the confidence. I am always happy anytime I see a trade the way my master and other guru sees the trade. I entered late at @ 1.5427 close 50% @ 1.5464 when the price stucked and set remainder to BE for TP @ 1.5500. Since I will have ...

4 Hour Strategy (MACD)

EU Trade — The tail is sweet just like that of GU of last week. Philip you alway build confidence in us. We should always remember that history repeats itself in forex. We just trust the system, the motion and the emotion.

4 Hour Strategy (MACD)

Since u requested for comments on the chart, I will pass on mine. 1. There is no signal on your chart when u entered the trade according to 4HR MACD system. 2. It is a gamble trade and nothing more. Though the trade worked our for you but it is not ...

4 Hour Strategy (MACD)

GU TC on the way — Let watch GU closely. TC on the way on 00:00hr candle. If it gives TC with that tail emotion on the 89sma which will ofcourse close below 89sma, that is high probalility trade. Philip will be happy if we take this trade. ...

4 Hour Strategy (MACD)

Ira has answered your question and I am sure your backtesting will surely pay you. Meanwhile, when price is over 89EMA or price move through 89EMA it tends to come back to 21 before continue the trend. That is the rule and NOT THAT IT WILL TURN BACK ...

4 Hour Strategy (MACD)

This is not a brag but just to tell u that patient is the key. PLAN YOUR TRADE AND TRADE YOUR PLAN. PLEASE DON'T BE WAITING FOR TRADE CONFIRMATION FROM THIS THREAD. YOU WILL ALWAY FIND THOUSANDS OF REASON TO CHANGE YOUR PLAN. Just look at my trade, ...

4 Hour Strategy (MACD)

USDCHF — Good TC on USDCHF. Price closed with the TC above 89. I think this is the type of trade Philip said he won't even think twice before he takes it. Honest, I took 2lots on this. High probability trade. Enter @ 1.0416 TP1 @ 1.0441 TP2 @ ...

4 Hour Strategy (MACD)

You are right. 200 is close so it makes my R:R bad for me. There is also a trendline which is acting now as a support. If the price retraces to like 1.5700 level, I will take the TC, close part of the position and move the other BE as soon as ...

4 Hour Strategy (MACD)

Purpose of this thread — I think we have to be focused on this thread. This thread is 4HR MACD Strategy which discuss Market Rythm, Price action, S/R etc in relation to the MA'S. We also have set of rules to follow and confirm from MACD before ...

4 Hour Strategy (MACD)

This is not very strange to me at all. I guess you are using ver 103 of MACD. I had lost few good trade as a result of that before I realised the cause. What I do is to switch to other time frame probably switch to 1hr and switch back to 4hr to ...

4 Hour Strategy (MACD)

I think what fena74 is asking has to do with time frame. This strategy is base on 4HR so fena74 has to be in 4HR time frame OK. Though, the strategy work also in other time frame but you will see different trend at different time frame. So if we are ...

4 Hour Strategy (MACD)

GU and EU — Hi all I am sorry I won't be able to post chart. My server is down in the office and I have rush and fix it. Divergence on GU but resting on 200 right as a support. Evening star on EU but also resting on trendline as a support ...

4 Hour Strategy (MACD)

Philip: Could you please clearify point No 2 on the image.

4 Hour Strategy (MACD)

May the soul of the victim of earthquake rest in peace and I wish those injured quick recover. My prayer will be with them. Amen. And to bshadroo. I pray that God will continue to protect and guide you. God will also continue to guide and protect ...

4 Hour Strategy (MACD)