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Phillip Nel replied Mar 20, 2008Thanks a million. You will only reap pips and blessings for doing this including all the other doing the typing. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 20, 2008GbpUsd trade today — That tail down and the 2 spinners got me interested. The market is slow at the moment so I will monitor the trade. The 200sma will be my cutting losses short. Will go to BE after 20-25pips. The EurUsd had a close below the ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 20, 2008UsdJpy Trendchange Rule — I have done 2005,2007 and 2008 showing the rule that if price was in an up or downtrend that the price at the end of the run closed on the otherside of the 21ema, then pull back to it or to the otherside and then goes ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 20, 2008Part of rules and Rhythm — When price is in an uptrend and it goes below 21 it tends to pull back to it and then may go down to 89. That has been tought from the beginning and so many times. So it is nothing new. Just prove that it works. Even ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 20, 2008Breakout Perfect — Look how it run on the TL before moving away. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 20, 20084H Rhythm Cycle — YOU HAVE TO MASTER THIS RHYTHM CYCLE TO SEE WHAT TO ANTICIPATE
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008Patience — Lets wait for the pair to show what it is doing. Look at No1 and No2 what has happened in the past on a similar situation. The price can bounce right up from the 200 to the 89/21 or it can go through the 200 and pull back and then ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008Todays Trades — I made the right choices today but trailed my stops to close to the price action to really give it a chance to mature and got closed out only for few pips. I havent had much time to trade lately and wanted to pocket some pips. ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008Good trade — You made the right trade. Stop just could have been above 89 but it would have been to much. The pullback to the 89 and that tail on the 1H was the reentry. But to chase the market I dont like either. But see this as a positive ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008Breakout of 3 sisters — I normally trade a breakout of the 3sisters on shorter timeframes but decided to do it on 4H. Here is the trade I did after the 3sisters was formed and the motion and movement was confirmed on shorter timeframe. The 4H ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008The Tail — That tail and the fact that the news of a rate cut indicated a down move more than an upmove. The odds was more in my favour to go short then long and the fact that the tail tested previous support trendline. That was my reasons. In ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 19, 2008EurUsd trade today — I missed the GbpUsd zerobreak 04:00 candle but 89 was to close MACD TC/Zero Bounce short signal. Price went up and test the top TL finding resistance then came down with TC signal Entry1.5701 SL 1.5738 TP 1.5623 and if it ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 18, 2008100% Correct — Exactly as you said it. If you get into a trade and have to go and sleep you must sleep with one eye open watching.
It can do whatever it wants to now. The GbpUsd to me was the one that showed 89sma was the target.4 Hour Strategy (MACD)
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Phillip Nel replied Mar 18, 2008GbpUsd — I could not trade tonight. Only came back now. I would have taken the GbpUsd due to that Tail.
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 18, 2008EurUsd trade today — MACD TC pattern. Morning star off the 8ema. Pullback to breakout level. Enter 1.5774 Stoploss 1.5734 TP 1.5852 Will take 50% after 25pips and set remainder to BE and 25trailing stop. Edit 1 50% closed for +25 Edit 2 ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 18, 2008Remove — Hi I cannot give you a private message as your number of posts looks like prevents it. Before we post an Expert Adviser I would like to test it first as people is going to download it and mess their accounts up with it if it is not ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 16, 2008Interesting — Something for those that do not know that you can set vertical line on a date in the future and say what it is. It helps not to forget important news. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 16, 2008Marbles — You can make yourself a game with the principal of odds. Use 100 marbles. Determine your strategy's give and take by backtesting over 100 trades. Rules must not be broken. Make constant consequent decisions throughout. Mark the ...
4 Hour Strategy (MACD)