Ah ok, that's what threw me off when you mentioned just 4 touches. Thanks for clarifying.

Jacko's Forex House of Pleasure and Pain

It took a while but the breakdown finally came into play, currently +120. Did you ever go short?

YEN takes a big hit?

I'm not seeing a TL on the daily chart with 4 touches, the last at 4500. What are your TL connection dates?

Jacko's Forex House of Pleasure and Pain

Right. The default MACD is not showing you the correct histogram. Good luck in your trading!

The real macd.. not MT4's

The red lines you added appear to identify the fast/slow crosses, which technically are identical in both MACDs. Keep in mind, the blue MA line on the true MACD is exactly the same as the green histogram on the default MACD. When the red & blue MAs ...

The real macd.. not MT4's

I disagree. The criticisms are warranted, it is not just visual, the histograms are different. If you're using a system/EA that relies upon the MACD histogram (which I do), the default MT4 MACD indicator is of no use.

The real macd.. not MT4's

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95% / 5%

Slightly offtopic, but I've found that the NorthFinance mobile MT4 takes forever to login (30-45 seconds minimum). The other mobile MT4 demos login right away.

Mobile trader on HP-iPAQ, windows mobile 5.0

It's much more than that. The default MT4 MACD indicator lacks the fast signal line (instead of showing the fast signal line, it gives you a histogram of it). This is basically excluding half of the indicator itself, and you can no longer see the ...

The real macd.. not MT4's

Looks good, post it up

The real macd.. not MT4's

I don't know if "trading the obvious" is considered an edge, but regardless, it's a huge money maker...

What's your edge?

Here you go. It's not just the looks, the MT4 default MACD indicator actually calculates it differently/incorrectly.

The real macd.. not MT4's

Oanda offers the best rates, closely followed by InteractiveBrokers.

Which broker offers highest swap rates?

PM Twee, all of the other guys have hung up their hats.

$100 to $100K in 1 year...

I wouldn't fret it. There are many on here who manage accounts, are CTAs, or otherwise. You're not actually pitching or selling anything, nor do any of your posts violate any rules. I think you're jumping to conclusions. The mods would certainly ...

$100 to $100K in 1 year...

I went short on UJ after it completed a headfake upside break on the pennant and reversed at the monthly pivot. AJ was a better target short though, that pair just flies..

Aussie Pairs

We got that break of the pennant, stopped at the monthly pivot, and now the retrace back inside. I took a short at pennant re-entry at 107.67, we'll see how this plays out.

YEN takes a big hit?

Also, rumors circulating that the ISM services index was miscalculated and should have been higher. Could help to explain the dollar/carry/equity strength.

YEN takes a big hit?

fwiw, we hit that overhead resistance line on the pennant to the pip and turned back. I think we'll see a headfake break to the topside as well to stop out all the fresh shorts. Look to get short on that retrace.

YEN takes a big hit?

I have the same feeling, but counter-trend trading is dangerous. Just look at EURUSD, judging by the other threads, that ensnared more than a few counter-trenders hoping for a bottom at 1.4500..

Aussie Pairs