Hey david Well i am very new to trading but a trade can be planned by looking at moving averages, trendline and support and resistence lines. For example on the picture below we see we are in a down trend in gbp/jpy. We found strong resistence on ...

4 Hour Strategy (MACD)

What do you think about this one?

james16 Chart Thread

One question. Can this be considered 2 consecutive matching lows? He have an established trend but its a little weird because its friday and monday candle. But the difference is only 0.8 pip. Or am i missing something?

james16 Chart Thread

Hehe tnx for answering. I just find your method very...hmm how should i say...likeable This lower timeframes are still too fast for me. But i will still be looking at your charts and post. Those are some awesome trades. Tnx and good luck

james16 Chart Thread

Hey benji would this be a kind of setup you are usually searching for? : an uptrend, price passed a round number and made a BUOB

james16 Chart Thread

Well i think its worth a try...there is a couple of us interested and i think a chatroom would also bring new people. It would be a great helping and teaching tool so if there are not a lot of problems for seting it up i see only positive things.

4 Hour Strategy (MACD)

Is there anyone who would know how to set up a new one?

4 Hour Strategy (MACD)

What about this eur/jpy? It seems quite a nice TC. How did you trade go andrew? I dont watch that pair?

4 Hour Strategy (MACD)

Awesome! Nice pips

5Min Intraday System

You can watch for round numbers, fibonacci, pivots, previous resistance, rsi, stoch... You cant use everything obviously. Phillip would say backtest it and see what fits you...and he is right.

4 Hour Strategy (MACD)

Everything is possible but i favor a short EUR/USD...1.43 seems too strong. Just look at all the shadows trying to reach and pass it. It was rejected 5 times in 10 days

4 Hour Strategy (MACD)

I hope someone took it

4 Hour Strategy (MACD)

Yeah sorry i meant 1.6700 area...i just have a line at 1.6703. Look at the last 4 bars...all have tails under the 6700 area but all closed above. Plus look at 29 june...a candle went through came back and reversed right under 6700. So it acted as ...

4 Hour Strategy (MACD)

G/U has strong support at 1.6703 so shorting it in my oppionion isnt the best idea. EUR is also in my oppinion in a no trade zone betwen 1.4235 and 1.4200. So yes like nasir said...wait for TC.

4 Hour Strategy (MACD)

Damm i was waiting for a retrace!

EURUSD

I agree...where do you see the macd signal?

4 Hour Strategy (MACD)

I have read first 200 pages and i suggest you also read at least 200 if you have time go through the whole thread. There is alot of information of other traders not just phillip that are very very valuable and you can pick them up while reading. You ...

4 Hour Strategy (MACD)

He left forex factory and he hasnt been posting for 6 months

4 Hour Strategy (MACD)

A round top on eur/usd. Any thoughts?

4 Hour Strategy (MACD)

Welshguy thank you very much for the videos. They are very helpful especially those new to forex like me. Thanks again

4 Hour Strategy (MACD)