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Phillip Nel replied Feb 4, 2008TC — Yes. That is a TC that formed with that tail upwards. Could be worth the risk if you are allready positive for the month. Triangle it is in could be a problem. If I take it, it will be for a positioning for a breakout to the bottom. ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 31, 2008Market to uncertain — To those that stayed out, well done. Market to unstable at the moment. Will wait for clear motion and rhythm.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 30, 2008Rules and/or Rhythm Lesson — I am currently working on a lesson that will put the Rules and the Rhythm more visual. Will post it over the weekend.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 29, 2008Thanks — I took purely on MACD TC as well as the 200sma support which is very strong most of the time. It can still go up from here as it tested the 21ema again. Will give it chance to show its emotion.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 29, 2008GbpUsd trade today — Gbp break of trendline with pullback to breakout level with a TC away from 8ema off the 200sma. They don’t come better than this. I expect a strong move. I was rightly pointed out not to expect anything from the market. ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 28, 2008Out of 10 trades — Lets say there is 10 setups coming in a row looking exactly like the one today with resistance against the 200sma on 4 candles and the 5th one making a stophunt tail like that and you take all ten you will be right at least ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 28, 2008Good — If you allready have pips in the bank with a portion closed you can make your trailing stop larger before news as to combat the more volatility as long as the trailing stop does not give you a negative. I have largen my trailing stop as ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 28, 2008My 2 trades today — Very well done to those that took the trades today.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 26, 2008Not according to 4H strategy — shorted usdjpy @ the 4H 89 EMA, up now 100 pips. Post by Mike_dg(Post 10749) I have responded and PM to this situation. The trade by Mike was clearly not according to the 4H MACD strategy. If it was entered ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 25, 2008100% — Very well done. The 1H seems to find resistance at ±1.4775 and a down move was a high probability trade.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 25, 2008EurUsd Trade this Morning — All according to the rhythm. When price go through 89sma it might pull back to 8 or 21ema but in this case the 21 was still below the 89 so the 8 and the 89 was the support levels.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 24, 2008My Pleasure — As long as you benifit I amhappy. If you have been trading for some time you will enjoy this system/strategy. Many pips to you in the future
4 Hour Strategy (MACD)