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Phillip Nel replied Jan 22, 20083 Trades — At the time I was only able to trade after 16:00 GMT+1 so I restricted myself to only 3trades. It more about not being greedy and if you have a bad day that it does not eat into your account. Just some money management to stay in ...
5Min Intraday System
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Phillip Nel replied Jan 21, 2008My pleasure — It has all been a pleasure in giving what I know to others. I have learned as well from people on this thread. Thanks to everybody Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 21, 2008Thanks — Cannot believe that 1year is gone. Never had an idea that after 1year this will still be going on. Hope this year make a lot more people happy and help them to become more skilled as traders. Thanks to everyone that has contributed to ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 20, 2008The week to come — Be carefull and have patience.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 17, 2008Rhythm — Hi I use to trade stocks off the 21ema and 89sma according to rhythm. I was however looking for something that would give signals around that same rhythm to help people pulling the trigger and at least give them some sort of success ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 17, 2008Back to square 1 — Hi My limited internet access at work has been suspended so now I am back to trading only after 16:00 candle close.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 16, 2008News driven — UsdJpy trade today. (See post 10463 for the trade) The morning star from bottom TL support was my confirmation(MACD agressive turnaround) and the news for the day as well as the emtional triangle on EurUsd made me believe that a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 16, 2008UsdJpy trade today — I did not take the EurUsd trade even that it made a triangle with a flat bottom indicating a possible downmove. I liked the Morning star on the Usdjpy and set my stoploss to max 47pips(only what I am prepared to risk max). ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 15, 2008Good — I also made a couple on this last run.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 15, 2008Surroundings — Could be that 1pip turned it green. The main focus should still be on the surroundings. Support/resistance lines. Major price leves etc. Today EurUsd was a difficult one. News was bad and it went up and then down like a rocket. ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 14, 2008Well done — Well done. I was watching that setup as well but was allready in a 4Hour deal so could not get involved.
5Min Intraday System
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Phillip Nel replied Jan 14, 2008GbpUsd trade today — I have moved my stoploss to 1.9585 due to the 5min triangle that has been forming since 14:00. If the price is going to break out to the top I want to take my profit. If it goes south then I will smile. It is about to show ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 14, 2008Retracement Entry — Hi Just make sure you manage it well and get to BE within 20-30pips as you are entering when the price is actually running the other way.
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 14, 2008Hi — Hi Although not many people are participating here it does not mean that the strategy is not effective anymore. It takes a lot of discipline and patience. Some days no trades on certain pairs so it really takes patience. If you can master ...
5Min Intraday System
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Phillip Nel replied Jan 14, 2008GbpUsd trade today — GbpUsd 18:00 Entered short on Evening star from the 21ema. MACD on zero to form zero break. Entered No1 on 50% retrace at 1.9600 Entered No2 on 1.9582 Edit 1 Took 50% profit at 1.9575 and set stoploss at 1.9607 for a BE if ...
4 Hour Strategy (MACD)
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Phillip Nel replied Jan 14, 20082 Minilots — I allways enter 2 minilots at the same price(or close to same price) and then manage each lot seperately as I cannot watch my trades live. I can only look now and then therefore I like taking profit after 20-30 pips on 50% and ...
4 Hour Strategy (MACD)