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Phillip Nel replied Dec 17, 2007Stoploss Spread — How to decrease your stoploss on a huge candle by spreading the risk.
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 17, 2007GbpUsd — Trendlines of past plays a roll even today. Red trendline bottom from Dec2005
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 17, 2007Minimize the loss — We all want to make pips. The secret to stay in the long run is to have a good system and to manage the loss on every trade and the pips will come. As you progress the more risky trades will come as you climb higher and not ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 17, 2007Good — Thanks and may you make a lot of pips in the future
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 17, 2007EurUsd — It is a holiday today so I can trade live today. Why did I decided to go for the breakout south. The breakout last week was major. You dont see EurUsd going 200pips without reason and the reason was short therefore I was favouring a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 16, 2007Re: — Hi They only show more or less the overbought oversold status of the currency. They can differ from currency to currency as for the GbpJpy they will be much more spaced. Look at history and see where the oversold turnaround areas is more ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 14, 2007Huge bars — Both my trades(and a lot others) were off the 1H confirmation so my stops were less than 50 what my maximum is. The fact that I anticipated the downmove made it possible to recognise the 1H confirmation. When you chase big moves ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 14, 2007Thanks — For me that cannot watch trades live that is something to celebrate. I was lucky that I could monitor todays trade more often. May the rest of the month be +pips.
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 14, 2007Todays EurUsd trade — See post 9488 for the chart as posted by Fari. Thanks to him for doing it for me. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 13, 2007Fear — I know how you feel. It is not easy to pull the trigger after 4 losses in a row. If it was because of emotion and or not sticking to the rules, rectify it and do the next 3 trades according to the rules. The last 2 weeks was difficult. ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 13, 2007Fib — I had a Fib drawn but I gave the remainder a chnce for a retrace till 1.4610 which was closed so I am out totally for 48 gain on average. (20 on 50% and 76 on rest) That is a 161.8% Fib level
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 13, 2007Very good — I am interested to see if 200 is going to becom resistance. It went back and test it. If it moves now it will GOOOOO!!! Edit. My goodness. After I typed this it did move away from 200. It must go now.
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 13, 2007EurUsd trade today — I got the e-mail to Fari a bit late so he might have missed it. Here it is. I did not enter on the first MACD short signal due to the fact that the candle was still small and a breakout to the top above 89 was a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 12, 2007Very good — Yes, I am no Elliot man myself so cant really say. All I know is there is a lot of emotion out there. Tsunami time.
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 12, 2007Thinking — When my wife is thinking it allways means trouble. I think we must do this and do that.(clean the garage, plant some flowers etc) or I was thinking.................., then I now, here it comes. My jobcard at work sometimes is much ...
4 Hour Strategy (MACD)
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Phillip Nel replied Dec 12, 2007Watching it — Hi I am watching it as well. I just dont like the previuos candle. My 15min timeframe does not suggest a move beyond 1.4720 so I am stuck at the moment even to enter on a shorter TF and let it go to see if it will go to 89sma on ...
4 Hour Strategy (MACD)