- Search Energy EXCH
-
Phillip Nel replied Nov 29, 2007No Problem — The 1H was a way to get in on a retrace using MACD as well as candle emotion but then you need some experience based on history and confidence based on trades done on the 1H. The 4H might still work out but the risk is not worth ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 29, 2007Possible Long EurUsd — Still 3 hours to go on my platform but on InterbankFx there could be a long signal. The only problem is that the market has allready gave a signal today of over 70pips. The current candle is over 40pips. Not for me. I ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 29, 2007Yes and No — Eric What an answerfrom me. It is the weighting that I give at that specific setup. I give 75% weighting to MACD TC on 1H together with 4H TC. I use the 4H MA's to determine TP and so on
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 29, 2007Have not seen that — I have not seen that. If you use other indicators other than the MACD and Moving Averages you might get that distortion and then it is better to have a chart on one screen. Thanks for making us attend to that. Phillip
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 28, 2007My Screen — I have not shown you people how my screen looks like. This is all I have on my screen. If you look at to many pairs you miss oppertunities. Look how the 1H supported the 4H confirming the move on the GbpUsd The UsdJpy has also ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 28, 2007Well done — My pleasure. i can see you enjoy it.
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 28, 2007GbpUsd — Entry 2.0723 (Zero break as well as bounce off 89sma with tail on signal candle) Stoploss 2.0685(Just below 8ema. I feel that with that tail the emotion is up therefore I havent put my stoploss below the candle low as the SL is to big ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 27, 2007Thanks — Thanks to you and all who is doing the typing. Phillip
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 27, 2007Good — I like the way you apply patience. The market might come down to the 200sma as the previous 2 bars has tails to the top on my platform, but I agree that the emotion is to unstable at the moment. Shorter timeframe strategies has given ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 27, 2007Stoploss — It was under the previous candle and on the 21ema
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 26, 2007TC — Have a look at this chart and see the MACD motion and the price off the 200 and the 8ema. The bar does not really have to be red. There just have to be some confirmation beforehand. Pullback to the 200 before moving off the 200 finding ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 26, 2007Think alike — Nice to see I think like you too. May this one run. Good luck
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 26, 2007EurUsd trade — I went long the EurUsd(had some connection problems during the day) 4H ZB/TC with 1H confirming Entry 1.4855 SL 1.4821 1st TP 1.4880 2nd TP +1.4920 Edit 1 1.4880 was hit. Closed 50% for +23pips Remainder to BE Edit 2 Have to go ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 26, 2007Money management — That UsdJpy trade I positioned myself for the breakout trade short. It did break out but then pulled back into the triangle again. I have decided beforehand to take 50% profit after 30pips and set the rest at trailing stop ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 25, 2007Weekly Anticipation — The UsdJpy breakout trade that I did.
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 21, 2007Well done — Well done. I like the way you analise the market. Emotions takes time to settle when trading live. It will come. I like it that you are not satisfied for not following your plan. Even that comes with time. One must just be honest ...
4 Hour Strategy (MACD)
-
Phillip Nel replied Nov 20, 2007Well done — Exactly as I did it. I just had my second lot on 30 trailing stop and it was taken out at 109.80. Motion is very uneven at moment. Will stay out till tommorrow
4 Hour Strategy (MACD)