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Phillip Nel replied Sep 30, 2007Supp Resistance lines on 5Min — By drawing supp/res (S/R) lines you can see when a run is getting out of steam. It can help you either taking profit at max level or let you get out before the pips get negative or cut the loss to the minimum.
5Min Intraday System
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Phillip Nel replied Sep 30, 2007GbpUsd 1H pullback entry — GbpUsd discussion we had on Friday to go long after the breakout above the Res line @. 2.0300 This question was asked Phillip what if this candle closes above this broken resistance.still we don't know it goes up in ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 30, 2007Support — Yes. When the price finds support like that on the 21EMA you enter eyes closed especially if it makes a little round top/bottom. See picture
5Min Intraday System
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Phillip Nel replied Sep 29, 2007Friday 28/09/2007 — EurUsd [2007/09/28 09:50:03 AM(Gmt+2)] Phillip Nel says: The rising wedge is now taking a different setup. Although it normally comes down this one can go up as it is within a channel where the top of the channel has not ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 26, 2007Enjoy your vacation — Pips Enjoy your vacation. Thanks for all the answers, suppoert and active participation you have done so far. When you come back we will have some pips saved for you. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 25, 2007Skype — My Skype name is chanan13. Contact me through skype and I will add you to the 4H chat I am on leave this week and doing some live trades. When I am working I cannot trade during London session and 2 hours of Us so live trades for me ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 25, 2007GbpUsd live trade yesterday on Skype — [2007/09/24 12:30:57 PM] Phillip Nel says: I went short on the GbpUsd at 12:00 candle at 2.0260 with first target 8EMA at 2.0229 and 2nd TP at 2.0174 nearby 89SMA. SL at 2.0291(just above the bodies of ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 25, 2007EurUsd Trade today live on Skype — I have entered EurUsd on the 1H supporting 4H off the 21EMA @ 1.4083 [11:11:57 AM] Phillip Nel says: Morning star on 1H off the 89 on 1H [11:12:26 AM] Phillip Nel says: SL 1.4060 [11:13:21 AM] Phillip Nel ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 24, 2007Patience — Hi Golfer Thanks for the effort you put into this thread. As you said, patience is what it is all about. To be able to walk away from a trade that you dont feel good about and to get out of a trade close to breakeven that turn out ...
5Min Intraday System
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Phillip Nel replied Sep 24, 2007Countertrend Trading — I did this for someone. See if it makes sense and use it. Remember that it is high risk trading. Remember that the boundaries in which the motion is taking place has to be established to do countertrend trading. Here is ...
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 23, 2007Thanks — Thanks for all your efforts. I am on leave this week so I will have time to trade during the day. Will be on Skype regularly as well on FF and on FxTradleblog forum detailing my trades there. Phillip
4 Hour Strategy (MACD)
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Phillip Nel replied Sep 23, 20074 Hour Strategy — Here is the link to the strategy. There is 13 Lessons on page 289 from post 4335. url Phillip
5Min Intraday System
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Phillip Nel replied Sep 23, 2007UsdJpy — Look at the S/R lines how support became resistance. We are currently agains the 200SMA and the resistance line. If the invert sHs is true it should break to the upside. The 89SMA is also closing in on thee 200SMA. I dont trade ...
4 Hour Strategy (MACD)