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Phillip Nel replied Apr 29, 20074 Hour Strategy — It is a move through the zero of MACD and we dont trade moves through zero on the 4H system. As you grow experience and together with other indicators you can trade movements through zero. It however was a very high ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 27, 2007EurUsd — Look at the small bars support on 10EMA moving upwards. You close your eyes and you enter. 3 Possible trades that turn out OK. Trade No 3 made it the end for the Eur up.
5Min Intraday System
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Phillip Nel replied Apr 27, 20075 Min Strategy — Skype me at chanan13 and I will add you.
5Min Intraday System
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Phillip Nel replied Apr 27, 2007GbpUsd — The tail got a lot of people. Look at the support levels, trendline. When doing that trade keep the support area in focus as it might be tested. Your stoploss must be outside that when it is major S/R areas.
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 27, 2007Back Online — Hi. I am back online. My mobile account had a monthly limit which was hit and my account frozen. I asked it to be unfrozen and it looks like they have flown people in from Alaska to get it unfrozen as it took 2 days. Meanwhile I ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 25, 2007Stop to Breakeven — If you use a Risk:Reward ratio of at least 1:1 and do ten trades with one currency you will have at least 6 right and 4 wrong. Backtesting have shown better results. If you can manage just one of the wrongs out at BE you ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 24, 2007Trading before the news — It is difficult to answer this one except for NFP and Interest. I stay on the sideline for those 2. Other news it looks like that the MACD support the news beforehand more times than not. I have not really done that ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 24, 2007EurUsd — Nothing wrong with your decision. Absolutely according to the rules. It just might be one that is not going to work out. It gives at least 7/10 correct. News coming out as well at 16:00. Up candle before news looks like it might ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 23, 20075 Min Strategy — I see some people making nice pips. Well done. Still on holiday. not really spending time on 5min strategy. Will chat next week again. Good pipping.
5Min Intraday System
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Phillip Nel replied Apr 23, 20074 Hour Strategy — When it is at the top of a move and it moves down through 21EMA or 89SMA and retest it and close lower I use only the last candle or the resistance level as stoploss. In this case 38pips would have been my stop. I use ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 23, 2007GbpJpy — This is how I would have done this pair. When a price breaks through some S/R it tends to go back and test it again before continuing its path and that is how I would have dealed with this setup. I like it more safe. For you that went ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 23, 2007Chat on Skype — It is open 24hours. Whenever you want to go and chat, just see if anyone is online and start chatting. See if there is anyone in your timezone and arrange some regular chat. Happy chatting
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 22, 20074 Hour Strategy — I dont think 3H timeframe will be an issue. MACD settings can be the same. Backtest it by hand for the times you can trade and see how many signals the different currency pairs is giving and what gain is involved and choose ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 22, 2007Weekly Update — Sorry. My time was up before I was finishing talking. You can fill in the rest just the way you want it. Have a great week of pips. I want to thank Pips for the great answers she is giving. It is helping me a lot while I am on ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 22, 2007Skype — If you want to paricipate in a chat around the 4 Hour MACD Strategy Go to www.skype.com and install skype and then click the link below to get access to the chat. You can only benefit from the discussions and if not satisfied you can ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 20, 2007UdcCad — UsdCad The news today took it down. It has found resistance against 21EMA for the last 4 candles before the news came out. It is on TL support again. Lets see what will happen
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 20, 20075 Min Strategy — Today was one of those days. Not much going on. In fact two wrong deals. Some you win some you dont. Gbp did not play with
5Min Intraday System
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Phillip Nel replied Apr 20, 2007Very Nice Observations — The observations and studies is getting better and better each day on the thread. It is very satisfying for me to read that. The GBpUsd monthly chart I posted still leaves room for upside moves as it is a MONTHLY ...
4 Hour Strategy (MACD)
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Phillip Nel replied Apr 19, 2007GbpUsd — Something on the monthly chart I obsurved. Interesting.
4 Hour Strategy (MACD)