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Phillip Nel replied Mar 2, 2007I took UsdEur — On 1Hour. It is a bit shaky with the two little tails to the top. (Spinners) Tails to the bottom is well. Trendline support on my chart. Support off 89SMA Entry 1.3175 S/L 20 pips T/P 1.3195 or closeby Get breakeven after 15 ...
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 2, 2007Daily Wrapup — Some comments about today. Remember it is Friday so any trade should be pocket money for the weekend. Have I nice weekend
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 1, 2007Thanks — Thanks for all the best wishes for next week trading. May it be the same for you people. Will give MP3 every day. God bless
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 1, 2007Trendline — It hit the trendline from 5/12/06 through 02/01/07 and bounc off
4 Hour Strategy (MACD)
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Phillip Nel replied Mar 1, 2007Gbp trade — Enter 1.9610 Listen to MP3 for explanation on post 1535 S/L 1.9645 Partial profit 1.9585 Rest manual. Will watch the 89SMA
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 2007Well Done — Well done. You have seen it. Now with money management you can remain in the trade while taking some profit and re-enter the profit portion should the 4Hour MACD give a trend continuation signal.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20074 Hour Strategy — You are right. No syncronization.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20074 Hour Strategy — As you get to know the movement and motion and interaction of the price with the different MA's you will be able to judge the entry on the 1hour as well around other MA's. I enter that trade on the bounce off the 89SMA solely ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 2007Stoploss — When I watch my trade alive I have my stoploss written down but have a what I call crash stop 20 or so pips further away only if the system goes off or something happen that I cannot be there alive and close the deal. By doing that ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20074 Hour Strategy — That is exactly what it is. Remember that the 4 Hour MACD gives false RT signals when the market is trending while it returns to the 21EMA and then going on again. The 1Hour TC signal off the 1hour 21EMA will help you get in ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20074 Hour Strategy — That is very well done. Nice to see you analysing your bad trade. Never ignore that little voice inside especially if you are in a trade. We have a saying "When in doubt, mean it out" That little voice(especially if you are a ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20074 Hour Strategy — On the EurUsd the short was countertrend and only to the 21EMA.(20-25 pips). The bounce off the 21EMA and trendline did not give a MACD signal yet on my chart. The 1hour gave a bounce of the 89SMA and not the 21EMA so wait ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 28, 20071 Hour Support MACD Strategy — When there is conflict between the 1hour and 4hour then the 4 hour is remains the main one. The 1hour must support the direction of the 4hour.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 27, 2007GbpUsd — Looks like our feeling was right. One must not that it turns the emotions negative. I took a decision based on my rules and I have won in the sense that I sticked to it. There will be plenty better deals along the way.
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 27, 2007GbpUsd — It looks like a short is given but the 200SMA and 21EMA together spoils it a as well as we are in an uptrend. Price above 89SMA with price tested 21EMA. I however like the tails to the top. My heart says short to 1.9600, my head and ...
4 Hour Strategy (MACD)
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Phillip Nel replied Feb 27, 2007GbpJpy — Well done. It looks like 232(closest low) is on the cards if broken then 231. Keep your stop out of the way but when motion becomes nervous close it in. I will split my stop in three parts on different levels if I have such a move ...
4 Hour Strategy (MACD)