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- Phillip Nel replied Oct 2, 2018
Here is my trades yesterday on the 4H timeframe.
- Phillip Nel replied Sep 26, 2018
I have become so familiar with the reaction of the MACD in comparison to the price that I don't have to look to it to recognize a TC etc.... I will use it to spot some huge divergence especially when a trend is about to turn around.
- Phillip Nel replied Sep 21, 2018
Here is the video as promised. Sorry for the late but I struggled with Youtube. url
- Phillip Nel replied Sep 19, 2018
You will notice that I have taken away a lot of the T/L and Supp/Res lines I had on my charts last week. The ones I currently have on is the ones playing the biggest role. If the upper Res line is broken and it continues in that direction there is ...
- Phillip Nel replied Sep 19, 2018
I entered with very small position size due to uncertainty amongst a lot of experts. I will give the position a chance should it wants to break the upper resistance line. I will see what happens when it reaches that level. Just remember that when ...
- Phillip Nel replied Sep 16, 2018
Hi Here is the link to the video of the summary of the rules of the 4 HOUR MACD Rhythm. Unfortunately I had to put it on Youtube as FF does not support the file format that I normally used in the passed and the file size is also bigger then 5Mb. I ...
- Phillip Nel replied Sep 7, 2018
Here is my trading for the week. The last 2 trades today was done pure because the Unemployment rate was worse then expected and I came after the meal so I entered below the trendline watching it and closing it manually. With the Eur to the South ...
- Phillip Nel replied Sep 5, 2018
Yes. Treat it as the rules say and the profit will come. First a close above the 21ema then a pullback and move towards the 89sma and the same rule at the 89sma until you get to the 200sma. There is also a trendline from 26/07/2018 and treat that ...
- Phillip Nel replied Sep 4, 2018
Just keep this in your memory if it starts to unfold later on.
- Phillip Nel replied Sep 4, 2018
Yes I did. I had to leave otherwise I would have stayed to see what happened around the 89sma as well as the 200sma on the 4H because both MA was ignored when the price moved to that support level. I hardly ever trade a breakout or move through a ...
- Phillip Nel replied Sep 4, 2018
My trades for the week 03Sept to 07Sept 2018 so far.
- Phillip Nel replied Sep 4, 2018
This is my situation currently. First T/P closed and second one approaching. On top you will see my 4Hour candle closing times. Regards. Edit Have closed second T/P manually. My account profit is in Eur for the day so far.
- Phillip Nel replied Sep 4, 2018
This how my trade is going on the EurUsd. I still have my stops above the 21ema and my first Tp at the 200sma and the second one at the 89sma. The light purple trendline is my main focus point at this time because if that is breached the 21ema is ...
- Phillip Nel replied Sep 3, 2018
I like the way you explain the possibilities. If you carry on the way you did on your demo you will be successful. But it becomes different when real money gets involve. Be careful not to trade to many pairs at the same time. I only trade the EurUsd ...
- Phillip Nel replied Oct 24, 2016
Hi. Yes I am still using the 4Hour MACD but mostly the Market Rhythm. Here is a chart with some trades that could have been taken. I like trading the MACD divergence when the price have moved away from 89.
- Phillip Nel replied Feb 15, 2014
Hi I will post video tomorrow again about the weeks trading. Did some very short term trading this week on a demo account. People said that one cannot make money in forex so I just want to show them that it is possible. 42% in 6 days. Here is the ...
- Phillip Nel replied Mar 15, 2013
There was no resistance at the point a retracement started so one has to look for something else as confirmation and there was MACD divergence on the 1H confirming a possible retracement. First target woulds have been 23%Fib and the next one 38%Fib. ...
- Phillip Nel replied Mar 15, 2013
I took the breakout on EurUsd and closed +33Pips
- Phillip Nel replied Mar 15, 2013
Hi. I see some nice trades that were made. Well done to you all. I had internet lost so could only trade from my mobile(if there was signal). I am on holiday at a lodge so I was relaxing yesterday when the internet was down. I took a trade late ...