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- 4H Crossover (Swing Trading)
UPDATE III: Watch an overview video of the system posted here. Background. I am coming up on the ...
Find attached my current GBPUSD chart. Notice the 21/89 cross long, pullback to 21, and then trend continue? Maybe post a picture of your chart and I can look to see why you didn't get a signal.
My current EURJPY — Many of you have probably seen that I am still short the EURJPY in spite of the cross that happened a few hours ago. The purpose of the cross is to help us determine the direction of the mid-term trend. In this case, I ...
I just entered the AUDUSD (albeit a higher risk entry for sure). This is a situation similar to what I talked about earlier where there are several candles after the trend continuation signal until price closed above the 21. I take these types of ...
The reason is because the MACD I use is a custom MACD indicator created for Philip Nel's 4 Hour Strategy. It is the same as a standard MACD set at 5-fast/13-slow/1-MACDSMA with two exceptions: 1) it does not draw the MACD SMA line and 2) it colors ...
I am currently staying out of the USDCAD. It has been in a range (0.9970 - 1.0370) for the last 13 weeks. A symmetrical triangle has formed (low on 10/14 of .9977 and high on 10/19 of 1.0371) with progressively higher lows and lower highs since ...
My GBPJPY Pending Entry — I was asked a question earlier as to why I place "pending" on my trade log. Others of you were confused with what an entry setup looks like before it happens. Here is a perfect example (see attached image of my ...
UPDATE III: Watch an overview video of the system posted here. Background. I am coming up on the ...