Forgot the chart...
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4 hour strategy (the nausbot - 4 hour trader) 11 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
Is the "4 Hour Strategy (MACD)" the best system here at FF? 20 replies
DislikedI just entered long at 1.28653 with AT on EURUSD after EURUSD formed tweezer bottom on 200ma and 365ma. Tp in the middle of 21ma and 8ma. SL at 1.28653. Can someone verify that this is a valid trade?Ignored
DislikedHi Ira,
I thought the confluence of the 2 ma with AT pattern provided a good countertrend trade.....I was so very wrong....by the way, what is the average number of trades do you get on EURUSD? I seems to always get in the trade when EURUSD already moved a lot. I'm wondering if there is a big candle formed when MACD showed a confirmation, it's not a good idea to enter anymore...but at that point, it's always 50/50 that maybe the momentum is so strong that it will continue the move. Is there anyway to clear up the direction to take even if it...Ignored
DislikedNo, you weren't wrong, you made the right decision, you knew it was CT trade and you knew the targets.
I never enter after big candles, the SL is too big, although here, on the thread you can find materials how to enter on big candles, Phillip taught us.
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If the trend is strong, go to 1h and enter there after retracment to the 8 or 21, the same stuff as 4hour. Hope it helps.Ignored
DislikedHi Ira, will you please show where I may find those materials, I still have problems with following MAs (when price goes to 21 and retraces to 8 for instance). Simply I do not follow price flow/rythm... Thanks.Ignored
DislikedHave you seen Phil's lessons on the 1st page? All the material is there. Hope this helps.Ignored
Dislikedwow, great trade there. Target hit.
What SL level did you put? High of the tail? Or just 21ma?Ignored
DislikedHi Moreland,
Same question from before. May I know your Stop Loss level?
I just shorted EURUSD at 1.26520. Stop loss 1.26841. Target 1.26050. I used 1hr to enter after the doji after 4hr showed TC.
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Dislikedwow, great trade there. Target hit.
What SL level did you put? High of the tail? Or just 21ma?Ignored
DislikedHi Morelands,
Oh. I see. Sorry didn't notice that.
I broke even on my last trade....Should have taken 50% off when it's half way down....Ignored