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- PhilinGood replied Aug 29, 2008
Thank you Palmer. I was asking this because I went short the €. The direction was right but got stoped out. It was my mistake though after having looked at it in more detail. Could have gotten the move, but emotions got the better of me. Just want ...
- PhilinGood replied Aug 29, 2008
My candles move to the next candle on the 4hr chart always at 5:00 GMT then 9:00 GMT then 13:00 GMT and so on... It always seems that the move starts later or earlier. Does it matter when the candles jump to the next, or can I use this system? Did I ...
- PhilinGood replied Aug 29, 2008
Cant say. But what I do is watch the price at around these MAs, how they behave and decide. Sometimes it bounces off, sometimes it moves right to them etc...
- PhilinGood replied Aug 28, 2008
Thanks Philip. Very helpful your reviews. This patience thing drives me crazy. One question please: You mentioned you like to trade the 400, 800, 1200, 1600 most. What does that mean? If it is time, is it GMT? And there was a little part I could ...
- PhilinGood replied Aug 28, 2008
Price has moved to far for me. Pass for anothe time
- PhilinGood replied Aug 28, 2008
Also planning to sell at 17:00 GMT. And puttng the stop above the blue line. Any comments anyone? only thin that makes me think is that the price is in a channel, and has always rebounded from a big sell off recently. edit By the way has anyone had ...
- PhilinGood replied Aug 27, 2008
I made a loss, 35 pips. I have attached the file. The part marked green is my entry: 1.4668 and red is stop loss: 1.4703 I put it slightly above the 8EMA. I marked green the MACD where I went short too. Did I do a mistake here? Was it not worth a ...
- PhilinGood replied Aug 27, 2008
Take care. Looks quite dangerous.
- PhilinGood replied Aug 26, 2008
Thank you! It also looks like the € is moving slightly up from here. My MACD is also pointing up again. Your last post was very nice - how you used the 1hr chart to go long like eTrader. I was about to ask whether someone took that one.
- PhilinGood replied Aug 26, 2008
If €/$ stays around here, I'll go short again. Risk reward is quite good. Anybody else? I am a little uncomfortable going short all the time. Maybe I'll skip this one.
- PhilinGood replied Aug 26, 2008
I think it should work, because GOld trades of the €/$ pair to a considerable extent, but also oil and the Dow. I am looking into it. Maybe you can post your findings. Silver is very volatile especially to the downside and trades with gold. If you ...
- PhilinGood replied Aug 26, 2008
Went short €/$ yesterday, before NY close. Took 104 pips.
- PhilinGood replied Aug 22, 2008
Went short €/$ at 4 gmt exactly, for 35 pips. Set my limit profit few pips above my Fibo level at 1.48350.
- PhilinGood replied Aug 21, 2008
Thank you. You guys are very kind. Candlestick patterns- could have though of it myself.
- PhilinGood replied Aug 21, 2008
Can somebody help me find some place where I can find a summary of all these patterns like tweezer, morningstar etc...? I read it quite often here and it seems important. I have found a few but there must be more, no? Do they have a specific summary ...
- PhilinGood replied Aug 21, 2008
Thank you very much. Thats great to hear. The rhythm part is also the most difficult to master.
- PhilinGood replied Aug 21, 2008
Thank you too. Yeah it seems to me it works with my charts too. I have treid it already live and it works! Now, at 12 GMT if the EURUSD stays about here, I'll go short, for example. and, yes I have a different broker, unfortunately. Edit Didnt go ...
- PhilinGood replied Aug 21, 2008
Thanks. I have got problems posting the charts. I use Windows Vista, dont know, but I have some issues. As soon as I can do it I will.
- PhilinGood replied Aug 20, 2008
Hi Everybody, This is my first post and I'd like to thank Philip for all his efforts. I have a question. My charts dont look like Philips. For example my MAs are slightly different and my candelsticks too. Does it matter? If so, how can I change it?
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