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- time1300 replied Jun 13, 2010
hello all, good to see some new faces and great analysis..... keep it up everyone. Just my analysis on the the best pairs I see that meet our rules............Eur/usd, Gbp/usd are in consolidation and the moving averages are all bunched ...
4 Hour Strategy (MACD)
- time1300 replied May 19, 2010
Hey palmer, thanks again for that overview, I wanted to put that out there as others might also learn from it and it's great to see another veteran trader see the price action as myself and thank you again for your analysis and advice. I know you ...
4 Hour Strategy (MACD)
- time1300 replied May 19, 2010
I have a question for anyone who wish to answer it and how they approach it. In a period where price is riding the 8ema on a Daily and price is in a very strong trend riding the 8ema also on the 4H without retracing back to the 21ema as per our ...
4 Hour Strategy (MACD)
- time1300 replied May 12, 2010
hey smikester, 1.4800 is a strong support but with the uncertainty of UK and EU, I think we will see a break of that level. you should manage your trade cautiously and move your trade to BE as soon as possible. I am out half my position with 32 pips ...
4 Hour Strategy (MACD)
- time1300 replied May 12, 2010
Hello everyone, Been absent from the forum for a while but I have been reading up on the comments and analysis and it is great to see new faces and old faces still holding this forum true to its original rules. Hey palmer, great to see you active ...
4 Hour Strategy (MACD)
- time1300 replied Jan 21, 2010
some great reversal candles are in the makings on many pairs such as EUR/USD, USD/CHF and USD/CAD. Some profit taking might be in the works today after strong few days of USD strength and the Unemployment claims report today.
4 Hour Strategy (MACD)
- time1300 replied Jan 20, 2010
Hey palmer, Great to see you post again. ya I completely agree with you, I myself am not a big fan of the 8ema but when a big gap occurs such as what is happening now on the EUR I like to take my chances and do a CT up to the 8ema but always watch ...
4 Hour Strategy (MACD)
- time1300 replied Jan 19, 2010
Thanks JhonMonsalve for your analysis, I guess my understanding of the inside candle is wrong and need to read more on that.
Daily candle chart
- time1300 replied Jan 19, 2010
Palmer, great to see you mate, As far as my CT trades, this is a perfect example how risky they are and how well you need to manage them and if you are starting out, you should stay away from any counter trend trades. I moved my stop loss to Break ...
4 Hour Strategy (MACD)
- time1300 replied Jan 19, 2010
We had a big move down on the Eur breaking that trend line, a big gap has been created between price and 8ema and I usually like to take a chance on the gap being filled when price has moved like it has today but i wait till around the afternoon ...
4 Hour Strategy (MACD)
- time1300 replied Jan 19, 2010
hello all, I have been reading on candle sticks quite a while and am still learning. And I saw a candle pattern forming and wanted to see if my interpretation is right and would love some feedback for those that do know about candlesticks. On the ...
Daily candle chart
- time1300 replied Jan 19, 2010
Hey Phillip, great to see you pop in and out, it's always great to see your posts and have your presence in the forum. I have been reading on candle sticks quite a while and am still learning. And I saw a candle pattern forming and wanted to see if ...
4 Hour Strategy (MACD)
- time1300 replied Jan 19, 2010
My previous USD/CAD trade was closed manually with 30 pips as I did not feel a big move to the downside and could grab better results else where hence the EUR/USD trade. If I don't get the move I have been anticipating after a few hours then I keep ...
4 Hour Strategy (MACD)
- time1300 replied Jan 19, 2010
I also got into that trade as I was waiting for a retracement close to that 21ema which we got and I also got in with the 1H. My target has since been hit for a total of 110 pips. The first chart is the entry and the second is the move down to the ...
4 Hour Strategy (MACD)
- time1300 replied Jan 18, 2010
Good morning all, I just wanted to share the TC trade I made on the USD/CAD last night. The canadian dollar has been gaining strength for a few weeks now and last week we had another lower low and so switching to the 4H price retraced back to the 8 ...
4 Hour Strategy (MACD)
- time1300 replied Jan 17, 2010
Hi Morelands, Thank you for taking the time to creating a chart to interpret your understanding of the wave. As I mentioned before and Neil touched on it that EW can be subjective. I mean when we are dealing with moving averages for example, anyone ...
4 Hour Strategy (MACD)
- time1300 replied Jan 17, 2010
neil, Thank you for your analysis. The reason I mentioned and asked about elliot wave is not only for myself but few of our analysis and take profit have been based on that and have been mentioned on this forum and thought maybe others might also be ...
4 Hour Strategy (MACD)
- time1300 replied Jan 17, 2010
Hi Moorlands and Welshguy, I would have to agree with you guys as well as the last bearish engulfing candle also gives us a good confirmation of a further move down. I wanted to ask Moorlands or Welshguy if you guys can plot the waves for the ...
4 Hour Strategy (MACD)
- time1300 replied Jan 13, 2010
I am also in the same trade due to the reasons mentioned and Last night I put up a chart that we might be have a 1-2-3 formation in the works and although not confirmed with TC on MACD I like the small little double tails as well. Entry @ 92.2264 ...
4 Hour Strategy (MACD)