yeh agreed - early days. but for some reason, my gut says its going to move to the upside.....my gut is a great barometer. But your right...anything premature could be a fakeout.

if hour closes above 200.27 we could see gbp/jpy move higher. I think this is the start of something beautiful I really think 199.77 will hold for a retracement on the dailies. way too early to call....but i think that area of 199.77 and 200.27 was ...

its anyones game right now. if it breaks 200.27, im going long, to hope to see it challenge 201.20

some decent support building on GBP/JPY here. I know its still really early - but i do agree 201.20 is the barrier to get over ensure any momentum up on it

agreed - Im also long on Euro - from MACD signal and also the pretense of a H&S. Although i waited to jump in on Euro, cause i know price may retreat slightly before the next 4 hour candle were to move higher. (if it did! luckily for me it has ...

you are right - there is no accurate way to measure volume in the market. However, volume is somethimes used as indication - just by an analysis of whether volume would be permitting during a general trading session or not. A DECREASE in volume in ...

Hi Long time listener, first time caller. I have been watching phil's 4 hour system for about a year now, with great success, but have been a bit hesitent to follow this one. I notice golfer you have had a bit of imput into this sytem from the start ...

Well if it is bouncing off that MA in your graph, id wait for the MACd to give a signal and you got a buy signal right there my friend

As high as you make it - to say it is unsuccessful would be glib. It is very successful, but it depends upon the individual using it. A lot of people have been successful with it since this thread opened more than a year ago, i was trading ...

well i think thats important to note also - cause it could very well be pure false statistics to work in anothers favour. I really think if you were an ambitous trader you would do whatever it took, and would ignore these statistics regardless.

Just wanted to make it clear — The statistic is actually. 95% of all traders fail in the first 6 months. NOT 95% of all traders fail, lose or are unprofitable. If you make it past 6 months, as trader, your in a position that better than 95% ...

url under "system"

In response to Behof's original post on this thread — Hi behof and others on this particular thread. I dont often comment on FF pages, well havent for a while. But just to let you know, i did once work at an investment bank, and I know how the ...

Hi Saka, just checking out your viewpoint on CAD. could i point out that on the CAD daily we still have it trading in a tight range, with the recent candle moving up to the 21 ema and falling below 8 ema. also the 89 sma and trend line seems to be ...

looks like the housing data will be the clincher

Elmer there is absolutely no signal at the moment for a countertrend trade in CHF. If you look at the Ma's for 8 and 21, the CHF is following them nicely on the 1 hour, and is still way ahead on the 4 hour with lots of bearish strength on the MACD. ...

crap it is a small world Paradise waters