No worries. Just checking with people with more experience. Yes, I'm struggling with the method too... Probably the reason why I'm looking at taking the good trades for a higher RR ratio. Will try it out and post back.

Anyone tried trend following with this method? I've been experimenting with using this method for entry signals and holding a trade till the market takes out my stoploss. It looks to be quite a profitable play offering RR of 1:3 and above. Of ...

Thanks for the great explanation. It makes market rhythm a tad easy to understand now. Basically, if PA shows lots of wick, MACD is messy instead of a smooth curve, rhythm is somewhat out of whack.

Missed this trade on the H1 too. I've been waiting for it to bounce off the 21.

Very interesting explanation, Binnie. Got a few questions. I don't trade the H4 now, moved to the H1, since I am an impatient person by natural---probably a bad thing for retail forex, but it allows me to make more mistakes and learn faster----at ...

Agree with yaakray we are in the same boat. Maybe Forex isn't for us retail traders. But one thing I learn about doing business, its often when u are about to give up that success is just round the corner. Keep at it bro. Hopefully I can stick to it ...

I use the 103version. I had the same problem with edited levels going back to default upon restarting MT4. What I did was to delete the complied .ex4 file that MT4 generate and edit the mq4. Look for the levels line and edit them to your default ...

Isn't that a countertrend trade? I'm a newbie, not comfortable with CT trades yet. For me, my current rules---only long when price above 89 and short when price below 89. For me, I'd only looked at engulfing and pinbar setups as confirmations in my ...

Am I right to say that we should try to only take MACD TC signals when price retraces to 8 or 21 MA, and not when price is a distance from the MAs?

HappyMe: I've thought about watching a trade going up 30 pips before diving to take out my stop at BE---heart breaking. Ran some back tests, some trades came up with +250 pips in 1 move when it's TRENDING. Imagine scaling in at every retracement ...

Just got taken out at BE level. Oh well, next trade.

Well, I looked through a few months of charts---not a whole lot, but I'm holding out for whatever the market decides to drop on me. Basically, I'll set my stoploss to BE once it's +30 pips. 1. If the market retraces and takes me out, BE. 2. If it ...

I'm still in long position for that one. Going for 1:2 RR. Tighten my stoploss in the event news is bad for the position.

Thanks for the weekly and monthly review. It really helped me understand the system a lot better. I need to be a whole lot more patient. Been seeing trades when there weren't any. Gotta tighten up.

Nice. Cya on Monday. Its Friday night here. Gonna try not stare at charts every hour. Something I need to learn. BTW, may I know how long a trade using this system usually last? 12 hours? Or more?

AUDUSD long update: stop loss move to just below last resistance level at .91866. Looking good. Last candle broke and close above BRN level .92000.

The only thing that I'm wary of is the price being a little near to the BRN .9200. Still I longed. Shall see.

Went long on AUDUSD. Daily Chart shows a pinbar forming, with 1 hour to candle close. H4 chart shows RB on MACD, price above 8 and 21 MA. Overall, it gave me a bullish signal.

LOL. Alright, good trading!

Just curious, is your SL at the 9200 area? I'm looking to long EURUSD once the candle closes in another 3 hours.