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4 Hour Strategy (MACD)

  • Post #24,761
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  • Edited Dec 9, 2011 6:40am Dec 8, 2011 10:32pm | Edited Dec 9, 2011 6:40am
Sold Eur at @3332 with tp at 3227

Edit Closed half for 32 pips the rest on BE

BE for entire trade...rats
[quote=Morelands;5208324]Sold Eur at @3332 with tp at 3227

Edit Closed half for 32 pips the rest on BE...

that was a good move! the pair went rapidly back up ,you have a remarquable discipline.- you get to put it all together, congrats,
Yvon
sold the pair at 1.3337 closed 1.3230, on dec 12.
Yvon
Quoting trademin
sold the pair at 1.3337 closed 1.3230, on dec 12.
Nothing like a little extra to spend during the holidays.
Quoting Morelands
Nothing like a little extra to spend during the holidays.
I guess a lot of traders had the opportunity to be "force feed" by the EURUSD pair too! :-) ...congrats!
Yvon
I thought some of the old timers would stop by and say happy holidays or something. For those who are around, I hope all had a nice holiday

Raymond
Quoting Morelands
I thought some of the old timers would stop by and say happy holidays or something. For those who are around, I hope all had a nice holiday

Raymond
Happy holidays everyone!

Cheers!
Sorry for being late. Hope you all had a great christmas and may 2012 be the best year you have ever experienced.
Phillip
yes! almost there! 2012 coming soon! best wishes for the "year of grace" 2012.

thanks again Phillip Nel for all you are doing for us , traders. thanks also to those "pillars" in this thread that shows supports to everyone,
be bless all of you,
Yvon
Quoting Phillip Nel
Sorry for being late. Hope you all had a great christmas and may 2012 be the best year you have ever experienced.
Phillip
*****************************************************
Thank you Mr Phillip!
Thank you so much for all your help to me and in the forum through out this year and from the beginning of this thread. You are more than just a mentor. You are a great counsellor! May God bless you and entire family.

Thank you for your prayers for all traders for the year 2012. And to your prayers I say: Be it done unto me according to your words!
Grace to your soul!

God Bless Phillip!
Gloria in Excelsis Deo!

Compliments of the season to you all!


I thank God who preserves us for a batter tomorrow and future!

Lets not live in the mistakes of the past, rather learn from them and procceed with fervent positive speed into the future. The future holds lots of good surprises for us.

Previous years I was not doing well at all with my trading, but a certain time came things changed positively for me. Therefore,let us go back to the basic of this strategy assuming we are not getting whatever good we expect in our trading please.

It doesn't matter if you have to go back to the basics repeatedly-Remember that when you now begin to succeed very well, no one will ever know how many times you failed before you got it RIGHT! You see!

And aside form that, you will have the remaining days of your trading career full of glory,and will be able to obtain whatsoever money can afford in life. So please do not be discouraged: Reconsider your risk profile, and the kind of setups you always take,and your emotions. Then try to see how successful you have been so far with your pattern of behaviour of trading. Is there any thing you must change????

Remember! You cannot continue in mistakes and still expect profits. Have some time to think over your trading and life generally, and adjust positively where necessary !

I LOVE YOU ALL!
God Bless Phillip!
Gloria in Excelsis Deo!

Quoting Phillip Nel
Sorry for being late. Hope you all had a great christmas and may 2012 be the best year you have ever experienced.
Phillip
thank you so much philip
Happy new year 2012
Best wishes to all
Quoting ydaudw
Happy new year 2012
Best wishes to all
hi is this strategy comfortible for 5 minutes timeframe?
Quoting detect
hi is this strategy comfortible for 5 minutes timeframe?
no
I'm using Google Translator.
Quoting Morelands
I thought some of the old timers would stop by and say happy holidays or something. For those who are around, I hope all had a nice holiday

Raymond
Apologies for the belated HAPPY AND PROSPEROUS NEW YEAR !!! and happy holidays. I was away where there was no internet, lots of sunshine and beaches for Xmas and just saw your post.
Quoting detect
hi is this strategy comfortible for 5 minutes timeframe?
IMO no strategy is comfortable on a 5 minute time frame, that's the nature of the beast. If you downoad MT5 it has an 8 hour time frame which would be good for this method; it's easier to check the charts three times per day than 12 times every hour.

BTW, the shorter the TF the higher your spread costs are relative to potential profits, the difference is HUGE.
Hi,
I am new to this strategy. Starting reading and listening the strategy 2-3 weeks ago and trading began last week. I have a lot to learn and hope to get support from the old timers and those whom are already making it with this strategy. And thank you very much to Phil who made so much effort with all the posts and sharing this openly.

I have been trading 2 years now and without no good return. But many of the things shared by Phil is definitely practical and he made me realised my mistakes of the past trading which no one has every shared.
I hope someone can help me out with this:
Trading the 4hr MACD using the 1 hours chart - do we use only the 21 and 89MAs? and that the price must be riding along these MAs? I have gone through the file many times but still could not understand it fully. Please help.

Thanks
Philip has been talking about continuous trend in 1hr trading. I don't understand what is meant by continuous trend and how to see it in the charts. Can someone also help me with the question I posted in #24779?

Please. Thanks
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