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4 hour strategy (the nausbot - 4 hour trader) 12 replies
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DislikedAUDcad The trend vs macd (of H4) here suggest that the price "might" be going down to 89sma. Same " trend vs macd behaviour" on the daily tf - it suggest to pullback to 21ema. Might be an opportunity for short position to bank in some pips here soon. Wait and see now. {image} {image}Ignored
Disliked{quote} Yeap. Again, as anticipated. http://www.forexfactory.com/showthre...39#post9077539 It is doing it. Price going down towards 89sma (for now). {image}Ignored
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DislikedThanks for the help yesterday guys. Here are a couple of charts from 4h morning trades. Again, I would love to hear your comments. (Also, I'm also curious if I could have taken the AudUsd trade earlier. I don't think so, but wanted to make sure.) Thanks! Reasons for trade: Return to 21, Bounce and show TC on MACD, {image} {image}Ignored