Trade is disabled?
WTF?
I'm trying to close my trade and it won't let me
WTF?
I'm trying to close my trade and it won't let me
4 hour strategy (the nausbot - 4 hour trader) 11 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
Is the "4 Hour Strategy (MACD)" the best system here at FF? 20 replies
DislikedI think so. Should have sold at the open price of 16:00 candle at 1.2195.
(What were I doing??) Again, it is Friday....
-Chandra.Ignored
DislikedThese 2 pairs 99% of the time are identical in the opposite direction. I have used them to confirm eachother.
Just food for thought.
JIgnored
DislikedI have been trading that pair for the past week, using a system I created I was able to get in at the very top of that downfall.
Its fallen over 900 pips at this point so it is in desperate need of a correction, but this pair could fall even harder before it starts its climb back up.
We may have reached a bottom, Im unsure, I would not trade it for a while until you know which direction it is headed, it moves quickly, and could cause you to lose alot of money, so be patient.Ignored
DislikedHi All,
I am new to this forum although I have followed this thread from the beginning. Like many people I have invested in training with limited benefits. I have made most if not all the mistakes a new trader can make and probably found a few more of my own over the past year and a half.
I thank each and every one of you who have so generously given your insight and time, especially, Phillip, of course who continually gives so much of himself.
Since applying the lessons and listening to your advice I am beginning to see the light.
This past week I have gained 121 pips. The last trade was the EUR/USD with it's perfect RB. I entered at 1.3154 with first PT at 1.3180. Although I got a little anxious when it stalled there, I took 50% profit and let it run up to 1.3195 for a gain of 41 pips.
I hope I am able to contribute as I gain more confidence.
Have a great weekend.Ignored
DislikedWHERE IS THE HOLY COW.... WHERE IS THE HOLY COW. WHERE IS THE HOLY COW...
-ChandraIgnored
DislikedAnyone have any idea why this strategy seems to only work well with the Eur/USD and GBP/USD? Could it work with other pairs but just hasn't been extensively tested?Ignored
DislikedHi Guy,
Here is a screenshot of what I got on the EUR/USD. It has breached a trend line that it has tested 4 times. It has come back up to test that trend line. Now since the GBP has gone through the 89SMA wouldn't you think the Euro would follow suit, or is my thinking wrong. Any comments would be appreciated.Ignored
DislikedHi Guys,
this is in response to the cad short (should have posted before my "nap" that turned into a full day (egads!)
For the last 3 days, CAD has been giving the same false signal to short with the RT that turns back into continuation. Saw it forming earlier and thought it was up to its 3 day trick (started on feb 28). Be careful taking a round top right now...look for trend continuation on 1 hour first and make sure you are near a strong resistance. just my 2 cents worth.Ignored
DislikedPips... Why didn't you say this last nigh!?!?!?!? I got slaughtered on the deal. Admitedly I made it at 4:00 am my time while feeding my daughter... so not much concentration... but I really got taken on that one. On another note, I haven't had much of a chance to post this week, but I need to get back to it. I had 400+ pips on Wednesday for the week, lost my way and now only have about 75 pips for the week . I was trying to trade at work, and also got distracted and didn't do my due diligence.... Its' soooo easy to lose concentration (and get too comfortable when confident in a great system).
Lastly... did anyone notice how "close" the gbp/usd is to the highs dating back to around 1993 on the weekly?????? Just an observation.. I'm redoing my charts and setups (time to regroup again), and saw it. In anycase... everyone have a good weekend, I'll be studying.....Ignored
DislikedPips,
I am new to this being a trader for only about 1 year, however, here are my thought on why the EUR/USD will follow. The pair have just breaced a trendine (A) that has been tested 4 times (Rectangles) since the 12th of this month. It is now re-testing the back side of it. It is also retesting the top of a downward channel (X). Now all we need is Phils system to give us an entry and we got a shot at 1.3144 which is right above the 89 SMA (B) and possibly trade the channel (2nd Chart) to the next trend line (C) just below it. I believe we will see a move to zero and back down on MACD (arrow). Any comments or help on this would be appreciated.
If you think I am wrong, please don't be afraid to say so as we can only learn from our mistakes
JIgnored
DislikedPhil,
Looks interesting. Have backtested this in MetaTrader with an EA?Ignored