Good work sir. I am struggling to see the sell signal on this one. Trend is up as well as the MACD. Can you elaborate please.
I am not having a successful week with this system thus far.
{quote} Good work sir. I am struggling to see the sell signal on this one. Trend is up as well as the MACD. Can you elaborate please. I am not having a successful week with this system thus far.
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Hi Alan
The eurusd trade I took was guided by the fact that it broke 21 and PB, even though it seemed that it had broken out of 21 again, MACD pattern suggested an upcoming RT at S/R level and that's when i pulled the trigger.
I rely mostly on Market Rhythm and S/R levels. I hardly ever use the MACD, I only do so when I need to confirm what the market rhythm has already established.
Please read the PDF basics set out by Phillip Nel which can be found on the the first post, go through the entire thread at least once and then thereafter, pay special attention to Nausting and Jonnypip's posts. It's not an exact science that after having done this you'll become an established trader like they are, as you still need hundreds, if not thousands of hours in front of the screen before you can confidently open high probability trades. However, it will assist you a great deal in grasping the basics and begin to understand how the market works. This is how i improved my craft
Suffice it to say, I have seen your previous posts and it looks like you have some experience in picking trades since its not an easy feat for beginners to pick 40 pip trades...so it shouldn't be long before you get it right too
{quote} I have switched back to the standard MACD as it looks cleaner. {image}
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I wish I could make this setting, on my macd does not appear.
In the indicator there is how to save the configuration, how to save yours and send it to me, or the template itself.
{quote} I wish I could make this setting, on my macd does not appear. In the indicator there is how to save the configuration, how to save yours and send it to me, or the template itself.
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Is just the standard MACD on the MT4 with settings 5,13,1
The lines are added in the levels section. I believe the config save button only saves the parameters and not the indicator levels.
{quote} Is just the standard MACD on the MT4 with settings 5,13,1 The lines are added in the levels section. I believe the config save button only saves the parameters and not the indicator levels. {image} {image}
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Thanks for the feedback.
I've tried to do something like that, but now that I've seen it, the problem is the MACD version.
The colorful version 4H_MACD does not work this setting.
But on the MACD that comes with MT4 it works.
I may also switch to something cleaner, but I want to have the experience of seeing the levels working.
In version 4H MCD have to use:
150
300
450
God be praised for seeing us through year 2019 and bringing us into a fresh new decade! I also thank God for the gift of forexfactory and Phillip Nel for creating such a wonderful platform that has connected different continents of the world together to be of help to one another! May God bless us all the more this year in Jesus name!
HAPPY NEW YEAR, 2020 TO EVERYONE! God be praised for seeing us through year 2019 and bringing us into a fresh new decade! I also thank God for the gift of forexfactory and Phillip Nel for creating such a wonderful platform that has connected different continents of the world together to be of help to one another! May God bless us all the more this year in Jesus name! Regards! Naustingfx {image}
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Naustingfx
Cross-Over Trade
CROSS OVER TRADE: This trade refused to end with 2019; she made her way into the new decade, year 2020!
MY Golden trade:
Gold/Usd trade: 23rd December 2019 - 8th January 2020
This trade ran for cool 17 days without taking any break, what a long and nice journey, as you can see in my charts below, there was no reason to close the trade since there was no major price retracements until the final target was hit, as usual I took 2 positions and this whole move marveled me; almost the same thing happened last year January which I as well posted as a Happy New year trade in this forum; I think Jan 3rd 2019 Regards, Naustingfx
Hi, Can anyone tell me, why are the horizontal lines of macd together and not separated in proportion? {image}
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Video on MACD Setting with a bouns: CadJpy trade, 8th January, 2020
I have made his video earlier today for you, but when I wanted to post my internet was giving me issues; but I have resolved the problem and here is the video; this is the first video I am sending since I joined this forum, and I have added a bonus, which is the trade I took on the 8th of January, 2020, I have taken partial profit on the trade and have decided to leave the remaining position to run; God bless you!
Please you can watch the video with the normal windows medi or VLC;
{quote} Video on MACD Setting with a bouns: CadJpy trade, 8th January, 2020 I have made his video earlier today for you, but when I wanted to post my internet was giving me issues; but I have resolved the problem and here is the video; this is the first video I am sending since I joined this forum, and I have added a bonus, which is the trade I took on the 8th of January, 2020, I have taken partial profit on the trade and have decided to leave the remaining position to run; God bless you! Please you can watch the video with the normal windows medi...
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Trade update from video posted above: note; this trade was a late entry trade, I entered 23+pips late, but as there is still potential for a further up move, I decided to jump in as shown by the arrow, the optimum entry for the 4hr chart is the close of that long brown tailed candle before my arrow/late entry candle
{quote} Video on MACD Setting with a bouns: CadJpy trade, 8th January, 2020 I have made his video earlier today for you, but when I wanted to post my internet was giving me issues; but I have resolved the problem and here is the video; this is the first video I am sending since I joined this forum, and I have added a bonus, which is the trade I took on the 8th of January, 2020, I have taken partial profit on the trade and have decided to leave the remaining position to run; God bless you! Please you can watch the video with the normal windows medi...
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Thanks for the video.
The trade(cadjpy) you are doing seems sideways, and by the daily chart looks like it want to fall back.
Already have a target for it? I think 83,000 is a good take.
{quote} Thanks for the video. The trade(cadjpy) you are doing seems sideways, and by the daily chart looks like it want to fall back. Already have a target for it? I think 83,000 is a good take. {image}
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Thank you!
I am very much aware of that, and I am trailing my stop loss already... But I always allow some of my positions to just keep running, as we are in a strong up trend price can still break through. But which ever way, I am secured already.
Thank you and God bless!
One idea I brought from another moving average method is to look for the time graph where the averages are organized.
White 21, green 89, yellow 200 and orange 365.
In this first chart on H4 the price goes several times the average of 89 and falls again, then rises to the 200 is disorganized and does not convey safety.
On the second daily chart, the price went to the average 89 and pullback, and it fell to fall with the average of 21, and if it will latellar it will probably seek the average of 89.
But the H4 chart still has its value where it can be used to measure inputs and outputs.
The more lateral the market, the greater the value of macd, but in trend we follow the averages.
One idea I brought from another moving average method is to look for the time graph where the averages are organized. White 21, green 89, yellow 200 and orange 365. In this first chart on H4 the price goes several times the average of 89 and falls again, then rises to the 200 is disorganized and does not convey safety. On the second daily chart, the price went to the average 89 and pullback, and it fell to fall with the average of 21, and if it will latellar it will probably seek the average of 89. But the H4 chart still has its value where it can...
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Perfect! Perfect!! Perfect!!! That is another cheat sheet we use here! The owner of this thread, Philip Nel said exactly the same thing, he even went deeper on how to stay away from such scenario and as well how to position yourself for great trading opportunities in such cluttered environment... And that is why we advice the new ones to take the sacrifice of studying all that Philip Nel has posted here, if you just jump into the current pages and think you can play smart and just start making pips, then you are fooling yourself, and you will pay for such mess, if not immediately, then in the future. PLEASE ALL NEW ONES HERE SHOULD TAKE NOTE OF THIS SAVING ADVICE! I WISH ALL OF YOU WELL IN JESUS NAME! I KNOW YOU CAN MAKE IT ! BRAVO! Naustingx.
{quote} video on macd setting with a bouns: Cadjpy trade, 8th january, 2020 i have made his video earlier today for you, but when i wanted to post my internet was giving me issues; but i have resolved the problem and here is the video; this is the first video i am sending since i joined this forum, and i have added a bonus, which is the trade i took on the 8th of january, 2020, i have taken partial profit on the trade and have decided to leave the remaining position to run; god bless you! Please you can watch the video with the normal windows medi...
{quote} Perfect! Perfect!! Perfect!!! That is another cheat sheet we use here! The owner of this thread, Philip Nel said exactly the same thing, he even went deeper on how to stay away from such scenario and as well how to position yourself for great trading opportunities in such cluttered environment... And that is why we advice the new ones to take the sacrifice of studying all that Philip Nel has posted here, if you just jump into the current pages and think you can play smart and just start making pips, then you are fooling yourself, and you...
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Thanks, there is a system that uses the averages of 30, 50 and 100, but I find it very late.
I just read a pdf of this topic and some others, reading over 1,500 posts with lots of repeated information is hard.
Those with more experience here could summarize it with some of these extra tips.
4 Hour Strategy (MACD)
