4 Hour Strategy (MACD) | Page 1559 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4 hour strategy (the nausbot - 4 hour trader) 25 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

Attachments: 4 Hour Strategy (MACD)
Exit Attachments

4 Hour Strategy (MACD)

  • #31,161
  • Apr 14, 2020 1:12pm Apr 14, 2020 1:12pm
eurcad lose 26 pips when stoploss touched
eurjpy I closed about breakeven with about 3 pips loss
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 74 KB

usdjpy turned good and I closed after I make the picture
this its usdjpy in m15 with add entry
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 28 KB
  • #31,162
  • Apr 15, 2020 2:13am Apr 15, 2020 2:13am
taken 4 trades in h4 last night and two lost
the other two its still live
its divergence in both and I go against it
maybe that its why it didnt work
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 84 KB
Click to Enlarge Name: NZDUSDH4.png Size: 64 KB
  • #31,163
  • Apr 15, 2020 2:17am Apr 15, 2020 2:17am
Quoting forexdg
taken 4 trades in h4 last night and two lost the other two its still live its divergence in both and I go against it maybe that its why it didnt work {image} {image}
Macd divergence = be careful
  • #31,164
  • Apr 15, 2020 8:09am Apr 15, 2020 8:09am
Quoting 40PipsAlan
{quote} Macd divergence = be careful
either that was the problem or I need to stick to h1 because for some reason its work beter with me
here its eurjpy today on h1 and I closed it after the m15 picture
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 30 KB

the remaining two trade in h4 I talked about above was lost too
  • #31,165
  • Apr 16, 2020 12:23pm Apr 16, 2020 12:23pm
taken h4 sell for eurgbp last night and I close with little lose
chart shows h1
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 80 KB

lower time frame its profitable but its asks more time in front of pc
entry in h1 but charts below is m15 and I closed after picture
eurjpy
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 33 KB

eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 33 KB
  • #31,166
  • Apr 16, 2020 1:11pm Apr 16, 2020 1:11pm
Ok guys, a couple of short trades on GU for around +40 pips each. We have a close over the 21 EMA and then a pullback over the 21 again stopping just over the 61.8 fib. My expectation was a trip to the 89 but a bit of turbulence during the flight took out my trailing stop. I managed to get back in again for another +40 .
Sure enough hit the 89 and turned back up again. I am now watching for a bounce off the 21 and back down again.
From my understanding of jonnypips postings the close over the 21 is the first Elliot correction wave a followed by wave b back above the 21 and should stop at the 50% or 61.8% before turning into wave c back to the 89.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 142 KB
  • #31,167
  • Apr 17, 2020 6:31am Apr 17, 2020 6:31am
Ok Guys, gonna call time on this week as not much happening on my pairs. We have a +5.04% increase on the account so all in all not a bad week. There was a couple of trades that got me worried tho but happy I stuck with my decision not to close them. Have a good weekend
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
  • #31,168
  • Apr 17, 2020 6:58am Apr 17, 2020 6:58am
Im also calling it quits for the week

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (154).png Size: 33 KB
  • #31,169
  • Apr 17, 2020 7:04am Apr 17, 2020 7:04am
Quoting monty20
Im also calling it quits for the week {image}
Yo Monty,
You are getting +10% nearly every week now, I think your training is nearly complete young skywalker.
Attached Image (click to enlarge)
Click to Enlarge Name: Star_Wars_The_Rise_of_Skywalker.png Size: 136 KB
  • #31,170
  • Apr 17, 2020 7:18am Apr 17, 2020 7:18am
Quoting 40PipsAlan
{quote} Yo Monty, You are getting +10% nearly every week now, I think your training is nearly complete young skywalker. {image}
It definitely has been better since working from home these past few weeks but I am curious to see how it changes soon when I'm back at work
  • #31,171
  • Apr 17, 2020 7:31am Apr 17, 2020 7:31am
I'm still searching for a better way to trade from my mobile phone and see the charts better if anyone has any suggestions
  • #31,172
  • Apr 17, 2020 8:28am Apr 17, 2020 8:28am
you guys did much more beter then me
I have negative pips and positive money
but account growth is little, just 0.55%
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 24 KB
  • #31,173
  • Apr 17, 2020 8:36am Apr 17, 2020 8:36am
Quoting forexdg
you guys did much more beter then me I have negative pips and positive money but account growth is little, just 0.55% {image}
Hey forexdg, +0.1% is better than -0.1%.
keep at it. it will get easier
  • #31,174
  • Apr 17, 2020 8:45am Apr 17, 2020 8:45am
Quoting 40PipsAlan
{quote} Hey forexdg, +0.1% is better than -0.1%. keep at it. it will get easier
And when it does, let us know
  • #31,175
  • Apr 17, 2020 1:35pm Apr 17, 2020 1:35pm
OK guys here is a separate account that I started just at the beginning of the month (April 1, 2020) just as a test and give us an idea. I will post the final monthly results of this account at the end of the month. This is only 21 to 89 trades. Also just the pairs that I watch and I have missed a couple of them due to them giving the entry signal while I was either away from my pc or sleeping.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (155).png Size: 25 KB
  • #31,176
  • Apr 19, 2020 2:24am Apr 19, 2020 2:24am
Quoting monty20
OK guys here is a separate account that I started just at the beginning of the month (April 1, 2020) just as a test and give us an idea. I will post the final monthly results of this account at the end of the month. This is only 21 to 89 trades. Also just the pairs that I watch and I have missed a couple of them due to them giving the entry signal while I was either away from my pc or sleeping. {image}
Just make sure your rules are not complicated. And avoid signals that are substandard with respect to your rules...then be focused and avoid other tips from whosoever that will lure you out of this path you have chosen...I have done the same research many years ago, and I can tell the success rate or percentage of different scenarios of the 4 hour MACD strategy...the problem some new ones have is that they break rules by trying other things when they have not even master a particular thing....like the Jack of all thread syndrome, hope you know what I mean...But if you show good discipline I think we can can together help get things running nicely for you...many traders are just doing things randomly, maybe just trying to get a feel of the System. But that should not take long. There should come fast a time when one should really define what he or she wants and get the right plan to meet very serious life transforming targets or goals...reflect as well on the last post I made before this one.
I wish you well, you can make it.
Cheers,
Regards
  • #31,177
  • Apr 19, 2020 2:32am Apr 19, 2020 2:32am
Quoting naustingfx
{quote} trade plan is the answer. Before a trade is taken, a trader should already have stipulated apart from stop loss, and entry levels,but exit level as well. Then one should also know or anticipate how far the trade will move and there is need for exit strategies which spells out the risk/reward aspect of trading which is part of what is done during backtesting, and that is why back testing should be extensive... For example, for me, i have developed different exit strategies, depending on my analysis, i have the following exit strategies: Risk/reward...
please this is the post i said you should reflect on. I just pulled it up now. Thanks
  • #31,178
  • Apr 19, 2020 2:42am Apr 19, 2020 2:42am
Quoting naustingfx
{quote} please this is the post i said you should reflect on. I just pulled it up now. Thanks
Hi Nausting, I hope you are well. Just analysing AU, is that a shs pattern I can see on the H4 or am I seeing things that aren’t there. Cheers
  • #31,179
  • Apr 19, 2020 3:21am Apr 19, 2020 3:21am
Quoting 40PipsAlan
{quote} Hi Nausting, I hope you are well. Just analysing AU, is that a shs pattern I can see on the H4 or am I seeing things that aren’t there. Cheers
Hi Alan I am doing well and just feeling fine by Gods grace, and thank you for your care.
Of course, I will take a look at it and give you feed back...Aud/Usd is always on my screen, though for me it does not give much signals per month, but when it does it can deliver nice pips to you. I will switch to my computer soon and do extensive analysis on the pair and post it...it is a good thing to do analysis off weekend and prepare to take advantage of whatever the market does the coming week. Keep at it folk.
Cheers
  • #31,180
  • Apr 19, 2020 10:29am Apr 19, 2020 10:29am
Ok guys, my AU analysis time could be right or wrong,we will see. I am sure Nausting will put us right either way
On the daily we are in a downtrend with a possible retrace back to the 21 EMA. On the H4 we are in an uptrend with numerous bounces off the 365 and with what appears to be a head shoulders formation rejection of the TL from the daily chart. The first 21 EMA close over could be the A wave of an ABC zigzag correction pattern and a B wave back over the 21 EMA again. dragging a fib over this A wave shows the B wave is at the 61.8 level which would be about right for a correction pattern. I must admit that I have already gone short on this pair already because I always miss the market open candle as well as the following one because of sleeping. My TP level is the 89 so when I wake in the morning we will have a better idea of where this pair is going. Open to further suggestions
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 160 KB
11 traders viewing now