DislikedWhat you call "cheating" has saved me from potentially disastrous trades! The 1hr confirmations are excellent to have in your arsenal.The MACD entry signals are probably the most reliable in forex!! WELL DONE PHILIP!! Missed a lot of signals because of day job!
2day.Ignored
Hi Doji,
I am a big fan of Phillip's MACD, but I have found challenging meeting both the trading method and my day job. My work schedule is the typical 9-5 EST. If you live in the same time zone, I would like to know how do you trade and match your job with your trading. I miss a LOT of good trades because of it (my job) and my trading hours are the very slow hours in the Asian session.[/quote]
I am currently doing a Daily MACD live demo testing of the same principles as the 4Hour system. Same rules and setups. Started the 26 of March only testing EurUsd, GbpUsd and UsdJpy. Stoploss is between 100-150 pips.
Are currently +381pips. Have closed some positions to early. Still need to get use that a position can be +70pips the one day and -40 the next day and +120 the next day and to let it run takes some real mental and emotional strength. One has to know price action to let a position run.
Will post results later during the weekend. Looks like 11 trades with only 2 losses. Will post each one.