DislikedIf I may add to your comment, jland, it is very important to learn all the basic components of Phil's strategy - MACD patterns, price levels, SMA's and PA such as doji, tails, etc. Then you can apply your own knowledge of the market as your experience and account grows.
As a near example with USD/CHF. Look how many times in the recent past this pair tried to break thru an important price level 1.2200. Was it taken? MACD strategy teaches us to take advantage of such price action. And wait for the 4Hr close all the time...Ignored
Well said Tamkras. I couldn't agree more! You said it right! As Phil always reminds us not to take every signal the MACD gives. Every now and then I still read the manual Phil has made and much more always look forward to the trade reviews from Phil! Congrats on your trade! Looks like you'll be having steak tonight! Goodluck to everyone!