4 Hour Strategy (MACD)

[quote=alexfot;1558955]Hi, Ira! Welcome back from your vacation! Hopefully the weather was good for you.[/quote

Thanks Alexfot, the weather is abnormally hot, like in Africa .

Info

It makes sense.

Thank you.

Max

Hey people...I've got some information for everyone.

I've taken it upon myself, with Phillip's blessing, to create a website that is dedicated to the 4 Hour MACD Forex Strategy. The site is on the web but some of the pages are still being created. It's not a fancy gee whiz site by any means, it's just straight to the point. There is also a trading blog where trades will be posted for the major pairs. All of this is a continuing work in progress. As far as the posted trades are concerned, right now Phillip and myself are the only ones that can post trades. Trades will be posted as soon as, or as close to, the actual trade entry or exit. The reason why the forum is locked is simply because there is no time to monitor the threads to keep the 'freaks' away. There is nothing to sign up for and no email is required for anything. The trade posts are open to everyone. These sites are in no way meant to take traffic away from the Forex Factory, there are several links that direct visitors back to this site anyway.

Why was the blog created?

From time to time there are trades posted here that are lost in the thread because it is so active. That's a good thing. The blog should make it easier to follow the trades without having to sift through the other posts. The posts will be trades only. There will be no questions about the method or hows or whys about anything. Just trades period. The Q and A is for this thread in addition to trades.

Why can't you register to post?

We can't monitor the thread...period. There are some people here that will be invited to post based on their postings here if they would like to. Give this a good week and you should see a PM about that. Again, we apologize that the blog will not be an open posting forum. There's just to much spam, flame, and people that have to ruin it for everyone. This is not a reference to anyone on this thread at all. The Forex Factory is the place to be and the Moderators do an excellent job keeping it that way.

Why is the blog good?

It will be trades and trades only and it should be easier to follow, the main reason way it was created.

Why is the blog bad?

This may turn out to be more work than anticipated, for everyone. We all have full time jobs, houses, and families to take care of so you know that story. When a trade is posted to the blog you will have to keep track of two websites. When a post is made to the blog it will be posted here as well but the thread should be easier to follow on the blog. I'm still learning the in's and out's about moderating the forum and I believe there is an email alert function that would send you an email when a new trade is posted. That just means more work for everyone and I'm trying to keep that to a minimum.

If the blog turns out to be too much work, the blog will just link back to this thread and that'll be it. It'll take some time to figure that out so we're just going to see how it goes. This may take some time to get use to for everyone so just hang with us for a while. A word about the ads on the site. Hosting a website and all of the extra fee's that go along with it isn't cheap. Clicks on the ads generate revenue, a very small one. If the pages look like ad overkill, my apologies.

Either way, check it all out and see what you think.

Just wanna comment on forumers effort to get the site going, especially palmer and philip.. In times of of their busy schedules, they took the time to setup the site for clarity of trades and method taught on this forum.. Really appreciated the effort shown.. Two thumbs up for you guys!!

Excellent idea.......looking good! Hope it works out in that it will not be too much extra demand on your time......every success to you!!

Thanks guys. I'm hoping it works out for everyone. It's going to be an interesting experiment.

Gotta go mow the lawn and clean out the cat box...see what I mean?

Hi

let us take a look on the daily chart .. daily trend .. fibo 50 .. I think there will be retracement towards 89 .. and waiting for 2morow when the macd over .. but the british market will be closed .. have a nice week and good trade

Thank you Phillip for mentioning me, it's an honor.
This is a written copy of above MP3 file "info" for those who have difficulties in understanding spoken English.

Thank you for the copy, Ira, and welcome back!

Good luck on your new site, Palmer! Hope it goes smoothly.

I'm new to this stuff, so forgive me for asking...what's "MACD"?

Looking at EUR/USD pair, I have made 2 assumptions:
1. high last candle hit 200 sma, and view here should be going short.
2. and the macd are forming higher high, view should be short,

So, is it a good idea to entry the market right now? (market time 22:49, it's like 7 hours ahead of me.)

Thanks.

heany:

For a MACD tutorial...check this out: http://www.investopedia.com/terms/m/macd.asp

Nice observation on the E$ and the 200. This also looks like one of Tam's three sisters...aye???? The candle has about an hour until the close but the 1hr is turning down. I'm always cautious on the Sunday evening moves though....

heany:

For a MACD tutorial...check this out: http://www.investopedia.com/terms/m/macd.asp

Nice observation on the E$ and the 200. This also looks like one of Tam's three sisters...aye???? The candle has about an hour until the close but the 1hr is turning down. I'm always cautious on the Sunday evening moves though....


try this chart...

hmmm, charts not posting well...

Guess who???

Started thinking (insert vomiting sound here) f-f-f-fundam-m-mentally about the Eur$ here...scary. Anyway, the durable goods orders came out way higher than expected last Friday, this was supposed to be good for the greenback. Buuut, the greenback fell against the EURO$. Also, Trichet speaks tomorrow morning about interest rates (red flag) at 9am EST USA. Be cautious with what is supposed to be happening with the news reports. My guess about the opposite reaction to last Friday's news was the credit/housing trouble over here in the states, where's Donna? People might be thinking that the Fed will lower rates in Sept again, and fixing our housing problems over here might overshadow everything for a while...wacky.

Another note about posting trades on the blog. I have MT4 sound an alarm at about midnight and 4am my time, for me that's late and very early. If I enter a position it's hard enough to see the micro size fonts that MT4 uses much less start typing for a trade post. Soooo, there's a good chance that some of those entries will not show up in the blog. It's all part of being human. I'm not sure who said it but it's gold..If you had a choice to have a 'super power' what would it be??? Flying would be cool but the power to not have to sleep would be close to it...

Trade well.

I'm Russian. Nice to meet you here.

Nive to meeet you too Rmax!

Palmer, what a great job with the site, wow, now I understand why you still didn't clean your room, did you?

As for the EUR, hmmm. There is huge bullish candle on the daily, on the other hand there is an IT. As for the 4H, the price didn't close above 200, which is good for short and MACD gives RT. But I am not sure.
People, did you notice how well evening and morning stars work on daily together with market rhythm? From the last one could be 200 pips up to now.

Hi

me too russian

Many thanks.

thanks.