4 Hour Strategy (MACD)

Hello super typist. i am still at page 14 where i PM you. , will try to fininsh by tonight.I have saved your file. Thankyou for typing at the spped of lightning.
Its a bird , its a plane its Super Old Dog. !!!!!
nadia.
P.S, EVERYONE I AM STILL WORKING ON THE FIRST HALF OF THIS AUGUST WRAPUP POSTED BY PHILLIP. PLEASE DO NONT GET CONFUSED, I WILL POST IT ALL TOGETHER. THANKYOU FOR YOUR PATIENCE.

Hi. Can u please post zipped coppy from page 1- 25, what was your post#.
how can I get it.
Thanks

I am waiting for it, thanks for your hard work for us.

Rajah Kippling, move over,

Hey hipster this stuff is great,, Guess what story daddys telling the 4 year old tonight.

You should write childrens books.

Marty.

Ha Ha, but only as long as the bulls have nice short horns and bears cut their claws.

OLDDOG many thanks !!!!!!!!!!

Nadia, OldDog, is there anything left for me??? Or you have done all the work without me??? Nadia, let me know, please.

Hi all

G/U .. price retrace between 8 and 21 and look like showing trend continue .. so if the present hour on the 1h chart closed as TC and 4 H still showing Tc .. we can go long .. as the 365 and daily trend act as support .. so waiting is the best ..goodluck

Ammar

hello all, just took this trade, on the yellow arrow, this was TC pattern, and i set my SL few pips high from the 21,

and it turns to be a loss, and its ok to loss

im just wondering what drive the price to do that up move, i dont see any news, or may be my analysys was wrong


thanks

I am sorry .. I think I made some mistake as the macd shows RT .. with 365, dailty trend and high of yesterday act as resistance .. so short the GU and 1st target is 21 and next target is 89 unless the price bounching the 21 and went up again.

Ammar

Nadia and OldDog, you had given me one of the best birthday present - time! Thanks for doing that for me ! You are great.
The next wrapup is mine.

Hi guys...I wanted to share this chart with you on G/U.....

Noticed it w/the close of the dragonfly doji (think this was the first time I'd seen such a perfect one...freaked me out...had to look it up in Nison's book).

What is interesting about the chart is really 3 things...

1) did you notice the double top forming? This was my first clue to short G/U, but I didn't really have confirmation w/the dragonfly...just an FYI.

2) The dragonfly wasn't only potentially bearish b/c it opened and closed at same price at top of strong upmove...but it was a tweezer top too...and the third candle as well...all had the exact same high! The high was also lower than the previous top pattern's high (I identified the IT Low...the High is the highest wick on the top to the left of current pattern).

3) MACD was forming a really nice RT on the 4 hour chart. Really got me interested...

For some reason, I wanted to see a longer time frame, but not the daily. (Because I was really interested in that tweezer doji). I flipped to an 8 hour chart and price was smack dab at the 89 (and below it) & MACD was divergent on that time frame). Now, I was really interested and shorted the pair at 2.0145 w/a stop that made me uneasy at 2.0228 (anybody notice my stop would have executed if price went to the 200?) Anybody wonder why my stop was so far above 2.0200? Yup...I feared the stop runners going for the newly established short positions....Then I lost my internet connection! (This day has been rough..oh well happens sometimes! ).

The funny thing is...I think it was good that I lost my connection...I was going to mess w/the trade. I literally got the connection back about 30 minutes ago. I lot has been cashed for profit +60 (thank goodness for TP's made in advance)...two are still riding (But I'm not going to move it to break even quite yet...??). I'm going to target about 20 pips above the 89 at 2.0018.

Here's the chart for you guys to look at. Even though posting trades in advance scares me a little (I'm afraid someone will take my trade and lose heavily...and I don't like that thought at all! Makes me sad ....I'm going to join Palmer and Phillip on the 4 hour website trade blog (gulp)...and will provide reasons for trade entry/pending order on the forum. I'm sort of scared...have to be really disciplined now .

Hope you guys can see what I'm pointing out in the chart. You guys are aware you can click on the chart and a huge version pops up, eh? I found out by accident and was really happy! Just click and poof...a beautiful readable chart (sorry I'm rambling...haven't slept for along time...want to close this trade so I can sleep...guess it will be moved to BE and trailed...)

Happy trading all! May your pips multiply exponentially!

Pips

Happy birthday Ira, I start to see a triangle formation on e/u ,a/u, n/u and many yen pairs maybe after the news today something big can happen.
Have nice pips.

Good morning ALL!

Mike - I am getting your Skype messages late. First one was 2 hours late :surprised . Last one was 20 mins late. Sorry, I am NOT ignoring you.

Pips4uandme - GREAT observation! Thanks for sharing.
I was focusing and scalping some shorts on the eur at the same time so I did not see gbp price action. I see the gbp retraced to the 61.8% fibo of yesterdays move up. Typical of the pair after a big move.

I took a short on the eur after it hit its high yesterday which made a triple top on the chart. Shorted to the 21ma and then closed the trade thinking it may continue up. I re-entered when it broke the 21 and closed at 3609 which is just shy of the 61.8% fibo retracement of yesterdays move.

I am flat now. No telling what will happen with the news today. Who knows what the market reaction will be? I was told by a fundamentalist trader that many NY traders are on holiday and volume will be less than usual.

MAKE BIG PIPS EVERYONE!

Just hit my target on the EU (Thanks yet again, Phillip). Took the RT at 4:00 EST after it punched through the 21 down to a hard stop right at my TP! I am 75 % accurate this week with my only loss from a 5Min trade that was 1 pip away from profitable. EU is in a nice rhythm right now and the system is right in step.

In lieu of sleep, I figured I needed to catch up on reading this thread (i was 2 days back). Phillip thanks for the Aug summary - really good stuff. I will go through all and compare how/what I did.

Palmer,
Web site is coming along nicely. Is there anything I can do to help? Please let me know.

Happy trading, Y'all
Rick

Hey BeerMan, nice analysis by looking at the even larger picture. Those lost internet connection always seem to happen at the worst moment.

Foricks, thanks for the offer, I'll let you know

Keeping my eye on the $Yen...looking weaker

Just saw that the GDP comes out in about 10mins...For some reason I've got a weird feeling about things right now. Even though the E$ and $Yen have been 'good to me' this week...can't explain it. With some of the pairs moving in tandem with the markets and every other word you hear on the news is about interest rates and the currencies reacting to the daily spin, my itchy trigger finger isn't very itchy right now.

Anyway, does anyone know what today is? What marvelous, wonderful, stupendous,...etc. day that today is???

C'mon...take a guess...pips4uandme told me that she'll deposit 100 pips into your paypal account if you get it right...

Its your Birthday!!????
Other than the fact that it is Thursday.

Hello everyone , here is the written document for the recent MP3 by phillip for Euro august trades. I have tried to be as accurate as possible. Old dog and i split the task.The first file is from page 1 to 24 and second is page 25 to end . and the third file is the pdf with the charts . We hope it will help u guys. Thanks.
Nadia.

noooope...

Today marks the kickoff for the college football season!!! It's finally here.

ROLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL TIDE ROLL!!!!