DislikedOnce in a while we will experience such negative attitude, but its none of our business, because we know it works!! IGNORE IGNORE IGNORE!!! Period!!Ignored
Hope you have happy trades this week!
Pips
4 hour strategy (the nausbot - 4 hour trader) 11 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
DislikedOnce in a while we will experience such negative attitude, but its none of our business, because we know it works!! IGNORE IGNORE IGNORE!!! Period!!Ignored
DislikedYes I see what you are saying. But could macd also be setting up for tc pattern and a bounce off the 8? And if so how do we read that? I gues my thoughts would be we wait for tc to confirm up with room on the candle for a safe up move. Would that be proper interpataion???
ThanksIgnored
DislikedHey nadia, you have said what I have been trying to say.. Thanks nadia..
The euro speed has downshifted to the 21ema, so the steam of the uptrend might be slowing down.. Yes, as what Jim has said, we might have a bounced off the 8ema but are you going to take it when we are at 1995 High area. A resistance area 12 years ago comes back into play today. I'm not saying we cannot take it but we have to be cautious at this "playing field".Ignored
DislikedEurUsd
Hope you people took the aggressive turnaround as the market has found
resistance together with a rising wedge.
Entry 1.4494
SL 1.4532
1st TP at 21EMA
Let 2nd TP run with stoploss set to just above 8EMA for possible
breakout of wedge to the downside. If breakout occur set stop to
in-between 8 and 21 EMAIgnored
DislikedI noticed that BGP/USD has reached the lower trail, and i have notice also the bar have shadow.
So i made a long trade, i entered at 2.0812 and the SL is at 2.0782,
but it got my SL lose, the lower value is 2.0781.
So i am wandering is there any good suggestion on how to set the SL.
RegardsIgnored
Dislikedhi everyone,
i've downloaded and read through all the materials that i can get from the wesite and have been studying them from last month. One question occur to me tough, hope u can help me. As you can see from the chart that i've posted, we can see that the bar is closing in to 89 sma.
1. it can make a turn around and return to 21 ema
2. it can go through 89 and start to go down.
my question is, when do i get in the trade? do i wait until round bottom for no.1, wait until it go throughly 89 sma then i enter?
How should i think in this kind of situation, what should i wait?
please help, this question has nagging me for weeks.Ignored
DislikedI don't think it's a matter of where to place the SL but the side of the trade you took. MACD it's completely bearish, I don't see the point of going long, at least not with this system.Ignored
DislikedI'm also grateful to him and all others but I see no value of posting charts hours after they happened although this is not a 5min trading but a 4H trading, either post in realtime or not at all, this is not to spoon feed people but just to proof that this system works for people who claim it does, let one on them post trades for just 1 month and we will see if it realy works instead of just making hindsight claimsIgnored
Dislikedthere is a lot of discretion in this system, sometime the TC are taken, sometime are ignored depending on discretion, so as long as there is discretion we can't say this is a system, the descrition usually is an inner feeling not to go against the daily and weekly trend of the EUR which have been up for almost 2 years now but people try to put some reasons like trandlines which by themselves are discretionary and other staff like round numbers to give reasons for their discretion which as I said is mainly an inner feeling, once the new EUR downward trend starts you will see a lot of these discretions fail
another thing is that all these trades in the thread are in hindsight, nothing in realtime although we are trading a 4H system, I mean isn't it easy to post one line here just 5 minutes after u take a trade saying "buy EURO TP nnn ST mmm" and we will fugure u bought euro at the open of the current bar and these are the target profits/stop loss, forget about chat rooms just if someone takes a trade post this one line of 10 characters and later we can put the chart of that trade and why it was taken and how it evolved, but instead you will see many many hindsight charts here, hindsight works even with a simple moving average cross systemIgnored
DislikedHi Philip,
thanks for another great mp3. I have a question about one setup at the PDF. One bar after signal number one we got a TC to the downside. Doesn't this fit to the rules also? The price went down under the 21EMA again, retraced back to it and gave the signal. For me a good chance that the previous downtrend may continoue. How do you see it? Thanks.
Regards
JansonIgnored
Dislikedhi everyone,
i've downloaded and read through all the materials that i can get from the wesite and have been studying them from last month. One question occur to me tough, hope u can help me. As you can see from the chart that i've posted, we can see that the bar is closing in to 89 sma.
1. it can make a turn around and return to 21 ema
2. it can go through 89 and start to go down.
my question is, when do i get in the trade? do i wait until round bottom for no.1, wait until it go throughly 89 sma then i enter?
How should i think in this kind of situation, what should i wait?
please help, this question has nagging me for weeks.Ignored
DislikedHi! First off you need to decide what you want for a trade...are you looking long or short? If you were going short -- look for failure of the last Inside top pattern w/Macd still going bearish
##sorry, i'm newbee, what is 'failure of the last inside top pattern' means?
...than target the 89 for first TP (your stop would have to be pretty large if you entered now, and that isn't really worth it). Do you see all the long wicks on the last top (wicks to the upside?) A perfect entry was about 4 or 5 candles ago.
##at that time, how do u know that it's gonna go down? is it because of the hanging man?
Now you have MACD crossing zero line, and it could indicate a new direction for momentum...a sell entry around the MA's (8/21) w/stop above recent highs. Move to BE relatively quickly.
Or you could wait for price to move through the 89, pullback to the 8/21 and start moving away. The move away would be your entry point. Again, my charts are down, and I feel helpless b/c I can't see S&R...but I do know that failure of the second IT L area (first entry corresponded with inside top pattern, do you see it on your chart?) would most def. trigger a short w/a limit order placed ahead of time (I have to go back and look at your chart to see price).
##second IT L area?
If you are looking for a long, then wait for MACD to confirm upward momentum along w/price closing above your support line (if price bounces from 89 w/round bottom on MACD, and it pulls through 21, wait for it to pull back and start to move away). Does this make sense?
##sorry for all my silly questions, is that mean that, looking at the chart now, i should not thinking about it will go down through 89 and continue to go down?
You are trading on paper or on demo, correct?
i'm trading live using marketiva, with a very smaaalll amount of money, 1 pip = $0.05
Wishing you the best,
PipsIgnored