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Phillip Nel Cliffnotes (shortcut) 4 hour system

  • #1
  • First Post: Jul 3, 2007 7:52am Jul 3, 2007 7:52am
Can people profiting from Philip Nel's system contribute to how Philip Nel MACD 300+ Pips per month system evolved. Or how you trade it.

i.e
-First was his PDF
-then MACD 1.04 indicator
-Japanese candle stick pattern
-support resistance
-swing trades?
-1hr conformation?

I have been reading this tread a little while after it was created. The thing is i work 12hrs a day so i only can read Little a night before i go to sleep. Ive read a lot but its hard to keep up with how this system is evolving. Ive read his pdf but noticed people are trading a lot of new ways in the recent threads and wanted to know more of what else people a using in conjunction with this system.

Thanks Phillip Nel for sharing with all of us your wonderful mind and insight to how you trade, and thanks in advance for anyone who helps put the new evolution of his system and contribute like how Phillip Nel did for all of us.
  • #2
  • Jul 3, 2007 9:40am Jul 3, 2007 9:40am
Quoting highschooldropout
Can people profiting from Philip Nel's system contribute to how Philip Nel MACD 300+ Pips per month system evolved. Or how you trade it.

i.e
-First was his PDF
-then MACD 1.04 indicator
-Japanese candle stick pattern
-support resistance
-swing trades?
-1hr conformation?

I have been reading this tread a little while after it was created. The thing is i work 12hrs a day so i only can read Little a night before i go to sleep. Ive read a lot but its hard to keep up with how this system is evolving. Ive read his pdf but noticed people are trading a lot of new ways in the recent threads and wanted to know more of what else people a using in conjunction with this system.

Thanks Phillip Nel for sharing with all of us your wonderful mind and insight to how you trade, and thanks in advance for anyone who helps put the new evolution of his system and contribute like how Phillip Nel did for all of us.
Hi,

The system is still the same as the very start of the thread, the only thing is that more information about how to read the market has been provided.
The best this you can do is pick 1 or 2 pairs and stick to them, back test and follow the posts while demo trading. Meanwhile start reading from the start of the thread.

I know its alot but nothing is easy.

-D-
  • #3
  • Aug 6, 2007 10:43am Aug 6, 2007 10:43am
All this other things Nel is talking about are things you should be aware about (and be able to apply) if you want to be a successfull forex trader. It doesn't matter what system you use, these are things you have to know. I think there are very few systems that can be profiitable in the long run without stuff like fibos, support/resistance, trendlines etc taken in to account for.

I'm still reading Nel's thread and James16's thread and hopefull I will someday have the foundation to stand on. And be able to choose a system I see fit and apply all this other things onto that system and finally be successfull trader =)

Just my 2 cents
  • #4
  • Aug 12, 2007 4:24am Aug 12, 2007 4:24am
Quoting highschooldropout
Can people profiting from Philip Nel's system contribute to how Philip Nel MACD 300+ Pips per month system evolved. Or how you trade it.

i.e
-First was his PDF
-then MACD 1.04 indicator
-Japanese candle stick pattern
-support resistance
-swing trades?
-1hr conformation?

I have been reading this tread a little while after it was created. The thing is i work 12hrs a day so i only can read Little a night before i go to sleep. Ive read a lot but its hard to keep up with how this system is evolving. Ive read his pdf but noticed people are trading a lot of new ways in the recent threads and wanted to know more of what else people a using in conjunction with this system.

Thanks Phillip Nel for sharing with all of us your wonderful mind and insight to how you trade, and thanks in advance for anyone who helps put the new evolution of his system and contribute like how Phillip Nel did for all of us.
HI highschooldropout

I spent a few weeks reading this thread . I now is very hard work and parallel i traded and try to use new knowledges in demo account. My opinion is :
--very very very careffuly red all Phillips contributions of course
--- focus for contribuations of nicks : palmer,ira,pips4youandme(are excellent),alcastro,tamkras,digitalidean,bill2205 (sorry if I forgot somebody excellent contributions) nice work from olddog for people that have not english native .....
----best for me is read and try in detail every Phillips wrap up,anticipation, and some example trades
GREAT JOB FROM Phillip and nicks above -- I think their patience is not possible appreciate by words
THANK THANK
  • #5
  • Aug 30, 2007 12:40am Aug 30, 2007 12:40am
Hi,

this forum is simply amazing with contributors such as Philip Nel.
I found this forum yesterday and I know, I haven't read most of the postings.

I use mgforex but I can't draw the good MACD chart as formulated in Philip's system. Can anyone suggest a good forex platform without monthly maintainance fee?

thanks.
  • #6
  • Sep 3, 2007 7:54am Sep 3, 2007 7:54am
Quoting incredifx
Hi,

this forum is simply amazing with contributors such as Philip Nel.
I found this forum yesterday and I know, I haven't read most of the postings.

I use mgforex but I can't draw the good MACD chart as formulated in Philip's system. Can anyone suggest a good forex platform without monthly maintainance fee?

thanks.
just open a demo account with a mt4 platform broker like alpari and use the mt4 platform works very well. just google for alpari .do your trades on your platform
  • #7
  • Sep 4, 2007 8:50am Sep 4, 2007 8:50am
thank you.
  • #8
  • Nov 21, 2007 12:22am Nov 21, 2007 12:22am
Quoting kuky969
HI highschooldropout

I spent a few weeks reading this thread . I now is very hard work and parallel i traded and try to use new knowledges in demo account. My opinion is :
--very very very careffuly red all Phillips contributions of course
--- focus for contribuations of nicks : palmer,ira,pips4youandme(are excellent),alcastro,tamkras,digitalidean,bill2205 (sorry if I forgot somebody excellent contributions) nice work from olddog for people that have not english native .....
----best for me is read and try in detail every Phillips wrap up,anticipation, and some example trades
GREAT JOB FROM Phillip and nicks above -- I think their patience is not possible appreciate by words
THANK THANK
Couldn't have said it better myself! The truth is that the thread itself has become a system because of all its contributors. As kuky969 says and what sticks out for me is to focus on the contributions that these people kuky mentions. The best is, if you have a question, someone in the forum will answer it, maybe even two or three different answers to shed light three different ways.

Also you get contributors like Irusoh and Owkenobi who amongst others provide us simple folk with indicators. We don't need to know how they program it - just that they provide them and we can use them.

There is no simple way. The markets can be ruthless - they don't care who you are, they just move. With a proper background you can take it on - as Phillip says "Let the market come to you". But that proper background means reading, studying and understanding.

The best news is that its still the same from post 1
  • #9
  • Jun 3, 2009 12:31pm Jun 3, 2009 12:31pm
Does anyone have a trade station strategy written for the 4 hour MACD based on Phillip Nel's system ? It would be greatly appreciated.
  • #10
  • Last Post: Jun 4, 2009 5:12am Jun 4, 2009 5:12am
he has a great trading system with his 4 Hour strategy, you should try

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