4 Hour Strategy (MACD) | Page 440 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4 hour strategy (the nausbot - 4 hour trader) 25 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

Attachments: 4 Hour Strategy (MACD)
Exit Attachments

4 Hour Strategy (MACD)

  • #8,781
  • Nov 27, 2007 1:07pm Nov 27, 2007 1:07pm
Quoting unlv_tj
I have not posted much this week. I am a little upset with myself, but at least I have not lost any money this week.

I missed both the easy 4 hour trades on the EURUSD and the USDJPY on Monday.

Don't ask me how I over looked them, both set-up prefectly.

Today I missed a pretty easy trade on the USDCAD, due to being asleep (I can excuse that one at least).

And this morning, the EURUSD, GBPUSD, USDCAD, and USDJPY all look to be all over the place. Well the USDCAD looks to be riding very high, and no trade setting up anytime soon.

The EURUSD, GBPUSD, and UDSJPY all have broken through their 21 EMA's on this current 4 hour bar, and look to be entering a triangle mode.

Is anyone going to take any of these 3 pairs, trading them as if they were bouncing off the 21 in a TC, or is everyone waiting on the sidelines?

Crazy!

Monday was the day, I did not mess with the EUR did the GPB Sit tight I am sure we will have 5+ more good trade to come.
Keep taking CT trades, I need more money
  • #8,782
  • Nov 27, 2007 1:10pm Nov 27, 2007 1:10pm
Ryan, thank you for all the knowledge and experience you share here.

I really get A LOT out of reading your posts. You saying to "sit tight" has made my day. I don't feel like I am missing out on anything, so I am not rushing myself.

I took the USDJPY short trade you also took last Tuesday. I saw it took it, then let it run when I read your confirmation post (gave me more confidence). I know to not rely on anyone else for confidence, but starting out with real money, it did feel better.

Thanks again!
  • #8,783
  • Nov 27, 2007 1:56pm Nov 27, 2007 1:56pm
Quoting unlv_tj
Ryan, thank you for all the knowledge and experience you share here.

I really get A LOT out of reading your posts. You saying to "sit tight" has made my day. I don't feel like I am missing out on anything, so I am not rushing myself.

I took the USDJPY short trade you also took last Tuesday. I saw it took it, then let it run when I read your confirmation post (gave me more confidence). I know to not rely on anyone else for confidence, but starting out with real money, it did feel better.

Thanks again!

Glad I could help out, that's why I post Don't need the ego boost.
Keep taking CT trades, I need more money
  • #8,784
  • Nov 27, 2007 2:26pm Nov 27, 2007 2:26pm
EURUSD, GBPUSD may be setting up a long. Back to waiting
Keep taking CT trades, I need more money
  • #8,785
  • Nov 27, 2007 2:48pm Nov 27, 2007 2:48pm
Quoting Ryanmcd
You guys and your news / 1HR trade lol. I will stick with the 4hr and let you guys be the pick pocket traders

I know this wasn't directed towards me ....This was about a 2 hour ( I think ) pre-news trade....
  • #8,786
  • Nov 27, 2007 2:59pm Nov 27, 2007 2:59pm
Quoting Palmer
I know this wasn't directed towards me ....This was about a 2 hour ( I think ) pre-news trade....

lol Whatever makes you money.
Keep taking CT trades, I need more money
  • #8,787
  • Nov 27, 2007 3:01pm Nov 27, 2007 3:01pm
Quoting smnitro1
I used to go with CT's and this is the one system that almost makes it tempting for me. 100% winners this month since I stopped going against the trend. All you had to do was look at the usdjpy this morning. Perfect TC trades.
excuse me, CT and TC what is this?
  • #8,788
  • Nov 27, 2007 3:05pm Nov 27, 2007 3:05pm
CT = Countertrend

TC = Trend Continuation
  • #8,789
  • Nov 27, 2007 3:11pm Nov 27, 2007 3:11pm
shorted @ 1.4831

stop loss @ 1.4853

t1 @ 1.4805
t2 @ 1.4790

TC signal
Attached Image (click to enlarge)
Click to Enlarge Name: eur.usd30.gif Size: 23 KB
  • #8,790
  • Nov 27, 2007 3:17pm Nov 27, 2007 3:17pm
In case you wonder why people see setups that you dont understand.......this is an example of how different feeds can be....this is the same euro chart ...one is gmt the other is gmt +2 ..... one shows bearish pinbar other shows long bear candle....on the monday trade.... gmt+2 had you going long much earlier than gmt chart....on gmt chart move was almost over, making the risk reward bad..............pipip......Jimdandy

note: one has small sunday candle
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdgmt+2.gif Size: 35 KB
Click to Enlarge Name: eurusdgmt.gif Size: 31 KB
  • #8,791
  • Nov 27, 2007 3:19pm Nov 27, 2007 3:19pm
Quoting trader_scott
CT = Countertrend

TC = Trend Continuation

THX TC!
  • #8,792
  • Edited 3:38pm Nov 27, 2007 3:23pm | Edited 3:38pm
Hello,who gives live signals?/ and what pairs?? thxs

You trader scott??
Btw does anybody know if this strategy MACD 4hr is available for Tradestation?
  • #8,793
  • Nov 27, 2007 3:29pm Nov 27, 2007 3:29pm
I just gave a live signal for eur/usd. Depending on which broker you use, time zone, feed, etc. you might have a different signal or not as good of one.
  • #8,794
  • Nov 27, 2007 3:33pm Nov 27, 2007 3:33pm
also keep in mind I entered using the 30 min. chart. The 4 hour chart is the best in my opinion when you get a signal.
  • #8,795
  • Nov 27, 2007 3:42pm Nov 27, 2007 3:42pm
bought @.9968 & .9962
stop loss @ .9940
t1 @ .9994
t2 @ going to trail the 21 if the trend continues

I liked the bounce off the 21...but the signal was just a hair bigger then the last macd bar.
Attached Image (click to enlarge)
Click to Enlarge Name: usd.cad30.gif Size: 22 KB
  • #8,796
  • Nov 27, 2007 3:51pm Nov 27, 2007 3:51pm
txs Scott,was scalpin on the guppie...not good for blood pressure and nerves!
Will check with Neil about strategies for TS. up 7 pips on std lot on eurusd so far.
  • #8,797
  • Nov 27, 2007 3:56pm Nov 27, 2007 3:56pm
Quoting JimDandy
In case you wonder why people see setups that you dont understand.......this is an example of how different feeds can be....this is the same euro chart ...one is gmt the other is gmt +2 ..... one shows bearish pinbar other shows long bear candle....on the monday trade.... gmt+2 had you going long much earlier than gmt chart....on gmt chart move was almost over, making the risk reward bad..............pipip......Jimdandy

note: one has small sunday candle

JD: I'd keep that on hand for future posting reference. The question about different server times comes up every now and then...

NeilZep: I believe pips4uandme is a TS user...
  • #8,798
  • Nov 27, 2007 3:58pm Nov 27, 2007 3:58pm
thxs Palmer,will check with him.
BTW palmer,who else gives live calls here I can trade with until I learn the system and program it??
  • #8,799
  • Nov 27, 2007 4:21pm Nov 27, 2007 4:21pm
Quoting neilzep
thxs Palmer,will check with him.
BTW palmer,who else gives live calls here I can trade with until I learn the system and program it??
There are occasional live calls, but most are not. Learn the system by reading the thread and demo trading. When you do that I think you'll realize that most of the system (rhythm/filtering/emotion) will NOT be able to be programmed. You can get a jump start by going to post 289-291 (lessons from Phillip)

Good luck.
Eric
  • #8,800
  • Nov 27, 2007 4:27pm Nov 27, 2007 4:27pm
I moved my stop to 1.4838.
7 traders viewing now