4 Hour Strategy (MACD)

Quoting Bag Lady

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Hi there aihua5, welcome to the thread. I see your TL and this is often a good indication of where to put a TP level and/or move to BE / lock-in profit. The problem with your TC is not so clear. Are you waiting for the bar to turn green? The colour indicates direction. If the rhythm is bear, as you have correctly identified, then a red bar on the MACD is a bear TC. Green is for bull moves. Does this help? Let me / us know.

Rebecca,x.

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Quoting Palmer

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Hey everyone. I got back in town this weekend, glad to be home after talking to people where the majority of everyone's first name begins with 'Dr.', I prefer 'dude' myself.

I skimmed through the thread to get the weekly downloads, welcome to all the new faces. If you have the patience, this method will serve you well.

The website for Phillip's method is getting an overhaul and I may have it all posted tomorrow pending this wicked line of thunderstorms complete with tornadoes doesn't get the best of us right now. In case you haven't heard, the US Copyright Office granted Phillip a copyright for his work so nobody else can claim it. Congrats to Phillip!

Glad to be back here, I'll repost when the upgrade to the website is completed.

-Peace

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Quoting aihua5

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Thank you very much, Rebecca.
Yes, I am waiting for the bar to turn green.
I got it. My TC signal understanding was incorrect.
In MetaTrader platform it was one red bear TC. Excellent Point.
--Aihua

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Quoting Bag Lady

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Glad to help - sometimes the hardest thing is actually the simplest! BTW, don't forget that the rhythm is the most important thing. The MACD is just confirmation and should not be taken without first considering where price is (this is a note to all). I see that you have done your homework on rhythm, Aihua, well done to you! You will reap the rewards for your hard work, keep posting here and welcome to your new community!

Rebecca,x.

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Quoting aihua5

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I have read many pages of this thread but not all. There are so many pages till now.
And now I have understand the market rhythm which is the price movement around 8&21ema, 89&200sma. Breakthrough, pullback,...
But in some posts, guys mentioned that market motion. It seems that market motion is the same word as the market rhythm to this system.

But my instinct tell me they are different. I understood market rhythm but was confused by the market motion of this system. I did not find the answer for this puzzle.

Who can tell me what is the market motion of this system, what is the difference between it and the market rhythm? Or I misunderstand something?

Thanks in advance.

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Quoting bogdan

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Well congrats for the starter of this topic (for over 100 pages of posts), but there is ONE BIG PROBLEM: Everyone is good at finding signals in 2004-2006. I seems the internet is full of books, trading systems and stuff based on the past. I wonder if the starter of this topic can make a video-capture showing us how he trades in live account using his system and I pretty sure Profit will be less than Loss.

No strategy is good for more than 3-6 months, than it must be adjusted because the market is alive and responding, it's not a dead thing.

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Quoting aihua5

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Who can tell me what is the market motion of this system, what is the difference between it and the market rhythm? Or I misunderstand something?

Thanks in advance.

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Quoting >Apocalypto<

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Bogdan,

Firstly I find your post not only annoying but bloody stupid! i think the number of posts proves what the system can do. n the last 2 years I have read around 60 books on trading. I can tell you this, what Phillip has given is better then 80% of what I read and it's all with out charge.

Why don't u get off your ass and spend 6-12 months mastering the system, then u make a video of yourself making live trades and post it so we can see.

what do u expect from the man...... do some reading and be grateful!

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Quoting Bag Lady

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Hi Aishua,

Rhythm is the way price moves, or dances, around the MA's (bursts into song... rhythm is a dancer...). Look at the current GBP/USD chart; price crashes through the 200 sma on the 31st Jan, but, mindful of the rules, goes back to the 200 (rather as a young girl at a dance would go back to an elderly lady and her mother, just to be polite, before rushing off in the direction she was headed, arm-in-arm with the 8 ema). In this case, price goes back to the 200 and the 21 before continuing in a -2 bear rhythm until around the 7th Feb. This is rhythm.
If rhythm is a dancer, let's all rock this party!!!!

Rebecca,x.

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Quoting Ryanmcd

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Market motion and market rhythm are the same things to me, and to master this is just takes time. I used to test myself and look at PRICE only and could tell what is was going to do 85% of the time and be right. Last night I got long on the USDJPY and knew it was going up, I took 1 point because I am still sick and was not sure how much sleep I was going to need and I was right. What I would do is print out a few 100 days worth of charts and just go over them, you get a feel for the way a market moves and they all move the same because they are all people. Ever look at a car and try to guess what kind of person is driving it? Try this and after a few 100 cars you will start to know what kind of person is in that car w/o even seening them. The market is the same way because it's people running it, even if they have programs the people write them.

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Quoting Bag Lady

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Hi Aishua,

I interpret rhythm, motion and emotion as all slightly different but all working together to help analysis of a pair. This is only my interpretation and others may see things differently.

Rhythm is the way price moves, or dances, around the MA's (bursts into song... rhythm is a dancer...). Look at the current GBP/USD chart; price crashes through the 200 sma on the 31st Jan, but, mindful of the rules, goes back to the 200 (rather as a young girl at a dance would go back to an elderly lady and her mother, just to be polite, before rushing off in the direction she was headed, arm-in-arm with the 8 ema). In this case, price goes back to the 200 and the 21 before continuing in a -2 bear rhythm until around the 7th Feb. This is rhythm.

Where the MA's get tangled up together and price straddles them, going first in one direction then the other, this is where there is no rhythm.

Market motion is the activity involved in creating price movement. Large candles create large pip movements and fast motion. Look at the candles just before the 31st Jan drop. The bear (red) candles are larger than the bull candles, showing more activity. The rhythm is still +2 bull rhythm, but the motion is not really upward any more.

The market motion now begins to show some emotion (still with me?). There are lots of tails down to the 21 in the period leading up to the drop on the 31st Jan. This would usually indicate that price wants to carry on pushing up. But there is resistance to the desire to go up, you get a couple of spinners off the 8ema, and price plummets. This is the emotion showing in the candlesticks.

.... so, the emotion of the dancers (traders) shows in their candlestick formations and leads the motion (speed and direction) of the dance. The dance (price action in bull / bear market) has certain steps or rules that prevents it turning into chaos, these rules create the rhythm that you see on the charts.

Basically, it doesn't matter so much what you call it, so long as you always do a proper analysis showing direction and speed of price, type of candlestick formations now occurring, and position of the MA's relative to each other and to price. Do this before you decide whether to go long or short and whether to trade at all.

Sorry for the long reply, hope it makes sense?

If rhythm is a dancer, let's all rock this party!!!!

Rebecca,x.

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Quoting Bag Lady

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Hi Aishua,

I interpret rhythm, motion and emotion as all slightly different but all working together to help analysis of a pair. This is only my interpretation and others may see things differently.

Rhythm is the way price moves, or dances, around the MA's (bursts into song... rhythm is a dancer...). Look at the current GBP/USD chart; price crashes through the 200 sma on the 31st Jan, but, mindful of the rules, goes back to the 200 (rather as a young girl at a dance would go back to an elderly lady and her mother, just to be polite, before rushing off in the direction she was headed, arm-in-arm with the 8 ema). In this case, price goes back to the 200 and the 21 before continuing in a -2 bear rhythm until around the 7th Feb. This is rhythm.

Where the MA's get tangled up together and price straddles them, going first in one direction then the other, this is where there is no rhythm.

Market motion is the activity involved in creating price movement. Large candles create large pip movements and fast motion. Look at the candles just before the 31st Jan drop. The bear (red) candles are larger than the bull candles, showing more activity. The rhythm is still +2 bull rhythm, but the motion is not really upward any more.

The market motion now begins to show some emotion (still with me?). There are lots of tails down to the 21 in the period leading up to the drop on the 31st Jan. This would usually indicate that price wants to carry on pushing up. But there is resistance to the desire to go up, you get a couple of spinners off the 8ema, and price plummets. This is the emotion showing in the candlesticks.

.... so, the emotion of the dancers (traders) shows in their candlestick formations and leads the motion (speed and direction) of the dance. The dance (price action in bull / bear market) has certain steps or rules that prevents it turning into chaos, these rules create the rhythm that you see on the charts.

Basically, it doesn't matter so much what you call it, so long as you always do a proper analysis showing direction and speed of price, type of candlestick formations now occurring, and position of the MA's relative to each other and to price. Do this before you decide whether to go long or short and whether to trade at all.

Sorry for the long reply, hope it makes sense?

If rhythm is a dancer, let's all rock this party!!!!

Rebecca,x.

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Quoting Phillip Nel

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That is exactly what it is all about.
Thanks for it.
Phillip

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Quoting Hookem28

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Is anyone else having trouble opening the daily wrapup?

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