4 Hour Strategy Macd+other Indicator 21 replies
DislikedPrice closed below 21. Move above it and close below 21 again with TC. A move to 89 is an anticipation. Meanwhile, I don't see it going to 89 in a single move.
sell GU @ 1.9908
SL @ 1.9925 above daily pivot; TP1 @ 1.9879, TP2 1.9861, TP3 @ 1.9832.
I will move to BE as soon as possible.Ignored
Dislikedi enter after retracement because i'm afraid nfp news will make market unstable, and don't like that big candle up and down.
DislikedNice one too. The candle after the signal candle open @ 1.9902 and that is entry point if the signal candle is not too big. So mine is also at retracement and entered when the price started coming down.
Meanwhile, there are some time when you will not even see any retracement before the market continue it way. It all depends on the momentum.
The market is quite now and can be frustrating sometimes because you may be thinking whether to close the market because is not moving in your directions for several hours. It will surely move. Let just be patient, plan your trade and trade your plan (Saka).
Also remember that we have seen LH and LL, so I am expecting 89 to be under attack.Ignored
DislikedHi fellowS traders,
Can anyone show me how to post a chart in the forum. Because I like to share my opinions on the 4 hour macd strategy. Now I trade for the living with this system very success, . Thank to master Phillip.
I'm from Canada.
DislikedHello, Does anyone here trade with Alpari UK platform. Any comments on how they are,
DislikedHi fellow traders,
Now, price trades below the 21 ema and finds support at the 55 ema and probably retraces to the 21 ema then goes to 89 sma according to the rules.
I wait for the retracement to the area of the 21 ema and probably I will initiate a short trade for target to 89 sma.
See all of you later