4 Hour Strategy (MACD)

Quoting Qman

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Phillip, and all you other regular posters (and you know who you are ), I can't thank you all enough for the effort and quality that you've put into this project to date. I've just caught up reading EVERYTHING. I'm not saying I understand it all, or that I even have anything to contribute at this time. I just believe you are OBVIOUSLY on to somethinng here and I am eager to become a part of it. I hope to have contribution in time. As for any other lurking new folks (I've been there doing that), it is a real chore, but absolutly critical that you go through the whole accumulation on this t.hread to understand, not only the system, but the method and mood of interaction on this thread. I hope we can all maintain the higher level achieved in this forum. We should all always remember, together we can become richer. Divided we will be poorer. But worst of all, we will cause other good people to miss a real life changing opportunity, and that is the ultimate potential sin of our greed. Let us continue to work together in this positive spirit. Thanks to all again.

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Quoting endy

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I have one piece of advice which might help you when preparing yourselves for this great method:
First thing, no doubt, is to read Philip's documents and even listen to his mp3s (Philip, again, hats down!). That is, to understand philosophy of the method.
After that, you should start to tune up your head and spirit for the method. For this purpose, I use this nice feature in MetaTrader:
Just browse somewhere in past (switch of the autoscroll feature) and keep hitting F12. Using this, you can train your skill on the current situation and by going into future candle-by-candle (using F12 key) you can see whether your decision few candles ago would work out or not and also you can reason as why was it not ok and what should be changed/noticed (in order to go to past candle-by-candle, use shift-F12).

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Quoting Phillip Nel

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Typing takes to much time. Hope MP3 is OK.

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Quoting endy

Disliked

I have one piece of advice which might help you when preparing yourselves for this great method:
First thing, no doubt, is to read Philip's documents and even listen to his mp3s (Philip, again, hats down!). That is, to understand philosophy of the method.
After that, you should start to tune up your head and spirit for the method. For this purpose, I use this nice feature in MetaTrader:
Just browse somewhere in past (switch off the autoscroll feature) and keep hitting F12. Using this, you can train your skill on the current situation and by going into future candle-by-candle (using F12 key) you can see whether your decision few candles ago would work out or not and also you can reason as why was it not ok and what should be changed/noticed (in order to go to past candle-by-candle, use shift-F12).

Ignored

Quoting endy

Disliked

I have one piece of advice which might help you when preparing yourselves for this great method:
First thing, no doubt, is to read Philip's documents and even listen to his mp3s (Philip, again, hats down!). That is, to understand philosophy of the method.
After that, you should start to tune up your head and spirit for the method. For this purpose, I use this nice feature in MetaTrader:
Just browse somewhere in past (switch off the autoscroll feature) and keep hitting F12. Using this, you can train your skill on the current situation and by going into future candle-by-candle (using F12 key) you can see whether your decision few candles ago would work out or not and also you can reason as why was it not ok and what should be changed/noticed (in order to go to past candle-by-candle, use shift-F12).

Ignored

Quoting DireXiv

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Hey guys,

I've been told by a trader I trade with that when weekend gaps show up, then they usually "fill" that voided space and then return to the trend that they showed us with the gap. So, in the AUD/USD example, it retraced all the way back, and is coming back up again on the lower time frame charts. The EUR/USD, is close to completely the retrace on the 30 min chart... will it come back up? The GBP/USD is retracing too... will it come back up??

Just wanted to say that since some of the newer guys (I am still one) may get a little stressed out on what to do after planning for a trade, and then get caught in a gap, or have an order in and get caught in a gap.

I have noticed this quite a bit, but there are always the exceptions.....

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Quoting DireXiv

Disliked

Hey guys,

I've been told by a trader I trade with that when weekend gaps show up, then they usually "fill" that voided space and then return to the trend that they showed us with the gap. So, in the AUD/USD example, it retraced all the way back, and is coming back up again on the lower time frame charts. The EUR/USD, is close to completely the retrace on the 30 min chart... will it come back up? The GBP/USD is retracing too... will it come back up??

Just wanted to say that since some of the newer guys (I am still one) may get a little stressed out on what to do after planning for a trade, and then get caught in a gap, or have an order in and get caught in a gap.

I have noticed this quite a bit, but there are always the exceptions.....

Ignored

Quoting putratrg

Disliked

There is still no clear move yet in Euro, I will wait for next bar for comformation.

stay aside is also a position

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Quoting Phillip Nel

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Have a great and succesfull week

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