Sorry for the late Mp3. Had a meeting.
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4 hour strategy (the nausbot - 4 hour trader) 11 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
Dislikeda lot of discussion is going on again re: round top and trend continuation. Remember the 1 hour MACD can give us a good idea if it is really a round top or if we may see a TC.
Also, pay attention to price action. It is critical to know what your pair is doing, where it is, etc. If you pay attention to price action and follow MACD signal you will make pips!
This month was a bit slow. However, I have managed to bank 191 pips with only 1 losing trade for the month. Didn't trade alot and only focused on a couple of pairs. Know the pipage is very small compared to all you yen traders, but I'm learning about their movements and will be adding to my arsenal soon .
Remember, this is a full bodied system. We need to become adept at many basic trading techniques. Practice and follow and you will be sucessful!
Best to all,
PipsIgnored
DislikedI have a question for you guys. Sorry I'm a newbie.
How can I make MetaTrader show me when the 4 hour bar will close?
Thanks a lot !Ignored
DislikedUSD/CHF broke through the 89 MA. to the north.
MACD showing continuation from a RT in 4hr.
1 hr had a TC long. Jumped in.
Now the 1hr has shown a red bar and some kind of flatop formation.
Grrrrr!!!!
I don't see any other trades in my pairs (E/U; G/U; U/J; U/Can)Ignored
DislikedThe 1 hour could signal a trend continuation just as easily (no MACD divergence) so be prepared...in the mean time I plan to take Jasper Friendly Bear's adviceIgnored
DislikedHey all,
Just goes to show you that there are more than 1 ways to skin a cat. I originally took this entry at 1.1290 after the second morning star on the 15 minute after checking out the 1hr MACD and saw the T/C. I got out for the news this morning to protect my profits. I then re-entered on the T/C on the 4 hr. I have made 55 pips and my stops are moved to B/E. The huge bummer is when it retraced back for the bounce off the T/L I was at work. If I had been home I would have drew a counter on the first red candle I saw and exited when it broke that. Then I could have gotten back in on the bounce with double lots and really been up by now. I expect this to go all the way to the top of the channel (1.1425) by time its done. I intend to ride this trde until it hits the channel top or breaks that uptrend line it is currently riding on
JIgnored
DislikedI'm seeing some oportunity for a long USD/JPY.
Do you guys see it? Am I wrong? Round bottom going upwards.Ignored
Dislikeda lot of discussion is going on again re: round top and trend continuation. Remember the 1 hour MACD can give us a good idea if it is really a round top or if we may see a TC.
Ive listened to Phils one hours stratedgy and reading what youve said pips it seems that if you have a RT or RB forming on the 4 hour then the confirmation signal on the 1 hour is a trend continuation. Am i right in assuming this?
ThanksIgnored
DislikedPrice:155.72
Stop Loss:155.33
Take Profit area:165.40
Took Trade on the round bottom MACD 4H at 4:00 with MetaIgnored
DislikedMy advice would be to learn how. Cheers!
Actually, here is the indicator for MACD color. You can go into the properties of it and changes the colors to whatever you'd like. Enjoy!Ignored