4 Hour Strategy (MACD) | Page 1046 | 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)

  • #20,901
  • Sep 6, 2009 3:52pm Sep 6, 2009 3:52pm
Hey man, i do not trade the GJ, was just looking through other pairs to observe. just learning the system to understand it better.

Thanks alot for ya help. hope to have a good week ahead. hope to see other great trades coming up.

Thanks again,

Andrew

Quoting xeneric
You are absolutely right. GJ has crossed the 21 EMA and pulled back to it. It is highly likely now that it will continue to the 89. However GJ is very difficult to trade and I would urge anyone wanting to trade GJ to trade it on demo first. It whipsaws a lot and this system was not designed with that pair in mind.

I want to commend you on your learning. It is clear that you have been working hard on understanding the system and you understand the price action.

Also, the BOE rate decision is on Thursday so there may be some erratic behaviour...
  • #20,902
  • Sep 7, 2009 12:14am Sep 7, 2009 12:14am
hey man thanks for the info. i am just testing / following e rules given by Phillp, so not looking to change anything.

thanks for ya help.

andrew


Quoting baco75
Hi Andrew,

looking back at the 4H chart on the GBPJPY I think it is more conservative to change Phillip's rule like this: once price breaks through the 21 it goes back to it and retest the 55EMA (sionsmith's new trendline..). I think you would get more positive trades (for example the 18th of august..) and the breakthrough shouldn't be shy...
Cheers
  • #20,903
  • Sep 7, 2009 1:48am Sep 7, 2009 1:48am
Hello every one,

TC forming in GU 4h with a BOZ in 1h lets see.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 28 KB
Click to Enlarge Name: 2.gif Size: 28 KB
  • #20,904
  • Sep 7, 2009 2:29am Sep 7, 2009 2:29am
Just a reminder about the US and Canadian bank holiday which means that it will be very quiet and price action will be erratic after the London session closes today.
  • #20,905
  • Sep 7, 2009 2:33am Sep 7, 2009 2:33am
Quoting nasir.khan
Hello every one,

TC forming in GU 4h with a BOZ in 1h lets see.
I am looking for a TC too. TC formed on 1 hr already with a nice large candle. Expecting it to go to the 200.
  • #20,906
  • Sep 7, 2009 3:09am Sep 7, 2009 3:09am
Sorry for troubling you guys, do you mind if i run something by ya?

attached is the chat of the gbpusd, 4hr and 1hr respectfully. i dont see a tc on the 1hr cht? and on the 4hr cht, the price did not touch the 21 MA, is it still tradeble to the 200 MA (blue)?

really sorry for troubling you guys.

Andrew

Quoting xeneric
I am looking for a TC too. TC formed on 1 hr already with a nice large candle. Expecting it to go to the 200.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd4hr.gif Size: 24 KB
Click to Enlarge Name: gbpusd1hr.gif Size: 21 KB
  • #20,907
  • Edited 3:37am Sep 7, 2009 3:23am | Edited 3:37am
Quoting andrewnair
Sorry for troubling you guys, do you mind if i run something by ya?

attached is the chat of the gbpusd, 4hr and 1hr respectfully. i dont see a tc on the 1hr cht? and on the 4hr cht, the price did not touch the 21 MA, is it still tradeble to the 200 MA (blue)?

really sorry for troubling you guys.

Andrew

It is a BOZ(break of zero mark) TC and is denoted by the vertical blue dotted line.
TCs on the 1 hour should be taken with caution as they are not as reliable as TCs on the 4 hr. If you take a TC on the 1 hr, it should be a big candle denoting good momentum. Don't take it if it is due to news. If it is a very big candle, you should wait for a retrace before entering.

On the 4 hr chart, the price is above the 8 EMA and all the moving averages are separated which means that it has good rhythm. If it moves too far ahead of the 8 EMA then it should retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1hr.gif Size: 34 KB
  • #20,908
  • Sep 7, 2009 3:29am Sep 7, 2009 3:29am
Quoting andrewnair
Sorry for troubling you guys, do you mind if i run something by ya?

attached is the chat of the gbpusd, 4hr and 1hr respectfully. i dont see a tc on the 1hr cht? and on the 4hr cht, the price did not touch the 21 MA, is it still tradeble to the 200 MA (blue)?

really sorry for troubling you guys.

Andrew
It's not necessary for price to touch exactly 21-EMA it's riding 8 EMA pretty well.

I don't see anything until 1.6500 now.
  • #20,909
  • Sep 7, 2009 3:44am Sep 7, 2009 3:44am
Quoting nasir.khan
It's not necessary for price to touch exactly 21-EMA it's riding 8 EMA pretty well.

I don't see anything until 1.6500 now.
It is currently facing some resistance now at the purple line but I am optimistic. On the other hand, it could be a reversal... but more likely to continue on.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1hr.gif Size: 35 KB
  • #20,910
  • Sep 7, 2009 4:07am Sep 7, 2009 4:07am
For those who don't get Phil's weekly anticipation via email, here is what Phillip wrote :

Hi
The weekly anticipation.
My sister is in hospital so I cannot send voice with pdf. She had a burst colon and was critical but have stabilized after operation. Infection seems to be under control at the moment.
I am away from home for the week until 13Sept.
Thanks
http://www.phillipnel.co.za/files/maillist/WeeklyAnticipation.zip

Thanks
Phillip
  • #20,911
  • Sep 7, 2009 4:47am Sep 7, 2009 4:47am
Quoting xeneric
For those who don't get Phil's weekly anticipation via email, here is what Phillip wrote :

Hi
The weekly anticipation.
My sister is in hospital so I cannot send voice with pdf. She had a burst colon and was critical but have stabilized after operation. Infection seems to be under control at the moment.
[font=Arial Narrow][size=3]I am away from home for the week until 13Sept....

Wish her good health.
  • #20,912
  • Sep 7, 2009 2:01pm Sep 7, 2009 2:01pm
Evening All,

Sorry I haven't been posting lately - been so busy! Anyways onto the trading there hasn't been much over the last week to really get excited about so haven't made any videos. I did trade NFP however - this is not MACD and I do NOT want to confuse the new people around here.

If you are interested then please visit:

www.youtube.com/watch?v=tJ7M6HVJ_G8

Any questions please ask.

Cheers WG
  • #20,913
  • Sep 7, 2009 3:37pm Sep 7, 2009 3:37pm
Quoting xeneric
For those who don't get Phil's weekly anticipation via email, here is what Phillip wrote :

Hi
The weekly anticipation.
My sister is in hospital so I cannot send voice with pdf. She had a burst colon and was critical but have stabilized after operation. Infection seems to be under control at the moment.
I am away from home for the week until 13Sept.
[FONT=Arial...
Hi, could you tell me how i can sign up to this weekly mailling?

Thanks
  • #20,914
  • Sep 7, 2009 4:42pm Sep 7, 2009 4:42pm
Quoting goldiger
My macd indicator is kinda messed up.
http://i29.tinypic.com/qot0n6.png

Look at those level lines are so close to each other. I think it's because my server price is 6 digits. Everytime I have to change the levels 15,30,45 in to150,300,450. What server are you guys using, which doesn't have this problem and is gmt2. thanks.

Hi, there is solution for your problem: http://www.forexfactory.com/showthre...04#post2820504
  • #20,915
  • Edited 2:36am Sep 8, 2009 2:15am | Edited 2:36am
BOZ on 1h with TC forming in 4H.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 22 KB
  • #20,916
  • Sep 8, 2009 2:54am Sep 8, 2009 2:54am
USDJPY.

Tc in 1H.


Half closed half at BE.
  • #20,917
  • Sep 8, 2009 3:05am Sep 8, 2009 3:05am
Hey guys

took ZB on GU. Missed at opening of New bar 8:00 but managed to get in at

E-1.6390
SL- 1.6310
PT - 1.6475

R:R was OK.

took first profit at 1.6440 (50 pip) previous high and Set Remainder at BE.

Final Destination at 200 SMA ..

your comments welcome..
shabbir

Edited: 2nd Target hit -- +75 pips.. I am out.. can't take risk..let see how london session perform.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 4hr.gif Size: 38 KB
  • #20,918
  • Sep 8, 2009 3:10am Sep 8, 2009 3:10am
Quoting gujjubond
Hey guys

took ZB on GU. Missed at opening of New bar 8:00 but managed to get in at

E-1.6390
SL- 1.6310
PT - 1.6475

R:R was OK.

took first profit at 1.6440 (50 pip) previous high and Set Remainder at BE.

Final Destination at 200 SMA ..

your comments welcome..
shabbir
Nice trade but i think don't wait for 200 SMA or 1.6500. cause there is some news coming out.
  • #20,919
  • Edited 3:57am Sep 8, 2009 3:18am | Edited 3:57am
Quoting gujjubond
Hey guys

took ZB on GU. Missed at opening of New bar 8:00 but managed to get in at

E-1.6390
SL- 1.6310
PT - 1.6475

R:R was OK.

took first profit at 1.6440 (50 pip) previous high and Set Remainder at BE.

Final Destination at 200 SMA ..

your comments welcome..
shabbir

Edited: 2nd Target hit -- +75 pips.. I am out.. can't take risk..let see how london session perform.
Great trade!!! On my chart, it just hit the 200 SMA - just before the news so good thing you took profit.
  • #20,920
  • Sep 8, 2009 7:58am Sep 8, 2009 7:58am
Hi,

Just to check with you guys, is the 4hr skype room that was mention on Phillip's MP3 still active? If so, how to i access it?

Thanks for ya help,

Andrew Nair
4 traders viewing now