DislikedAnybody taking this TC away from 89ma. Philip has told us that TC away from 89 and 200 is always a strong move so let see how this play out.Ignored
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
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DislikedAnybody taking this TC away from 89ma. Philip has told us that TC away from 89 and 200 is always a strong move so let see how this play out.Ignored
DislikedNo but I took the TC on GU and bounce off 8 EMA. Am up 75 pips and still holding.Ignored
DislikedAnybody taking this TC away from 89ma. Philip has told us that TC away from 89 and 200 is always a strong move so let see how this play out.Ignored
DislikedHi, I took this trade but it reverses back up...I find that TC trades are quite difficult to trade. Could this be a low probability trade because there are lots of support below?Ignored
DislikedWe can say that it is a TC signal, but is it really a trend continuation pattern?
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DislikedCurrently the range is narrowing, which means one - the last trade out of the boarder might be false, but the breakout should be really big, so we must be prepared.Ignored
DislikedAgree. None of the TCs that we took recently were part of a strong daily trend. Even GU which I thought was going to make another leg down was actually in the midst of forming a double bottom. EU daily has been in consolidation for a while and the moving averages were coming together on the 4 hr and UJ is also in consolidation.Ignored
DislikedWill the 4hr system be quick enough to catch a breakout? What might be the MACD signals when breakout happens? Zero Break pattern? The other patterns looks like reversals signals. Continuation patterns also looks like will need the price to retrace a little before it shows TC.
I think my psychology is screwed up :-( Hope to get some lights here.Ignored
DislikedWill the 4hr system be quick enough to catch a breakout? What might be the MACD signals when breakout happens? Zero Break pattern? The other patterns looks like reversals signals. Continuation patterns also looks like will need the price to retrace a little before it shows TC.
I think my psychology is screwed up :-( Hope to get some lights here.Ignored
DislikedIra,
It has been a (long) while since I saw a post in a forex forum where a trader really understands a system and is able on top of that, to clearly and simply explain not only the strategy but also the subtle nuances which are a 'sine qua non' for a successful trading.
.....Ignored
DislikedNo, probably you won't get a MACD signal. But this whole strategy is not about signals. Phillip has taught us the greatest method of reading the market and market conditions. And if you know this, then you will know how to trade. MACD is only the trigger, and there will be the moment when you won't need it. Because you anticipate what the market might do, and when you see it doing it, you just open the trade.
[color=black][font=Verdana]Phillip has given us all...Ignored