Dislikedi missed this one . but on the 4h chart, there are the down lines . so ,,,,,Ignored
The videos attached with the chart show why I got involve.
4 Hour Strategy Macd+other Indicator 21 replies
DislikedI can see that you are giving advanced stuff. Although i have read much of your stuff i could like to know the win rate for TC setups and if you have some charts of the trades you have taken on that setup alone.
***Remaining in the spirit of this Thread/Strategy***
UsdCad/8:00 candle/GMT+2/ 17th May, 2011
This is a quick update for the trade I took yesterday which I posted immediately I took the trade-page 1614, post 24203, the previous page. I took the deal and I went to bed. The next day, 18th May 2011, in the morning hours, I locked in 30 pips...the trade is still running, the full potential not yet reached...but I have closed all postitions for I have to fulfill an appointment which will keep me away from my computer for a very long time...this trade was on through out yesterday, the 18th of May, and it is still on presently, as at the last time I logged in, 01:00, May 19th, 2011...
Market Analysis: A little addition or detail to the analysis on page 1614, post 24203, where I posted the trade immediately I took it. I will be posting the FULL ANALYSIS on probably weekend for a SHORT, and LONG TERM market analysis as to the FULL potential of my plan for this trade...this trade could continue in its course according to my plan up to this weekend if the market continues smoothly....
A MACD Divergence in the H1 time frame; and price finding resistance on the the Daily trendline as seen on the H4 (chart) time frame....
H4 Time frame Analysis:
Now on the four Hour chart, according to our strategy, price was finding a strong resistance on this daily trendline where the market has established its speed. Price finding resistance on the Daily trend line as seen on the H4 chart, price finding resistance with a long tail, and a sell pressure, also making a MACD Divergence slightly, ...
H1 Early Enty:
I switched to the one Hour time frame, and there was a clear MACD Divergence. So entry was made approximately at the close of the 8:00 candle, GMT+2 time zone.
Stop loss was set, and profit targets are according to the moving averages, trend lines, and the Fibonacci levels...
SEE CHART FOR ILLUSTRATION
God Bless Phillip
Dislikedi'm a newbie from china. Just finish reading the whole threads of phil 4h system. It's amazing! Powerful and wonderful system i think.
I used phil 5min system before this one. I like 4h more as it doesn't need me to stay at the computer all the time. It's more profitable i think too.
I've done some trade with this 4h system. Result is be. I think i'd better pay more attention to the chance but not take them all.
Good luck for everyone!Ignored
Gloria in Excelsis Deo!
God Bless Phillip
Disliked***Remaining in the Spirit of this Thread/Strategy***
EurGbp Pair/7:00 candle close/GMT+2/ 19th May 2011
One Hour early entry on the EurGbp; Price has made a double top, also making a nice rounding; also MACD Divergence....that was a setter...trade was ripe...excellent risk reward ratio...
Comment: All the trades I post here are my Live accounts.
The whole edit is as seen in the chart. Have to post immediately. God Bless everyone and grant everyone the insight to become perfect...Ignored
I could not finish the first video due to some thunder but explain it in the second one.Ignored
Dislikedprice breakout the up-trend line ,and then pull back to the 21ema. so i went to short it ,and SL above the 50% fib . am i right ? thank you .Ignored
DislikedThis indicator shows MA's in other TFs in any TFs you like.
Here you could see 21 EMA H4 in M15 TF