4 Hour Strategy (MACD)

Videos

Edit
Was taken out on AudCad for -24 pips

the 21ema the 150ema .support line ,trend line . but this pairs is so suck. i am not sure .

Thanks in advance. I have watched all your recent videos I now understand the system better.

***Remaining in the Spirit of this Thread/Strategy***

Live Performance of Strategy!

Tested and Trusted:

God Bless Phillip Nel

EURGBP/7:00 candle/GMT+2/ 19th/20th May 2011

Great folks! I am on board again just to post a quick update of a trade plan which I actually took. The trade ran successfully for two days and was fulfilled before weekend.

Brief Market Analysis:
Price got stucked between the moving averages in the H4 (...sorry, I did not show the chart here...). I quickly switched to the one Hour chart/time frame-H1 for clarity of price price action and market behaviour. What did I see?
The following showed up:

1. Price making Double Top

2. Price making Double Top + MACD Divergence

3. The Head and Shoulder Formation on the MACD- a strong reversal pattern...

These points above make up a very powerful scenario for price/trend reversal - (Phillip Nel) - MACD system-2007...
Ya, so entry was made at the close of the bearish engulfing candle, the 7:00 candle close. Stop loss was set, and take profit targets/levels set as well...
SEE CHART FOR DETAILS....

COMMENT;
Like I said in my earlier posts; when I see a strong reversal set-up, I always apply the Fibonacci retracement tool, and I take profits according to the Fib levels- 38.2, 50.0, 61.8, etc as the case may be. I did that in this trade as well, and according to the chart, you will see how price responded to these levels....I also take profits according to long term trendlines, moving averages, etc...PLEASE SEE MY CHART FOR (8) POINTS WHICH I HAVE LISTED ON HOW I TAKE PROFIT - TAKE PROFIT LEVELS/STRATEGIES...all of them are according to PHillip NeL's concept...

Gloria in Excelsis Deo!

GOD BLESS YOU ALL!!!

Hi Philip,
I am enjoying the unending education from you. As i was looking at your videos i realized that when you are adjusting the SL or TP you drag the respective lines. Please if you don't mind can you share the indicator you are using to do that. Thank you.
Eddie

Try this ... may be right for you ...

py.sy. Thank you Phillip for your system, it really works! All success!

I apologize for my English

Hammerhead; how is you day going?...wishing you the best...!
Ya! just wanna post you the update asper the UsdChf, 7:00 candle close, GMT+2/ the 19th of May, 2011...
Any comments...Market Rhythm-the actions on humans presented to the world in the way of charts...the chartists analyse the charts according to certain logics and are able to forcast where the "Big Dogs" are heading to... that is the "Holy Grail " we all need.

God Bless Phillip

on weekly chart ,we can see the 21ema resisted bullish 2 times ,and the close price under 10ema,so bullish is weak ,in my opinion. BUT, on daily chart and 4h chart ,21 ema has gived price strong support .maybe we should wait for a chance on h4 chart as you can see .

on h1 chart ,unless price closed above the orange area ,or bullish is difficult .

Chartists are Fundamentalists

***we trade the News***

Excursion/Reminder

...Market Rhythm-the actions of humans presented to the world in the way of charts...

People/traders get information (News), the interprete the information, the now make decisions according to the interpretation of the information obtained; and with respect to the decisions made, actions are being taken:

These actions are presented in the form of bars/candles,charts...the chartists now analyse the charts/human behaviour according to certain Logics, and anticipate or forcast where people/the world financial markets/the "Big Dogs" are heading to. We flow according to the potential of the "Big Dogs"...that is the "Holy grail" we all need... that is Forex trading....Courtesy of Phillip NeL

Thank you so immensely for all your support. Even the headen are flying your flaggg...

If I may ask; when is the 3 weeks vacation going to elapse? I solicit for more days to be added to your holiday...

My greetings to your house hold.

Peace be with your Soul!

Hi
Copy all the summary split files into one directory and then double click the Summary.zip file after renaming the files as indicated below and use the normal extract. It will then stick the file together again. It works on Winzip. Dont know of other zip softwares.
Thanks
Phillip

Summary split 05.zip Rename to Summary split.z05
Summary split 04.zip Rename to Summary split.z04
Summary split 03.zip Rename to Summary split.z03
Summary split 02.zip Rename to Summary split.z02
Summary split 01.zip Rename to Summary split.z01
Summary split 07.zip Rename to Summary split.z07
Summary split 06.zip Rename to Summary split.z06

Keep Summary split.zip original name. Use this file to double click and extract as normal.


JUST GIVE ME A POST IF THIS WORKED. THANKS!!!!!!!!!!

As per previous post

I have added a video how to install the files andd extract it to one file.

Hi philipp

Sorry ,cannot open the files .........

as a member you could have them posted on the other server ?

Thanks

I have added a video how to install and extract the videos on the third post
Phillip

Thank you very much drweb. i will try when the market opens.

hi Phillip,
I did exactly like you from the video but I cant exctract it

was glad to help ... forgot to say that this advisor ...

Quoting Phillip Nel

Disliked

Hi
Copy all the summary split files into one directory and then double click the Summary.zip file after renaming the files as indicated below and use the normal extract. It will then stick the file together again. It works on Winzip. Dont know of other zip softwares.
Thanks
Phillip

Summary split 05.zip

Ignored

Quoting Phillip Nel

Disliked

Rename to Summary split.z05
Summary split 04.zip Rename to Summary split.z04
Summary split 03.zip Rename to Summary split.z03
Summary split 02.zip Rename to Summary split.z02
Summary split 01.zip Rename to Summary split.z01
Summary split 07.zip...

Ignored

Hello all,

I have been reading this forum for about 18 months, and I would like to contribute back, as this forum, and Phil have done so much for me.

Under windows 7, follow all the above, BUT, doing a rename in windows explorer does not work, but this process does work:

1) Click on the start button.
2) At the "search files and programs" type cmd then hit enter.
3) This will pull up a terminal.
4) Go the directory where you have saved all the summary split files. You should see (when entering dir then enter):
summary split.zo1.zip (and others)
5) rename the files with the typed command:
ren "Summary split.z01.zip" " Summary split.z01"
The spaces and quotes are vital.
Repeat the process for all the files. Simply hit up arrow and rename the number(s) and hit enter for each command. Verify with the dir-enter command that all the files have been renamed correctly.
6) Now in windows explorer, follow the rest of the directions that Phil explains in the video. I have a 10 meg working video on my screen right now.

I hope this helps matters for some.

Kevin

For me the extraction worked, however I had to redownload some files. Now going back to watch the summary, thank you Phillip.

@NViet - what program do you have? Are there any error messages while extracting? WinXP or Vista/Win7? For Vista/Win7 read the previous post (there can be some UAC problems too).

Here is the video in 6 parts seperate

Looks like we are running in to much trouble with the different operating systems.