Hi. I'm trying to set up this MACD. I've tried all of them but I dont no what i'm doing wrong. It's the Y axis values. When I add the 15,30,45,-15,-30,-45 lines they appear very close together on all TF except the 1 and 5 min. I can see the values on the Y axis get high the longer the TF so how is it possible for the values entered to stay static for you all but for me they squish together...
I found a no lag MACD which I found worked ok but this one Phil uses is the one I want but isn't working...
Hi. I'm trying to set up this MACD. I've tried all of them but I dont no what i'm doing wrong. It's the Y axis values. When I add the 15,30,45,-15,-30,-45 lines they appear very close together on all TF except the 1 and 5 min. I can see the values on the Y axis get high the longer the TF so how is it possible for the values entered to stay static for you all but for me they squish together...
I found a no lag MACD which I found worked ok but this one Phil uses is the one I want but isn't working...
Can't see your chart, but I'm bet you're thinking the same as me...Short b/c of daily evening star
Ignored
Sorry you can't see the charts, I just describe how, on the daily chart, the price keep respecting FIB 61,8 -50- 38,2- 23,6 then direction Fib 0 is obvious!
already a breakout on the 4H, waiting for completion of small bullback before taking a position clearly SHORT to me.
I didn't see the daily evening star, you showed it to me, I should be more aware of that. thanks!
now by adding your comment it is getting more convincing :-)
edit
heading quite high as a pullback!
not shaping for a short position at this time.
Ignored
I'm still looking for a short. I'm going to see if an opportunity happens at the top of the triangle or a break of the triangle
Remember to trade what you are comfortable with...I could be a raving lunatic who has lost millions of dollars
Raymond
I'm still looking for a short. I'm going to see if an opportunity happens at the top of the triangle or a break of the triangle
Remember to trade what you are comfortable with...I could be a raving lunatic who has lost millions of dollars
Raymond
Ignored
thanks for your comment Raymond, it is a support.
I agree with you there is a place. I took it at 1.5686. the price was making kind of top of consolidation (on the 4H chart), and Macd was clearly not showing strenght at all, I took some more right below the 89sma. my reason is with a so big turn around in price ..it does keep pressuring the price down. the stoploss is as large as a toothpick!-now almost a free trade...
You were a busy, lady? 2 trades in 1 day. I never took the trade. I was looking for price to really take off after it crossed that trend and it did not. (I've since erased that line) Since I did not do what I expected, I did not trade it. For now price needs to break that fib level, the 23.6, with a strong bearing candle or go up the the top of the range for me to take the trade at this point. My profit target will be around 1.544x
You were a busy, lady? 2 trades in 1 day. I never took the trade. I was looking for price to really take off after it crossed that trend and it did not. (I've since erased that line) Since I did not do what I expected, I did not trade it. For now price needs to break that fib level, the 23.6, with a strong bearing candle or go up the the top of the range for me to take the trade at this point. My profit target will be around 1.544x
Ignored
agree with you for the set up.-by the way, Yvon is male name! I love women!
-If I may ask; how many pairs do you watch for a trade ?
thank you,
agree with you for the set up.-by the way, Yvon is male name! I love women!
-If I may ask; how many pairs do you watch for a trade ?
thank you,
Ignored
2 pairs: GBP/USD and EUR/USD. No trade for me today either. I should have mentioned this yesterday, but things are more like to range until the big EU meating. I think when the news comes out things will break out of the range
4 Hour Strategy (MACD)
