4 Hour Strategy (MACD) | Page 1278 | 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)

  • #25,541
  • Apr 7, 2013 1:16pm Apr 7, 2013 1:16pm
Quoting kenjok
Just use AppGeeker. I have never had this issue. Slightly complicated process. Works marvelously. How to convert wmv to mp4 for Mac It can convert pretty much any type of file (video/audio/pictures/etc.) into pretty much any type of file. The device presets work fine to view the converted videos on the iPads & other Apple products. Try it and let me know how it goes.

Hi kenjok,

Do I have to buy the license? It won't let me to upload it....

I've never had any problems to convert from wmv to mp4 and download it to ipad or iphone before. But I can't do that this time, so I just wonder.
Anyway I still can watch the video on Mac and thank you very much for your help.

I appreciate it.

chublet
  • #25,542
  • Apr 7, 2013 1:18pm Apr 7, 2013 1:18pm
Quoting Phillip Nel
Hi Here is a strategy you can use to make some small pips but when added up in a month can be very usefull using the 4Hour Market Rhythm. Phillip {file}
Hi Phillip,

Thank you very much for sharing your another trading strategy with us and also taking your time to make the video.


Chublet
  • #25,543
  • Apr 7, 2013 2:51pm Apr 7, 2013 2:51pm
Quoting Chublet
Hi Phillip Thank you very much for your commentary on today's market and showing your actual trades you took. I involved the trade on Fiber this morning before NFP but took a small profit just before NFP and moved stop to break even. Fortunately, NFP result brought me more pips in the end. Here is my chart. {image} The reasons I took this trade were; 1- On Daily, a big Bullish Outside Bar 2- On 4 Hour chart, a big bullish candle + 2 pin bars (the first one looks more like doji) off Daily 21EMA (I was expecting to fall to 21EMA & 89SMA but it didn't...
What is the setting for your MACD?
  • #25,544
  • Apr 7, 2013 4:49pm Apr 7, 2013 4:49pm
Quoting MKFXTrader
What is the setting for your MACD?
Hi MKFXTrader,

MACD setting is 5,13,1. I downloaded it from this thread.
I suppose it is the same as everyone's.
Why?

Chublet
  • #25,545
  • Apr 8, 2013 2:18am Apr 8, 2013 2:18am
I join linhpip request, somebody can will make the text file, for Philippe's last video
  • #25,546
  • Apr 8, 2013 4:05am Apr 8, 2013 4:05am
Hi Guys - not sure if anyone is interested but thought I would post a shot of my EU set ups that I am watching.
There is still a few minutes till new candle so my H4 macd could change.
Regardless of that , there would be NO TRADE for me on the H4 because the free space up to the Resistance does not give at least 1:1 ( StopLoss too Large). The Question I ask is - can I use the H1 chart to give me a reasonable trade away from the 21 - Grounds for my trade are - Bullish Price Action close away from the 21. Room to breathe up to the H4 Resistance as shown. Good R:R . MACD showing a cross above the Zero.
What do you guys reckon ?
Feel free to post your ideas & charts - it helps keep this thread active & interesting when we share ideas & questions.

Attached Image (click to enlarge)
Click to Enlarge Name: EU_H4_8april.png Size: 91 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EU_H1_8april.png Size: 54 KB
  • #25,547
  • Apr 8, 2013 5:27am Apr 8, 2013 5:27am
Hi Binni,
Here is my analysis. I looked at earlier points in M15, I had TP1 in my account with 22.7pip, TP2 met BE. I'm very happy with this result. If my analysis is wrong, please help me, I hope to learn more from you. Thank you so much.
Attached Image (click to enlarge)
Click to Enlarge Name: 8-4.jpg Size: 223 KB
  • #25,548
  • Apr 8, 2013 5:52am Apr 8, 2013 5:52am
Hi everybody, this is my first post on this forum it looks like there is still space L left up to H4 LT further we need to wait..
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-04-08 at 12.46.35 PM.jpg Size: 168 KB
  • #25,549
  • Apr 8, 2013 6:46am Apr 8, 2013 6:46am
Hi everyone,

I thought exactly what you guys had planned, but I did not take it because it was before London open and I wanted to see how the market moved after London open.

Well done, linhpip.

Chublet
  • #25,550
  • Apr 8, 2013 5:19pm Apr 8, 2013 5:19pm
Quoting linhpip
Hi Binni, Here is my analysis. I looked at earlier points in M15, I had TP1 in my account with 22.7pip, TP2 met BE. I'm very happy with this result. If my analysis is wrong, please help me, I hope to learn more from you. Thank you so much. {image}
Hi Lin,
Good posts my friend. I am new to Phillips setups as well so we are all here to learn together. There are far more experienced members than I am and I hope they too will add some comments to all of our posts.
IMHO - your setup is pretty solid and the way you have determined your trade is good also. Your H4 showed you that Price had broken through the 200 & 8 ma's and was rejected at that upper Resistance Level before returning to the 200. It sat around the 200 for 2-3 bars before showing its hand that it wanted to have another try at the last High by giving us an Engulfing type Bullish candle . You have then moved to your 15Min chart to determine an entry.
My charts are a little different to yours ( I am on NY Close Bars ) but you will see that once the signal confirmed on my H4 Chart, I was not able to get an acceptable Profit target compared to the amount of my Stop Loss so I moved to the H1 to check for an entry that will give a minimum of 30 pips +.( or at least 1:1 ).
Although it does not affect your trade result as you have shown , you might want to review the text on your posts - Your EP & SL numbers do not match with current Price Action and I am guessing it is a simple error in writing the numbers on your chart.
Anyway - well done. Please post more of your setups & ideas.
BTW - where are you from ? I am NZ so I get the Luxury of being awake for all of the Australian / Asia Hours as well as the 1st couple of hours of London Open.
Cheers
Brian
  • #25,551
  • Apr 8, 2013 5:44pm Apr 8, 2013 5:44pm
Quoting Amcee
Hi everybody, this is my first post on this forum it looks like there is still space L left up to H4 LT further we need to wait.. {image}
Welcome aboard Amcee. Nice post and well explained. Again, your chart differs a wee bit from mine too but the Mechanics of our setups are pretty much the same. You used the H4 chart to see your Price Action and then went down to the H1 to look for an entry. The signal on my H4 was good enough for me to take a Long trade above the BUEB but like I said in my post - there was not enough room up to next Resistance to give at least 1:1. On the Hourly Chart, we have seen PA return to the 21 but not close below. Once it had closed above the 8 also and given us a Bullish Candle ( engulfing Pin Type ) that it wanted to move away again, it was strong enough for me to enter at the close of that Engulfing Candle.. I see you entered at the close of the next candle after that - may I ask why ? Was it because of the VBRN 1.3000 ?
Keep your posts coming
  • #25,552
  • Apr 8, 2013 6:55pm Apr 8, 2013 6:55pm
Quoting binnie
I see you entered at the close of the next candle after that - may I ask why ? Was it because of the VBRN 1.3000 ? Keep your posts coming
Hi, M5 - price was stopped for a while by 1.3000. I waited once it will break it and nice bull candle will confirm it on low TF. Additionally I got MACD M5 confirmation. I managed to take 31 pips from it with SL 16 so good RR.
PS. I don't have much experience with this method here so any comments/advice i appreciate very much.
Thanks for your understanding.
  • #25,553
  • Apr 8, 2013 7:32pm Apr 8, 2013 7:32pm
Quoting Amcee
Hi, M5 - price was stopped for a while by 1.3000. I waited once it will break it and nice bull candle will confirm it on low TF. Additionally I got MACD M5 confirmation. I managed to take 31 pips from it with SL 16 so good RR. PS. I don't have much experience with this method here so any comments/advice i appreciate very much. Thanks for your understanding.
-

Awesome - I thought the delayed entry was because of the 1.3000 . Well done
Hey Amcee , I too am just starting with this method . I have been through all the Lessons that Phillip has prepared and will keep going back over all of his Page1 posts as well. I am slowly beginning to understand what our teacher has been trying to tell us about the Rythym of the Markets - practice practice .
I originally tried setting this method up with 6-7 currencies but have dropped all but this EU. Do ONE and learn it completely is my new moto
It sure makes it easier to monitor during my screen time. Starting to see the ups & downs of the Euro.
  • #25,554
  • Apr 8, 2013 7:34pm Apr 8, 2013 7:34pm
Question for Phillip& NaustingFX - Last night at the termination of the long trade on the EU, there was another signal to short back down to the 21 ma and this was confirmed with a RT on the Macd.
Not a huge profit potential but worth around 20 -25 pips for a risk of 15'ish.
Again this was taken from H1 chart as there was no H4 trade setup that would be acceptable.
Do you agree with this type of re-entry ( CT back toward the 21 ) or should we steer clear of such signals ?
I note the long Pins which tell me there are still enough BUYERS here to absorb any shorts - and in fact it now appears we are entering a type of channel or consolidation phase where Price is tracking between the recent High ( Resistance Level ) and the latest support level just established.
Comments are welcomed

Attached Image (click to enlarge)
Click to Enlarge Name: H1_Trade_2_on_8Apr.png Size: 32 KB
  • #25,555
  • Apr 8, 2013 11:33pm Apr 8, 2013 11:33pm
EU Building towards London Open.
My H4 shows a strong surge through all Ma's and past Resistance Level . If Price wants to continue long , the next obvious level may be the Previous Month High (Lime T/L). I will watch for Price to re-test this recent level as new Support and see if a signal to continue Long appears. The Macd will help in any decision.
The H1 could provide an earlier entry point if a signal confirms - I will watch for a strong Bullish close away from either the T/L Support or even the 8ma. Again, the Macd will help in my decision here.
I will act only when the Market tells me to - I have identified possible scenarios and will be ready when & If action is needed.

Attached Image (click to enlarge)
Click to Enlarge Name: EU_9apr_H4_setup.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: H1_APR9_OPTIONS.png Size: 67 KB
  • #25,556
  • Apr 9, 2013 3:13am Apr 9, 2013 3:13am
I am wonder your kind opinion about scenario like attached?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-04-09 at 10.09.07 AM.jpg Size: 130 KB
  • #25,557
  • Apr 9, 2013 5:52am Apr 9, 2013 5:52am
Quoting Amcee
I am wonder your kind opinion about scenario like attached? {image}
Hi Amcee,
Just my opinion on the EU - H4 in pretty solid short term trend up. Market Mood is Bullish with Price above the 89.
Price tested the 8 and closed above and is moving away. Your chart although slightly different to mine does agree in detail. The only thing I would not really confirm is the RT on Macd. It is more a series of Lower Highs rather than a nice round formation.but having said that, there is divergence with Price which is making Higher Highs. The Rule says Price will try & revert back to the 21 / 200 before resuming direction. That is the way I have interpreted it but I do stand to be corrected.
Looking at the H1 chart, I see an opportunity to get back into the Trend. I have opened a long position from the H1 as shown on my chart.
See how it goes

What do you see as a possible direction here ? I know we do not predict market direction here but it is interesting to look at the possibilities and be prepared for action if a signal comes along. If Price does make it back to the 21 / 200 , there could still be a prospect to go long with the H4 Recent Trend.

Have a happy session - My bed time here.

Attached Image (click to enlarge)
Click to Enlarge Name: H1_EU_trade_9_apr.png Size: 30 KB
  • #25,558
  • Apr 9, 2013 7:51am Apr 9, 2013 7:51am
Hi, Binnie.
Thank you for your comment. I'm in Vietnam, GMT+7, so I usually take tracking forex from the middle of Tokyo market to the end of London market. Today I think EU is very dangerous for me, up, down, up, down...
  • #25,559
  • Apr 9, 2013 10:56am Apr 9, 2013 10:56am
Quoting binnie
What do you see as a possible direction here ? I know we do not predict market direction here but it is interesting to look at the possibilities and be prepared for action if a signal comes along. {image}
I waited morning for some H1 confirmation for my scenario but as it never came so I liked your idea more Thank you very much for your advise. It looks like price is heading test 1.3100. On W1 MA89 1.3120 so it might be also the place to see how the price will react on it.
  • #25,560
  • Apr 9, 2013 11:15am Apr 9, 2013 11:15am
Glorious....Both entries in the breakout pullback + TC
Attached Image(s) (click to enlarge)
Click to Enlarge Name: transaccion 1.png Size: 138 KB
Click to Enlarge Name: transaccion2.png Size: 154 KB
62 traders viewing now