4 Hour Strategy (MACD)

Sorry if out of topic, but how did Philip highlight a certain area in MT4? I have looked through the MT4 help file. Is this some script?
Example below. Thanks.

Hi Charles.

- Go up to the menu bar in MT4 and click on '' insert ''
- Hover over '' Shapes ''
- Then select whichever you wish to add to the chart.

Cheers.

The Backbone from Phillip Nel:

Thank you Mr Phillip for this video!!!
Without the backbone functioning well, the whole human system is virtually paralyzed. I believe that is the whole meaning of it here too.

I told myself that if I am gonna be using any number of cars, pay for my house rent, buy an estate, go for holidays, etc, this business must foot the bill (must take care of the bills or charges)... I have placed a high demand on this business. That is the goal for me that I want to achieve by the pips made here in Forex. It is a personal decision....I know how much sacrifice I have put into this business for years now. So it will be foolish of me if I let it just go without generating the financial glory it promises. Even God in heaven most probably will frown at that...

Unless one who has not really decided where he or she wants to get to in life through trading the Forex market, or who has not yet understood what is being done here, other wise, there should be an established path to the peak of where one wants to get to with this system and business. And I believe that is what Phillip has demonstrated in his video-The Backbone!

If you look at my posts within the last month, you will see my own worksheet-Microsoft Excel document showing a comprehensive path to where I desire to get to. I built that sheet from one of the very powerful worksheets that Phillip has developed for his system and posted to me. It was then that I know that one can even project how his future should be or is going to be if one has understood the strategy and has got a consistency or expectancy in terms of average pips per day, week, month, etc God preserving us all.
I have for me made a total of 10 tradesI spotted and actually traded between the 9th to the 19th of April giving me 8 Rights or winners, 1 wrong trade and 1 Break even-BE trade. I will be posting my chart later. I have been taking time to compile them...All the trades are on my life account. I do not even have a demo account again....

Please let the new ones use this videos from Phillip as a pillow and let our heads be on them always even as we go to bed. As for me, I am still learning not only from Phillip, but from everyone here. I enjoy all your posts. I download some charts and do meditate on them...everyone has his own unique impact to make on another here. So I still see myself as a new bie here too. Because for me, a new bie is someone who is still discovering something new or is at some point or the other is reminded of something he knows before but not really applying it...Thank you everyone here for your time and most precious information shared here. God bless!
To the king-Phillip, my God continue to strengthen you and preserve your soul for greater future manifestation in life generally...

My live trade between the 9th to 19th of April 2013

Total trades = 10
Right or correct trades = 8
Looser or wrong trades =1
Break even-BE trades =1

This is my live performance trading this system in the date quoted above-a 10 days interval of trading. I missed many excellent signals as you will see in the chart below as I do engage in some other programs. Our lives have different aspects or departments and they all seek our maximum attention. And we are meant to carry every aspect or our lives along. So I have developed a super trading time table for myself as it suits my life style... So below is the chart of the trades I met and traded live.

I know this is a 4HOUR system, but I always post my 1HOUR charts here because most of my trades for years now are taken employing Phillips 1HOUR early entry technique. So if I post only my 4HOUR chart it will not make sense as I normally entry the 4HOUR bar when it has not yet closed using my 1HOUR chart. So I am posting the two here so that everyone can see how exactly the 4HOUR chart looks when I took the trades in the 1HOUR time frame. This has really helped my profitability in this business.

You will see trades 4 and 6 in the 1HOUR then go see it in the 4HOUR chart as well and you will discover that if I had stick to the 4Hour alone, I would not have seen any signal to be in those 2 huge and powerful move that took place last week. I swallowed the whole pips in trade no. 4, but for trade no. 6 I made a mistake, I actually entered it using the 15min. I was trying to see if I could make a video on it as I traded it live, and I set up the window media encoder, and as I was busy doing the video live, I pressed the wrong button-a buy instead of a sell. So when the market move reasonable to the south. I was happy and tried to set my stops to BE and it refused to trigger. I did it couple of time and it refused to enter. When I now looked at my position very well, I discovered I pressed the wrong button, so I quickly closed it....

Below are my chart or sweat for the 10 days period as mentioned above. I hope someone will find some good use of it. Thanks to you all who has spoken encouraging word to me. You are as well my source of inspiration here. Otherwise I do not think one will just keep posting something that no one has indicated he is making use of. It may seem very boring. So thank you to you-Bennie, Fuiyong, Happyme, Napalc, Chublet, Sepramfx, Hammerhead, ....etc...
God bless you all!!!

Good job nausting FX. Your approach is very interesting...I have a question...Do you take your trade based in the H4 chart with confirmation in the H1 chart or do you take it based on the H1 chart with confirmation in the H4 chart???

hello all,

thats gtreat trading naustingfx but im confused on "1HOUR early entry technique" is it that you take the trade the moment macd turns red or green even if the 4hcandle has not closed yet?

Trading from the Google of Phillip Nel

Thank you everyone for all the comments and questions. I did not have enough time while I was posting the charts above, otherwise, my intention was to post exactly how I took each of the trades up to 10 of them. My market analysis-entries, stoplosses and take profit techniques. I think that will clear some of the question asked on my posts...But I want to make a document or video for that and post it here. So whosoever finds my posts interesting and would want to know more on how I took all the 10 trades, I suggest you download the charts as I have presented it above and save it to your computer; then when I post other infos to compliment my chart, as per the reasons I took the trades...one can now open the chart and marry the infos together to have the exact insight on what I did that helped my to succeed in the trade.

how often you use for entrance M5 and M15 ?

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Hello Charles you are correct! That is a script. The name is "sessions" I got it from one of Phillips free website -www.fxtradeblog.com. Go to the tab indicating tools and you will see it. Meanwhile I will look for it in my external hard drive, and try to send it to you okay. But it has a way you set it to appear like it is seen in Phillips chart or the chart you posted. Its default settings does not give you what you can see on Phillips chart, rather it will use some colored rectangular boxes to show you the various market sessions-Asian, London, and New York market session. That is why it name is Sessions.

I will try to send it to you in less than 24hrs from now.
Happy trading!!!

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Not very often. I mainly use the 1HOUR to enter early into the market. I only use the 5min and 15min occasionally...this is because my trading journal and spread sheet for my trading project is built on the 1Hour and 4HOUR entry technique...But I am planning on building another worksheet for lower time frames...due to the many strategies that can give quick pips Phillip has given for lower time frames.

Ya! when I am into a trade already and the market is not reacting well, I always use those time frames even the 1min to set tight stops and take profits in the market mainly when I may be staying away from my computer for a very long time...

I am about going to meet up with a deal now-to see someone, I would have posted a chart to explain further...do come back here if you still need more clarification...

Happy trading!!!

nausting...Do you look for your entries in the H1 chart with confirmation in the H4 chart?

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I do my market analysis on the 4hour chart or time frame, then I look for early entry into a 4HOUR candle from the 1HOUR chart. That is, I look for those entry opportunities in the 1HOUR chart that are in agreement with the direction or my anticipation in the 4HOUR chart with respect to the Market Rhythm...

I think you will see a good example of what I have just said when I post the trade that I took on the 16th of April. That long bullish candle...you can as well see it in the chart I have posted already-trade no 4. On the 1 hr I entered at the close of that bullish bar moving away from the yellow moving average-200sma in my post. Locate that same candle in your own chart and put a horizontal line just at the close of that 1hr bar as I indicated above, then switch to your 4hour chart and you will see how early I have entered into the 4hr bar. So before the 4hr bar closed, I am already into some good pips...if I had allowed the 4hr bar to close I would not have entered the trade because the stoploss would have been soo big....THIS IS THE MEANING OF 1HOUR EARLY ENTRY STRATEGY OR TECHNIQUE!!!

You can ask further questions if you have any. I am replying you from my mobile phone...the buttons are not as free as my computer key board, and I cannot post chart from it. All my charts are in my computer....see you soon!

Happy trading!

SL hit , good gain, neck line not broken yet, will find another entry, still targeting 1.02


AUDUSD: still think this is probably going down. got back in . Now having a free ride;

there is a tentative for the pair, to break the neck line…will see

This is a great explanation Nausting...thanks a lot

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From the posts I have read, I see some people not being free to post indicators, scripts, software, etc here in the forum...I want to ask if there is anyone who can let me know if there are restrictions to posting such things here. If yes; what are the restrictions or rules guiding such. Or what are the things that one is allowed to post and what and what should one not post???

I think I need to get an answer to this before I do the posting as promised. Also this is not my trade, but Phillips, he may not have restrictions as we who are following the thread...I think we need answers from anyone on the forum who is aware of this and can give us a reliable response. I hope someone answers quickly so that I can post the stuff, and be free to post other great stuffs in future.

Stay blessed and happy trading!!!

Your clarifications are necessary, continue, a century live a century study

Hi,
I am new here in that I have not posted but I have been reading a lot and watching the videos. Hope this has not been asked or discussed but what is the rule or guideline for trading when price breaks the 8, 21, 89, 200 and 365 almost within a few bars as a couple of pairs have just done? Just curious. I placed a trade in that direction. gbp/chf is one example. I don't think a lot of people trade it but just to give an example.
J

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It normally pulls back to the moving averages and moves away. Do find time to read through Phillips document on the price movement rule, you will see that in page 1 of this thread. You will get to understand it more. You are asking what has already been made available to you in this trade by Phillip. Maybe you have not found time to study this thread intensively. Please do it will pay you well.

Happy trading!!!

Hi Naustingfx,
I must admit that i have gained alot from your charts in an immense way. Concerning what you can post and what you can not is that, if you are commercializing what you want to post then its not aloud unless you want to be a commercial member and you your rights as just a member posting in any thread is removed like Phillip. So feel free to post anything as long as you are not advertising yourself.
Regrds

Hi Guys & Gals,
Seems to be pretty quiet in here again - I have been on the sick list for past week and have been only watching the forum & charts. Hope to be fit for action starting Monday but meantime, can I get an indication of how many serious followers are here. It takes a considerable amount of time for Phillip , Nausting etc to post here and it would be a shame if nobody is taking part to share their knowledge.
Lets keep this awesome thread going eh ?
Cheers to everyone who contributes.
Have a great weekend