4 Hour Strategy (MACD)

Hi all, GBPUSD, entering second bullish candle, hoping to reach the TP, I would like to know the opinion of all, it is my first letter public, yet I am no expert. Good trading

Trades 27Jan2014

Well done it looks good.

Please download all the videos that Phillip is uploading...and write down the key points..its invaluable the teachings he gives for free.

Bullet points from yesterday.

1. Establish condition of market from h4 / daily
2. Market either moves or consolidates. (if you miss the move...wait and see what is happening)
3. When in consolidation trade between trendlines or ma.
4. Trendlines to be drawn again and again from larger time frames..practice practice practice.
5. Support becoming resistance and visa versa
6. Breakout Pullback Moveaway BPM
7. Look and mark areas of interest.
8. Trade up to or trade down to.

Hope people don't mind me putting up what i thought was important to me and this system. Maybe people read this forum without downloading the videos...

Its like a journal too and reinforces what i need to put into practice..

Happy pippin all...

Trades 28Jan2014

Thanks again Phillip for sharing your knowledge.

Take the odds on 2 to 1 risk reward.

Read the market using the H4 for the market rhythm
Practice practice practice.

95% fail because they have no patience.

Get a plan by marking the areas you are interested in trading.

(If you have an Android phone you can download MT4 for it, it works very well but you cannot draw trendlines....this is a good way to monitor trades when not in front of your computer at home) everyone probably already know this.


If you want guaranteed success only trade this signal...Price coming to 21..close above/below then pullback and move away to the 89...

Good luck.... nice little trade down on Euro for 30 pips today..waiting for the news to give direction..

Got burnt last week i was selling selling selling when price boomed up.

Back to basics....

Thanks Phillip for pointing me in the right direction

Philip,

Just letting you know that we appreciate the videos.
They are truly an "eye opener"

Yaakruay - thanks for the summary

I took one trade today - the Kiwi (NZDUSD) and got 23 pips.
Entry was on the cross over on the 21 ema on the H4 - loved it.

Best to all

Hello everyone, then my chart of EURJPY, with entry to break mlinea of trend, wait for the pull back and enter, for 44 pips, think good input, but I left long before it happened, because now this breaking 2nd trendline. Next I will wait. Greetings to all.

Hello, be sure to publish 15-minute chart. Below the graph, I hope user greetings to all.

Hey Gustavo.

I will not comment on your trades as too me they look fine..

But there are normally people on here with lots of experience who can give good advice.

it just looks like the thread is a little quiet this week as sometimes happens.

Maybe because people lost pips/money last week, so they are taking some time off..

Carry on posting and I guarantee people will be along to help and support you.

Good luck

(it hasn't been this quiet in months, especially as Phillip is kindly taking interest and putting up videos, bizarre, but i am sure the videos are being downloaded and watched)

Nice trade for the day.

Just watched two good movies: Captain Phillips & The wolf of wall street. Coincidence...Mmmmm...I wonder?

(The wolf of Wall street - another good trading movie to add to the movie list)

Good trade lifer - I had that marked for action too but am finding triggers for my setups are happening when I have my beauty sleep ( and I need plenty LOL Just got to be patient - waiting & watching. Very grateful to Phillip for the videos -
WE got Wolf of wall on our list & will check out Capt. Phillips as well.
Keep it up buddy - my posts will come again soon.

This was my 10000 pip profit trade today ! joking... thanks to Lifesabeach! hahaha

I did not trade this..well i did but i lost as i was going for a bullish pullback..that's another crappy story.

What i wanted to show, was the aftermath and what i could see...

This is what needs to be burnt onto my retinas...that break through, pullback, move away...BPM

Hard to see on the h4 but you know something is coming, then on the m15 it's there to see..I just wanted to show this as part of my learning.

happy pippin all...

Binnie show us your charts....come on mate....we're missing them...

ps
Just read the writing in my image and it's rubbish, sorry.

It should read on the h4 chart.
3 large red bearish candles, after the 2 small ones under the 8/21 ma

There is a BPM off the under of the 21...

Hope you get the gist..

Hello, my trades, and my view on 30 January. Hope you will find it helpful.

Rar archive is separated in several parts, you will need winrar to collect the file




Or you can download full file by the following link:
http://www.datafilehost.com/d/9491895a

Hi,

Sorry dude, can't you just upload a picture file or a youtube video.....

Unless one of the downloaders wants to put your files up.

It just makes your posts easier to read and reply to for me..

cheers...

Hello, my trades today 31-01-2014.
Again in winrar parts and complete 20min movie by the link: http://www.datafilehost.com/d/42d43c28

I see there is no much interest in it, so I'm not sure about the real purpose of spending my time on it.

<br />
<br />

Hi napalc. I really found your first video helpful. Please don't stop posting your videos. They are REALLY HELPFUL!!
Going to watch your second one now.

[quote=yaakruay;7249861]This was my 10000 pip profit trade today ! joking... thanks to Lifesabeach! hahaha I did not trade this..well i did but i lost as i was going for a bullish pullback..that's another crappy story. What i wanted to show, was the aftermath and what i could see... This is what needs to be burnt onto my retinas...that break through, pullback, move away...BPM Hard to see on the h4 but you know something is coming, then on the m15 it's there to see..I just wanted to show this as part of my learning. happy pippin all... Binnie show us your charts....come on mate....we're missing them... ps Just read the writing in my image and it's rubbish, sorry. It should read on the h4 chart. 3 large red bearish candles, after the 2 small ones under the 8/21 ma There is a BPM off the under of the 21... Hope you get the gist..

Hi yaakruay. This trade is almost identical to the GBPUSD trade I took. Just shows you how similar these two currencies are. That's why in my opinion it's always better to just have one trade open at a time.

What was your reason for going bullish?

You'd be surprised how many people are interested in your analysis and videos.

I just don't think people enjoy downloading rar files, maybe they don't have the software, maybe don't understand them..

if it's easy to watch your video like Phillips, then the more people will watch and comment.

Lifesabeach has made the effort to download and watch and left a positive comment, we trust their view point.


Answer LaB
I went bullish around the 1.3570 area...I convinced myself that this was a turning point for the bulls..

I was trading on my phone, so can only see limited data, no fibs/trendlines etc and only 1 timeframe at a time....

I had done the fibs/trendlines in the morning on my pc at home and was remembering them...

Totally stupid and totally 100% not following this system.....

I was imagining that the move down was a fake spike under the 89........
(that's the way your brain works watching on a phone whilst at work and wanting to make a quick tenner)

It's just a guess and hope without any substance...I won't be making the same mistake.

That's why I'm happy to post and talk about to install it in my memory banks..

Do the analysis properly, what is happening on the H4 and where are the moving averages...bloody basics!

that's all folks..

The second image is of a trade done properly in my opinion and how to mug the market!
Got back some pips today though ;-) sweet.. I got the move down from 1.3539 to 1.3500... that was a set and forget trade..( i find these becoming easier to do as i make more money as i i can leave the trade to take the profit, without closing early. When i'm watching the trade and looking at the profit/loss i always close too early to secure profits..instead of letting it run..

That was done from the H4 analysis and then down to the m15..kissing under the 89..

It's so bloody simple when done properly..I am sure when i try to over complicate trading that's when i come unstuck!




Flippin heck I'm going nuts..i was reading back through my post and looked at the chart and realised I'd got that little cheeky buy order in play..! haha I will close this for a BE trade last thing Friday... what am i like ! hahaha

Thanks for sharing - i see you have been taught well by the Boss. Question - is it your personal preference to jump down to the 5min or do you sometimes consider the H1 for entries.?
Look forward to hearing again - welcome back to the thread.
Binnie