Does anyone have the MACD indicator coded for Tradestation 9.5? I like the simplicity of it.
4 Hour Strategy (MACD)
- #28,782
- Edited Mar 5, 2015 7:40am Mar 4, 2015 9:07am | Edited Mar 5, 2015 7:40am
EURUSD 3 March 2015 A bit late in spotting this. But does it look like 3 little sisters here? Target is 21ema (purple MA)? And it's a counter trend trade Value your comments {image}
I didnt see that one; the 3 sisters. It is a counter trade; I wasnt looking for a counter trade at this point, on my platform there is no well pronounced figures. I am always very careful about considering such a move. I would look at history first.
On your chart, there is about 90 pips from the bottom up to a resistance around 11280, and about 50-55 pips up to the 21ema, so the range covered in that downtrend channel is too narrow for me to trade because I am not that good in picking right at the bottom so I could get a good R/R, I wouldnt take it but you could be right.
( the chart shown is the second platform trades, while first is loaded more)
I have been short for a very long period of time, and still looking down. So I am looking for sell opportunities. Very often, when there is a break and strong candles almost going at the vertical, there is a vacuum that brings the pair back on the recent move toward the breakout. This is where the pair could go back while I rather take that opportunity to go short , just loading up the trades already in progress. By the time I was writing the price moved lower. But we dont know what the future will give
1.0900 in sight
maybe the pair will pause,(taking a breath) marking time around 1.1030
--------PRICE turned around at that levelthis target has been reached : about 140 pips + gain.
-nice trade.I have been waiting for a long time for a real good breakdown. That’s the kind I like. Don’t we have a large HS in there with a large head? The pair just broke the neckline or barrier, so now the target could be way down...
Yvon
- #28,783
- Edited Mar 5, 2015 12:51am Mar 4, 2015 10:13am | Edited Mar 5, 2015 12:51am
150304AUDNZD:
This one is kind of slow to make a move. But what a nice HS in there! The price has not reached the neckline yet, but if it does and breaks it, it should have nice gain in perspective.
On the right shoulder or the last RT, price broke the 21ema pulled back and now on the move away down. The neckline should be the first barrier.
Free ride now on some positions.
price turned around with a strong green candle. now reached the 89sma, SL for balance of trade just above the 89sma. the pair announced a very good HS at first then bounced back up on the neckline... not very a good sign...
This one is kind of slow to make a move. But what a nice HS in there! The price has not reached the neckline yet, but if it does and breaks it, it should have nice gain in perspective.
On the right shoulder or the last RT, price broke the 21ema pulled back and now on the move away down. The neckline should be the first barrier.
Free ride now on some positions.
price turned around with a strong green candle. now reached the 89sma, SL for balance of trade just above the 89sma. the pair announced a very good HS at first then bounced back up on the neckline... not very a good sign...
Yvon
- #28,784
- Edited 1:32pm Mar 5, 2015 7:35am | Edited 1:32pm
150305NZDUSD:
A Round Top formation, part of a double top with a negative divergence on the macd,
with a pull back to 365,
a pullback to channel (green)
and having a 3 sisters formation.
about 110 pips+ secured
trade closed hit by SL. 110+ pips gain
A Round Top formation, part of a double top with a negative divergence on the macd,
with a pull back to 365,
a pullback to channel (green)
and having a 3 sisters formation.
about 110 pips+ secured
trade closed hit by SL. 110+ pips gain
Yvon
- #28,785
- Edited Mar 6, 2015 6:15am Mar 5, 2015 11:32am | Edited Mar 6, 2015 6:15am
Looks fine for the usd. Evidently many pairs are taking a dive. Lets keep grabbing those apples. Wish you success to all.
next target for the EURUSD pair could be 1.0900, but will see...
1.0928, it is getting closer now
next target for the EURUSD pair could be 1.0900, but will see...
1.0928, it is getting closer now
Yvon
- #28,786
- Mar 6, 2015 6:30am Mar 6, 2015 6:30am
150304AUDNZD: This one is kind of slow to make a move. But what a nice HS in there! The price has not reached the neckline yet, but if it does and breaks it, it should have nice gain in perspective. On the right shoulder or the last RT, price broke the 21ema pulled back and now on the move away down. The neckline should be the first barrier. Free ride now on some positions.
Yvon
- #28,787
- Edited 9:29am Mar 6, 2015 7:11am | Edited 9:29am
150305EURUSD:
Still short on that pair, making beautifull HS as well as beautifull TC.
it is a closed trade with about 50+ pips gain, nice trade. the price was close to target so the SL was close to action and got hit.
second chart:same trade, a different view:
3 RT or HS don't miss very often,
the next target could be reached earlier than I thought!
...now some 50 pips away from target
heading south again...
others trade closed; HIT BY SL: Averaging 35+ pips gain
Still short on that pair, making beautifull HS as well as beautifull TC.
it is a closed trade with about 50+ pips gain, nice trade. the price was close to target so the SL was close to action and got hit.
second chart:same trade, a different view:
3 RT or HS don't miss very often,
the next target could be reached earlier than I thought!
...now some 50 pips away from targetheading south again...
others trade closed; HIT BY SL: Averaging 35+ pips gain
Yvon
- #28,789
- Edited 9:39am Mar 6, 2015 8:07am | Edited 9:39am
150306NZDUSD:
as discussed earlier, divergence, moved away from upper channel, TC, broke the support line...
patience is key...
chart shown daily:
4hrs chart : post 28784
about 55 pips secured
trade closed: hit by SL: about 55 pips gain
...now some 80 pips to the first target:
as discussed earlier, divergence, moved away from upper channel, TC, broke the support line...
patience is key...
chart shown daily:
4hrs chart : post 28784
about 55 pips secured
trade closed: hit by SL: about 55 pips gain
...now some 80 pips to the first target:
Yvon
- #28,791
- Mar 6, 2015 10:22am Mar 6, 2015 10:22am
150306RUSD-monthly:
the next target could be the lower side of the down trend channel as the last possible attractive target still inside the channel: 1.01950, then next possible target (almost unbelievable!) would be 0.8400 area !
...but will see...
the next target could be the lower side of the down trend channel as the last possible attractive target still inside the channel: 1.01950, then next possible target (almost unbelievable!) would be 0.8400 area !
...but will see...
Yvon
- #28,794
- Edited 12:25pm Mar 9, 2015 9:06am | Edited 12:25pm
USDCAD H4 9 March 2015 Counter Trend trade and Taking trade between upper and bottom trendlines. Please comment{image}
Hi Nic,
Fundamentally the usd is stronger than the CAD and being in a triangle, so I should expect breakout to the upside eventually, for me it is totally part of it. At that present price level, a pull back could be in the card and a first logical support could be at 1.2500+ area. If it is the case , in my view, than an upside breakout confirmation could arrive sooner since the range to cover up the bounce to the breakout is thinner.
On the other hand if the pair goes through the 1.2500 support as easy as drinking a cup of coffee , than I could expect a longer story. than the best place to hear his development would suggest a comfortable rocking chair! or threefor the sisters!
Nic, I find your analysis quite possible and Im starting to look for a rocking chair, just in case.
have a nice day,
edit; 13:24HRS is it turning into a bull flag?
Yvon
- #28,798
- Mar 10, 2015 3:04am Mar 10, 2015 3:04am
EURUSD; keeping grinding. the pair just broke down the consolidation about 35 pips secured on the contuinity trade
1) the price is too far away from 21ema, about 95pips? Thus there could be a possibility of pull back.
2) MACD is at the 0.045level, another possible indication of a market turnaround (pull back).
3) Gap between 8 and 21ema has widen. (A turnaround / consolidation is overdue)
Of course this is only my opinion and how I see things. And am only a amateur in forex so I could be wrong.
Yvon, perhaps you could enlighten me you analysis that lead you to trade this pair. Learning so much from you experience.
Thanks
- #28,799
- Edited 5:29am Mar 10, 2015 3:30am | Edited 5:29am
USDCAD H4 10 March 2015
Please leave me your comments:
Anticipation 1
Anticipation 2
Edited at 7pm
BPM. Late entry. Currently running at 22pips profit, took 50% profit then set SL to entry price. Target 1 = high on H4 TF. Target 2 = last high on Weekly TF
Edited 7.30pm
Stopped out at break even. total gain = 10pips
Please leave me your comments:
Anticipation 1
Anticipation 2
Edited at 7pm
BPM. Late entry. Currently running at 22pips profit, took 50% profit then set SL to entry price. Target 1 = high on H4 TF. Target 2 = last high on Weekly TF
Edited 7.30pm
Stopped out at break even. total gain = 10pips
- #28,800
- Mar 10, 2015 9:26am Mar 10, 2015 9:26am
{quote} I feel that: 1) the price is too far away from 21ema, about 95pips? Thus there could be a possibility of pull back. 2) MACD is at the 0.045level, another possible indication of a market turnaround (pull back). 3) Gap between 8 and 21ema has widen. (A turnaround / consolidation is overdue) Of course this is only my opinion and how I see things. And am only a amateur in forex so I could be wrong. Yvon, perhaps you could enlighten me you analysis that lead you to trade this pair. Learning so much from you experience. Thanks
Yvon