4 Hour Strategy (MACD)

Quoting Phillip Nel

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Hi. Yes I am still using the 4Hour MACD but mostly the Market Rhythm. Here is a chart with some trades that could have been taken. I like trading the MACD divergence when the price have moved away from 89. {image}

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Quoting naustingfx

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AudUsd pair {image}

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Quoting naustingfx

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{quote} The MACD Divergence trade is very effective with Market Rhythm methodology of trading it... As it does not come often on the 4hr chart, one can check on multiple currency pairs to get more signals per month...that helps me a lot. I have taken few of them just within 3 days of this week...the EurJpy and AudUsd...I am posting the chart on EurJpy below... Thank you Phillip! {image}

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Quoting Irwanto

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Hey I am new to this strategy I need some comment on my analysis. From my point of view audusd pass 89sma and as the rule say it will go back to 89sma, macd ahow a good signal too. Is my analysis wrong? {image}

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Quoting Ross88

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{quote} I think it's a clear move down but am not sure how far it will go it's not a deal I will take as you are now in between the weekly pivot point of 0.7608 and support 1 at 0.7562 I would be targeting 0.7562 which I think will most likely be hit good luck with you deal mate

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Quoting Irwanto

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{quote} How can we say it is a down movement, did we see it by ma resistance?

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Quoting Irwanto

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{quote} How can we say it is a down movement, did we see it by ma resistance?

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Quoting Ross88

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{quote} the price was hit today hope you took the deal and made some money from it

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