Any MACD3 traders on this board???

[Thomas]

Hi Thomas Steve and I very happy that you are having a good experience with the MACD 3 System. We both want to encourage you to go through our entire course revision. If you are like any of our other members who have been reporting back fantastic feedback on our new course I think ALL your questions will be answered now.

See the thing is you do understand most of the system setups to a point, because of your 2 to 3 trades a week. We can tell you that the MACD 3 System produces alot more trades than 2 or 3 a week.

The MACD 3 Realignment trades are stellar and since rewriting the course it is so clear you would probably get it in one pass through. Our goal was to make that trade so easy to understand when to do it and when not to anyone could learn it. We think we have accomplished that because new members are spotting these setups in our room pretty regularly. I attached some recent trades for you to look at.

The emails we send out each day spell out exactly what to do and exactly what trade to expect out of the coming setups. Its like a recipe now, you just follow instructions. The Asian and London Open members have been loving it.

Also the trade management rules are in for a reason. Sometimes we go to bat to see if we break a high or a low. Attempts at bat in these areas are where we get trail stopped for even. It is advisable to take small profits at first targets because when you grow your account it won't seem so small one day and you get into building good trading habits. There is only 2 places where you pass on these trades and all the rest of the time you take them.

Now to answer your big question. Can the MACD 3 System be traded on higher time frames reliably? The answer is yes and we have broken it down for you exactly in the course now on how to do that.

Pretty simple actually. You look for 4hr daily traditional trade setups, or daily weekly traditional setups or weekly monthly traditional setups.

You have two choices at this point. You can use monster stops to get into these trades or you can do it the way we teach you so you are always aware that you are potentially ready for a big run.

If you want to get into these trades with a 25 to 45 pip stop loss we show you how to line up our system entries inside those larger time entries. We had a few of those setups happen last week.

The point is you do not need to figure it out on your own unless you prefer to because we already have. Its very tight.

Thomas I would be very surprised if you did not make this your core trading system by the time you go through this course again.

We now teach you too scan 4 hour charts for either Setup Pattern 1 2 or 3. Not hard and does not take much time at all. All the very best moves setup up near market opens so you are scanning an hour before usually.

The exception candle thing was tricky for alot so we now call it our P1 pattern and now we say look for 3 or more closed exception candles because its a nice consolidation period that usually produces some nice trades. This is all very easy to understand now and should not be tricky at all.

Come back Thomas for 1 month and if you are not thrilled with our course and how it laying it all exactly out for you just ask for your money back. I'm very curious if it will fill in the blanks for you. Since you got alot of it the first time I think the rest of the light bulbs will come on for you now.

Thanks for Your reply Wade. First of all I will not ask for a refund as I mentioned earlyer I think its a good system and You are doing a good and honest job mentoring and supporting Your members - thanks for that I like the P1 setup because it develops over 4-5 4H candles so plenty of time to get in even when time before the screen are limited. Looking forward to explore Your new website and I´m hoping to find some tips and tricks on trading the MACD 3 on higher timeframes, preferable for me will be entry on 4H and daily.

[LimHenry]

Another way of looking at it is to consider every trade size as 3n lots where n=1 or 2 or 3 or......

Then the trade results shd be reported as:

+15n pips
+15n pips
+15n pips
-25*3n pips = -75n pips

Hope it helps

Henry

Wade, don't you get it?

If a trade goes 15 pips into profit and one third of position is closed at 15 pips and stop set to break-even, subsequently BE stop is hit.
On this trade 15 pips profit realised on one third of the position and 2 thirds achieve BE.

You don't think that it is dishonest to represent this as a 15 pip winner?

If for example you had 3 trades exactly the same as the above followed by one loser hitting stop at minus 25 pips, this is how you would report the 4 trades

+15
+15
+15
-25

So these 4 trades will show on your result sheet as aggregating +20 pips. If risking $10 per pip you will be claiming a handsome return of $200 profit

In fact, because the first 3 trades only aggregated 5 pips profit, they should be reported as

+$50
+$50
+$50
-$250

A loss of $100, not profit of $200

The way you report your results bears no resemblance to reality whasoever. You should be ashamed of youself, especially as you continue to maintain that you report results honestly, when people are starting to post that they are not.

[LimHenry]

This thread is quiet now

No FMP members are trading MACD3 anymore?

Henry

[Thomas]

Hi Henry.

I´m still trading MACD3, I think it´s a good system in trending markets. But I have one problem with the system and thats the top of the our element. Very rarely do I have the time to watch my screen every top of the our. That makes me wonder if any have experience with placing limitorders at the entry levels?

[prochargedmopar]

I Hadn't traded the macd3 system in a while so I popped on an old tpl.
After scrolling through a few charts of different pairs for about 5 min checking each time frame. I found this trade. It just so happened to be top of hr when it hit within 5 pips of level. I watched as price tanked. Pullback rule was met, H1 was the first TF out of "alignment" with H4 downtrend, BB touch, ect. ect. AJ dropped 28+ pips in 12min.

I guess this system is still alive and well.

2011-09-19_2102 - prochargedmopar's library

[prochargedmopar]

Alternative Way to trade this same chart using Price Action or ADD to a winning position...............
The First RH entry used the traders Trick technique.
Works on ALL TIME FRAMES!

2011-09-19_2128 - prochargedmopar's library

[prochargedmopar]

Here is a possible +38 pips London, and yes, level hit at top of hr. I wont break this one down but the m5 gave 3 entries to ADD to winner.

2011-09-20_0350 - prochargedmopar's library