10.2 forum

[Jagg]

Thanks SWG and a2xm... looking better now

Only thing left is: When I change the text_shift value to a bigger number it gets cut off to the rigt (also there is enough space there to the right, hmm)

[Haggadah]

Bob and others,

I am still finding hard to understand the Open weekly Histogram part of the system. The attached AUDJPY chart for example beginning as of April 23 on the H4 chart shows an UT, but if we look at it very closely, it started a descend from thereon travelling down to 700 pips to the 3rd of week of May, yet the weekly open histogram is till above 0. The TMA though recorded differently.

Appreciate any help for me to better undertand the system.

Haggadah

[nanningbob]

Have no idea what is going on with your screens but here is my usd/jpy screen 4H. Histograms showing sells. I also see that the histogram is not agreeing with the light grey line on your chart which is the weekly open line.

[yamez]

Bob and others,

I am still finding hard to understand the Open weekly Histogram part of the system. The attached AUDJPY chart for example beginning as of April 23 on the H4 chart shows an UT, but if we look at it very closely, it started a descend from thereon travelling down to 700 pips to the 3rd of week of May, yet the weekly open histogram is till above 0. The TMA though recorded differently.

Appreciate any help for me to better undertand the system.

Haggadah

I had the same problem, please refer to this post for updated WOH indicators, http://www.stevehopwoodforex.com/phpBB3 ... =30#p13486

The original WOH histogram indicator only works with b-r-o-k-e-r-s that use Sunday candles to start the week.

[Haggadah]

Have no idea what is going on with your screens but here is my usd/jpy screen 4H. Histograms showing sells. I also see that the histogram is not agreeing with the light grey line on your chart which is the weekly open line.

Bob,

The chart you attached is a USDJPY. I am referring to AUDJPY.

Haggadah,

[Haggadah]

Bob and others,

I had the same problem, please refer to this post for updated WOH indicators, http://www.stevehopwoodforex.com/phpBB3 ... =30#p13486

The original WOH histogram indicator only works with b-r-o-k-e-r-s that use Sunday candles to start the week.

Yamez,
Thank you.

Haggadah

[nanningbob]

Discussions of a United Europe are moving behind the scenes. The first step will be the centralizing of fiscal policy. In other words an independent bank able to make fiscal policy for all of Europe and not subject to each countries individual control. It probably would be similar to what we have in the USA. It is either that or the breakup of the Euro. This was not thought possible until recently. It is being discussed because chaos is starting to break out as bank runs in several countries could cause huge banking collapses. Should be interesting. Remember discussions does not mean reality but I find it interesting.

[nanningbob]

OK market was flat yesterday, not a surprise often happens at the beginning of a month.

USD pairs Flat, most interesting pair I think is the usd/jpy. It just reached its weekly pivot. I would like to see it break and go north. So that is what I will be looking for. usd/cad bounced off of its weekly pivot and picked up a couple of pips there. I have a buy above its weekly open and a sell below the pivot. Decided to straddle and see which way it will breakout. usd/chf broke south of the pivot and that surprised me some so had no trade there. All eur/usd, nzd/usd, and eur/usd all hanging around the pivot line. The eur/usd broke north of the line, any kind of euro happy news will send it north so looking for that. bad/no news I think for now will keep it flat.

nzd pairs are flat. nzd/chf broke south of its pivot for a handful.

GBP is stillshowing weakness. gbp/aud, gbp/cad and gbp/chf provided the only good trades yesterday. gbp/usd and gbp/jpy are all below the weekly pivot but not moving. I will be looking to enter sells if I can find a clear entrance point off or rallies. gbp/chf was the best trade of the day.

EUR has broken up over the weekly pivots but is south of its monthly pivots. Is this a big rally or change of direction. Dang if I know. Sitting on my hands on these. If I were a gambling man and taking my best guess, after such a long run down, I would bet on a across the board rally of the euro. Set your SL below the pivot and take a run at them if they bounce off of the pivot again. Any kind of happy news I think will send it souring on a temporary rebound.

AUD are sitting around the pivot also but some have moved up. I will be looking for AUD to range so looking for SRF failures and getting in on those weekly pivot crosses.aud/cad had a nice move up to R1 so I am playing the MA cross back down. Time to do some range trading.

[nanningbob]

aud/jpy basically same thing. See pic below. The histogram should agree with the light grey 1MA weekly line on the chart.

[forexripper]

OK market was flat yesterday, not a surprise often happens at the beginning of a month.

USD pairs Flat, most interesting pair I think is the usd/jpy. It just reached its weekly pivot. I would like to see it break and go north. So that is what I will be looking for. usd/cad bounced off of its weekly pivot and picked up a couple of pips there. I have a buy above its weekly open and a sell below the pivot. Decided to straddle and see which way it will breakout. usd/chf broke south of the pivot and that surprised me some so had no trade there. All eur/usd, nzd/usd, and eur/usd all hanging around the pivot line. The eur/usd broke north of the line, any kind of euro happy news will send it north so looking for that. bad/no news I think for now will keep it flat.

nzd pairs are flat. nzd/chf broke south of its pivot for a handful.

GBP is stillshowing weakness. gbp/aud, gbp/cad and gbp/chf provided the only good trades yesterday. gbp/usd and gbp/jpy are all below the weekly pivot but not moving. I will be looking to enter sells if I can find a clear entrance point off or rallies. gbp/chf was the best trade of the day.

EUR has broken up over the weekly pivots but is south of its monthly pivots. Is this a big rally or change of direction. Dang if I know. Sitting on my hands on these. If I were a gambling man and taking my best guess, after such a long run down, I would bet on a across the board rally of the euro. Set your SL below the pivot and take a run at them if they bounce off of the pivot again. Any kind of happy news I think will send it souring on a temporary rebound.

AUD are sitting around the pivot also but some have moved up. I will be looking for AUD to range so looking for SRF failures and getting in on those weekly pivot crosses.aud/cad had a nice move up to R1 so I am playing the MA cross back down. Time to do some range trading.

Excellent insight and commentary.
Much appreciated.

Bob are you following any of the EAs by Steve and others?