10.2 forum

[forexripper]

NNBob and fellow traders,

I think I am going to use TMA true values on D1 for trend strength and define trend as correct sequence of DP, WP, MP.
Once price is above / below MP with correct sequence and TMA true showing over or below 0.4 / -0.4 values I will look for entry on H4 with break of DP or WP or 5.1 MA.
TP would be next level and SL would be below / above the D1 candle prior to entry.
I am also looking at Fib levels for TP and SL.
I draw Fib from the high / low of previous trend shown on D1 by TMA Normal.

Will report results soon. For now I have a tip:
I see AUDCHF as breaking 50% fib level (WR1) with TMA true showing strength to go long. Will wait for retracement and go long on this probably next week. TP 1.0460 level.
No trades on Friday for me now.

[spyderman]

NNBob and fellow traders,

I think I am going to use TMA true values on D1 for trend strength and define trend as correct sequence of DP, WP, MP.
Once price is above / below MP with correct sequence and TMA true showing over or below 0.4 / -0.4 values I will look for entry on H4 with break of DP or WP or 5.1 MA.
TP would be next level and SL would be below / above the D1 candle prior to entry.
I am also looking at Fib levels for TP and SL.
I draw Fib from the high / low of previous trend shown on D1 by TMA Normal.

Will report results soon. For now I have a tip:
I see AUDCHF as breaking 50% fib level (WR1) with TMA true showing strength to go long. Will wait for retracement and go long on this probably next week. TP 1.0460 level.
No trades on Friday for me now.

Ripper,

Thanks for the analysis. I think what you're saying makes sense. TP is just such a struggle for me.
Are you employing any stacking technique (like over/under .8)

I'm trying out my s/l under the entry pivot (whichever's closest to the trade). Might be too tight though

As far as Aud/Chf, are you drawing your referenced fib from .95810? Seems like that's hitting the 50. She's coming back over the daily pivot and all pivots are in order. I might look to enter as soon as the 5ma cross.

Have a good weekend

[SteveHopwood]

I'm trying out my s/l under the entry pivot (whichever's closest to the trade). Might be too tight though

For what it is worth. I am finding the hilo of the previous H4 swing to be a good stop loss - doesn't get hit too often. Where this slightly the wrong side of a pivot, I adjust the stop to the other side of the pivot.

[astral77]

I do hope Bob`s MUM has managed to recover from her heart attack. A mother is a person who loves us without any preconditions, however, as we grow older our mums grow even older and before long the inevitable happens. This does not mean that their suffering is any easier to bear.

I am sure everyone here will join me in praying / wishing for speedy recovery for Bob`s mum.

Kind Regards

[SteveHopwood]

I do hope Bob`s MUM has managed to recover from her heart attack.

Here is hoping for a speedy recovery Bob.

[NeoTrader]

hi astral,

I do hope Bob`s MUM has managed to recover from her heart attack. A mother is a person who loves us without any preconditions, however, as we grow older our mums grow even older and before long the inevitable happens. This does not mean that their suffering is any easier to bear.
I am sure everyone here will join me in praying / wishing for speedy recovery for Bob`s mum.[/b

Where did you read/heard this? If i remember correct bob was out to help one of his teachers whos mom had an heard attack.
But I wish her also a speedy recovery ...

happy sunday ,

NeoTrader

-

[nanningbob]

Thanks guys but it was for one of my teachers. My mom passed away 46 years ago but appreciate the thoughts.

[astral77]

My sincere apologies BOB. I must be going crazy recently. Sorry. Do not know what to say. Sorry once again. Very embarrassed.
Kind regards

[nanningbob]

My sincere apologies BOB. I must be going crazy recently. Sorry. Do not know what to say. Sorry once again. Very embarrassed.
Kind regards

LOL I remember once in church I introduced a guy as a good friend who was sitting on the other side of the auditorium. It ended up not being him but someone that looked like him. Only about 300 people in the room. So I have done much worse than you.

[Lifesys]

Hi Bob
Congratulations on keeping the school going. I started teaching 40 years ago!
We admire what you do & amazed how you fit it all in.
Have attached 10.2A pivots with levels added for easier checking as discussed.
As Gary mentioned, not straight forward changing the Day1 shift for non 0GMT traders in these pivots. Not sure they are historically accurate.

US traders confuse as "SundayCandle" is really Friday Candle for many when counting Shift.
Unlike satellites, airlines etc., Forex is a non-continuous system, so synch with Fri close 1700 EST(NY) for restart 48 hrs later (0:00 Monday GMT+3) is optimum for Daily pivots & essential for correct H4 charts. Companies trading other commodities (hence 0GMT) create the split "Sunday candle" problem for Forex.
Visually I use a mod. version of ZComFX pivots. Only shows last period but correct for all areas/days & settable R/S. What is shown in any TF is also changeable. No-where near as complex or verbose as SDK, but works well for 10.2 purpose.
Thanks again for all you do here - Paul.