10.2 Trades! Post up your trades here.

[Jemook]

Todays basket didn't go to plan, made a real school boy error, took the levels off the 4hr levels and didn't realise to until I came back 7hrs later. GBP/NZD I bought thought it looked good!! so damage limitation and a lesson not to be too hasty.

Eltax

Live and learn this is why we demo until we know we have something that works. GBPNZD is -.34 plus the pivots aren't in order. I suggest to leave it until the pivots get back in order and we go stronger than -.4

[eltax100]

Hi Jem,

Yes totally agree, so now on my chart we have the TMA slope MTF, I am finding this more helpful than the css-sp.

Also manually setting some ADR targets for TP, thanks for your inspiration.

[Larryk]

Hi all

I am rather pleased with 10.2 based strategy that I am using with some success on H4 charts so I would like to share it.

Any pair that is <.4 or >.4 is a potential trade. Using the H4 only, for longs while the price is above the 5.1 ma (blue), I do nothing, hopefully I am in a long trade already. Whenever price has retraced and closed below the ma I set a buy with the EA for a cross of that ma going long. Any retraces that do not reach the ma keep me in the trade, I will add on any change from .4 to .8 and again from .8 to 1.0.

Opposite for shorts.

Move stops to safe places as I go, checking charts every 4 hours or so. Still on demo but I am going to use it with minimal risk on live next week.

My charts only have weekly pivots and the moving average, and I have Baluda slope strength on a chart as my reference for potential trades.

I'll let you know if the strategy has long term profit potential

Larry

[garyfritz]

Other than not worrying about the D/W/M pivot order, isn't this about the same as 10.2A? At least the entry?

[kelisa]

Hi all

I am rather pleased with 10.2 based strategy that I am using with some success on H4 charts so I would like to share it.

Any pair that is <.4 or >.4 is a potential trade. Using the H4 only, for longs while the price is above the 5.1 ma (blue), I do nothing, hopefully I am in a long trade already. Whenever price has retraced and closed below the ma I set a buy with the EA for a cross of that ma going long. Any retraces that do not reach the ma keep me in the trade, I will add on any change from .4 to .8 and again from .8 to 1.0.

Opposite for shorts.

Move stops to safe places as I go, checking charts every 4 hours or so. Still on demo but I am going to use it with minimal risk on live next week.

My charts only have weekly pivots and the moving average, and I have Baluda slope strength on a chart as my reference for potential trades.

I'll let you know if the strategy has long term profit potential

Larry

Great Larry. Sometimes take a sneak peek at D1 also good to spot some major retracements.

[Haggadah]

Hi all

Any pair that is <.4 or >.4 is a potential trade.

Larry

Do you mean < -0.4 or 0.4 > ?

Haggadah

[Larryk]

Hi all

Any pair that is <.4 or >.4 is a potential trade.

Larry

Do you mean < -0.4 or 0.4 > ?

Haggadah

I mean <-0.4 or >0.4

Sorry about the confusion

Larry

[Larryk]

Other than not worrying about the D/W/M pivot order, isn't this about the same as 10.2A? At least the entry?

If you are referring to my post.

Yes it is, I had to simplify the trading for myself as my brain freezes as soon as I have more than 2 inputs to process!

Larry

[Haggadah]

Hi all

Any pair that is <.4 or >.4 is a potential trade.

Larry

Do you mean < -0.4 or 0.4 > ?

Haggadah

I mean <-0.4 or >0.4

Sorry about the confusion

Larry

Yeah, I got it, no problem at all.

Haggadah

[harry89]

Screen Shot 2012-07-16 at 8.16.06 AM.png

Basket on, the usual suspects - slopes greater or less than .6