10.2a Oct. 2012 Edition

[xlitang]

If the weekly is below the monthly then sell when it crosses the daily pivot.

"It" = the WP ? Or the price ?
Cheers

It is price. WP does not change.

[gogo]

what to say ?

just that Bob is wise, expert trader and great person !!!
thanks Bob and Steve for all things you are doing !

[okehiedon]

Simply outstanding! Bob Thanks.

[nilvano]

WOW. Seeing the forest instead of blinded by the trees. Appreciated GREATLY.

[Faramirsen]

Thanks for this update - it looks great!

[mak]

I m not a fan of indicator-s based system. But this one, i truly like very much and i may actualy use it.
Simple=Win

Thank you very much for sharing.

[eddysukses]

TQ MR BOB

[nanningbob]

If the weekly is below the monthly then sell when it crosses the daily pivot.

"It" = the WP ? Or the price ?
Cheers

MP= Monthly Pivot
WP= Weekly Pivot
DP = Daily Pivot

When all three are lined up Monthly, Weekly, Daily, and price is behind the daily look to enter at the cross of the daily pivot into the direction of the trend. Then handle the trade based on the strength of the move or fundamentals behind it.

The monthly pivot line will move once a month on the first day of the month. It shows price action long term or should I say for the month. How is price moving for the month up or down.

Weekly Pivot changes once a week at the beginning of the week. How is price acting for that week?

Daily Pivot changes every day at the beginning of the trading day. Is price still moving in the same direction as it has been for the week or month. These lines help you read the flow of price action thereby increasing your odds of successfully making a trade. If you can win more times than you lose and you can make your winners make more pips than your losers, you can have a successful trading career.

[nanningbob]

The first couple of days of a month can be tricky since most of the time the 3 lines are in close proximity to each other. As the month develops, price direction becomes clearer.

[xrismak]

The first couple of days of a month can be tricky since most of the time the 3 lines are in close proximity to each other. As the month develops, price direction becomes clearer.

Nanningbob,
Thank you so very much @ very good man.com may the Almighty keep on showering you with blessings for sharing the gift of NB10.2a with everyone and for those Human beings like Steve Hopwood, Baluda, Neo trader, Jemook and the many others who have contributed immensely to this project through sleepless nights and countless hours of tweeking this masterpiece I thank you, we owe you big time.

happy trading,

xrismak.