10.3 SCALPER/RANGE TRADE SYSTEM
- nanningbob
- Trader
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM
These are the eur/jpy and gbp/jpy Japanese products are overpriced in major markets because of devaluation of currencies. Now JPY wants back in by devaluing their currency. Currency war time from Asia.
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I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
- nanningbob
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- Joined: Sun Dec 04, 2011 1:23 pm
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Some pairs have already broken up, the others will follow. Some articles written have said 25-40% devaluation is the goal. Time to make money.
Remember this rule in Forex. follow your charts unless an overriding fundamental is in play then always go with the strong fundamental no matter what your charts say. Anyway I plan on making some money on this one. JPY sells early 2013. buy aud nzd cad gbp euro nzd usd against the jpy until another force stops them.
You do not have the required permissions to view the files attached to this post.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
-
xrismak
- Trader
- Posts: 710
- Joined: Tue Apr 24, 2012 9:43 pm
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:Some pairs have already broken up, the others will follow. Some articles written have said 25-40% devaluation is the goal. Time to make money.Remember this rule in Forex. follow your charts unless an overriding fundamental is in play then always go with the strong fundamental no matter what your charts say. Anyway I plan on making some money on this one. JPY sells early 2013. buy aud nzd cad gbp euro nzd usd against the jpy until another force stops them.
Bob,
Thank you very Very Very Much for this Current set of Updates and Booklets.
You might not hear from me in terms of Posting on the Forum for some time, this is Because I want to Read and Understand the Booklet 5 times over, then I will probably ask a few Questions and Come Alive Again on the Forum
I Will Be Back Soon... I Have to Study Seriously for a While.
Many Thanks,
xrismak.
- alex_forex
- Trader
- Posts: 438
- Joined: Tue Nov 15, 2011 5:46 pm
- Location: F R A N C E
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Wow !
Thank you so much Bob !
This simplicity and those great explanations, and the full trading package included... I am really
impressed, this is breathtaking
We are lucky guys
Have a nice Sunday
Cheers
Alex
Thank you so much Bob !
This simplicity and those great explanations, and the full trading package included... I am really
impressed, this is breathtaking
We are lucky guys
Have a nice Sunday
Cheers
Alex
- pips400
- Trader
- Posts: 279
- Joined: Tue Jan 01, 2013 9:03 pm
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Once again, I'm so grateful to Bob for sharing so much of his experience with us, and for Steve doing such a great job on this forum and with all the hard work in coding EAs etc.
Here's my next question: I notice from visual backtesting, that there are times when there is a SRF setup (Support/Resistance/Fail) but to take this trade would mean going opposite to the 10.3 rule. For instance, support DO is above DP and price is above DO. So missed the 10.3 trade, but then price doesn't make it to R1 and starts to reverse down. My question is, should I go short and sell because this could be a SRF setup?
Here's my next question: I notice from visual backtesting, that there are times when there is a SRF setup (Support/Resistance/Fail) but to take this trade would mean going opposite to the 10.3 rule. For instance, support DO is above DP and price is above DO. So missed the 10.3 trade, but then price doesn't make it to R1 and starts to reverse down. My question is, should I go short and sell because this could be a SRF setup?
Trade the edge not the moment
Dragons Lair Trading - My Personal Trading Journal and Strategy
Dragons Lair Trading - My Personal Trading Journal and Strategy
- nanningbob
- Trader
- Posts: 4564
- Joined: Sun Dec 04, 2011 1:23 pm
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
A person who has read my 10.2 bookletpips400 wrote:Once again, I'm so grateful to Bob for sharing so much of his experience with us, and for Steve doing such a great job on this forum and with all the hard work in coding EAs etc.
Here's my next question: I notice from visual backtesting, that there are times when there is a SRF setup (Support/Resistance/Fail) but to take this trade would mean going opposite to the 10.3 rule. For instance, support DO is above DP and price is above DO. So missed the 10.3 trade, but then price doesn't make it to R1 and starts to reverse down. My question is, should I go short and sell because this could be a SRF setup?
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
- nanningbob
- Trader
- Posts: 4564
- Joined: Sun Dec 04, 2011 1:23 pm
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
500 downloads in less than 24 hours. Dang.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
-
Jollyroger
- Trader
- Posts: 91
- Joined: Wed Nov 16, 2011 4:13 am
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
What might be a little less encouraging is there were only about 40% that downloaded the tutorials.nanningbob wrote:500 downloads in less than 24 hours. Dang.
- blazko
- Trader
- Posts: 86
- Joined: Thu Dec 01, 2011 10:57 am
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob thanks a lot for the effort and lovely done booklets.
I do have one question / doubt:
On page 17 you say
Best regards,
blazej
I do have one question / doubt:
On page 17 you say
but... and sorry for bringing the whole repaiting stuff back again... isn't it true that WHILE point 1 happend in real time, the TMA could have looked different? Still red for example...1. Price crosses weekly pivot (gold line)
2. TMA turns green or teal and later crosses the 4 line on TMA
Best regards,
blazej
cheers
- alex_forex
- Trader
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- Joined: Tue Nov 15, 2011 5:46 pm
- Location: F R A N C E
Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob,
Thank you also for your great insights on the YEN
I am curious about the Policy Board meeting Jan. 21-22
Cheers
Alex
Thank you also for your great insights on the YEN
I am curious about the Policy Board meeting Jan. 21-22
Cheers
Alex