10.3 SCALPER/RANGE TRADE SYSTEM

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nanningbob
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by nanningbob »

blazko wrote:Bob thanks a lot for the effort and lovely done booklets.
I do have one question / doubt:
On page 17 you say
1. Price crosses weekly pivot (gold line)
2. TMA turns green or teal and later crosses the 4 line on TMA
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...

Best regards,
blazej
I am no longer debating this whole issue. I have watched this indi in real time for over 6 months and I have used it successfully. Again over and over and over again I state the issue and people just dont get it. It reads the total strength of the move and how the angle of the TMA has been progressing. It tells you whether the angle is increasing or decreasing in strength. If you cant read that signal throw it off your screen then. I am done with the issue. Either you can read it or you cant.

I have also said over and over again you are not basing your entrances and exits on the TMA. I have wrote that from the very beginning. What it is telling you is the strength of the move and for you to know that, that information has to be updated with every bar. IT IS NOT A REPAINTING ISSUE IT IS AN UPDATING OF THE INFORMATION. This information means, is the angle increasing or decreasing????? MACD, AO, TMA true will not, let me repeat it one more time so maybe just maybe you will finally get. They will not give you that information. TMA norm is the only indi that does to my knowledge. So learn to use it properly. The TMA True is NOT an accurate read of the strength of the move it gives you the same info that two MAs being compared on an histogram do.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
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"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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nanningbob
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by nanningbob »

alex_forex wrote:Bob,

Thank you also for your great insights on the YEN :-)

I am curious about the Policy Board meeting Jan. 21-22 :geek:

Cheers
Alex
Me too.
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
xrismak
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by xrismak »

nanningbob wrote:
alex_forex wrote:Bob,

Thank you also for your great insights on the YEN :-)

I am curious about the Policy Board meeting Jan. 21-22 :geek:

Cheers
Alex
Me too.

Peeps,
Better Days ahead with the Yen Pairs, so long as there are no Silly Fundamentals to wreak Serious Havoc.

Happy Trading Y'all
xrismak ;)

1.07 DWMP has some different settings than the older versions. I believe the all pairs is based on 1.06 so there will be times they will give different signals but most times they will agree.
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xrismak
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by xrismak »

Peeps,

Anything can happen within a twinkle of an Eye with trading Forex, Now I know why MPTM 10.3 -18+100 should always be a handy tool, I need to find a hot Key for it. won't close this trades as yet, let's see what Happens as I need to be seeing these trades close to DR1 then I will Engage the MPTM 10.3 -18+100 Again.

Happy Trading Y'all

xrismak :cry:
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Last edited by xrismak on Mon Jan 07, 2013 2:02 am, edited 1 time in total.
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kwanann
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by kwanann »

xrismak wrote:Peeps,

Anything can happen within a twinkle of an Eye with trading Forex, Now I know why MPTM 10.3 -18+100 should always be a handy tool, I need to find a hot Key for it. won't close this trades as yet, let's see what Happens.

Happy Trading Y'all

xrismak :cry:
actually, based on NB 10.3 and the jump ea (+5), you should have managed to put some pips in your pocket before the downswing to WR2.

I'm playing fundamentals now, only buy xxxJPY, but with very tight SL/TP since it can go either ways in the blink of an eye
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
xrismak
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by xrismak »

kwanann wrote:
xrismak wrote:Peeps,

Anything can happen within a twinkle of an Eye with trading Forex, Now I know why MPTM 10.3 -18+100 should always be a handy tool, I need to find a hot Key for it. won't close this trades as yet, let's see what Happens.

Happy Trading Y'all

xrismak :cry:
actually, based on NB 10.3 and the jump ea (+5), you should have managed to put some pips in your pocket before the downswing to WR2.

I'm playing fundamentals now, only buy xxxJPY, but with very tight SL/TP since it can go either ways in the blink of an eye
Kwanann,
Thanks for the head's up, I am still doing a bit of Study with what will work best as regards these EA's, I will put that fact with regards to the Jump EA in my Brain for later redeployment.

Happy Trading,

xrismak ;)
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nanningbob
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by nanningbob »

xrismak wrote:Peeps,

Anything can happen within a twinkle of an Eye with trading Forex, Now I know why MPTM 10.3 -18+100 should always be a handy tool, I need to find a hot Key for it. won't close this trades as yet, let's see what Happens as I need to be seeing these trades close to DR1 then I will Engage the MPTM 10.3 -18+100 Again.

Happy Trading Y'all

xrismak :cry:
I almost never trade the Monday JPY session, too many Monday gaps. I will wait until this afternoon (that is China time) for the euro open. Let the weekend news junk settle first.

Here is why I never trade the EUR/CHF There is only a 12 pip range from Daily Support 1 to Daily Resistance 1. Not worth trading.
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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
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nanningbob
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by nanningbob »

I need to find my original explanations of the jump EA along with MM notes. I cant remember what pages those were on. I explained how to increase your win:loss ratios and how the jump EA improved them.
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
User avatar
nanningbob
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Posts: 4564
Joined: Sun Dec 04, 2011 1:23 pm

Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by nanningbob »

kwanann wrote:
xrismak wrote:Peeps,

Anything can happen within a twinkle of an Eye with trading Forex, Now I know why MPTM 10.3 -18+100 should always be a handy tool, I need to find a hot Key for it. won't close this trades as yet, let's see what Happens.

Happy Trading Y'all

xrismak :cry:
actually, based on NB 10.3 and the jump ea (+5), you should have managed to put some pips in your pocket before the downswing to WR2.

I'm playing fundamentals now, only buy xxxJPY, but with very tight SL/TP since it can go either ways in the blink of an eye
Those Monthly R lines I showed last page are very key to knowing where JPY can go next. Those pairs that have broken the R line can retrace and test it. Old resistance becomes the new Support. The other pairs that have not broken yet may bounce a couple of times before they do. So the Fundamentals of the new govt. is to depreciate the JPY however, they have to implement it. So you may see price hug those R/S line until then.
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
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kwanann
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by kwanann »

nanningbob wrote:I need to find my original explanations of the jump EA along with MM notes. I cant remember what pages those were on. I explained how to increase your win:loss ratios and how the jump EA improved them.
Hi nanningbob,

if i remember correctly, its in the 10.3 document, somewhere at the end
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
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