10.4 A Complete System

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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

Another valid trade signal but this time using the weekly pivot. The earlier signal was taken and TP at WS1. Price has retraced and becomes a valid signal when price went above the WP line. That is another trigger other than the RSI 2 So I place two pending sells. 1 at WP and the other at WMR1 with a TP at WS1
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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: 10.4 A Complete System

Post by nanningbob »

Jemook wrote:Hey Bob,

You know I'm one of your biggest fans and there are A LOT of them. No one has influenced my trading more than you have so I better say thank you again for all you do. I opened up your new document and saw 45+ pages and I thought Uh Oh, Bob's gone mad.. But then I read through it and wow, I'm impressed.

Very funny, well formatted and easy to understand. Once again you've outdone yourself. Look out peeps, Bob is back in the building!! Congratulations!
Thanks, I never thought that thing would get so big. Actually I forced myself to stop writing, there have been so many things I have wanted to put into one booklet. I will post some trades and then get to work leaving or the USA in 3 days and I have to get my taxes done, update my financial reports, pack, etc etc.
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: 10.4 A Complete System

Post by nanningbob »

nanningbob wrote:Another valid trade signal but this time using the weekly pivot. The earlier signal was taken and TP at WS1. Price has retraced and becomes a valid signal when price went above the WP line. That is another trigger other than the RSI 2 So I place two pending sells. 1 at WP and the other at WMR1 with a TP at WS1
Yes also note the double bottom so it may not go that far.
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: 10.4 A Complete System

Post by nanningbob »

I had some issues with my Empty4 bogging down. I reset the look back bars from 2000 to 200 and I cleaned out both of my log folders inside Empty4. If any of you have the same problem those are some of the fixes.
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: 10.4 A Complete System

Post by nanningbob »

eur/nzd a very explosive currency has a double bottom at the 240 line and a nice wedge. Again the WP becomes the signal and that triangle price could explode when it breaks up again. I may change my TP later. I find this an intrigueing trade. Price breaks that double bottom down then I take the trade off the board. Dang you really see things with this system you would sometimes miss other wise. Gives very clear potential signals. Any good news coming out of euro land and you have one heck of a trade here.
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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: 10.4 A Complete System

Post by nanningbob »

I will place a usd/cad later today. It looks like a good setup. My wife and I are going out for breakfast. Happy 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: 10.4 A Complete System

Post by nanningbob »

I did try to set the booklet to a PDF file but it was too big to upload. Can someone do that for me and I will post it on page 1.
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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rebyte2
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Re: 10.4 A Complete System

Post by rebyte2 »

Hi Bob...

you are 100% in saying that the trades are really easy to see.I cannot believe how i missed so many what now seems, 'easy' trades.

A big congrats to you and your team of assistants/ helpers.

Can i suggest (only) if an alarm can be added to the RS!2 indy when it enters either OB/ OS zones.

Reasoning being that there is so many pairs to monitor, this would help to quickly identify pending trades.

Other wise, it appears to be a fantastic strategy.

BTW... checkout AUDUSD setting up for another fall??

Cheers
Ross
bshoe24
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Re: 10.4 A Complete System

Post by bshoe24 »

Thanks Bob for your continued generosity. I have a question about the marketinfo indi which provides the suggested lotsize for % allocation. I am wondering if it should be changed to give the trade size for when price is at the WP, MR1, R1 (for pending Longs) for 1/2%, 1%, 2% because the SL size changes depending on where you enter and i think you intend the risk to stay the same per position regardless of SL distance. Right now it is giving the size from the current price unless i am mistaken. I realize this would probably mean a bigger blue info panel for more info to display. Would this be too hard to program? If i have misunderstood something i apologize.
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rebyte2
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Re: 10.4 A Complete System

Post by rebyte2 »

Oh... there is something else(hehe).

Can you add a time count down(in minutes) on the current 4H candle?

I use a separate one that sits on the chart.

If you put it into that blue information box, it will sit out of the way, not like the current one i'm using.

Just a thought.

cheers
Ross
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