10.4 A Complete System

[Pueo]

RE: The GBP/CAD diversification example in the pdf, if you would have bought/sold at the first fibonacci bollinger band, could have made some money over the last couple years.. Won't last forever of course but odds seem pretty good for some more ping-pong while it lasts. (if you want the indi, google: fibonacci bollinger band sergiu)

[nanningbob]

Dear Bob
I am greatful for your creativeness, your spirit of sharing, your modesty and your teaching, very greatful.
Actually I had set up my 10.x trading system step by step, set up the different accounts after reading all your booklets again and wanted to start trading it life the day you published 10.4 - what a surprise and what a pleasure!
Your teaching has really helped me to start to understand Fx and stop loosing. THANKS AGAIN. But there has always been one tiny issue, which has really increased my confusion: pips and points. I still mess up indicators and EAs, because some refer to "Pips" and others to points, the last of which you love to call pips too. (I hope I do not confuse the reader.) So for instance I use a 10.x EA, set a SL of 60 Pips just to get my trade closed at a loss of 6 Pips, because ... shit it happens to me again and again.
I know there has been talk about it in your threads and I had understood the matter was settled. But now it comes up again in 10.4: on your Market Info B-Indi you use Pips as everybody else, but on your R/R Ratio Indi you use pips meaning points and we're ready for the next confusion. Steve, or other coders will they use pips or points or both?
So I beg you, PLEASE use "pips" for "pips" and points for points. E.g. the PipValue for EURUSD = $10 and not $1.000 and TargetPrice as well as StopLossPrice are 1/10th of what the Indi says.
If I should be all wrong it just proofs that pips and points have really messed me up
Thanks Mike

??? HUH I dont use the word points and a pip has always been a pip. 1/100 th of a penny in USD.

[Flyhighone]

Without words ....just cool

[Gertje]

Without words ....just cool

What made you make the entry there?

[pipchaser]

Hi Nanningbob..great thread...like your system (I linked over from Steve's msg) I downloaded the zip file and pdf manual which I printed so I can read without being on computer..I put the template and indicators in porper files, I assume the script goes to scrip file, but not sure about the docx file??? I like your theory, and I've realized my losses have been due to SL placement..I had been a student of your other system in Forex factory..keep up the good work, as we profit so will you from donations

[nicoacademia]

yea. look at $EURJPY.
hence why i say.
probably.
better.
than.
*erm*.


edit:130 pips in 34mins? the heads up was there since last night.

[Gertje]

yea. look at $EURJPY.
hence why i say.
probably.
better.
than.
*erm*.


edit:130 pips in 34mins? the heads up was there since last night.

Even if this is better than..... I'll keep doing both....

Currently up 6% for today with 10.4, gotta love this!

[shellsnail]

Just an observation:

200EMA on the 4H chart seems to contain the price action better than the 240 Linear Weighted Open price MA, anyone noticed that as well?

[pips400]

Wow, looking good. Just checked my account, I'm up $64 dollars on 0.01 lot size!! Let's keep this going.

[Pueo]

valid pound/yen entry, major engulfing..