10.4 A Complete System

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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

NZD/USD looks good but why wait for break of RMP1 you could place a buy pending above the last swing high establish late Friday and held all day Monday. you could place your buy above it and the next level at RMP1 Play for the breakout at that point. Something you can learn to do when holidays are done.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

NZD/USD looks good but why wait for break of RMP1 you could place a buy pending above the last swing high establish late Friday and held all day Monday. you could place your buy above it and the next level at RMP1 Play for the breakout at that point. Something you can learn to do when holidays are done.
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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Pueo
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Re: 10.4 A Complete System

Post by Pueo »

I'm in a half position. long cad/jpy 92.42, will buy more if it gets to the ws1
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lhDT
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Re: 10.4 A Complete System

Post by lhDT »

NZD/USD Long from yesterday at 8438, waiting now the scale-in to trigger and move my SL to the middle. Stop or run :)
Currently at +70.
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mjws00
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Re: 10.4 A Complete System

Post by mjws00 »

Another successful 10.4 Trade. I'm closing this one. Lot's of resistance here. I'll put the money to work elsewhere. I also want lighten my EUR positions a little. 0.86215 -> .86800 (59 pips or so). We'll see if you more patient folks get a better yield. :)

Don't know a clever way to show historic trades on the chart. If someone wants to show me I'll look in the dummies thread.
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Last edited by mjws00 on Tue Feb 19, 2013 8:09 pm, edited 1 time in total.
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lhDT
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Re: 10.4 A Complete System

Post by lhDT »

mjws00 wrote:Don't know a clever way to show historic trades on the chart. If someone wants to show me I'll look in the dummies thread.
To show historic trades, go to your history, select the trade and drop it to a chart =)
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mjws00
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Re: 10.4 A Complete System

Post by mjws00 »

lhDT wrote:NZD/USD Long from yesterday at 8438, waiting now the scale-in to trigger and move my SL to the middle. Stop or run :)
Currently at +70.
Very nice trade so far Lio. Move of the week :). Hope it runs for ya. I may learn the patience to stay in these eventually. Still perfecting these weekly pivots vs. daily. I tend to live 1HR and below.

Thanks for the Empty4 tip.

Mike
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forextrader-radioman
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Re: 10.4 A Complete System

Post by forextrader-radioman »

nanningbob wrote: [...] wait for break of RMP1 [...] and the next level at RMP1 Play for the breakout at that point. [...]
Hy dear Bob,

please help me (anyone) ... what is "RMP1"? I searched the whole pdf booklet but did not found RMP1 ... what is that?

Also I can not see any "RMP1" at the chart :(

Best wishes to you and yours,
Dietmar

((always those strange abbreviations ... it makes reading and understanding so difficult... for me ... ))
„Reality is merely an illusion, albeit a very persistent one.” (Albert Einstein) "Realität ist lediglich eine Illusion, allerdings eine sehr hartnäckige."
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lhDT
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Re: 10.4 A Complete System

Post by lhDT »

forextrader-radioman wrote:RMP1
Resistance Mid Pivot 1
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forextrader-radioman
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Re: 10.4 A Complete System

Post by forextrader-radioman »

lhDT wrote:
forextrader-radioman wrote:RMP1
Resistance Mid Pivot 1
Thank you! ...

so RMP1 is " Weekly Mid Resistance 1" (I can see that at my chart) ... tzzz ... okeeey ... maybe a better abbreviation could be "wmr1" ... well ... ok .. bye ...

:)
„Reality is merely an illusion, albeit a very persistent one.” (Albert Einstein) "Realität ist lediglich eine Illusion, allerdings eine sehr hartnäckige."
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