10.4 A Complete System

[Anonymous]

hey guys i've been googling like crazy.. is there any where i can find more information about the slope indicator ? or is that even relevant anymore to 10.4 ?

Try here http://www.stevehopwoodforex.com/phpBB3 ... f=45&t=629

in Baluda's indicators.

thank you ! however they don't explain how to read it.. how do you know what's long and what's short ? what do the numbers mean ? all these things i'm trying to learn

If you read Bob's 10.4 PDF, there is no mention of using slope strength in the decision making.

However, if you would like to find out how the TMA SLOPE INDICATOR was used in Bob's 10.2 trading system, try here http://www.stevehopwoodforex.com/phpBB3 ... f=38&t=562

Suggest stick with NB 10.4.

[Nipponho]

this looks good for entry now?

gbpcad.png

Hi, i entered a sell on this one nearby R1 at 1.5593 as a SRF trade, trading pivot to pivot.

Using 10.2, when i enter, daily slope is -0.36, so my sell trade is in harmony with daily slope. But when i flip to H4, slope shows +0.23. When i refer to Bob's booklet on SRF, there is no mention on the need to check for harmony with daily slope.

Any veterans can advise how to reconcile such conflicts? Or just ignore tms and trade both ways pivots to pivots?

[davek]

my two 10.4 trades doing nicely.gif

gbpjpy current 10.4 trade.gif

eurusd current 10.4 trade.gif

The two trades I entered last night are doing nicely.

The blue box on my eurusd chart is the fibo retracement levels, 50%, 61.8%, and 70.7%

I really like Steve's 10.4 pending order placement script, works really well and is such a time saver.

[blazko]

what are we looking for in the dashboard ? i'm having some issues trying to figure it out. how to find pairs that are getting ready for a setup

green pair name is a pending long
red pair name is a pending sell

EDIT:

i figured out the RSI part.. no worries. would be nice if you guys could add " above " or " below " 240 to the dashboard

you got this already- look for colors. Red below, green above. Thought its pretty simple.

[mjws00]

I'm flat. Just so much money I'd rather sleep than think about it. It isn't yours unless you keep it Way over 1500 pips yesterday. Lots of trades may still be valid runners. Green pips ya'll. zzzzzzzz.

[Wiggy1965]

I'm flat. Just so much money I'd rather sleep than think about it. It isn't yours unless you keep it Way over 1500 pips yesterday. Lots of trades may still be valid runners. Green pips ya'll. zzzzzzzz.

It wont be too long and you will be able to buy Calgary...

Wiggy

[mjws00]

Lol. Wiggy just give me one day a year like that, but let me know when it's comin.

So much for sleeping. Body says yes mind says no. Staying out, regardless... too easy to tilt. Trades were all posted here in real time. Just a moving day. We might get continuation. Don't know don't care. I have clients to deal with tomorrow any way.

[Gertje]

Truthfully I think we are over trading the crap out of this thing.

I know I am. Have to keep myself from 'seeing' setups WAY before they are there.

[Gertje]

USDJPY is setting up for a nice multi-level play.
If it bounces of the 240MA, I'll take;
- MS2
- S1
- MS1
- WP
- ....?

Didn't use the 240MA as SL, but 100 pips instead. 2% risk.

Looking forward....

[mjws00]

The blue zones concern me for the ride back up. But they can be taken. Anything above those zones and I'm looking to reload short. I'd take it short at a fib on nice PA as well. It has to retrace, good luck on the leg.

Mike