10.4 A Complete System

[cmeade2]

Basically it's a derivative of Baluda's CSS indicator.

<snip>
The problem is that the Gbp continues to be strong and the Nzd is totally in the basement.
</snip>

Hi Cmeade2:

Wondering what measure is telling you that GBP is strong & NZD is weak. On the 10.4 INFO Page I have GBP at -0.84 and NZD at 0.03
Thanks
Mark

[cmeade2]

Here's a simple plot of the Gbp Nzd from Baluda's CSS. As you can see the Gbp is above the Nzd. It's going up while the Nzd continues to go straight down.

Basically it's a derivative of Baluda's CSS indicator.

<snip>
The problem is that the Gbp continues to be strong and the Nzd is totally in the basement.
</snip>

Hi Cmeade2:

Wondering what measure is telling you that GBP is strong & NZD is weak. On the 10.4 INFO Page I have GBP at -0.84 and NZD at 0.03
Thanks
Mark

[Gertje]

Here's a simple plot of the Gbp Nzd from Baluda's CSS. As you can see the Gbp is above the Nzd. It's going up while the Nzd continues to go straight down.

Basically it's a derivative of Baluda's CSS indicator.

<snip>
The problem is that the Gbp continues to be strong and the Nzd is totally in the basement.
</snip>

Hi Cmeade2:

Wondering what measure is telling you that GBP is strong & NZD is weak. On the 10.4 INFO Page I have GBP at -0.84 and NZD at 0.03
Thanks
Mark

That's just a indi copying the PA of the pair.
If one looks at the OVERALL strength of the 2 currencies involved, one might see a different picture.

In Bunkers DBM thread is a template that shows the individual currencies strength, measured over all the pairs it is involved in. Can't find it right now, but I bet there's another picture to be seen.

[cmeade2]

Bunkers DBM thread is totally derived from these curves. He takes the MACD of them to assess the strength. His results are totally consistent.

Here's a simple plot of the Gbp Nzd from Baluda's CSS. As you can see the Gbp is above the Nzd. It's going up while the Nzd continues to go straight down.

Basically it's a derivative of Baluda's CSS indicator.

<snip>
The problem is that the Gbp continues to be strong and the Nzd is totally in the basement.
</snip>

Hi Cmeade2:

Wondering what measure is telling you that GBP is strong & NZD is weak. On the 10.4 INFO Page I have GBP at -0.84 and NZD at 0.03
Thanks
Mark

That's just a indi copying the PA of the pair.
If one looks at the OVERALL strength of the 2 currencies involved, one might see a different picture.

In Bunkers DBM thread is a template that shows the individual currencies strength, measured over all the pairs it is involved in. Can't find it right now, but I bet there's another picture to be seen.

[spotdespot]

That's just a indi copying the PA of the pair.
If one looks at the OVERALL strength of the 2 currencies involved, one might see a different picture.

In Bunkers DBM thread is a template that shows the individual currencies strength, measured over all the pairs it is involved in. Can't find it right now, but I bet there's another picture to be seen.

This one? Bear in mind you need to ignore the latest "period" as it's only a couple of minutes old.

EDIT: The green line is the total currency equity Vs all pairs. The Purple is just an MA I was playing with.

[wolfeman]

To prevent a "touch" of the WR from opening the trade. It touched twice and then ran up. I deleted my pending, BTW.

I like it too, alli. I've got a pending short at 8265

what do you guys think about GBP/NZD ? looks like we might have a short position, but i would like some feedback

lol yeah, i was looking at the same thing

Why did you put your entry so far away from the WR1. I entered short at 8292. Is that too soon?? Currently its hovering around b/e for me. I assume you've not triggered yet?

[Gertje]

Bunkers DBM just BOUGHT GBPCAD, -AUS and -CHF ..............

[spotdespot]

Here's an interesting one - AUDCAD.

This is where I would excercise caution (yet again - must be old ) but the red line path is possible so if I were looking at this pair I would give myself a bit of room with the pending above the pivot.

What do people think?

Cheers,
Dave.

[Gertje]

To prevent a "touch" of the WR from opening the trade. It touched twice and then ran up. I deleted my pending, BTW.

Why delete your pending?
Setup is still valid -> RSI at the top waiting for a withdrawal.

[cmeade2]

Dave

Which way are you thinking. I have already made a bunch of money on the way down, but that was against the rules. And I got out because it seemed kind of tired. Again, if you want to go long, I think you need to wait for some movement in the RSI(2).

cmeade2

Here's an interesting one - AUDCAD.

This is where I would excercise caution (yet again - must be old ) but the red line path is possible so if I were looking at this pair I would give myself a bit of room with the pending above the pivot.

What do people think?

Cheers,
Dave.