10.4 A Complete System

[aworex]

I believe we will all welcome a short covering rally in all the GBP pairs which is bound to happen sometime in the week , maybe with some GBP news, this will in-turn give us 10.4 traders a nice opportunity to enter shorts with 3 or 4 levels. Any upward movement in the GBP pairs is an opportunity to short

[lhDT]

Trades of the day :
AUDCAD long @ 1.05158 +26.1
EURNZD short @ 1.58593 +80.2 & 1.58150 +36
GBPNZD short @ 1.82069 +132 & 1.81074 +34.4
USDCAD long @ 1.02876 -27.5 Entered too early but still looking good with RS1 & Sotchs bottoming.
EURSEK short @ 8.32810 -5 (with a 2.34 short swap, always interesting)

So total running : ~ +280 pips. Not bad for a "slow" monday

[mjws00]

Awesome Lio. Thanks for showing these. I love watching this thing pay out.

Mike

[Foreverforex]

I didn't get a signal on GBPNZD - any insights as to what I've got wrong? (see attached)

[lhDT]

Can I get your insight about AU ?
I'm tempted to short it again to parity (closed at the week open my last week short).
I like the trendline, stochs & rsi2 a bit oversold.

What do u guys think ?

[lhDT]

I didn't get a signal on GBPNZD - any insights as to what I've got wrong? (see attached)

You're right, the first trade was a trendline bounce in a downtrend follow by an oversold stochs, so not really a straight 10.4 trade. The second is a pure 10.4 at mid support.

[Rossobonks]

Can I get your insight about AU ?
I'm tempted to short it again to parity (closed at the week open my last week short).
I like the trendline, stochs & rsi2 a bit oversold.

What do u guys think ?

Looks good for further shorts on 4HR using NB10.4. RSI just moved upto OB and awaiting flattening!

Although we may not swing too far down (could be good for 150 pips down) with this PA bar on the daily right on support. (see attached)

[lhDT]

Can I get your insight about AU ?
I'm tempted to short it again to parity (closed at the week open my last week short).
I like the trendline, stochs & rsi2 a bit oversold.

What do u guys think ?

Looks good for further shorts on 4HR using NB10.4. RSI just moved upto OB and awaiting flattening!

Although we may not swing too far down (could be good for 150 pips down) with this PA bar on the daily right on support. (see attached)

Will check PA at the hourly close. A close below the previous H1 and I short.

[fxgeezer]

Hi guys,

Looks like an interesting system thanks.

I would like to manually backtest this, but wondering if anyone's managed to produce an arrow based indicator, pinpointing the valid historical signals, which would help loads with my testing.

Many thanks.

[Gertje]

I didn't get a signal on GBPNZD - any insights as to what I've got wrong? (see attached)

My signal here was the cross down over the Weekly Pivot.