10.4 A Complete System

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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

I will be taking off this weekend and going to Bei Hai. Have dinner out along the ocean restaurant, take a break. I dont know how much trading I will be doing but with 2 days left and 742 pips in the bank for the week I want to see if I can pick up that last 250+ pips to make a thousand. SOOOOOOOOOOOooooo I will not be posting just before the euro opening like normal because I will be on a bus then so I will have to make that post early or wait until I get to the hotel and settled in. Yes .......... cant wait. So Off I go.

No i dont not know what to do with eur/cad which is now at what S4 sheeeeeesh.
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SteveHopwood
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Re: 10.4 A Complete System

Post by SteveHopwood »

nanningbob wrote:I will be taking off this weekend and going to Bei Hai. Have dinner out along the ocean restaurant, take a break.
Sounds wonderful. Enjoy.

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Wiggy1965
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Re: 10.4 A Complete System

Post by Wiggy1965 »

TraderDesk wrote:A quick look at E/J for the next two days with 10.4... I am looking at the STO version but you can use RSI as well... STO has flatline at B and AO is negative showing red... True to form today the range was 192 pips which is very close to the 201 ten day average...

What can we expect? Well I don't know but I do look at probabilities. Usually after a day like today we would expect PA to rise. How high I don't know but I am looking at WS1(121.80) up to Weekly mid support 1 which is around 122.40-50... Now when will PA again start to fall from these levels? I would look at Friday around 0800gmt for PA to become bearish once again....

Any thoughts?
Have you looked at the daily, how does the daily adjust your thinking...?

Wiggy
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Wiggy1965
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Re: 10.4 A Complete System

Post by Wiggy1965 »

cmeade2 wrote:Almost all trades will win if you wait long enough!!


zentauro67 wrote:Bored with the system? This is the first time in my life i have 14 winning trades in a row!
"Almost all" Is that sitting on the fence...?
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huhpapa
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Re: 10.4 A Complete System

Post by huhpapa »

nanningbob wrote:I will be taking off this weekend and going to Bei Hai. Have dinner out along the ocean restaurant, take a break.
Have a great time ... :D
cmeade2
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Re: 10.4 A Complete System

Post by cmeade2 »

Bob

You have made a number of negative comments about your lifestyle, all of which are unfortunately imposed on you from the outside. Despite these factors, it seems that you continue to have an incredibly great time and live a really great life.

Have a wonderful weekend.

cmeade2


nanningbob wrote:I will be taking off this weekend and going to Bei Hai. Have dinner out along the ocean restaurant, take a break.
cmeade2
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Re: 10.4 A Complete System

Post by cmeade2 »

AusUsd definitely seems to be a valid long. AudCad might also be.
garyfritz

Re: 10.4 A Complete System

Post by garyfritz »

I've got a pending in AUDUSD, but by strict Bob Rules you'd have to put your pending above the 240 for AUDCAD. It kinds looks to me like it's turned south. AUDUSD might be too -- the CSS lines have crossed.
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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

No or. Little retracement on euro so set pending again. Gonna ride it until it stops dropping. Indis mean nothing right now with the euro.
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
TraderDesk
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Re: 10.4 A Complete System

Post by TraderDesk »

Wiggy1965 wrote:
TraderDesk wrote:A quick look at E/J for the next two days with 10.4... I am looking at the STO version but you can use RSI as well... STO has flatline at B and AO is negative showing red... True to form today the range was 192 pips which is very close to the 201 ten day average...

What can we expect? Well I don't know but I do look at probabilities. Usually after a day like today we would expect PA to rise. How high I don't know but I am looking at WS1(121.80) up to Weekly mid support 1 which is around 122.40-50... Now when will PA again start to fall from these levels? I would look at Friday around 0800gmt for PA to become bearish once again....

Any thoughts?
Have you looked at the daily, how does the daily adjust your thinking...?

Wiggy
Hi Wiggy,

I am looking at the charts using Bob's 10.4 framework... Price is below the 240ma in E/J so that satisfy my bias in setting up new bear positions. I am a visual trader so I always look for patterns and in this currency pair you can trade against them.

Right now we have EUR weakness so PA can continue south but is that the picture for today? I can open new positions today and TP at around 118.5 in case price moves south or wait until 10.4 conditions are met to open up new pending's...

Also keep in mind that it might be a case of no matter what you do EUR is heading down and it doesn\t matter where you place your positions. In my case, I don't ever assume the market will do something and I also HATE drawdown (floating or actual). :) So I tend to err on the side of caution...
TraderDesk
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