10.4 A Complete System

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kwanann
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Re: 10.4 A Complete System

Post by kwanann »

Hmm but I remember reading somewhere that someone wants the usdjpy to be pegged at 100, max is 110. Not sure if it will really go so far up. Guess if it did, there might be a violent correction the likes of last month
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cmeade2
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Re: 10.4 A Complete System

Post by cmeade2 »

OK Bob it looks like all the yen pairs will open with green bars on the 10.5 CSS and they will be above the 240.

So do we set pendings above the next level on the weekly lines?
nanningbob wrote:Obviously the one with the greatest potential will be the gbp/jpy. Look for your biggest moves coming from there. usd/jpy will have big moves if it can break those big resistance areas. The others have upside but maybe limited unless they break previous highs and go to ?????????????
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zentauro67
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Re: 10.4 A Complete System

Post by zentauro67 »

I hope Bob doesn´t find I´m cluttering too much. Weekends are so boring and I´ve been playing with new CSS as a pervert.

I like the new conservative approach from this filter (CSS is rock solid). Sometimes it's a little frustrating, like a stepmother who tells you what not to do.

I suspect most of us devote great attention to the slope, waiting for the moment of crossing, and this wait could cause us the very anxiety precisely CSS wanted to avoid. Slope is like a snake you don´t know the next move, and different brokers data can make us feel unsafe about an imminent crossing.

A way to do it mechanical, (semaphore style) for those who look for a quiet "get ready" signal for a CSS color change, could be using a MACD put in bars (profiting the empty background from RSI2). MACD gives reversal signals 3 or even 4 bars before than CSS (16 hours!) but it is obviously very noisy and risky. Could be used as an agressive mosquito, trying to get yout attention on a probable CSS color change. A fast MACD (8,17,9) works very well in 1h. (12,26,9 for 4h)

This is the MACD bars indi:
MTF_MACD_Bars.mq4
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MurphyMan
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Re: 10.4 A Complete System

Post by MurphyMan »

Latest version of Bob's Fishing Lessons in post #1 of the Dummies thread. It was getting too big so I had to split the file.

http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1504

Cheers.

Sam :D
Wkcfx
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Re: 10.4 A Complete System

Post by Wkcfx »

Thanks very much MurphyMan! I really appreciate your efforts!

all the best
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bluedog23
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Re: 10.4 A Complete System

Post by bluedog23 »

usd cad h4.png
nzd cad h4.png
A couple of charts to consider.
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Wkcfx
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Re: 10.4 A Complete System

Post by Wkcfx »

cmeade2 wrote:OK Bob it looks like all the yen pairs will open with green bars on the 10.5 CSS and they will be above the 240.

So do we set pendings above the next level on the weekly lines?
nanningbob wrote:Obviously the one with the greatest potential will be the gbp/jpy. Look for your biggest moves coming from there. usd/jpy will have big moves if it can break those big resistance areas. The others have upside but maybe limited unless they break previous highs and go to ?????????????
This morning i'm seeing the same cmeade2. however, the RSI on all are topped out on 4h and 1h. I believe GJ for example, has that support area a bit lower at the WR1 so wouldn't a slight retrace to that area seem feasible? the place pendings just above the WR1 or not?

thanks
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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

Wkcfx wrote:
cmeade2 wrote:OK Bob it looks like all the yen pairs will open with green bars on the 10.5 CSS and they will be above the 240.

So do we set pendings above the next level on the weekly lines?
nanningbob wrote:Obviously the one with the greatest potential will be the gbp/jpy. Look for your biggest moves coming from there. usd/jpy will have big moves if it can break those big resistance areas. The others have upside but maybe limited unless they break previous highs and go to ?????????????
This morning i'm seeing the same cmeade2. however, the RSI on all are topped out on 4h and 1h. I believe GJ for example, has that support area a bit lower at the WR1 so wouldn't a slight retrace to that area seem feasible? the place pendings just above the WR1 or not?

thanks
I have buy pendings above the last high in case it spikes during the JPY session. Other wise I will wait for a dip in the UT.
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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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

Strong Currencies for the week appear on daily CSS to be the CAD, welcome to the top two Canandians, and the Pound. Weak pairs look like the Aud and JPY. Aud may strengthen and JPY weaken. USD may rise after some good news last week.

4H CSS shows USD and CAD rising GBP holding steady.
AUD rising CHF and JPY sinking

HAVE FUN.
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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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

I'm fairly new to Forex but have been following your thoughts on this forum with great interest. I am a bit of a rookie when it comes to computers. I read that some people are having problems with RAM using 10.5. I loaded up 15 charts with 10.5 and noticed that my computer immediately slowed down. When I deleted the charts it returned to its normal speed. I understand that I was using too much memory on my laptop. Some people have asked you about this and you tell them to reduce the number of bars. Can you explain to me how to do this? I'm not sure how to make that happen.

When you first load up Empty4 Downloads all the info for all the TF for all the charts. That takes time. Keep adding charts one by one until everything is loaded. If you still have computer slowdown there are more things you can do. Let us know.
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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