To bad the lines aren't horizontal so they can be used as entry/ exit points...zentauro67 wrote:Swingman made a fine Gann grid indi. You must set to true "show Ganngrid", and put in false the others (none for colors, just silver for the grid)
10.4 A Complete System
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Gertje
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Re: 10.4 A Complete System
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zentauro67
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Re: 10.4 A Complete System
@Gertje
Good point. I´m using Another Brian´s TT2P for the entries, so the slope is not a problem. Anyway, I don´t use any grid, just pivots or PA.
Good point. I´m using Another Brian´s TT2P for the entries, so the slope is not a problem. Anyway, I don´t use any grid, just pivots or PA.
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Gertje
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Re: 10.4 A Complete System
Had been thinking about Bob's earlier proposal to scrap the pivots and just use the grid from Empty4.zentauro67 wrote:@Gertje
Good point. I´m using Another Brian´s TT2P for the entries, so the slope is not a problem. Anyway, I don´t use any grid, just pivots or PA.
I love my daily pivots, but am open to change to make live easier.
Seems like GBPJPY is setting itself up for an early friday-run....
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TraderDesk
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Re: 10.4 A Complete System
Yes it is...I just took some profit with the 1 hour positions and I am waiting for price to retrace back down 153.30-60 to add more positions....Gertje wrote:
Seems like GBPJPY is setting itself up for an early friday-run....
4 hour chart pendings and open positions are waiting for a big move tomorrow where I am looking for a high tomorrow in the 12:00-16:00 4 hour bar. It will be nice for 156.40-60 area to be touched...
TraderDesk
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IanV
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Re: 10.4 A Complete System
[quote="zentauro67"]Swingman made a fine Gann grid indi. You must set to true "show Ganngrid", and put in false the others (none for colors, just silver for the grid)
Of course the best grid of all is Price. Whole, half and quarter numbers. That's all I use with a little historic S/R. That's what the MMs work to.
Of course the best grid of all is Price. Whole, half and quarter numbers. That's all I use with a little historic S/R. That's what the MMs work to.
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spillini
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Re: 10.4 A Complete System
FYI, Good time to sell EUR/GBP at a bargain, guys.
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zentauro67
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Re: 10.4 A Complete System
@Gertje, IvanV
Daily pivots are a great tool for 10.5, but as all pivots only work well in fluidity zones. Pivots are just an intelligent way of plotting the average range, and average means nothing in strong S/R areas. Sometimes Pivots are misleading because they are also reversal zones and putting an order on it could be dangerous. That´s why I find midpivots much safer for pendings.
What could be the alternative? Grids? Round numbers? I´m using horizontal lines from Slipshod´s SR indi and I´m happy with it. They are great for entries and takeprofits and sometimes suggesting some extra pips for 240 SL if price action reveals the support is a bit lower or higher. This lines are not related to previous ranges but to the very price action. Bob said once that pivots worked for him as "an excuse" to send pendings and I still use them that way in open spaces. If price is in a fluidity zone, without proven S/R near, pivots work fine.
I keep the pivots in the shifted area (just processing 3 bars) and use the chart for the other lines. This in example. You can see, pivot and ss-sr lines almost match, but resistance goes a bit further than 240 and support comes a bit earlier than WS1.
Daily pivots are a great tool for 10.5, but as all pivots only work well in fluidity zones. Pivots are just an intelligent way of plotting the average range, and average means nothing in strong S/R areas. Sometimes Pivots are misleading because they are also reversal zones and putting an order on it could be dangerous. That´s why I find midpivots much safer for pendings.
What could be the alternative? Grids? Round numbers? I´m using horizontal lines from Slipshod´s SR indi and I´m happy with it. They are great for entries and takeprofits and sometimes suggesting some extra pips for 240 SL if price action reveals the support is a bit lower or higher. This lines are not related to previous ranges but to the very price action. Bob said once that pivots worked for him as "an excuse" to send pendings and I still use them that way in open spaces. If price is in a fluidity zone, without proven S/R near, pivots work fine.
I keep the pivots in the shifted area (just processing 3 bars) and use the chart for the other lines. This in example. You can see, pivot and ss-sr lines almost match, but resistance goes a bit further than 240 and support comes a bit earlier than WS1.
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tboy
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Re: 10.4 A Complete System
zentauro
would you be able to post the slipshod indi? looks interesting.
Thanks
tboy
would you be able to post the slipshod indi? looks interesting.
Thanks
tboy
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padnoter
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Re: 10.4 A Complete System
it's on this forum... you can find it in the 1st post of;tboy wrote:zentauro
would you be able to post the slipshod indi? looks interesting.
Thanks
tboy
http://www.stevehopwoodforex.com/phpBB3 ... f=27&t=514
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mouradb
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Re: 10.4 A Complete System
hello,
thank you for this excellent systeme.je think if basic rules are applied, the losses will rares.j 'I started two days ago to use and no losses to date.
thank you for this excellent systeme.je think if basic rules are applied, the losses will rares.j 'I started two days ago to use and no losses to date.