10.4/10.5 trades only

[nanningbob]

The purpose of this thread is for trades only.

If you post, you must post a pic to show what you mean.

Discussion of system stays in the 10.4 complete system thread. If you post a PM without a pic I or a mod will delete it. Trades only. Show what you mean. Alternative system trades can also be discussed with pics. Show us how you use 10.4 with other indies or systems. Experienced traders show us your wisdom. Ideas outside of 10.4 welcome if it is logical

[zentauro67]

Hopefully, I´ll take this GBPCAD tomorrow if the retrace trendline is broken. I try to follow 10.4 rules, adding some simple trendlines and S/R reading. (I´m using stoch 5,3,3 instead of RSI2)

gbpcad 4h.jpg

[nanningbob]

Aud/nzd cross back over WP and DP place two 10.5 trades on 1H chart. This is 4H

[nanningbob]

After crossing the WP on the 4H set up two pendings at DP and DMP on 1H Look for profit at the DS. aud/nzd is not a big mover so I look for those 20-40 pip profits on this pair.

[nanningbob]

aud/usd is still in its big dive so will reenter at WS1 on the 4H RSI2 has made its way back to the top.

[nanningbob]

Lines are widening on the 1H chart. price didn even retrace to the daily pivot AUD is really weak against the dollar right now. Took 3 pendings at DMP DS1 and the previous low.

[nanningbob]

Cad/jpy will look for it to bounce off of WP again today. RSI 2 is down. May not wait for gold bar but change of direction of the two lines. Cad is Strong and JPY is weak on the CSS.

[nanningbob]

looking for cross back above the DP on cadjpy 1H chart then a 2nd trade at the DM and then another after its previous high for a breakout move today or tomorrow.

[nanningbob]

Hopefully, I´ll take this GBPCAD tomorrow if the retrace trendline is broken. I try to follow 10.4 rules, adding some simple trendlines and S/R reading. (I´m using stoch 5,3,3 instead of RSI2)

gbpcad 4h.jpg

I am playing gbp/cad to break back down back into its trend by the cross of the DP and MP. 1H chart here.

[TraderDesk]

Good morning...

I am showing a picture of GBPJPY CSS 4H with two vertical lines showing potential low and high price action area's.

In the picture below price action is predicted to be at a low in the 04:00 4 hour bar and at a high by the end of Friday trading...Now looking at probabilities is what I do as a trader irrespective of the trading strategy. I will just add it to whatever system I am using like 10.4. So will it happen? I don't know but I do know that it has a better chance of happening then a simple coin toss...

Anyways I want to talk about a trade I am working on with GBPJPY. Trading strategy is to set buy stops on the weekly and daily pivots and to take profit by Friday night...The 10.4 setup as follows: RSI at bottom- check, price above 240ma- check, CSS gold- not check but I am setting buy stops so it should turn gold or green by the time it hits those levels. Done