10.4 A Complete System

[cjthomson]

you guys make a million yet ?

Almost there.... just 999,000 more to go. This three days have been more in the range mode, will see how Thur-Fri goes.

So far I have for May 14th. 892 pips, Today 811.
For the week 1,728 pips and 12,294 pips for the month. How about you and Gertje?

Trades Total: 318
Trades Won: 257
Trades Lost: 61
pips won +7537
pips lost -1220
Total pips +6317
% increase of account 36%
present DD is less than 3%

And I am only halfway through the month.

Trades Total: 264
Trades Won: 248
Trades Lost: 14
Trades Even: 2
Max Profit: 214 pips
Max Loss: -205 pips
Avg Profit: 54 pips
Avg Loss: -96 pips
Total pips: 12009.7

37.9% increase this month.

I don't know how you achieve these results. it seems unbelievable to me. These are my results this week and I have thrown pendings at everything that looks to be meeting criteria.

[genaja]

The 1H chart has 1 line left. Now what??

Hi Nanningbob,

can´t find the Daily Pivot Indicator you use. Please tell me the download page.

Thanks a lot
genaja

[cjthomson]

Hey Pipstubborn (and Bob)

I understand your approach if you basically have a 10.4 setup and you go to the H1 to set the pendings.

My question is suppose you already have an established trend. For example here in the AUdChf the price is below the 240. The RSI(2) is very low and the CSS bars are red. Would you set pendings on the H1 in the direction of the trend using the daily levels?

Thanks

cmeade2

Hey Pipstubborn

Here's another question if you don't mind:

See attached -

For illustration purposes, say the H4 setup qualifies so then we head to H1 chart...
H1 chart - you set the pendings based on the lines but do you set the pendings like I've illustrated or are the TP's all the same and SL's all the same initially.

Market gave me a hiding today so now I'm questioning things again.

[genaja]

I use Bob's 104V5 template from page 197/198 [see post 1] where I changed the colours to the original colours from 10.4 template. I'll attach a copy later, because that's on my trading VPS.

Hi Gertie,

can´t find the 10.4 V5 Template. You use at your template the indicator 10.4 WP 03.13 and 10.4 WMP 03.13

I try to use search function and read a lot of postings, but cant find the indies. Please post it again.

Thanks a lot!
genaja

[Pipstubborn]

Hey Pipstubborn (and Bob)

I understand your approach if you basically have a 10.4 setup and you go to the H1 to set the pendings.

My question is suppose you already have an established trend. For example here in the AUdChf the price is below the 240. The RSI(2) is very low and the CSS bars are red. Would you set pendings on the H1 in the direction of the trend using the daily levels?

Thanks

cmeade2

No it's too late.... the RSI2 is the bottom flat and is telling you that the move is almost over. The chances to retrace and get chewed is very big and the potential gain is very low, not worth it. You missed it... you missed it.

Go fishing to another pond. Like BP/CD

[Pipstubborn]

Hey Pipstubborn (and Bob)

I understand your approach if you basically have a 10.4 setup and you go to the H1 to set the pendings.

My question is suppose you already have an established trend. For example here in the AUdChf the price is below the 240. The RSI(2) is very low and the CSS bars are red. Would you set pendings on the H1 in the direction of the trend using the daily levels?

Thanks

cmeade2

Hey Pipstubborn

Here's another question if you don't mind:

See attached -

For illustration purposes, say the H4 setup qualifies so then we head to H1 chart...
H1 chart - you set the pendings based on the lines but do you set the pendings like I've illustrated or are the TP's all the same and SL's all the same initially.

Market gave me a hiding today so now I'm questioning things again.

Don't mind to help... You are almost there. BP/CD it's a great example and potential trade. Let's break it,

1. SL, roughly 960 line on H1 is the same as 240 on H4 but since I mostly watch H4 I place my SL above the 240 line, in this case my SL is at WMR1 (1.5622 Cowboy IBFX) The SL is for ALL of the pendings and I don't trail it, because you want to give the Price room to bread (avoiding the noise). If PA keeps going up as it is right now, I don't care cause I was never in. NO PENDINGS were triggered.

2. Pendings on H1. I have exactly the same pending stops like you do, except that I'm on top of the DAILY LINES. H1 is only for set my pendings at the DAILY LINES and then back to H4.

3.Now let's go back to H4. Place your TP at WS1 (1.5440) give or take... I already did. FOR ALL YOUR PENDINGS!!!!....... and wait.

Now, the move is almost ready to explode but since it's a long way to go and the end of the week is coming, use your discretion. Myself, I will close part or all by the end of London's as Bob states. If the RSI2 still not reaches the bottom and CSS tells me that the lines are still wide apart and the background still red, that tells me that there is more potential to go down, then I will leave them for Monday and on Monday I will make my decisión process again.

Hope this helps but if something is not clear don't hesitate to ask again.... also will appreciate Bob's comments.

[Staedtler]

well i had a million dollar week this week

[nanningbob]

I use Bob's 104V5 template from page 197/198 [see post 1] where I changed the colours to the original colours from 10.4 template. I'll attach a copy later, because that's on my trading VPS.

Hi Gertie,

can´t find the 10.4 V5 Template. You use at your template the indicator 10.4 WP 03.13 and 10.4 WMP 03.13

I try to use search function and read a lot of postings, but cant find the indies. Please post it again.

Thanks a lot!
genaja

page 1 post 1 in big bright red letters. Cant miss it:

10.4/10.5 UPDATE PAGE 374 THIS REPLACES THE AO FOUND IN THE BASIC SYSTEM. READ THE BOOKLETS BELOW BUT USE THE NEW TEMPLATE FOUND ON PAGE 374

[cmeade2]

What is BP/CD?

Hey Pipstubborn (and Bob)

I understand your approach if you basically have a 10.4 setup and you go to the H1 to set the pendings.

My question is suppose you already have an established trend. For example here in the AUdChf the price is below the 240. The RSI(2) is very low and the CSS bars are red. Would you set pendings on the H1 in the direction of the trend using the daily levels?

Thanks

cmeade2

No it's too late.... the RSI2 is the bottom flat and is telling you that the move is almost over. The chances to retrace and get chewed is very big and the potential gain is very low, not worth it. You missed it... you missed it.

Go fishing to another pond. Like BP/CD

[Pipstubborn]

Great British Pound/Canadian Dollar pair