Actually another thing is.. Never enter at a known s/r point. In this case that entry was at the previous daily peak...cjthomson wrote:Its EURNZD I'm concerned with. All the effort to make something of all these trades and one pair runs things back to zero. Have to learn how to limit this damage.cjthomson wrote:I guess I'll revise my TP then !!kwanann wrote: Haha you greedy fella, if you TP at WMS1 you would have been sitting pretty. anyway seriously doubt it will revisit the low point again...
I don't want anyone to think I'm being greedy.
10.4 A Complete System
- kwanann
- Trader
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Re: 10.4 A Complete System
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
- kwanann
- Trader
- Posts: 948
- Joined: Thu Nov 29, 2012 1:53 am
Re: 10.4 A Complete System
Oooh so that's why price was stuck there for a while.. Not really 10.x, but I won't be taking any short with audchf at this point.. It's probably on its way up, look at the d1 and notice the rrt there..sponn wrote:My aud/chf (however css is turned to green now but it is not css trade but WP line cross so I believe it is still valid).
*mods, if you feel this is inappropriate, pls feel free to delete this
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
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endikwong
- Trader
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Re: 10.4 A Complete System
Thanks for this, something to keep in mind. However if it does not cross WP/DP, then I assume to close it ?sponn wrote:My aud/chf (however css is turned to green now but it is not css trade but WP line cross so I believe it is still valid).
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Staedtler
Re: 10.4 A Complete System
nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
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cjthomson
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Re: 10.4 A Complete System
Good point, thanks. Where would you suggest is the best entry for this one (EURNZD)? Possibly 10 pips or so past the recent high, or at a point below the high with TP just short of the high?kwanann wrote:
Actually another thing is.. Never enter at a known s/r point. In this case that entry was at the previous daily peak...
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cjthomson
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Re: 10.4 A Complete System
Gertje, do you put entries on the lines themselves or slightly beyond (how far beyond?) and do you add entries on the daily mid levels too or just the main S/R1, S/R2, S/R3 and Piv?Gertje wrote:Definitely take the WP.cjthomson wrote:Does anyone have any thoughts on a short for AUDCHF if it breaks south of the Weekly Piv?
I trade 10.4/V5 agressively, and already put pendings from WP on all the daily lines to DS1 where I plan to TP.
I'm sure you've mentioned this before so apologies for asking again.
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cjthomson
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Re: 10.4 A Complete System
Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
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Staedtler
Re: 10.4 A Complete System
here ya gocjthomson wrote:Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
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Staedtler
Re: 10.4 A Complete System
my bad, i mean, JPY AND CHF lol.. sorry im trading the nzd and that's all i have on my mind right now lolcjthomson wrote:Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
- Gertje
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Re: 10.4 A Complete System
I just use the lines [wish I could read the values] to put pendings.cjthomson wrote:Gertje, do you put entries on the lines themselves or slightly beyond (how far beyond?) and do you add entries on the daily mid levels too or just the main S/R1, S/R2, S/R3 and Piv?Gertje wrote:Definitely take the WP.cjthomson wrote:Does anyone have any thoughts on a short for AUDCHF if it breaks south of the Weekly Piv?
I trade 10.4/V5 agressively, and already put pendings from WP on all the daily lines to DS1 where I plan to TP.
I'm sure you've mentioned this before so apologies for asking again.
See attached.
.
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