10.4 A Complete System

[Gertje]

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

Yep. I'm all ready to get my Gertje on and nothin.

?

Meant as the highest form of flattery, Gertje. Tryin to get my volume up closer to the range of you and Bob. I'm generally pretty quick but still haven't managed over 30 trades in a week on this.

Mike

Cool!

I figured something like that, but was curious.

[Gertje]

My AUDCHF sell triggered just below WP.
Game is on.

[Gertje]

My AUDCHF sell triggered just below WP.
Game is on.

Speaking of RRT's...... [M5]

[tibochina]

Gertje, I wonder if you would be kind enough to explain your reasoning on having the pending sell set below the WP. It seems like CSS is showing a strong buy move at this hour. In my way of thinking the sell will be there in the near future but it seems you will experience some DD before the sell is in place. Thanks for the posting.

[fx800]

USDJPY at key support zone between 100.00 and 100.60.

What happens next week will be crucial. If it bounces up from here, the uptrend continues. If it breaks below the support area, there is more downside to come.

Its either "the uptrend continues" or "I wouldn't bet against it" (i.e.reversal).

It is a battle between fundamentals (BOJ bond purchases) versus the technical (MrLong's usdjpy monthly chart with area of confluence which is very compelling).

Some people say fundamentals will win every time, but we shall see.

USDJPY has dropped below the pyschological 100 level.

Round 1 fundamentals 0 technicals 1

[Gertje]

Gertje, I wonder if you would be kind enough to explain your reasoning on having the pending sell set below the WP. It seems like CSS is showing a strong buy move at this hour. In my way of thinking the sell will be there in the near future but it seems you will experience some DD before the sell is in place. Thanks for the posting.

My way of trading the 10.4
I'm a agressive user of the RSI, that signalled a sell. CSS I can't use due to processor load.
CHF on the infopage signalled strenght on the H1, so I went short. Set the pendings, and know they will TP today/ tomorrow/ wednesday.

If needed, I move the lowest pending higher to close the gap and move the TP to tomorrows DS1.

[tibochina]

Thanks Gertje, This is why I posted the question over the weekend about entries. This is not a pending I would set YET going strictly by 10.4 rules and CSS. I agree with your confidence in taking profit on selling this pair as I believe it will set up a bit later for me.

[kwanann]

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

Yep. I'm all ready to get my Gertje on and nothin.

?

Meant as the highest form of flattery, Gertje. Tryin to get my volume up closer to the range of you and Bob. I'm generally pretty quick but still haven't managed over 30 trades in a week on this.

Mike

Haha mike, easy take trades off the crossing of DP and wp

That said, I do get quite confused with the sheer number of trades with 10.5, I ever had like 50+ trades running at any one time and it was really really messy.. Can't figure how u guys managed those

[Pipstubborn]

Big Boys buying supercheap...... and so do we

[mjws00]

These are the days that get me.

We have 150% ATR across the board and they are almost all retraces and counter 240 trend. Huge pretty day for naught. We'll see if I can make the week with no CT trades. Grrrr. I am dyin to get the shotgun style on here, go go go!!!

Mike