10.4 A Complete System

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Staedtler

Re: 10.4 A Complete System

Post by Staedtler »

Jemook wrote:
Staedtler wrote:well my account is blown.. lost all my money, taking the remaining $100 i have and withdrawing to my bank.. this system doesn't work for me at all.. im done
Check out my post here:
http://www.stevehopwoodforex.com/phpBB3 ... 058#p64058

It's pretty straightforward and I think you may be overthinking things.

doesn't make sense..

Watch on H1 charts.

wait for retracement back to WP or WS1 ? while watching the 1h ?

you mean, wait for retracement back to DP or DS1 ?
Staedtler

Re: 10.4 A Complete System

Post by Staedtler »

you guys are doing amazing ! i blew out a 1300 $ account

wtf is going on here..
sponn
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Posts: 348
Joined: Fri Jul 20, 2012 9:49 am

Re: 10.4 A Complete System

Post by sponn »

How the hell can you blew account. The bad ones for this week were eur/chf, usd/chf and aud/nzd and g/u from the last week. Four pairs, when all others are making money. Something is wrong with your trades mate. Maybe post some of your trades and I believe that you will find a lot of people who are willing to help you...
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Jemook
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Posts: 1085
Joined: Thu May 10, 2012 10:19 am
Location: Bondi, Sydney, Australia

Re: 10.4 A Complete System

Post by Jemook »

Staedtler wrote:
Jemook wrote:
Staedtler wrote:well my account is blown.. lost all my money, taking the remaining $100 i have and withdrawing to my bank.. this system doesn't work for me at all.. im done
Check out my post here:
http://www.stevehopwoodforex.com/phpBB3 ... 058#p64058

It's pretty straightforward and I think you may be overthinking things.

doesn't make sense..

Watch on H1 charts.

wait for retracement back to WP or WS1 ? while watching the 1h ?

you mean, wait for retracement back to DP or DS1 ?
No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.
Please note I am no longer affiliated with Global Prime. I've moved on to my next adventure with Afterprime.

Catch me here: https://www.afterprime.com
LaHood
Posts: 4
Joined: Sun May 19, 2013 7:29 pm

Re: 10.4 A Complete System

Post by LaHood »

Staedtler wrote:you guys are doing amazing ! i blew out a 1300 $ account

wtf is going on here..
Hi Staedler,

i read from another dude who is trading for life one tip he made as experience in his own trading carrier. If you got emotional cause of winnings or loosings stay back from the computer and trading for a while. Get an break for some days/weeks and come freshminded back for another round. I blew out my first account from 3.5k nearly and now its the first time it looks like i could do profit. I blew my account in the past cause i dont close my negative trades with the old known problem, hope. It will come back, wait for it and so on. And on the other side with no clear target when to close the trade when its in profit and to be to greedy. Now its easy, close at TP, and atm i let the trade run and close only if 240 line is hitted. If it happened too often it will be a big DD, but i try to select the good pairs from the bad ones with the info page and the strongth and weakest of the top and down currencys. If that work in the long run i cant say, i will see. But in the past my trades was more worst like atm.

cheers
LH
IanV
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Posts: 35
Joined: Sat Jul 07, 2012 8:37 am
Location: UK

Re: 10.4 A Complete System

Post by IanV »

Jem
Which RSI do you use on H1 charts? I noticed when you posted once that it looked different.
The usual one is a bit wild on H1.
Jemook wrote:
No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.
SWG123
Trader
Posts: 565
Joined: Wed Nov 16, 2011 3:02 pm
Location: Cape Town

Re: 10.4 A Complete System

Post by SWG123 »

IanV wrote:Jem
Which RSI do you use on H1 charts? I noticed when you posted once that it looked different.
The usual one is a bit wild on H1.
Jemook wrote:
No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.
There is one for H4 and another for H1:-
10.4 4H RSI2.mq4
10.5 1H RSI2.mq4
You do not have the required permissions to view the files attached to this post.
6y588

Re: 10.4 A Complete System

Post by 6y588 »

Went out for a few hours, when I came back and checked EurJpy had moved up with my three pending trades closed at TP. ;)
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Jemook
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Joined: Thu May 10, 2012 10:19 am
Location: Bondi, Sydney, Australia

Re: 10.4 A Complete System

Post by Jemook »

IanV wrote:Jem
Which RSI do you use on H1 charts? I noticed when you posted once that it looked different.
The usual one is a bit wild on H1.
Jemook wrote:
No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.
Same one that comes with Bobs system I just show the D1 TMARSI and the W1 TMARSI as well.
Please note I am no longer affiliated with Global Prime. I've moved on to my next adventure with Afterprime.

Catch me here: https://www.afterprime.com
Staedtler

Re: 10.4 A Complete System

Post by Staedtler »

[quote=Jemook]

No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.[/quote][/quote]

Same one that comes with Bobs system I just show the D1 TMARSI and the W1 TMARSI as well.[/quote]


first.. how do you see weekly pivots on a 1h chart..

second..

LONG PAIRS (Below 240) .. i thought we trade long when price is above 240 ?
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