10.4 A Complete System

[nicoacademia]

YEA PITBULL!

http://www.curatedalpha.com/2011/curate ... t-wizards/

more good stuff.

Did you make a complete transition from fundamental to technical analysis?

Absolutely. I always laugh at people who say, “I’ve never met a rich technician.” I love that! It is such an arrogant, nonsensical response. I used fundamentals for nine years and got rich as a technician.

-Martin Buzzy Schwartz "Pitbull"

[MrLong]

It's tough right now, the forex market is not moving.

what do you mean its not moving?

the asian pairs have hit blistering pace! having cleared the AUD gdp data and Abe's speech-non-speech.
audjpy/nzdjpy
audusd/nzdusd
usdjpy/gbpjpy/eurjpy

130605 moving.png

just to name a few.

more western pairs like:
gbpusd are set up and would have already triggered the long.

5 of those you mention are all the same trades, you are selling AUD so buying USD, then you are selling USD and buying JPY.

[nicoacademia]

It's tough right now, the forex market is not moving.

what do you mean its not moving?

the asian pairs have hit blistering pace! having cleared the AUD gdp data and Abe's speech-non-speech.
audjpy/nzdjpy
audusd/nzdusd
usdjpy/gbpjpy/eurjpy

130605 moving.png

just to name a few.

more western pairs like:
gbpusd are set up and would have already triggered the long.

5 of those you mention are all the same trades.

no wonder the market isnt moving for you.

[peranders]

MM is not hard, one can do that on the fly in the head, for USD denominated pairs and USD accounts
(ABS (EP price (without decimal) - SL price (without decimal))) * lot size = Risk in $.
ABS is absolute value which means you don't take into consideration the sign (+/-).

For non USD (or really pairs that isn't 10$/pip per standard lot) pairs you take into consideration the pipvalue. I have a spread sheet for all my open positions.

My long term trades I take into account the swap rate too, and see to it that I profit on the
carry trade, making sure for a long position I didn't enter at the top but preferably at the bottom and of course vice versa for a short trade.

[nicoacademia]

what do you mean its not moving?

just to name a few.

more western pairs like:
gbpusd are set up and would have already triggered the long.

profit release.
10.4 style line to line GBPUSD.

130605 gbpusdprofitrelease.png

[tibochina]

Maybe someone can clear this up for me. On the CSS info page should ignore future be set to true for both time frames? True shows sharper angles than a false setting.

[Gertje]

Maybe someone can clear this up for me. On the CSS info page should ignore future be set to true for both time frames? True shows sharper angles than a false setting.

Yes, ignore future = true.

[Faramirsen]

I missed a few entries today - but I am in

SHORT A/U - currently +40
SHORT N/U - currently +- 0

[pips400]

I missed a few entries today - but I am in

SHORT A/U - currently +40
SHORT N/U - currently +- 0

Well done Faramirsen, just keep a close eye on those, we're coming into NY session soon, AU is at a triple bottom, NU also has support, so IMHO there is potential for a reversal on both pairs.

[Faramirsen]

I missed a few entries today - but I am in

SHORT A/U - currently +40
SHORT N/U - currently +- 0

Well done Faramirsen, just keep a close eye on those, we're coming into NY session soon, AU is at a triple bottom, NU also has support, so IMHO there is potential for a reversal on both pairs.

thanks - i am BE on the AU - and will watch NU closely