10.4 A Complete System

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nanningbob
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Posts: 4564
Joined: Sun Dec 04, 2011 1:23 pm

Re: 10.4 A Complete System

Post by nanningbob »

sponn wrote:
Pipstubborn wrote:Yen is weakening on both TF of INFO PAGE. Maybe now is the good one. Good luck!
I wouldn't go long with xxxjpy until UJ break it's 240 line. If it fail all xxxjpy will go down.
You can wait if you want to.
So far today I have pocketed
EJ +92
CJ +135
AJ +35
UJ +63
CJ +78
GJ +43

Total +446

And I have more profitable trades going on with them now.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

art wrote:faramirsen, why did you go short on usdchf, when css is still showing green on the 4 hour

RSI 2 is topped, bar is gold, and bounce off of the WP line. Low risk with SL on the other side of the WP or 240 line. Nice looking trade
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
art
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Re: 10.4 A Complete System

Post by art »

great trades bob, but the css is still showing green on my usdchf chart, arent we suppose to wait for it to change red
art
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Re: 10.4 A Complete System

Post by art »

so bob am i missing something here, all your winning trades are countertrend, is there something i should be looking at, excuse me if youve allready explained it in this thread somewhere
tommiho
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Re: 10.4 A Complete System

Post by tommiho »

There is the bond buying happening at the beginning of the month which makes JPY weaken.(and that means fundamentals>indies)
cmeade2
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Location: Washington DC

Re: 10.4 A Complete System

Post by cmeade2 »

Bob

As a US citizen, why do you need a visa to go to the UK? Is it because you are coming from China?
nanningbob wrote:
art wrote:hi guys not been able to join in here, moving back to London and going on Holiday at the same time, must be raving mad, anyway trying to catch up with the developments, and all the input from the coders and others, re today what i can see is a waiting game if we are all sticking to the rules and not tempted to countertrend, Bob are you still planning to come to London, my offer of a pint is still on, one last thing the summer is upon us do you guys plan to trade through the summer months, volumes full off, so could get a bit more risky, anyway your thoughts, cheers
My visa is not done and the next person in the process if off to Cambodia for the week. SOOOOOOOOOOOOOOO I had to cancel the London part of the trip and leave at a later date for the USA. I will have to back this one up till the next trip. Sorry.
sponn
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Re: 10.4 A Complete System

Post by sponn »

nanningbob wrote:
sponn wrote:
Pipstubborn wrote:Yen is weakening on both TF of INFO PAGE. Maybe now is the good one. Good luck!
I wouldn't go long with xxxjpy until UJ break it's 240 line. If it fail all xxxjpy will go down.
You can wait if you want to.
So far today I have pocketed
EJ +92
CJ +135
AJ +35
UJ +63
CJ +78
GJ +43

Total +446

And I have more profitable trades going on with them now.
The Master. I know that you are very good trader so it doesn't suprise me. Anyway... you have SAID it yourself.

Main 10.4/10.5 rule - BUY above 240, SELL below 240. None of above gains were made with 240 rule... all were made against it.

We all know that you are very good teacher/trader and you are able to make great amount of pips/money. But hey... these trades were still agianst rules ;)
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nanningbob
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Re: 10.4 A Complete System

Post by nanningbob »

art wrote:so bob am i missing something here, all your winning trades are countertrend, is there something i should be looking at, excuse me if youve allready explained it in this thread somewhere
We have spent months talking about the JPY sell off by the govt. It dominated our weekend discussion and you are wondering why we are buying XXX/JPY. I have been buying xxx.JPY off of fundamental trend for 6 months now and you ask me WHY? For the hundredth times. Japan is selling JPY bonds that equals 1% of their YEN supply every month and they are now in their 3rd month of doing it. This is the biggest trading opportunity since the Euro collapse in 2011 and you are waiting for what?????????????

I DONT CARE WHAT ANY INDICATORS OR FOXES OR WHAT EVER YOUR FEAR IS I AM BUYING xxx.JPY PERIOD.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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nanningbob
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Posts: 4564
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Re: 10.4 A Complete System

Post by nanningbob »

cmeade2 wrote:Bob

As a US citizen, why do you need a visa to go to the UK? Is it because you are coming from China?
nanningbob wrote:
art wrote:hi guys not been able to join in here, moving back to London and going on Holiday at the same time, must be raving mad, anyway trying to catch up with the developments, and all the input from the coders and others, re today what i can see is a waiting game if we are all sticking to the rules and not tempted to countertrend, Bob are you still planning to come to London, my offer of a pint is still on, one last thing the summer is upon us do you guys plan to trade through the summer months, volumes full off, so could get a bit more risky, anyway your thoughts, cheers
My visa is not done and the next person in the process if off to Cambodia for the week. SOOOOOOOOOOOOOOO I had to cancel the London part of the trip and leave at a later date for the USA. I will have to back this one up till the next trip. Sorry.
I need a visa to get back into China and wont leave until I get it. Work visas are very hard to get these days.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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Gertje
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Posts: 1936
Joined: Mon Dec 12, 2011 1:17 pm
Location: Middle of the Netherlands

Re: 10.4 A Complete System

Post by Gertje »

sponn wrote:
nanningbob wrote:
sponn wrote:
Pipstubborn wrote:Yen is weakening on both TF of INFO PAGE. Maybe now is the good one. Good luck!
I wouldn't go long with xxxjpy until UJ break it's 240 line. If it fail all xxxjpy will go down.
You can wait if you want to.
So far today I have pocketed
EJ +92
CJ +135
AJ +35
UJ +63
CJ +78
GJ +43

Total +446

And I have more profitable trades going on with them now.
The Master. I know that you are very good trader so it doesn't suprise me. Anyway... you have SAID it yourself.

Main 10.4/10.5 rule - BUY above 240, SELL below 240. None of above gains were made with 240 rule... all were made against it.

We all know that you are very good teacher/trader and you are able to make great amount of pips/money. But hey... these trades were still agianst rules ;)
If you have the choice;
A. Trade ''against the rules'' and make money
B. Trade ''with the rules'' and loose money or stand aside

What choice would you make?

I made a few bad decisions last week, my signature will show for that. I know now where I went wrong, and will trade ''against the rules'' again if I see fit.
.
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