Well said McNish, I agree. That's why the last week or so has been frustrating to say the least.McNish wrote:I totally concur with Kwanann for his last couple posts. 10.4/5 is a trend following system, so what's wrong?
The markets are currently ranging, so it's not a 10.X game for now.
Don't wait for your fixed tp to get hit, like you would try to prevent your fixed sl being hit, ... chase you tp's in such markets.
But in the coming new week, i feel very strongly that 10.x is going to have a blast. Hope today's the last day of this ranging series.
How to Trade 10.x Like a Boss
- bluedog23
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Re: How to Trade 10.x Like a Boss
- Gertje
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Re: How to Trade 10.x Like a Boss
I think it is, booked à lot of pips last hour on trades that resumed their trend after a{}##{€& week.McNish wrote:I totally concur with Kwanann for his last couple posts. 10.4/5 is a trend following system, so what's wrong?
The markets are currently ranging, so it's not a 10.X game for now.
Don't wait for your fixed tp to get hit, like you would try to prevent your fixed sl being hit, ... chase you tp's in such markets.
But in the coming new week, i feel very strongly that 10.x is going to have a blast. Hope today's the last day of this ranging series.
.
- Jonathan2FI
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Re: How to Trade 10.x Like a Boss
Jem,
thank you for clarity of rule based 10x system.
understand the trend direction, SL principles (where there is some discretion of using a pivot, 960lwma), target is clear WS, entry RSI flat lines, CSS not against i.e. if short not green if long not red and pending on cross of pivot in direction of trend or cross of recent high for long and low for short.
Can you check my interpretation of this last point please See chart for example
Yellow vertical shows point of pending set, horizontal red is SL, yellow is entry price, and blue would be target price - all winners. No greed must make 10% pd etc just solid low DD profit.
Jonathan
thank you for clarity of rule based 10x system.
understand the trend direction, SL principles (where there is some discretion of using a pivot, 960lwma), target is clear WS, entry RSI flat lines, CSS not against i.e. if short not green if long not red and pending on cross of pivot in direction of trend or cross of recent high for long and low for short.
Can you check my interpretation of this last point please See chart for example
Yellow vertical shows point of pending set, horizontal red is SL, yellow is entry price, and blue would be target price - all winners. No greed must make 10% pd etc just solid low DD profit.
Jonathan
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- McNish
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Re: How to Trade 10.x Like a Boss
Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?
Cheers,
Cheers,
- Jemook
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Re: How to Trade 10.x Like a Boss
I can't see your screenshot for some reason.. Can you please re-upload?Jonathan2FI wrote:Can you check my interpretation of this last point please See chart for example
Yellow vertical shows point of pending set, horizontal red is SL, yellow is entry price, and blue would be target price - all winners. No greed must make 10% pd etc just solid low DD profit.
Jonathan
Nope. I only use Easy Order script and I'm still managing the trade manually.McNish wrote:Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?
Cheers,
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
Catch me here: https://www.afterprime.com
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garyfritz
Re: How to Trade 10.x Like a Boss
He posted it as a TIF, which the forum doesn't seem to handle properly. Here's a GIF:Jemook wrote:I can't see your screenshot for some reason.. Can you please re-upload?
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- McNish
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Re: How to Trade 10.x Like a Boss
this is just my read, Jem pls comment.Jonathan2FI wrote:..., cross of recent high for long and low for short.
Cross of (recent H/L or WP, whichever earlier) ? Seems ok. i too use the swing or yesterday's H/L for placing sl's at another system and they seems to obey mostly.
Cheers,
- MurphyMan
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Re: How to Trade 10.x Like a Boss
Jem,Jemook wrote:Nope. I only use Easy Order script and I'm still managing the trade manually.McNish wrote:Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?
Cheers,
When you place a pending using EasyOrder, to you generally take the default entry point, or to you adjust it?
Thanks again!
Sam
- Jemook
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Re: How to Trade 10.x Like a Boss
Hi Sam,
I don't place pendings as I enter at market when a setup presents itself.
Cheers,
J
I don't place pendings as I enter at market when a setup presents itself.
Cheers,
J
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
Catch me here: https://www.afterprime.com
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BONZO
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Re: How to Trade 10.x Like a Boss
How's the system been going, seems like there was a lot of losing trades recently