10.4 A Complete System

[fire580]

Hello Bob from Casselberry But currently in Myrtle Beach SC

[zentauro67]

3 sloping highs AKA 'The three sisters' pattern.

This is a very reliable signal for re-enter the trend. It means the retrace is dying. Train your eyes to spot it at first sight.

Screenshot - 03_07_2013 , 5_13_11.jpg

[madpipa]

Anyway is there anyway to clean up the lower right hand corner?

[/quote]

Hi Bob,
The chart you showed looks like it has "overprinted" info from another symbol. You can change timeframes back & forth - that should resolve the overprinting text. But for a permanent solution:
1 - Make sure all the chart is setup the way you want for a template. Don't worry about the text anomalies at this stage.
2 - When happy with the setup go to Login & change your Account number by 1 digit. EG: if normal account is 123456 change it to 123457. This will give an "Invalid Account" in the bottom right corner. The reason for doing this is to stop the data from updating until you are ready for it. When you go back to Login next time it will automatically change the account number back to the correct one. And YES - I have done this a number of times on my LIVE account without any problems.
3 - Now go to chart & do Ctrl-B (shortcut for Objects List). In the popup left-click first row, scroll to bottom & hold down the Shift key while left-click last row. All should now be highlighted. If you like you can find the row for your comment "NB 10.4 SIMPLE" and hold Ctrl & left-click to exclude it from the highlighted list.
4 - Now click on "Delete" to the right hand side of the popup window. This will clear ALL highlighted objects from your chart.
5 - Save this as your template. This will save all the indicators but not any objects. Until I am sure it is exactly how I want it I usually save it under a different name to my original template. Something imaginative like "TEMP".
6 - Now go back to login & re-activate your account. The chart will load with data & all the pivot lines & indicators will be re-populated, but none of the erroneous data in the bottom corner should now appear.
7 - Open a new chart with a different symbol & load the new template. Check to see if it is what you want & that the 'phantom' text has disappeared. If satisfied you can delete the extra chart, close Empty4 & use windows explorer to delete your 'old' template name & rename "TEMP" to your original template name.
8 - Restart Empty4 and all symbols can now be updated to the new look.

If you try doing the above without breaking your connection to the broker the data will continue to update. Then any info in the bottom corner will be saved as object & cause the same problem when you use the template to populate a different symbol chart.

Cheers,
Mick

[nanningbob]

3 sloping highs AKA 'The three sisters' pattern.

This is a very reliable signal for re-enter the trend. It means the retrace is dying. Train your eyes to spot it at first sight.

Screenshot - 03_07_2013 , 5_13_11.jpg

So much for the 3 sisters as price has broken south again. China news is bad so aud economic machine is down the tubes. Even when China economy picks up again they have surpluses in stock of everything Australia has. So there will be some lag time.

Strong Macro Fundamentals will 100% of the time trump indicators and foxes. JPY weakness looks like it is picking up again after a 1 month rest.

[nanningbob]

Some may remember the old rule from 10.1 or 2?? S/R failure for aud or nzd 6 of the last 7 weeks now.

[nanningbob]

usd/jpy up up and away. 9 of last 10 months JPY has depreciated. They are adding 1% a month and plan on doing it for 21 more months. As we found out last month there can be a retrace but expect it to keep going higher over the next year with occasional retraces.

[nanningbob]

Expect some battle here at this major R area. If it breaks through here it will fly again strongly.

[Gertje]

I am in the Orlando Florida area, Longwood. My body clock is still not on Eastern time yet so i may be wandering around the house at any time.

Ahhh, Orlando...

Flew into there a few times when I went cave-diving in the High Springs area. Beautiful scenery there.
Never got to visit the theme-parks as I was traveling with a bunch of guy's who were more interested in the local "Hooters" and "Outback" outfits...

[nanningbob]

I am in the Orlando Florida area, Longwood. My body clock is still not on Eastern time yet so i may be wandering around the house at any time.

Ahhh, Orlando...

Flew into there a few times when I went cave-diving in the High Springs area. Beautiful scenery there.
Never got to visit the theme-parks as I was traveling with a bunch of guy's who were more interested in the local "Hooters" and "Outback" outfits...

The Springs here are nice. My mother in law lives in a complex that has its own springs swimming area. Nice on a hot day. Hooters, my wife wont let me go there. Some great restaurants in this town though. If you ever get to 4 Rivers in Longwood and love some good ribs go there.

Anyway back to trading. I pointed out a battle at the R line and price bounced off of it big time in the afternoon session. Had some of my SL hit but also enough other winning trades to break even for the day. So looking for good spots to reenter later. Surprised with the good USD numbers it didnt bounce back but then again that is Forex it never does what you expect with news, usually the opposite.

AUD weakness is doing me good. Struck it good with gbp/aud, aud/usd, eur/aud, aud/cad, and gbp/cad. Lost out on gbp/nzd though, dont know what I was thinking with that one.

JPY trades if you didnt try to go outside WS1 you were fine taking profits at WS1 and quitting. Most xxx/jpy went above and then retraced violently. I will play for them to go back to WS1 since most are sitting at the 240 line now with RSI 2 on the bottom. Time to play reenter the trend and look for your best entrance. It is not a big surprise that price retests previous Resistance now as support. If it does that then you can continue to play xxx/jpy weakness. I am not playing aud/jpy because I dont know which currency pair is weaker aud or jpy.

aud, jpy, cad are the 3 weakest, USD is the strongest with the gbp moving up. NZD is strengthening but I dont trust it. It usually follows the aud later in a trend. Well I am off to lunch with a good trading friend.

[kundanketki]

Placed Buystop above nose of latest H4 Pin Bar @ 105.209 , SL @ 104.380.

Price broken 240 MA resistence and rejected it with Pin Bar. WP gold line rejected.

RSI bottommed out twice.

I m new here so please advise if anything is missed out.

Thanks

Kundan