How to Trade 10.x Like a Boss

[mpetersrx7]

Hey Jem-
How are things going on the trading front?

I had a pretty good week so far. Up about 8%.

Thanks,
Mark

[Jemook]

Hi Mark,

I've stopped trading anything indicator based while I learn the ideas in Captain Jacks thread.

Cheers,
Jeremy

[hammondnz]

Hi Mark,

I've stopped trading anything indicator based while I learn the ideas in Captain Jacks thread.

Cheers,
Jeremy

Hi Jeremy

I met up with Ivan (Ingot54) last Wednesday for coffee and interestingly he's doing a lot of reading on CJ's thread and certainly piqued my interest as well. As I'm heading away to the Philippines for 3 weeks on Monday, guess what my reading material is going to be.......??

Best regards
Graham

[Jemook]

Get into it! It's fascinating stuff

[shellsnail]

Appreciate the sharing here Jem. The system has been producing mind-blowing results. The losers are tiny and the winners are plenty!

So far up 11% after 2 weeks with very minimal monitoring (less than an hour total each day) [trading in GMT+8 Timezone, timings: 6AM, 2PM - 11PM (once per hour)]

Will continue demo-ing for 8 more weeks and see how things go, but it's looking very good so far with W:L ratio about 1:1 but very nice R:R.

[Jemook]

Great! Keep it up and share your results. The system works great when the market is moving and if you can work out a way to tell when a trend is up then you can make sure you don't fight the reversal.

J

[darshanag]

Apologies in advance if this question has been asked before or clarified ! Does the 10.4 4H RSI2 indicator repaint ? If so, for how many candles back ? Is there a non-repainting version of it ? This particular indicator looks very promising (even when considered on its own) but it will be less so if it does repaint.. Appreciate any feed back.. Thank you !

D

[drg]

After reading the 10.4/10.5 thread from the update (pg 450 more or less) and this one I decided to dedicate to learn this method of Jemook first while I wait for the release of the updated 10.3 after this weekend by master Bob. I will be using Easy Order and Tommm's modification of the YAD dashboard. Trade managers for BE and Trailing Stops will be a future concern as well as the close automation on a CSS change, aswell as DD managment, I got to focus on entries for now or else I will get overwhelmed.

One thing I realised is that Tommm's dash 1H CSS is faster to read a cross than the one on the Jemook template.

My MO is to search for signs on the dash every hour as a new candle gets printed, and then go to the chart and see if the the price is on a bounce from a pivot or attempting to cross it. From what I've read, since we are on a ranging market the attempts on playing the pivot crossings are going to be more dangerous until we get trending market, but as I'm just starting I'm going to enter everything just to see how it goes (I'm on demo).

If you find some flaw in this plan of mine to learn this method of trading, please drop me a line.

I really feel grateful to have now finally the time to concentrate on my learning with all of you wonderful people by my side

Once more, thanks to everyone, this is a wonderful community.

[drg]

Question about exiting on the 1H CSS change: do you guys/gals wait for the close of the candle to use the CSS value (Red, Green or Yellow) as a exit signal? Example: I'm long on a pair, and during this trade the most recent candle (still open) the 1H CSS changes from green to yellow. Do I close it right away the moment this happens or do I wait until the candle closes to see how the CSS looks when a new candle prints? Hope I'm making sense here, thanks in advance!

[fxozgirl]

Question about exiting on the 1H CSS change: do you guys/gals wait for the close of the candle to use the CSS value (Red, Green or Yellow) as a exit signal? Example: I'm long on a pair, and during this trade the most recent candle (still open) the 1H CSS changes from green to yellow. Do I close it right away the moment this happens or do I wait until the candle closes to see how the CSS looks when a new candle prints? Hope I'm making sense here, thanks in advance!

CSS can change colour multiple times within a candle, wait until the candle closes to make your decision