10.4 A Complete System

[nanningbob]

Placed buystop on this pair. Comments pls.

Kundan

You are below the 240 line and RSI is on top so not so good. I was 10 - 7 today and ended up with a 1% loss of my account so what do I know.

[Pipstubborn]

OK set up and ready to go. Crossing DP lines are aud/cad, aud/chf, and aud/usd. Missed the aud/jpy.

I am playing aud and nzd weakness across the board.

eur/aud, eur/nzd gbp/aud, gbp/nzd buys

nzd/chf, nzd/jpy, nzd/usd sells.

See how it goes.

Welcome back Bob. When you look at the INFO PAGE....do you look at the D1 CSS to find the weak currencies? If so, also de CAD will be a good candidate, right?

[nanningbob]

OK set up and ready to go. Crossing DP lines are aud/cad, aud/chf, and aud/usd. Missed the aud/jpy.

I am playing aud and nzd weakness across the board.

eur/aud, eur/nzd gbp/aud, gbp/nzd buys

nzd/chf, nzd/jpy, nzd/usd sells.

See how it goes.

Welcome back Bob. When you look at the INFO PAGE....do you look at the D1 CSS to find the weak currencies? If so, also de CAD will be a good candidate, right?

Probably, I really have been away from the screen and I looked at them yesterday and didnt have that feel. You know you look at a screen and you get a feel of the market because I usually look at it every 4 hours or so. Didnt have it yesterday so ............. Gotta do some screen watching and get the feel of the market again. Sorry.

[Ray Singcar]

Welcome back Bob. When you look at the INFO PAGE....do you look at the D1 CSS to find the weak currencies? If so, also de CAD will be a good candidate, right?[/quote]

I feel there maybe too much empahasis on this indicator. It is not the heart of this system. The 240 and pending trades are the key. I use the YAD104 v107 Dashboard with only Stock and RSI ticked. I then peruse charts that are alerted and pay special attention to price action,trend and S/R areas over h1 h4 and D1 timeframes. If happy, I place my pending above/below mini s/r or pivots. My script sets my target and Stop at 50pips each initially. I then adjust my stop & target (fine tune them to the particular chart) to current s/r and trail my stop by 30 pips. This strategy is returning me in excess of 10% every week (and indeed 10% last night alone). I never ever counter trend trade although it can have it's merits.
After 10 years of tradeing, and losing, this system has been totally profitable for me since March. There are quiet times and you just have to have patience and wait for setups. I have made many gaffs along the way. On Monday /Tuesday uncharecteristicaly I averaged down 3 times on a CHF/JPY Long that went horribly short and blew 15% before I took the loss, another great lesson learnt..DONT AVERAGE and Don't MOVE MY STOPS.
I have placed my last night trades below

[Pipstubborn]

Welcome back Bob. When you look at the INFO PAGE....do you look at the D1 CSS to find the weak currencies? If so, also de CAD will be a good candidate, right?

I feel there maybe too much empahasis on this indicator. It is not the heart of this system. The 240 and pending trades are the key. I use the YAD104 v107 Dashboard with only Stock and RSI ticked. I then peruse charts that are alerted and pay special attention to price action,trend and S/R areas over h1 h4 and D1 timeframes. If happy, I place my pending above/below mini s/r or pivots. My script sets my target and Stop at 50pips each initially. I then adjust my stop & target (fine tune them to the particular chart) to current s/r and trail my stop by 30 pips. This strategy is returning me in excess of 10% every week (and indeed 10% last night alone). I never ever counter trend trade although it can have it's merits.
After 10 years of tradeing, and losing, this system has been totally profitable for me since March. There are quiet times and you just have to have patience and wait for setups. I have made many gaffs along the way. On Monday /Tuesday uncharecteristicaly I averaged down 3 times on a CHF/JPY Long that went horribly short and blew 15% before I took the loss, another great lesson learnt..DONT AVERAGE and Don't MOVE MY STOPS.
I have placed my last night trades below[/quote]

Thanks for your comments Sting Ray. I tried to download the YAD 104 v 107 but was not successful cause one of the files I wasn't able to install it. Could you please again share the complete zip file with
all the stuff to install.

I feel that is a great tool to spot the setups at glance.

Thanks in advance, Pipstubborn

[Ray Singcar]

There you go...

[art]

I also got stuffed on Aud

[nanningbob]

There you go...

Where does everything go??

[nanningbob]

There you go...

I figured out where to put everything now have to get used to reading it. HMMMMMMM

[nanningbob]

Looks like this if the pair is colored it is a trade? If it is gray it is not?? Or better yet a trade to look at?