10.4 A Complete System

[nanningbob]

After price goes back inside or touches the 60 MA the trend ends. I it will then do 1 of three things, range, go back into the UT or reverse into a DT. Definitions for the range area are the previous high to the 240 is the range area. Below the 240 line will be the new DT and above the last previous high with start a new UT. See pics below. Yellow-New UT area, Olive-Range area, pink-New DT area. I will continue this later I have to go out for lunch.

[nanningbob]

Here is the chart showing DT moves. DT is below 240 and 60. Shows it in the Range area and the new DT/UT areas.

UT yellow
DT pink
Range Olive

Plan your trades..... trade your plan. What are you in UT, DT, choose your poison.

[nanningbob]

So how should you trade range areas??

1. Ignore them and just wait for trends. Probably find good trades every week.
2. Read the CSS info page and go with the strength of the move. If it is weakening go with sells in the range areas following the STO7 Sells on the 4H or 1H chart. If it strengthening go with buys in the range areas following the STO 7 on the 4H or 1H chart..

[nanningbob]

Let us now learn how to project these so called lagging indicators into what happens in the future. With our definitions in place how will we then trade the eur/nzd this coming week. I have always loved trading this pair because it is one wild ride. However, if we tame it with correct definitions we can see where we want to go with our trades.

I showed the past DT move in pink and the future UT move in yellow. I marked the range area in Olive and the future DT in pink. So which way will it go???

[nanningbob]

We can get our info on the future from basic fundamentals or we can use the CSS.

With the CSS info page we can come to a very clear cut decision on which way will it go. Barring a major news story breaking this pattern we can see the EURO is going up and the NZD is going down and at very steep angles. The EURO car is accelerating and the NZD car is decelerating both at a rapid speed. Until this pattern changes.

Watch now.......... I hope you get this ..............

BUY THE DANG THING

[nanningbob]

Let us take a look at the AUD/JPY. It has been ranging for 2 weeks. Now what?? Will it break the 240 and go into a DT???

[nanningbob]

So what do you think the CSS is going to tell you. Looks like the AUD has jumped off the cliff and ready to go into negative territory. JPY is climbing very quickly. Guess I will try to

SELL THAT BABY this week.


That 240 line looks like a big juicy steak to me.

[nanningbob]

ok How about the eur/cad. How does it look for this week.

[nanningbob]

Yes I believe that CSS Car is telling us the EURO is accelerating and the CAD is decelerating. Time to:

BUY THAT BABY

[nanningbob]

Now when I post these suggestions you are always wary of a sudden news event that can turn these angles on the CSS. But even more important you still take the time to enter at a good spot. Whether you use Candlestick patterns, STO 7, xxxx.00 lines, Daily pivots or what ever. Trading is being patient for that good entrance. So just dont go out there SUNDAY NIGHT/MONDAY MORNING and just willy nilly place those trades. Find good entrance points and let it ride. If price moves out and doesnt do what you are expecting kill the sucker and move on. Anyway have a happy trading week.