10.9 DAILY/WEEKLY TRADES ONLY

[Gertje]

Good I am glad you guys have taken this thread to heart. I would prefer to watch and learn since I have not been a day candle trader before. I have used daily screens to see what was happening but then drop back down to my 4H chart. So if you see something please post. I want to sit back and relax on this thread. Thanks for all the input and discussion. (looking forward to lurking)

Still trying to find a lucrative way to attack the D1, first attempts seem profitable.
It's amazing how accurate the 10.9 indi's are, once you understand how they work.

I put the H4 trading in the freezer, concentrating on D1 at the moment.

Just look at GBPNZD 24-2 till 31-3. W2.1 is down the whole period, starting from 2.0100 till 1.9100 is 1.000 pips. Adding every 100 pips gives 11 trades, and when exiting @ 1.9200 [after a change of W2.1] gives some 4.400 pips in the bank. Trading 0.01 lots for $2.000 makes 22% on this pair during that timeframe.



Now see how theory translate to practice...

[rebyte2]

Gold making its next move up???

[rebyte2]

USDCHF short is in play.

No TP at this stage as both M and D STOs are aligned.

[rebyte2]

Just closed USDCHF as the M STO changed from sell to buy, as i was making a cup of tea.

Compare both images and you will see.

Looks like the support line might hold this up.

[milanese]

Hi,

as much requested here and via PM here comes the new version of the 10.9 stoch new you have this ShowMonthly2_1=true; it is the green one, OOTB it is set to true, this indie can show 4 different Stoch,
actual TF 7.2.2 blue, D1 2.1.1 gold, W1 2.1.1 red, MN1 2.1.1 green.., for the aletrs you can change if you want to use D1 or W1 Stoch for confirm..
http://www.stevehopwoodforex.com/phpBB3 ... 169#p90169
Enjoy it

Tommaso

[DocT]

Very nice trade.

160 pips from alert to top of ATR.

I have the same, but I'm planning to attack 10.9 with force.

I have eyeballed all the charts last weekend and found they ' behave' very good and listen to Al's TMA like a hungry dog to it's master. As soon as there is a valid signal, I go all the way and plaster the way to the other side with add-ons every 50/100 pips depending on ADR. TP on the opposite TMA-line, or bail out when I see fit and reverse.

I started 2 weeks ago with this account and TMA, hence the sell at the bottom.
Seeing the charts, it can wait till PA gets back and pick it up again in a few weeks.



Right now I have over 60 orders open on 26 charts, DD is a little to high for my liking but trades like the GBPUSD sell are the reason for that. Time will weed them out.

Gertje

Would you mind posting the indi you have top right of chart with the pip levels per trade? This would work with teh scale in script to keep track of pips per pair.

Cheers
Doc

[Gertje]

Just closed USDCHF as the M STO changed from sell to buy, as i was making a cup of tea.

Compare both images and you will see.

Looks like the support line might hold this up.

At the time you opened the short, it must have been up as well.
I see no reason to close yet, any moment it can come down again.
STO7 is still floating midway, plenty of room for down-movement.

[Gertje]

Gertje,

Would you mind posting the indi you have top right of chart with the pip levels per trade? This would work with teh scale in script to keep track of pips per pair.

Cheers
Doc

Here you go Doc,

Have fun.
You need to change some of the settings to show the pips, and/ or the size of the price.

[Gertje]

Just closed USDCHF as the M STO changed from sell to buy, as i was making a cup of tea.

Compare both images and you will see.

Looks like the support line might hold this up.

Further, as this is the daily chart I would wait till tonight, or even tomorrow.
Price is still at it's extreme, NY has just opened and they might take it further down.
Prices goes in 3 pushes a day I read somewhere...

If you take a look at the H1 CSS, you will find that the USD is getting it's ass wooped.

Also, price usually gets back to/ near the high/ low of the last day in case of a reversal [CJ's TrainTracks].
If it DOES turn around, would place my TP at today's closingprice and see what happens tomorrow.

For now, I'm holding on to it [and GBPUSD etc.]

[DocT]

Gertje,

Would you mind posting the indi you have top right of chart with the pip levels per trade? This would work with teh scale in script to keep track of pips per pair.

Cheers
Doc

Here you go Doc,

Have fun.
You need to change some of the settings to show the pips, and/ or the size of the price.

Thanks Gertje
Doc