10.7

Post by **zentauro67** » Tue Apr 08, 2014 4:41 pm

Beautiful fractal just happened in EURUSD 4H. Out of topic, but it worths it to take a look. Next move?

Imagen 1.jpg

Post by **nanningbob** » Tue Apr 08, 2014 10:49 pm

FOLLOWING a strong trend move usd/chf on the 1H so far a trade a day keeps the DD away

Post by **nanningbob** » Tue Apr 08, 2014 11:00 pm

Sometimes guys PM me about I can only trade one session a day. Here is my answer and I thought it would help some of you.

The main reason I trade 4H charts is because I cant be around my computer all day. But I can look at it every 4H. The 10.9 system is the daily candle and you can trade that once a day.

If you can only trade a session then use 10.7 on the 30M chart. It will give you signals for a move during a session. See my pic below on the USD/CHF. You can see if any pairs will give signals at the times you are trading. The 30M chart is for yesterday only and I showed where you could have made some pips during the JPY session and the USA session. You can see there ended up being a couple good trades of 20-40 pips.

I put a usd/chf 1H and usd/chf 30M on the chart. You can then get signals to trade.
The lower the TF you use with 10.7 the more signals you get but the more no movers you will get also. If the blue line goes from top to bottom and no movement, exit and try again.

Post by **nanningbob** » Tue Apr 08, 2014 11:05 pm

In the previous pics if RED is on the bottom and Yellow is on top then you dont trade that session or day, it is a reversal of trend day. The daily D2.1 and W2.1 dont agree so you dont try to trend trade it.

Post by **nanningbob** » Tue Apr 08, 2014 11:06 pm

Does anyone have a session indicator that is 6xxx Empty4 compliant. I want to use it to teach using the 30M chart.

Post by **SteveHopwood** » Tue Apr 08, 2014 11:14 pm

nanningbob » Tue Apr 08, 2014 10:49 pm wrote:FOLLOWING a strong trend move usd/chf on the 1H so far a trade a day keeps the DD away

Isn't the yellow line thingy on top instead of on the bottom where it should be?

Post by **milanese** » Tue Apr 08, 2014 11:56 pm

nanningbob » Tue Apr 08, 2014 11:06 pm wrote:Does anyone have a session indicator that is 6xxx Empty4 compliant. I want to use it to teach using the 30M chart.

here you go..

AutoSessions v1.7.mod.Cowboy IBFX_6xx.mq4

Cheers

Tommaso

Post by **nanningbob** » Wed Apr 09, 2014 12:03 am

SteveHopwood » Wed Apr 09, 2014 7:14 am wrote:
nanningbob » Tue Apr 08, 2014 10:49 pm wrote:FOLLOWING a strong trend move usd/chf on the 1H so far a trade a day keeps the DD away
Isn't the yellow line thingy on top instead of on the bottom where it should be?

That is the color of my 90 line. I should change that if I am going to post. Sorry

Anthar · Post by **Anthar** » Wed Apr 09, 2014 12:27 am

Hi guys, I wanted to share with you soem thoughts / doubts I've encountered on this exciting new system test. I specifically want to point out AUDNZD, I'm not pointing out to the quality or validity of the signal but more to general doubts and considerations regarding direction early in the day and or week.
I've put some thoughts on this graph, I'm sorry if I'm missing something important that disregards this doubts, I've read it all several times and I'm trying to get a hold on it. Thanks for the great, great work and effort put on all of this!

Post by **zentauro67** » Wed Apr 09, 2014 1:05 am

Hi, Anthar

I should say AUDNZD is more suitable at this moment for 10.9, bullish on a monthly bias, (Watch the monthly stoch added by Tomasso in the update of the indi) than for 10.7 (ranging, unclear)

This is the monthly chart from 1995 until now. A morning star is borning on a very strong support level. For a long term trader this would be a perfect time to start entering small long positions and, if it goes well, increase the size and holding them for months or years.

Imagen 001.jpg