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10.4 A Complete System
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Author:  Wiggy1965 [ Wed Mar 06, 2013 4:02 am ]
Post subject:  Re: 10.4 A Complete System
Chris wrote:Just joined the forum here and have spent the last couple of days learning this system. Have now got about 9 pending orders. Wish me luck. I hope to be able to contribute and learn with the rest of you all. Looks like a great thread and system.
Thanks!
Chris, put you pending up and we can criticise/provide constructive feedback...;-)

Wiggy
Author:  Chris [ Wed Mar 06, 2013 4:08 am ]
Post subject:  Re: 10.4 A Complete System
Wiggy1965 wrote:
Chris wrote:Just joined the forum here and have spent the last couple of days learning this system. Have now got about 9 pending orders. Wish me luck. I hope to be able to contribute and learn with the rest of you all. Looks like a great thread and system.
Thanks!
Chris, put you pending up and we can criticise/provide constructive feedback...;-)

Wiggy
Let me have it. :D
Author:  ywfbi [ Wed Mar 06, 2013 4:36 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:The daily pivot and mid pivot indicator still does not work properly on Mondays. It still is using the Sunday Candle and needs to be set to the Friday session. Can anyone adjust these to work properly.
Just a stab in the dark Bob. I dont have sunday candles, so I can't test it...
But does this do the trick?
Author:  Wiggy1965 [ Wed Mar 06, 2013 4:54 am ]
Post subject:  Re: 10.4 A Complete System
Chris wrote:
Wiggy1965 wrote:
Chris wrote:Just joined the forum here and have spent the last couple of days learning this system. Have now got about 9 pending orders. Wish me luck. I hope to be able to contribute and learn with the rest of you all. Looks like a great thread and system.
Thanks!
Chris, put you pending up and we can criticise/provide constructive feedback...;-)

Wiggy
Let me have it. :D
Chris, fro what i can see, you entries are all perfect 10.4, however when placing you entries, you need to look left a little to ensure you pay attention to the basis of support and resistance and previous highs low.....Although you pending are perfect as per 10.4 sometimes (many times) you need to adjust them a little based on your surrounding....

Have a look at one of my earlier post to Dan (allisonmagic/grasshopper) he posted similar entries on many of these pairs and i made comments...

If i was to tell you, i think that all but two of you trades will hit their TP and two would be stopped out for significant loss based on your entry, what would you do to correct this....which entries would you alter and how, or which pending would you delete all together in order to get a 100% hit rate....I'm not saying this will happen, just posing a question to get you to look at your entries again as i feel some of them could be tweaked to get a better result your way....

Regards
Wiggy
Author:  nanningbob [ Wed Mar 06, 2013 5:37 am ]
Post subject:  Re: 10.4 A Complete System
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
Author:  Wiggy1965 [ Wed Mar 06, 2013 5:47 am ]
Post subject:  Re: 10.4 A Complete System
allisonmagic wrote:
nanningbob wrote:ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
lol is that you bob ?

That is what your able to do with 10.4, get some sleep....;-)

Wiggy
Author:  Wiggy1965 [ Wed Mar 06, 2013 5:51 am ]
Post subject:  Re: 10.4 A Complete System
What has happening with EJ this week, has the global forex market forgotten about it.....?

It don't have any friends....!
Author:  Chris [ Wed Mar 06, 2013 5:58 am ]
Post subject:  Re: 10.4 A Complete System
Wiggy1965 wrote:
Chris wrote:
Wiggy1965 wrote:
Chris wrote:Just joined the forum here and have spent the last couple of days learning this system. Have now got about 9 pending orders. Wish me luck. I hope to be able to contribute and learn with the rest of you all. Looks like a great thread and system.
Thanks!
Chris, put you pending up and we can criticise/provide constructive feedback...;-)

Wiggy
Let me have it. :D
Chris, fro what i can see, you entries are all perfect 10.4, however when placing you entries, you need to look left a little to ensure you pay attention to the basis of support and resistance and previous highs low.....Although you pending are perfect as per 10.4 sometimes (many times) you need to adjust them a little based on your surrounding....

Have a look at one of my earlier post to Dan (allisonmagic/grasshopper) he posted similar entries on many of these pairs and i made comments...

If i was to tell you, i think that all but two of you trades will hit their TP and two would be stopped out for significant loss based on your entry, what would you do to correct this....which entries would you alter and how, or which pending would you delete all together in order to get a 100% hit rate....I'm not saying this will happen, just posing a question to get you to look at your entries again as i feel some of them could be tweaked to get a better result your way....

Regards
Wiggy
Ok, I see my GU entry is right near previous support to the left and it is a long way from the 240. The same is true with EG although not as far from the 240
The EU entry is near a recent bottom and a long way from the 240
So do you suggest moving the entries beyond the support/Resistance zones or wait for more pull back. Or am I just way off base on the whole thing.
Thanks for taking a look Wiggy! :D
Author:  Wiggy1965 [ Wed Mar 06, 2013 6:23 am ]
Post subject:  Re: 10.4 A Complete System
Chris wrote:
Wiggy1965 wrote:
Chris wrote:
Wiggy1965 wrote:
Chris wrote:Just joined the forum here and have spent the last couple of days learning this system. Have now got about 9 pending orders. Wish me luck. I hope to be able to contribute and learn with the rest of you all. Looks like a great thread and system.
Thanks!
Chris, put you pending up and we can criticise/provide constructive feedback...;-)

Wiggy
Let me have it. :D
Chris, fro what i can see, you entries are all perfect 10.4, however when placing you entries, you need to look left a little to ensure you pay attention to the basis of support and resistance and previous highs low.....Although you pending are perfect as per 10.4 sometimes (many times) you need to adjust them a little based on your surrounding....

Have a look at one of my earlier post to Dan (allisonmagic/grasshopper) he posted similar entries on many of these pairs and i made comments...

If i was to tell you, i think that all but two of you trades will hit their TP and two would be stopped out for significant loss based on your entry, what would you do to correct this....which entries would you alter and how, or which pending would you delete all together in order to get a 100% hit rate....I'm not saying this will happen, just posing a question to get you to look at your entries again as i feel some of them could be tweaked to get a better result your way....

Regards
Wiggy
Ok, I see my GU entry is right near previous support to the left and it is a long way from the 240. The same is true with EG although not as far from the 240
The EU entry is near a recent bottom and a long way from the 240
So do you suggest moving the entries beyond the support/Resistance zones or wait for more pull back. Or am I just way off base on the whole thing.
Thanks for taking a look Wiggy! :D
Correct, i think i make these points in the post to Grasshopper...

The EG and EU entries just need to be above and below previous highs plus spread, just to ensure you don't bounce off these....you may still get a peaker that goes past 10 or 20 pips, but you cant do anything about that, but you can give yourself a better chance....

The GU is just one of those trades that it has not retraced enough at this point to get me interested, you entry would be 24 pips from previous low....so unless it retraces further, say above WP, then i would pass on this....this is think is a low percentage trade.....What i would like to see, is price go down to weekly support, then back to weekly pivot, then i would enter short and the mid pivot, this is 100pips and may not happen this week...

If i was going to trade this, then i would enter below previous low at .2957 (approx) and ride it down to Weekly Sup1...This would be 75pips.....That way you have got past the low....you have given the market 24 pips as payment for showing you it's intentions, but you have a better chance of 75pips...

Just some thoughts...

I only commented on the three charts you have added, but i think you had about 8 pending....

Wiggy
Author:  cjthomson [ Wed Mar 06, 2013 7:15 am ]
Post subject:  Re: 10.4 A Complete System
etheldreda wrote:
allisonmagic wrote:out of all the trades you guys got open already ( probably not from today ) nothing has triggered for me yet. just hangin out.. been 2 days and no movement
Hi Allison,
Don't worry, I have the similar pending order listed for EURGBP, GBPUSD, USDCHF, EURUSD and USDJPY. Also looking for the moment to place pending order for USDCAD. It seems exactly the same pairs as yours.
It still Wednesday morning anyway in my homeland ;) as Bob said, the big moves usually happened on Thursday or Friday. That's what I noticed this few last weeks since I've used 10.4.
For me, I will keep the pending order until Friday night, but will not place more on Friday.
So, let's wait for the price to move in our direction, open the pending order and hit the TP :D

-ethe-
With NFP coming up on Fri what is the thought on leaving orders and positions open through this news? Should we be aiming to close things out a couple of hours before?
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