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10.3 SCALPER/RANGE TRADE SYSTEM
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=919		 Page 126 of 178
Author:  nanningbob [ Sun Jan 06, 2013 1:00 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
These are the eur/jpy and gbp/jpy Japanese products are overpriced in major markets because of devaluation of currencies. Now JPY wants back in by devaluing their currency. Currency war time from Asia.
Author:  nanningbob [ Sun Jan 06, 2013 1:04 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Some pairs have already broken up, the others will follow. Some articles written have said 25-40% devaluation is the goal. Time to make money. :) Remember this rule in Forex. follow your charts unless an overriding fundamental is in play then always go with the strong fundamental no matter what your charts say. Anyway I plan on making some money on this one. JPY sells early 2013. buy aud nzd cad gbp euro nzd usd against the jpy until another force stops them.
Author:  xrismak [ Sun Jan 06, 2013 8:40 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:Some pairs have already broken up, the others will follow. Some articles written have said 25-40% devaluation is the goal. Time to make money. :) Remember this rule in Forex. follow your charts unless an overriding fundamental is in play then always go with the strong fundamental no matter what your charts say. Anyway I plan on making some money on this one. JPY sells early 2013. buy aud nzd cad gbp euro nzd usd against the jpy until another force stops them.

Bob,
Thank you very Very Very Much for this Current set of Updates and Booklets.
You might not hear from me in terms of Posting on the Forum for some time, this is Because I want to Read and Understand the Booklet 5 times over, then I will probably ask a few Questions and Come Alive Again on the Forum :)
I Will Be Back Soon... I Have to Study Seriously for a While.
Many Thanks,

xrismak. ;)
Author:  alex_forex [ Sun Jan 06, 2013 9:10 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Wow !

Thank you so much Bob ! :)

This simplicity and those great explanations, and the full trading package included... I am really
impressed, this is breathtaking :D

We are lucky guys ;)

Have a nice Sunday
Cheers
Alex
Author:  pips400 [ Sun Jan 06, 2013 10:07 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Once again, I'm so grateful to Bob for sharing so much of his experience with us, and for Steve doing such a great job on this forum and with all the hard work in coding EAs etc.

Here's my next question: I notice from visual backtesting, that there are times when there is a SRF setup (Support/Resistance/Fail) but to take this trade would mean going opposite to the 10.3 rule. For instance, support DO is above DP and price is above DO. So missed the 10.3 trade, but then price doesn't make it to R1 and starts to reverse down. My question is, should I go short and sell because this could be a SRF setup?
Author:  nanningbob [ Sun Jan 06, 2013 10:19 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
pips400 wrote:Once again, I'm so grateful to Bob for sharing so much of his experience with us, and for Steve doing such a great job on this forum and with all the hard work in coding EAs etc.

Here's my next question: I notice from visual backtesting, that there are times when there is a SRF setup (Support/Resistance/Fail) but to take this trade would mean going opposite to the 10.3 rule. For instance, support DO is above DP and price is above DO. So missed the 10.3 trade, but then price doesn't make it to R1 and starts to reverse down. My question is, should I go short and sell because this could be a SRF setup?
A person who has read my 10.2 booklet :) You know I didnt think of doing that. I mean what I like about 10.3 is there are trades everyday on the board. To add more hmmmmmmmmmm. Will think about that one.
Author:  nanningbob [ Sun Jan 06, 2013 1:53 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
500 downloads in less than 24 hours. Dang.
Author:  Jollyroger [ Sun Jan 06, 2013 4:09 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:500 downloads in less than 24 hours. Dang.
What might be a little less encouraging is there were only about 40% that downloaded the tutorials.
Author:  blazko [ Sun Jan 06, 2013 6:48 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob thanks a lot for the effort and lovely done booklets.
I do have one question / doubt:
On page 17 you say
1. Price crosses weekly pivot (gold line)
2. TMA turns green or teal and later crosses the 4 line on TMA
but... and sorry for bringing the whole repaiting stuff back again... isn't it true that WHILE point 1 happend in real time, the TMA could have looked different? Still red for example...

Best regards,
blazej
Author:  alex_forex [ Sun Jan 06, 2013 10:33 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob,

Thank you also for your great insights on the YEN :-)

I am curious about the Policy Board meeting Jan. 21-22 :geek:

Cheers
Alex
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