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10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481
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Author:  Chris [ Tue Mar 12, 2013 7:39 pm ]
Post subject:  Re: 10.4 A Complete System

Pipsurfer wrote:
Two entries on the audcad went all the way to R1 where I took profit.
Hm -- where's R1 on AUDCAD for you, Chris? I'm using the template on page 1, and my R1 is at 1.0611. PA went as high as 1.0602, then turned around, thus not hitting R1 for me. Still in that trade because no exit signal yet... I wonder if my pivots are somehow displaying at a different level from everybody else's.
Well I must confess I did put my TP a little in front of the R1, but it still shows that it hit R1 on my chart. Maybe the difference is in the broker?

I would put your TP in front of any R1 or S1, because that could very easily be a reversing point for any pair. 1.0600 is round number too.
Author:  Pipsurfer [ Tue Mar 12, 2013 7:49 pm ]
Post subject:  Re: 10.4 A Complete System

Here's my chart for comparison. Looks like your R1 displays a good 10 pips below mine! Broker difference, possibly...
Author:  Chris [ Tue Mar 12, 2013 7:55 pm ]
Post subject:  Re: 10.4 A Complete System

Pipsurfer wrote:Here's my chart for comparison. Looks like your R1 displays a good 10 pips below mine! Broker difference, possibly...
The candles look different too. There must be a difference in the GMT offset. I think my broker is GMT 0
Author:  Pipsurfer [ Tue Mar 12, 2013 8:00 pm ]
Post subject:  Re: 10.4 A Complete System

Yup, GMT +2
Author:  Chris [ Tue Mar 12, 2013 8:09 pm ]
Post subject:  Re: 10.4 A Complete System

Pipsurfer wrote:Yup, GMT +2
Hmmmm wonder what is more common? And can it be adjusted in the platform?
Most other trading platforms I have worked with, this value can be set.
Author:  james666 [ Tue Mar 12, 2013 8:31 pm ]
Post subject:  Re: 10.4 A Complete System

Bob - or anyone else. Which version of the laguirre indi are you using in your screenshots??
Author:  mjws00 [ Tue Mar 12, 2013 8:41 pm ]
Post subject:  Re: 10.4 A Complete System

Empty4 Server time is fixed. Just grab an Cowboy IBFX demo to match Bob and make comparisons in the thread easy. GMT-0. For trading they are close enough that is no big deal. If you are treading so closely to the edge that a 1-5 pip difference matters... the trade wasn't there. These are swings, not scalps.

Mike
Author:  grimweasel [ Tue Mar 12, 2013 9:06 pm ]
Post subject:  Re: 10.4 A Complete System

The week after NFP is always testing. The market usually turns on NFP and hits a cycle low. I'd stay out of sideways markets this week. Many pairs of oversold/bought and due pullbacks. Just keep your power dry and await the with-trend entries once the pullbacks are complete!
Author:  fxgeezer [ Tue Mar 12, 2013 9:25 pm ]
Post subject:  Re: 10.4 A Complete System

Hi people, is there an on-chart buy/sell indicator for 10.4?
Author:  cmeade2 [ Tue Mar 12, 2013 9:43 pm ]
Post subject:  Re: 10.4 A Complete System

Bob had a great post a while ago about watching paint dry.

I think we are there now.
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