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| 10.6 EDSEL https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3259 |
Page 219 of 234 |
| Author: | boldtrader [ Wed Apr 02, 2014 5:56 pm ] |
| Post subject: | 10.6 EDSEL |
Update to the Silver Position I posted on March 28th, now in 6th trading day: The current position gained 23.78% today (as of this writing). Using the XAG/USD charts with the indi's channels and STO7 giving signals for buy.. I purchased the SLV 100 APR 14 18.50 Calls to make the Long position. The Calls will expire in 17 days, and I expect to have a 100% + gain on the position as I am expecting price to move up to an MST(s) at $20.65 and $21.10. This is another example of broadening the traders horizons and how to generate revenue from the system. The Call Option was purchase when XAGUSD was trading at $19.71, and the SLV ETF was trading at $18.96. I purchased the $18.50 call to have less volatility on the position against any pullbacks. This increased my cost a bit more, but reduced my risk volatility levels by buying deep into the money. Hope this helps.. Almost forgot.. here is the same chart with the new ATR channels added (per Bob's settings). I am testing the waters here.. and all trades so far have been 100% winners. Thank You Bob. Cheers |
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| Author: | boldtrader [ Wed Apr 02, 2014 6:34 pm ] |
| Post subject: | 10.6 EDSEL |
Just closed a trade using new ATR channels. I am starting to really like these Bob. GBPCHF trade, + 36, +69 and +58 pips. I just closed position as the indi's were turning down. I expect a small retrace down.. then will look for possible new long position if conditions warrant. Cheers. |
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| Author: | boldtrader [ Wed Apr 02, 2014 6:49 pm ] |
| Post subject: | 10.6 EDSEL |
Currently short EURUSD: Here is trade setup for those wanting to learn or wants to see example.. Short entered at DP. In direction of H4, with STO7/Indi confirming. Currently trade is about +35 pips with multiple positions. Image also shows CSS setup to alert, give advance notice to the pending trade. Hope this helps. Cheers. |
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| Author: | nanningbob [ Wed Apr 02, 2014 10:25 pm ] |
| Post subject: | 10.6 EDSEL |
First I appreciate all your posts and illustrations. I just havent had that much free time to post my trades as I take them. What I am seeing so far with the MA/ATR is places I can put limit orders which is something I almost never use. Now with these lines I can see places where if price spikes I get a chance to get in back into a trend or move and maybe get close to the max pips. Anyway keep up the good work. On another note, has anyone updated the scripts yet? the buy/sell/close etc. Mine arent working anymore. Also my trades analyzer script is not working either. Does anyone have a working alternative? I have written Cowboy IBFX and they seem to be working on it but right now I dont have one. |
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| Author: | milanese [ Wed Apr 02, 2014 10:45 pm ] |
| Post subject: | 10.6 EDSEL |
If you have the mq4 files of this scripts you can pm them to me and I will take a look to update them to 625 build.. Cheers Tommaso |
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| Author: | nanningbob [ Wed Apr 02, 2014 10:49 pm ] |
| Post subject: | 10.6 EDSEL |
Looking at this trade today. 1. CSS gbp moving up usd flat could cross later today. 2. Price is at 240 line and 60 is just below Look to take a buy trade at the bounce up off of both 240/60 Wait for STO7 to give you the signal and enter off of line 1 above the 60MA/ATR First profit goal around 50 pips red line the take 1/2 profit and 2nd around 100 pips 2nd black line moving TP line up with price on the 2nd half See CSS read and 4H read. I am interested in this trade because it is a very good test for my new indi reads. |
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| Author: | harry45 [ Wed Apr 02, 2014 10:57 pm ] |
| Post subject: | 10.6 EDSEL |
These are scripts which allow you set pendings orders with different magics.You have to indicate on the chart by mouse where you want to place a pending order and the script depending on the specific location will install stop or limit order Hope it helps. Regards |
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| Author: | pg2205 [ Wed Apr 02, 2014 10:59 pm ] |
| Post subject: | 10.6 EDSEL |
Thank you boldtrader for your fabulous insight. Can you please advise the indicator you use on the bottom on your screen? Looks like a heavily modified MACD. Cheers |
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| Author: | Anthar [ Wed Apr 02, 2014 11:51 pm ] |
| Post subject: | 10.6 EDSEL |
Thanks for the great input Bill, I love how it all falls into place acting together. I've been following this pair but got no chance to enter Thanks Bob for the heavy updates too, looking forward to it. If there's any minial job you need to conclude don't hesitate and tell me, I'll be glad to help. |
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| Author: | nanningbob [ Wed Apr 02, 2014 11:54 pm ] |
| Post subject: | 10.6 EDSEL |
Here are my most commonly used scripts. The others I have are from I B F X and are executable files only. I have to wait until they do them. Thanks |
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