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10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481		 Page 221 of 745
Author:  aworex [ Thu Mar 21, 2013 9:45 am ]
Post subject:  Re: 10.4 A Complete System
McNish wrote:I'm doing a "help my self" with 10.5. It's just like TGB described in one (many actually) of his posts earlier. Keep taking the singles. The odd loose ball will eventually come to be hit for a boundary or home run. But the singles is what will get us there rather than the occasional home run.

Taking multiple 50 pips rather than waiting for 300 pip run and getting stopped out. Great Stuff.

Regards,
Spot on, I just close out trades 50pips during the first half of the week and let things run later in the week
Author:  nanningbob [ Thu Mar 21, 2013 9:53 am ]
Post subject:  Re: 10.4 A Complete System
Gertje wrote:
nanningbob wrote:WHY ARE YOU WAITING FOR YOUR BE TO GET HIT?????
I can only answer for myself; not enough experience and 'afraid to TP'.

Yesterday I took profit where I saw it and banked 2% again. Still not profitable this week, but getting there.
Guys may disagree with what I just did but I saw another 221 pips on the board and I took them. That banked close to another 2% of my account. I set up some more pending trades if they run and if the dont I got the maximum out of the early Euro session.
Author:  nanningbob [ Thu Mar 21, 2013 10:06 am ]
Post subject:  Re: 10.4 A Complete System
Question: I am wondering if you have used "currencyslopestrength"indicator to limit your trades to the strongest and weakest currencies or crosses of two currencies or even the breakout of a currency from a predefined level and have a higher probability of a successful trade % then just using all currencies pairs that are on your broker platform?

Right now they are giving me plenty of trades AUD, JPY, USD this week and now with Euro setups I have cashed in on them. GBP is not for the weak of heart but TJ is having a field day with that up and down spike movement. I am better set up for it today and have set several pendings on gbp pairs to see if it jumps all over the place again. Those are grab and run trades. TJ will teach you how to do those in his thread.

The CSS is telling me JPY maybe breaking out from the pack NZD is about ready to take over 2nd place. Love the eur/nzd drop right now. AUD is holding and USD is starting to slide. Still no break into any long trends yet but maybe getting close. I will let my trades run on the currency that separates itself from the pack. Until then I use CSS to tell me whether to hold or TP. Right now I am TP and banking. What ever currencies pull out of the pack those are the ones you hold and run. If they are in the pack you see profit Grab it before is disappears.

Here is my CSS read for now.
Author:  nanningbob [ Thu Mar 21, 2013 10:27 am ]
Post subject:  Re: 10.4 A Complete System
CSS is getting its own page. Tell Baluda his creation is getting top billing in 10.4 now.
Author:  Gertje [ Thu Mar 21, 2013 10:27 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:Here is my CSS read for now.
I love the indi, but it seems to kill my cpu and freezing the Empty4.
Am thinking about opening a 2nd Empty4 for just this indi.
Author:  nanningbob [ Thu Mar 21, 2013 11:13 am ]
Post subject:  Re: 10.4 A Complete System
Same rules as 10.2 bigger than 8 stay and run? Hold the trade until it comes back inside. hmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Author:  TraderDesk [ Thu Mar 21, 2013 12:05 pm ]
Post subject:  Re: 10.4 A Complete System
Yes I am trading for larger profits AUD/JPY and looking for quick 10.5 profits with currencies that pair with JPY as well as AUD...

When currencies breakout the 0.7 level I look for bigger trends so will adjust my TP accordingly...
Author:  spillini [ Thu Mar 21, 2013 12:07 pm ]
Post subject:  Re: 10.4 A Complete System
Nice, First 2 positions triggered and we pulled them just in front of support line at 3192.This system is really sharp. Appreciate the time and effort from nanningbob.
Author:  Plople [ Thu Mar 21, 2013 12:16 pm ]
Post subject:  Re: 10.4 A Complete System
On which page I find the 10.5?
Author:  lionsden [ Thu Mar 21, 2013 12:23 pm ]
Post subject:  Re: 10.4 A Complete System
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