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10.4/10.5 trades only
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2137		 Page 32 of 68
Author:  Foreverforex [ Thu May 30, 2013 5:18 am ]
Post subject:  Re: 10.4/10.5 trades only
Crazy bunching up on 4H...
bunch0529.png
Author:  aserschan [ Thu May 30, 2013 5:37 am ]
Post subject:  Re: 10.4/10.5 trades only
Foreverforex wrote:Crazy bunching up on 4H...
bunch0529.png
it is just a feeling, but some big moves may come....
Author:  aserschan [ Thu May 30, 2013 5:53 am ]
Post subject:  Re: 10.4/10.5 trades only
will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden

opinions appreciated. thanks
Author:  kwanann [ Thu May 30, 2013 6:09 am ]
Post subject:  Re: 10.4/10.5 trades only
aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden

opinions appreciated. thanks
nope...
Author:  sponn [ Thu May 30, 2013 7:51 am ]
Post subject:  Re: 10.4/10.5 trades only
aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden

opinions appreciated. thanks

First setup: Sell on WP and WMS1 with WS as a target.
Second Setup: Sell on DP, DMS with DS as a target.

If you want to be mega aggresive you can also sell at DMR1 - but I will wait for CSS become goldenrod/red to set up this....

PS. Edited !

PS2. With a Daily lines you will not have got goldenrod on 4h I believe. But still "crossing WP/DP is valid setup no matter what the indies say"
Author:  aserschan [ Thu May 30, 2013 7:57 am ]
Post subject:  Re: 10.4/10.5 trades only
sponn wrote:
aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden

opinions appreciated. thanks

First setup: Sell on WP and WMS1 with WS as a target.
Second Setup: Sell on DP, DMS with DS as a target.

If you want to be mega aggresive you can also sell at DMR1 - but I will wait for CSS become goldenrod/green to set up this....
ok, by entering on WP we can expect the css to be goldenrod or even red.

in your last sentence, you mean goldenrod/RED, not green , i think.
Author:  fahedksa [ Thu May 30, 2013 8:00 am ]
Post subject:  Re: 10.4/10.5 trades only
Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?
Author:  kwanann [ Thu May 30, 2013 8:50 am ]
Post subject:  Re: 10.4/10.5 trades only
If its me, i would set a hard SL about 20pips below the DMS1 or the WP and see how it goes. since its only about 10pips away from DP i think its ok to wait.

Maybe if scared, add in TS?
Author:  pips400 [ Thu May 30, 2013 10:47 am ]
Post subject:  Re: 10.4/10.5 trades only
fahedksa wrote:Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?
Hi Fahedksa, ideally you'd have taken profit yesterday and price went all the way through to DR3. However looks like EURGBP is moving back up again, so at this stage, I'd move stop to BE or DP, and take profit at DR1. :D
Author:  fahedksa [ Thu May 30, 2013 2:44 pm ]
Post subject:  Re: 10.4/10.5 trades only
pips400 wrote:
fahedksa wrote:Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?
Hi Fahedksa, ideally you'd have taken profit yesterday and price went all the way through to DR3. However looks like EURGBP is moving back up again, so at this stage, I'd move stop to BE or DP, and take profit at DR1. :D
Thanks ,Close trade +5 pips fair :lol:
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