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10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481
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Author:  Chris [ Thu Apr 11, 2013 3:52 am ]
Post subject:  Re: 10.4 A Complete System

I would agree with that.
Author:  garyfritz [ Thu Apr 11, 2013 4:01 am ]
Post subject:  Re: 10.4 A Complete System

Well I hope you guys grabbed a few pips in this little xxxJPY run-up. You're welcome...

I left this afternoon to run errands and have dinner with some friends. Came back 3 hours later to find my two JPY positions had dropped a total of 110 pips, and one was about to go into the red. Being mindful of Bob's lecture to "not let a winner turn into a loser," I decided I'd better close 'em out.

And I sold almost precisely at the low tick. *sigh*
Author:  nanningbob [ Thu Apr 11, 2013 4:31 am ]
Post subject:  Re: 10.4 A Complete System

garyfritz wrote:Well I hope you guys grabbed a few pips in this little xxxJPY run-up. You're welcome...

I left this afternoon to run errands and have dinner with some friends. Came back 3 hours later to find my two JPY positions had dropped a total of 110 pips, and one was about to go into the red. Being mindful of Bob's lecture to "not let a winner turn into a loser," I decided I'd better close 'em out.

And I sold almost precisely at the low tick. *sigh*
I dont know what size lots your trading but I add positions to JPY trades not close them out for losses. It aint going down so why are you closing them???
Author:  Chris [ Thu Apr 11, 2013 4:32 am ]
Post subject:  Re: 10.4 A Complete System

Bob
So are you staying out of GBPUSD and GBPCAD because they are all kind of in the middle of the CSS?
Author:  nanningbob [ Thu Apr 11, 2013 5:56 am ]
Post subject:  Re: 10.4 A Complete System

Chris wrote:Bob
So are you staying out of GBPUSD and GBPCAD because they are all kind of in the middle of the CSS?
I do limit entrances of trades. These were not particularly strong but maybe. Once I set my jpy, nzd, usd, aud, and some euro trades I think I have enough for a while.
Author:  nanningbob [ Thu Apr 11, 2013 5:58 am ]
Post subject:  Re: 10.4 A Complete System

Using 10.5 and a 30M chart fishnet looks like this. Looks cool to me. :mrgreen:
Author:  totty23 [ Thu Apr 11, 2013 6:06 am ]
Post subject:  Re: 10.4 A Complete System

you are giving up on AO?
Author:  nanningbob [ Thu Apr 11, 2013 6:52 am ]
Post subject:  Re: 10.4 A Complete System

totty23 wrote:you are giving up on AO?
I rarely/never use it. RSI 2 and 240 line is really all you need for a signal. P/S/R/Mid either daily or weekly lines you use for entrances and exits. It is that simple.
Author:  nanningbob [ Thu Apr 11, 2013 6:53 am ]
Post subject:  Re: 10.4 A Complete System

Go through this thread how many times have I even mentioned it? Maybe in the last 100 pages I may have mentioned it once.
Author:  nanningbob [ Thu Apr 11, 2013 10:09 am ]
Post subject:  Re: 10.4 A Complete System

I just closed out 25 trades. I went 20-5 and closed almost halfway through the Euro session or 3 hours in. There were 495 pips on the board and I took them. Increased my account 3.8%. Both aud/usd and nzd/usd were 100+ pip together. Poor 80%+ of traders at FF got their brains beat in again. I picked up 81 pips on gbp/jpy Poor 70%+ of traders at FF got their brains beat in again. 41 nzd/jpy, 71 Cad/jpy, 4 eur/jpy and 10 on chf/jpy. Some of the those trades I had 2 trades going. I have kept 1 trade going on each of the JPY pairs or a new pending with the break of the new high and reset my pending two line below in case we get a spike like yesterday. My biggest winner though was the eur/nzd 100+. I am tickled the most with the aud/usd and nzd/usd They just keep trickling up. Finally on the other end of these trades. usd/cad made a surprise run happy with that. 3 trades 100 pips total there.

I have 10 trades going and another 16 pendings set if price decides to keep running. I am lovin' it. My wife and I are going out to a Japanese restaurant to celebrate. Gotta give them something back, they have been so nice to me this year.
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