10.4 A Complete System

[nanningbob]

This is the 4H chart nzd/usd doesnt even have lines anywhere near.

[nanningbob]

The 1H chart has 1 line left. Now what??

[nanningbob]

I know from previous experience if the aud or nzd run up with small candles for a long time and then suddenly spike a big candle or two. Run is done for now. CJ you can shoot the fox now I think. But then again .............................. I aint trying.

[Gertje]

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.

You're mean....

Wiped the board last night [EU time] and booked 43% profit by closing 4971 pips.....
Started over this morning, making profit again!

Booked 9615 pips this month, and still 2/3 to go!

I hope Bob keeps up giving us trading tips and advice!
.

[nanningbob]

I just broke 2000 pips for the week. Wonder how far I will go this week. My account is up 77% for the month.

[Gertje]

I just broke 2000 pips for the week. Wonder how far I will go this week. My account is up 77% for the month.

It's almost criminal, but I'm glad I was able to make a turningpoint in my 3 year forex-career.
Finally I feel I'm in control of my trading, instead of the other way around.
.

[spillini]

22% for the week on yen pairs only. Not bad at all. That pullback was very nice. I decided to scale in as the news induced drop continued thru the early evening. Sitting by my computer made this very easy last night.

Jim

[spillini]

All this upward movement and the RSI is still flatlined at the bottom...Hmmmm?

[Gertje]

I still remember the day I got hooked on forex trading, it was 1st of July 2010.

I was dicking around with a demo account and randomly opened and closed trades, because I knew virtually nothing about trading. At some point I had 1 buy lot EURUSD open, and the price took off. The pair travelled over 300 pips in what felt like a matter of minutes [could have been hours], and my account grew $3.000,-

At that moment I realised there was a LOT of money available, if one only found a way to get their hands on it [and keep it]. Since then I blew my share of accounts [and $$$] but kept liking the game. Tried all sorts of EA's, both commercial and specially written for me that made profit but in the end gave it all back, including my deposits.

Finally, after reading Bob's 10.2 something in my head connected and blew a spark. Since then the only losses I had were me trying to thinker with the system. After I realised there is nothing to thinker with, profits are constant 2-3% a day, and last week I had a blast with the JPY.

THANK YOU BOB!!

[Gertje]

All this upward movement and the RSI is still flatlined at the bottom...Hmmmm?

Probably means there's more to come.....