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How to Trade 10.x Like a Boss
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2505		 Page 35 of 39
Author:  bluedog23 [ Fri Jun 28, 2013 11:18 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
McNish wrote:I totally concur with Kwanann for his last couple posts. 10.4/5 is a trend following system, so what's wrong?
The markets are currently ranging, so it's not a 10.X game for now.
Don't wait for your fixed tp to get hit, like you would try to prevent your fixed sl being hit, ... chase you tp's in such markets.
But in the coming new week, i feel very strongly that 10.x is going to have a blast. Hope today's the last day of this ranging series. ;)
Well said McNish, I agree. That's why the last week or so has been frustrating to say the least.
Author:  Gertje [ Fri Jun 28, 2013 2:30 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
McNish wrote:I totally concur with Kwanann for his last couple posts. 10.4/5 is a trend following system, so what's wrong?
The markets are currently ranging, so it's not a 10.X game for now.
Don't wait for your fixed tp to get hit, like you would try to prevent your fixed sl being hit, ... chase you tp's in such markets.
But in the coming new week, i feel very strongly that 10.x is going to have a blast. Hope today's the last day of this ranging series. ;)
I think it is, booked à lot of pips last hour on trades that resumed their trend after a{}##{€& week.
.
Author:  Jonathan2FI [ Sun Jun 30, 2013 8:20 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jem,
thank you for clarity of rule based 10x system.
understand the trend direction, SL principles (where there is some discretion of using a pivot, 960lwma), target is clear WS, entry RSI flat lines, CSS not against i.e. if short not green if long not red and pending on cross of pivot in direction of trend or cross of recent high for long and low for short.
Can you check my interpretation of this last point please See chart for example
Yellow vertical shows point of pending set, horizontal red is SL, yellow is entry price, and blue would be target price - all winners. No greed must make 10% pd etc just solid low DD profit.
Jonathan
Author:  McNish [ Mon Jul 01, 2013 5:39 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?

Cheers, :)
Author:  Jemook [ Mon Jul 01, 2013 6:09 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jonathan2FI wrote:Can you check my interpretation of this last point please See chart for example
Yellow vertical shows point of pending set, horizontal red is SL, yellow is entry price, and blue would be target price - all winners. No greed must make 10% pd etc just solid low DD profit.
Jonathan
I can't see your screenshot for some reason.. Can you please re-upload?
McNish wrote:Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?

Cheers, :)
Nope. I only use Easy Order script and I'm still managing the trade manually.
Author:  garyfritz [ Mon Jul 01, 2013 1:36 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jemook wrote:I can't see your screenshot for some reason.. Can you please re-upload?
He posted it as a TIF, which the forum doesn't seem to handle properly. Here's a GIF:
Author:  McNish [ Mon Jul 01, 2013 3:34 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jonathan2FI wrote:..., cross of recent high for long and low for short.
this is just my read, Jem pls comment.

Cross of (recent H/L or WP, whichever earlier) ? Seems ok. i too use the swing or yesterday's H/L for placing sl's at another system and they seems to obey mostly.

Cheers, :)
Author:  MurphyMan [ Mon Jul 01, 2013 9:02 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jemook wrote:
McNish wrote:Jem, are u using the CssH1 script for entry or exits and do they work correctly? I think you had mentioned something earlier somewhere about this. Or u use the easy order script alone for setting your pendings?

Cheers, :)
Nope. I only use Easy Order script and I'm still managing the trade manually.
Jem,

When you place a pending using EasyOrder, to you generally take the default entry point, or to you adjust it?

Thanks again!

Sam
Author:  Jemook [ Mon Jul 01, 2013 10:24 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Hi Sam,

I don't place pendings as I enter at market when a setup presents itself.

Cheers,
J
Author:  BONZO [ Wed Jul 03, 2013 2:47 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
How's the system been going, seems like there was a lot of losing trades recently
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