stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481		 Page 347 of 745
Author:  nanningbob [ Thu Apr 18, 2013 2:37 am ]
Post subject:  Re: 10.4 A Complete System
Chris wrote:
nanningbob wrote:gbp chf sell I am using the break of the daily pivot on this one.
The new daily pivot is lower than this. Are you sticking with yesterdays Pivot?
I like the odds on these two trades, If GBP decides to go strong to the up side you have the GBPUSD, if it goes south you have the GBPCHF. :)
How about both WS1 and WSM2. double up on the trade. :)
Author:  nanningbob [ Thu Apr 18, 2013 2:50 am ]
Post subject:  Re: 10.4 A Complete System
Better yet, it is Thurs. 3 levels on the 4H chart.
Author:  spillini [ Thu Apr 18, 2013 2:57 am ]
Post subject:  Re: 10.4 A Complete System
I myself got in this one at 4116
nanningbob wrote:Better yet, it is Thurs. 3 levels on the 4H chart.
Author:  Chris [ Thu Apr 18, 2013 2:59 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:
Chris wrote:
nanningbob wrote:gbp chf sell I am using the break of the daily pivot on this one.
The new daily pivot is lower than this. Are you sticking with yesterdays Pivot?
I like the odds on these two trades, If GBP decides to go strong to the up side you have the GBPUSD, if it goes south you have the GBPCHF. :)
How about both WS1 and WSM2. double up on the trade. :)
Perfect! :)
Author:  Chris [ Thu Apr 18, 2013 3:01 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:Better yet, it is Thurs. 3 levels on the 4H chart.
OOOOOO even better!
Author:  kwanann [ Thu Apr 18, 2013 3:23 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:
Chris wrote:
nanningbob wrote:gbp chf sell I am using the break of the daily pivot on this one.
The new daily pivot is lower than this. Are you sticking with yesterdays Pivot?
I like the odds on these two trades, If GBP decides to go strong to the up side you have the GBPUSD, if it goes south you have the GBPCHF. :)
How about both WS1 and WSM2. double up on the trade. :)
Oh man, i totally forgot about the ability to stack trades!

Thanks for the reminder!
Author:  Chris [ Thu Apr 18, 2013 3:51 am ]
Post subject:  Re: 10.4 A Complete System
Things are starting to move, just started a CJ EJ and GJ trade

We might get both the GC sell and the GU buy, is that a good thing?
Author:  madpipa [ Thu Apr 18, 2013 4:20 am ]
Post subject:  Re: 10.4 A Complete System
What a roller coaster last couple of weeks. And it has only been 10 trading days. All XXXJPY crosses flying up, then crashing down. 10.4 has helped with profits & minimising losses. And Bob has helped us even more - thanks Bob. I must admit I have been a bit like Ingot of late & stepped aside until I felt more confident in trading. Currently I am holding a few JPY crosses with a small drawdown waiting for price to meander back up. Small lot sizes, small concern.

Have a look at the NZDUSD Daily chart below. All that action & it pretty well stuck inside the upward channel that started way back in Nov last year. All the crosses look similar. Yet we are all surprised. I wonder why?? I have seen it before, either live in reviewing historic charts, but it still sends a chill down my spine when price races away like that.

Cheers,
Mick
NJ Daily.png
Author:  nanningbob [ Thu Apr 18, 2013 4:42 am ]
Post subject:  Re: 10.4 A Complete System
madpipa wrote:What a roller coaster last couple of weeks. And it has only been 10 trading days. All XXXJPY crosses flying up, then crashing down. 10.4 has helped with profits & minimising losses. And Bob has helped us even more - thanks Bob. I must admit I have been a bit like Ingot of late & stepped aside until I felt more confident in trading. Currently I am holding a few JPY crosses with a small drawdown waiting for price to meander back up. Small lot sizes, small concern.

Have a look at the NZDUSD Daily chart below. All that action & it pretty well stuck inside the upward channel that started way back in Nov last year. All the crosses look similar. Yet we are all surprised. I wonder why?? I have seen it before, either live in reviewing historic charts, but it still sends a chill down my spine when price races away like that.

Cheers,
Mick
NJ Daily.png
To me the 240 line helps me see all the other stuff, S/R, channels, trendlines, spikes, chart patterns. etc. It is like it gives us an advantage no one else has. Give me that 240 line and I can make any other system work consistently.

CSS helps me catch where the action probably is going to be. I never would consider trading CHF pairs but it popped out into the lead and the news story was there to confirm it. SNB says it may step aside and traders and people looking for a safe haven for their money are probably going to jump on board. That discovery would have been missed without the CSS telling me to take a look at that currency. I looked and really liked what I saw. Now let it fly.
Author:  nanningbob [ Thu Apr 18, 2013 4:48 am ]
Post subject:  Re: 10.4 A Complete System
You want a rare event? aud and nzd going two different directions. You wont see that too often. Not sure what to make of that yet but will keep an eye on them.
All times are UTC Page 347 of 745

Powered by phpBB® Forum Software © phpBB Limited