Gertje wrote:

Pipstubborn wrote:Gertje, Congratulations. Can you ilustrate me? Do you TP at 2-3 lines of the daily pivots? or go line by line on the H1?
Thanks for your help

I started going line to line on tuesday, and moved on going from every line between PA and SR1 to SR1.

Re-funded my account with $130,- tuesday and am up 2269 pips since. Mainly due to JPY buy's, I put pending buy's on every weekly line and TP at the 2nd line from there. For example;
- R2 -> R1
- MR2 -> MR1
- R1 -> P
- MR1 -> MS1
- etc.

This way I am always in 2 trades, limiting my DD and doubling the amount of pips the pair travels north. With 2 trades [$0.01/ pip] a JPY-pair the DD will be managable.

Lydia wrote:

Gertje wrote:

Pipstubborn wrote:Gertje, Congratulations. Can you ilustrate me? Do you TP at 2-3 lines of the daily pivots? or go line by line on the H1?
Thanks for your help

I started going line to line on tuesday, and moved on going from every line between PA and SR1 to SR1.

Re-funded my account with $130,- tuesday and am up 2269 pips since. Mainly due to JPY buy's, I put pending buy's on every weekly line and TP at the 2nd line from there. For example;
- R2 -> R1
- MR2 -> MR1
- R1 -> P
- MR1 -> MS1
- etc.

This way I am always in 2 trades, limiting my DD and doubling the amount of pips the pair travels north. With 2 trades [$0.01/ pip] a JPY-pair the DD will be managable.

Hi Gertje,

Are you using 10.4 templates or 10.5 ? Can you share the chart please if you don't mind.
Thank you

padnoter wrote:
Hi Gertje,

Congrats on pip collection & thanks for info.

What I'm still finding hard to get is the correlating signals from 4H & 1H.. When I look at the JPY 4h charts I only see long signals on monday when RSI was flatlined at the bottom. So I get how you could look for similar signals on the 1h chart... but from Tuesday onwards the RSI 4h has moved away and is at the top (ob) by end if tuesday, so what tells you to keep trading long on 1h then? Or are you just using the 1h stoch & the fact that we're about the 240?

But I can't say it enough - thanks to Bob & all contributors here - excellent thread, sound theory, great system - thanks

cheers

Gertje wrote: ...
The JPY trades I just went long on every [mid]pivotline, because it's above the 240MA and the trend is strongly up [with some 'hickups'].
.

nanningbob wrote:

kwanann wrote:Somehow despite all the optimism in yen, i somehow cannot shake off the feeling that something bad is going to happen soon (no not the earth quake) that will appreciate the yen.

Could be CJ and the M forming on the daily..

Oh, well so much for the M on the daily. Thank you JPY for depreciating just as predicted. I closed all my positions with that last market move up and I am out with no DD. I could have hung on to some trades but the aud is making me nervous. I did have a losing week but not because of the JPY. My losses were because of my NZD trades as I lost on gbp/nzd, eur/nzd, and nzd/usa. I also had a losing trade on the gbp/chf. Those trades were losers at the 240 line. I profited on all jpy trades except aud/jpy and cad/jpy. Cad/jpy hit my SL on Monday and aud/jpy I lost 12 bucks so not crying there. All the others I ended up in profit. I have closed for the day and dont think I will take anymore trades this week. My account is down 4.7% for the week, but up 67% for the month. I am adding funds to my account and basically tripling it. I will go to a lower lot size to account size of 5 cents to every 1000 dollars so I suspect my more spectacular account increases will come to an end. I know if you can increase an account that fast you can lose an account that fast.

I expect the volatility of the market to pick up and dont want to get caught too badly on a sudden move. I am sure I will get many more suggestions on more indis for the system but I will stick with what I have. It is suiting me well. I will work on my update and look at the CSS being used on multiple TF along with the RSI 2. I think it will be a better indi than the AO is. Reacts quicker to market movement and the angle lessening gives warning that a move maybe slowing down. Have fun trading, I am going out with my wife and then ..................... who knows.
See you guys Monday.

IanV wrote: I used to trade the Sonic R system and still follow the thread. It's a monster thread and I only concentrate on Traderathome (Tah). His posts are invaluable and tho he always says "I may be wrong" he seldom is.

Ian

Tebis wrote:Hi,

I had the same DD and some more, killed my account on monday.

I don't look for correlation between H4 and H1, if the H4 signals it's time for me to put pendings like I did in 10.4

The new thing for me here is I don't enter the pendings on the WEEKLY PIVOTS with H4, but on the DAILY PIVOTS on H1. The distance between the lines is smaller, so more stacking and earlier TP than when trading the weekly pivots.
.

Hi Gertie,
great results !
Like you, i prefere Tradeentry on H1 and Daily PV.
What SL are you using for the first entry and the following trades ?
Cheers
Tebis