10.4 A Complete System

[spillini]

Yep, I figure as much. I would never take my stop away from below the 240. I have a rule about that also, I keep the stop just below or above the 240 unless, the price is either just above or just below the 240, then I use a little padding to give it some running room.

All the way back and into profits for another profitable week, and I have noone to thank except Bob. You stood vehemently on those words,"The JPY is going down and nothing is going to stop it". I believed it and held my scales all the way back and was rewarded for it. I also have the following 10-4 trades going: GBP/CHF +47
AUD/USD +68
EUR/USD +1
EUR/JPY +21 Reloaded at weekly pivot
GBP/JPY +32 Reloaded at weekly mid-pivot

I hung in there, Thanks Bob!!

Just remember to only do that when the macro economics are on your side or a news story that doesnt change the macro economics move. Sometimes it is tough to tell the difference. Either way I dont use my account as all in. I may take a nasty loss now and then but I dont sacrifice my account.

[Jemook]

Guys, has anyone else seen this huge spike down on Fridays EURCHF.... It shows on the GP platform but not on Alpari's. Also what is with the spread 50.8pips.

rchfh4.jpg[/attachment]

Hey Cosmo, I'll take a look into this first thing Monday morning. Please email me your email at jeremy.k@globalprime.com.au so I can respond to you directly.

Cheers,
J

[cosmo]

[/quote]

I would say its probably a bad data tick, because it is not on FXDD nor is it on Forex.com.

Jim

Jim, will be interesting to see how it looks on Monday also that 50.8 spread would have hit my SL. I'll check will Jem on Monday, I'm sure he can find out what is going on, that's the beauty of GP.

[Lydia]

Attached.
There might be a small overlap between #3 and #4.

They're basically all 10.4 trades, but executed on the H1.
.

OK look forward to it.

One question. Were some of these H1 trades? If so, can you estimate the returns from straightforward 10.4 H4 trades?

thanks

cmeade2

I tried but failed on the iPad. Will do tomorrow on the computer.

So Gertje, you are looking for the signal in 4H chart, when the RSI at the top/bottom then you set pending order and TP in 1 H chart, correct me if I'm wrong.

Thanks,
Lydia

[fx800]

Speculators add to yen shorts .....................

http://www.forexfactory.com/news.php?do=news&id=423486

[Gertje]

Attached.
There might be a small overlap between #3 and #4.

They're basically all 10.4 trades, but executed on the H1.
.

OK look forward to it.

One question. Were some of these H1 trades? If so, can you estimate the returns from straightforward 10.4 H4 trades?

thanks

cmeade2

I tried but failed on the iPad. Will do tomorrow on the computer.

So Gertje, you are looking for the signal in 4H chart, when the RSI at the top/bottom then you set pending order and TP in 1 H chart, correct me if I'm wrong.

Thanks,
Lydia

You are correct.

[sponn]

Gertje.. just one more. Are you using two entrys and 3rd line is tp or what ? How do you deal with orders numer (how many levels do you usually use) and how do you filter to use 2 or 3 or 4 entrys ?

[IanV]

Gertje.. just one more. Are you using two entrys and 3rd line is tp or what ? How do you deal with orders numer (how many levels do you usually use) and how do you filter to use 2 or 3 or 4 entrys ?

Gertje posted a some trades on the previous page. If you plot a few on your own chart you will see exactly what he does.

[Pipstubborn]

Gertje, awesome results. Following Lydia's question is that you set pendings at every daily pivots on H1 and you TP at DAILY S/R1. Is this correct?

Thanks, Pipstubborn

[Staedtler]

Speculators add to yen shorts .....................

http://www.forexfactory.com/news.php?do=news&id=423486

wow, i didn't know they posted that kind of information, that's interesting