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

10.4/10.5 trades only
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2137
Page 40 of 68
Author:  cmeade2 [ Tue Jun 04, 2013 1:18 pm ]
Post subject:  Re: 10.4/10.5 trades only

I can see the NU short since it is at the WP.

What was your trigger on the other two?
Gertje wrote:
cmeade2 wrote:Long or short the NZD?
Gertje wrote:
fahedksa wrote:1hour before USA session open up to now I don't see any new acceptable trades to enter I have to check again .
Sorry guys for all questions but these to make me more understanding the system.
For me 3 NZD-crosses triggered moments ago.
GBPNZD long
EURNZD long
NZDUSD short

All in some small profit now.
Author:  art [ Tue Jun 04, 2013 1:19 pm ]
Post subject:  Re: 10.4/10.5 trades only

thanks jemook, for giving us a look at your method, just one question, ive just taken a short on the nzdusd, of off the one hour chart, but the 4 hour is still showing the golden rod, do you wait for the 4 hour to go red, or just use the 1 hour chart, rsi is pinned to the top on the 4 hour
Author:  Jemook [ Tue Jun 04, 2013 1:21 pm ]
Post subject:  Re: 10.4/10.5 trades only

FocalPip wrote:Hi Jemook,

As far as closing trades based off the H1 chart, do you wait until candle close? Also, when setting your SL above/below the swing, do you use the H1 or the H4?

Thanks for sharing!
Hey there,

It really depends.. sometimes I don't even close it and see what happens if it's near a pivot. But if the trade looks like it could swing against me then I'll just shut .. I don't think about it too much. I'm not sure if it was just the last few weeks but there are so many good setups available that I'm never afraid to cut one short..

Tonight I closed a bunch of profits before it reached my TP. The rules are there but you have to go with your gut and use whatever else you've learned in FX to hold 'em or fold 'em.

J
Author:  Gertje [ Tue Jun 04, 2013 1:23 pm ]
Post subject:  Re: 10.4/10.5 trades only

Pinned RSI and info-page H1 CSS.
cmeade2 wrote:I can see the NU short since it is at the WP.

What was your trigger on the other two?
Gertje wrote:
cmeade2 wrote:Long or short the NZD?
Gertje wrote:
fahedksa wrote:1hour before USA session open up to now I don't see any new acceptable trades to enter I have to check again .
Sorry guys for all questions but these to make me more understanding the system.
For me 3 NZD-crosses triggered moments ago.
GBPNZD long
EURNZD long
NZDUSD short

All in some small profit now.
Author:  Jemook [ Tue Jun 04, 2013 1:24 pm ]
Post subject:  Re: 10.4/10.5 trades only

art wrote:thanks jemook, for giving us a look at your method, just one question, ive just taken a short on the nzdusd, of off the one hour chart, but the 4 hour is still showing the golden rod, do you wait for the 4 hour to go red, or just use the 1 hour chart, rsi is pinned to the top on the 4 hour
I went short NZDUSD earlier this session from .8079 or just under WR1. I took it just before goldenrod on H1 because I could see the lines were converging so I took it a bit earlier. I don't use the H4 CSS at all anymore.

But... If the H4 CSS goes red while you are in a trade then you might want to hold for a longer ride down..

J
Author:  fahedksa [ Tue Jun 04, 2013 2:51 pm ]
Post subject:  Re: 10.4/10.5 trades only

Jemook,
From your trades I saw that all of your trades within Sydney , Tokyo sessions .Is just coincidence or depends on market moving?
Author:  nicoacademia [ Tue Jun 04, 2013 3:11 pm ]
Post subject:  Re: 10.4/10.5 trades only

fahedksa wrote:Hi,
I enter pending Buy @DP attached chart,Is it right trade?
130604 faedhska.png
fahedksa wrote:Thank Jemook for your tips.
Today up to now great recover most of yesterday lost ,Now I closed all my positions waiting 1hour before USA session to set my pending orders.
Bob your system more than perfect .
GBPCAD hit ur TP :)
130604 faedhska result.png
a good 50 for you there.
:mrgreen:

don't think of your overall loss.

think of executing as best as you can stacking 10.4 probabilities as much in your favour.

im quite a sportsperson so in the sports world its like stacking as much weight as possible in the gym while stacking repetitions to maximise muscle gain.

just think. that's 50 pips right there. and this is only for this pair.

so many other pairs also set up NZDUSD NZDJPY (shorts) GBPUSD(long). but i'm just too lazy to post.
i think i've put enough reptition out there for a repeatable routine into a repeatable framework that Bob has also repeated to us about 10.4.

and once you hit TP. take a breather.

just like our heart rests in between beats. it doesn't keep on hammering.

its a good time to calm the emotions down and refocus on the core principles as well as re-self-emphasize the proper technique.
Author:  art [ Tue Jun 04, 2013 3:49 pm ]
Post subject:  Re: 10.4/10.5 trades only

hi guys not sure how to upload my chart, but if this comes through, my chart looks different to fahedskas chart, i seem to have quite a few lines missing
Author:  sixdogtrader [ Tue Jun 04, 2013 4:10 pm ]
Post subject:  Re: 10.4/10.5 trades only

Art - I think you are using the H1 chart whereas he is using the H4 chart.
Author:  art [ Tue Jun 04, 2013 4:15 pm ]
Post subject:  Re: 10.4/10.5 trades only

no its the 4 hour chart, different pair, but it looks like that on allpairs
All times are UTC Page 40 of 68