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10.4 A Complete System
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Author:  Ingot54 [ Mon May 06, 2013 12:56 pm ]
Post subject:  Re: 10.4 A Complete System

Staedtler wrote:am i the only one who see's this on the USDJPY ?
Mine is looking ok.
Have you adjusted any settings?
Author:  spillini [ Mon May 06, 2013 3:03 pm ]
Post subject:  Re: 10.4 A Complete System

You must be reading my mind. Also got same type of pending limits on N/J and E/J. Also took weekly pivot bounces as per 10-4/10-5 setups short on AUD/USD,EUR/GBP and are doing well. Took one chance on AUD/CHF and it remains to be seen if I need to take a ruler to my knuckles yet.

Jim

TraderDesk wrote:Looking at the intra-day trade for GBP/JPY and here is what I see at this time:

Potential pullback on a yet to finish bear divergence. It has not finish but it is forming so keep that in mind.

Buy limits place on daily pivot lines... I like to place bigger limits the further down we go as that works with my risk management...
5-6-2013 11-51-16 AM.jpg
Author:  e-trader [ Mon May 06, 2013 5:39 pm ]
Post subject:  Re: 10.4 A Complete System

Hi All. First off, Thanks Bob for such a great system and all of your hard work, i have been trading for many years now and have not seen such a complete strat. It is all I will be using as it totally fits into my longish term trading style.
Thanks Steve for starting your own forum and showcasing Bob's system. I have watched you on FF for a long time and it is great to see you have created your own corner of the web. (i also checked out stevehopwood.co.uk) what a talented guy are.
And thanks to all who have contributed to this forum and strat, whether it be with coding, ideas or posting up charts. It all contributes to helping others coming here to understand the system.
Cheers to all of you!!!

So here is a chart on EU. When this band was golden, was this a valid area to place pending orders? I do get the system but just want to be sure. Also, i have added the AO because i like it.....
eu may 6 13.png
Author:  Staedtler [ Mon May 06, 2013 7:48 pm ]
Post subject:  Re: 10.4 A Complete System

Ingot54 wrote:
Staedtler wrote:am i the only one who see's this on the USDJPY ?
Mine is looking ok.
Have you adjusted any settings?

everything is accurate on the original 10.5 and 10.4 .. 10.5.1 black is the one showing flat bottom

the rsi settings are the same
Author:  Ingot54 [ Mon May 06, 2013 11:13 pm ]
Post subject:  Re: 10.4 A Complete System

Staedtler wrote:
Ingot54 wrote:
Staedtler wrote:am i the only one who see's this on the USDJPY ?
Mine is looking ok.
Have you adjusted any settings?
everything is accurate on the original 10.5 and 10.4 .. 10.5.1 black is the one showing flat bottom

the rsi settings are the same
Still ... something is not quite right. It seems the difference is more than the broker's time ... this runs over several 4H bars. You have to be able to trust your chart, and clearly the RSI-TMA line is counter to the direction of price ... almost inverse.

It seems like an aberration. Have you tried to replicate the same chart/settings on another Empty4 plat? Has anyone else had the same anomaly? Has the problem resolved itself by flicking back and forth between 1H and 4H? My charts "correct" when first loaded, after changing between TF. Does that fix the issue for you?
Author:  Chris [ Mon May 06, 2013 11:57 pm ]
Post subject:  Re: 10.4 A Complete System

Ingot54 wrote:
Staedtler wrote:
Ingot54 wrote:
Staedtler wrote:am i the only one who see's this on the USDJPY ?
Mine is looking ok.
Have you adjusted any settings?
everything is accurate on the original 10.5 and 10.4 .. 10.5.1 black is the one showing flat bottom

the rsi settings are the same
Still ... something is not quite right. It seems the difference is more than the broker's time ... this runs over several 4H bars. You have to be able to trust your chart, and clearly the RSI-TMA line is counter to the direction of price ... almost inverse.

It seems like an aberration. Have you tried to replicate the same chart/settings on another Empty4 plat? Has anyone else had the same anomaly? Has the problem resolved itself by flicking back and forth between 1H and 4H? My charts "correct" when first loaded, after changing between TF. Does that fix the issue for you?
Mine has the same issue.
But what about AJ does that look right?
Author:  Staedtler [ Tue May 07, 2013 12:24 am ]
Post subject:  Re: 10.4 A Complete System

i don't have any other platforms.. i've tried switching back and forth in TF's.. same story. 10.5 works fine.. 10.5.1 is giving bad rsi2 readings.. but it's only on that 1 pair
Author:  f451 [ Tue May 07, 2013 1:33 am ]
Post subject:  Re: 10.4 A Complete System

nanningbob wrote:
Also using CSS 4H compared with the Daily lets you know if Angle is getting higher meaning movement is strengthening or Angle is lessening meaning movement is decreasing. If you put the three together you have a really nice story going letting you know that the market is becoming more dynamic and which currencies are the ones moving it. It will tell specifically (I hope) which currency pairs maybe be your best trades. Working on that now. My goal is to have a 10.4 info page that you can read and know these pairs are moving or slow day today or ooooooops I am on the wrong side of that one gotta get out. This may take me a couple of weeks to finish but I see the potential already. Then I believe it will be the most complete dynamic system on the market. But first I have to wrap my mind around Baluda's new indi and make sure I understand the meaning of the line and how to use it. Brilliant piece of work. Just brilliant.


Bob, I read this and instantly thought "that's a "MACD CSS". D1 CSS is the slow MA. 4HR CSS is the fast MA. Difference is the momentum of the currency". I guess that's what you and Paul are working on.
Author:  nanningbob [ Tue May 07, 2013 1:53 am ]
Post subject:  Re: 10.4 A Complete System

Staedtler wrote:i don't have any other platforms.. i've tried switching back and forth in TF's.. same story. 10.5 works fine.. 10.5.1 is giving bad rsi2 readings.. but it's only on that 1 pair
I shouldnt have put RSI2 on the 1H it is not a good indi unless it fits with 4H. When they agree with each other that maybe a good trade but RSI 2 on the 1H is not that reliable.
Author:  nanningbob [ Tue May 07, 2013 2:10 am ]
Post subject:  Re: 10.4 A Complete System

f451 wrote:
nanningbob wrote:
Also using CSS 4H compared with the Daily lets you know if Angle is getting higher meaning movement is strengthening or Angle is lessening meaning movement is decreasing. If you put the three together you have a really nice story going letting you know that the market is becoming more dynamic and which currencies are the ones moving it. It will tell specifically (I hope) which currency pairs maybe be your best trades. Working on that now. My goal is to have a 10.4 info page that you can read and know these pairs are moving or slow day today or ooooooops I am on the wrong side of that one gotta get out. This may take me a couple of weeks to finish but I see the potential already. Then I believe it will be the most complete dynamic system on the market. But first I have to wrap my mind around Baluda's new indi and make sure I understand the meaning of the line and how to use it. Brilliant piece of work. Just brilliant.


Bob, I read this and instantly thought "that's a "MACD CSS". D1 CSS is the slow MA. 4HR CSS is the fast MA. Difference is the momentum of the currency". I guess that's what you and Paul are working on.
Daily gives long term; 4H gives you a read for the weekly term. So this week the aud is weak on the daily. Is that weakness continue to weaken strongly or weakly. The 4H will give that info. Gary has pointed this out and it makes sense.
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