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| 10.4 A Complete System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481 |
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| Author: | Gertje [ Wed May 08, 2013 2:46 pm ] |
| Post subject: | Re: 10.4 A Complete System |
To bad the lines aren't horizontal so they can be used as entry/ exit points... |
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| Author: | zentauro67 [ Wed May 08, 2013 2:52 pm ] |
| Post subject: | Re: 10.4 A Complete System |
@Gertje Good point. I´m using Another Brian´s TT2P for the entries, so the slope is not a problem. Anyway, I don´t use any grid, just pivots or PA. |
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| Author: | Gertje [ Wed May 08, 2013 3:00 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Had been thinking about Bob's earlier proposal to scrap the pivots and just use the grid from Empty4. I love my daily pivots, but am open to change to make live easier. Seems like GBPJPY is setting itself up for an early friday-run.... |
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| Author: | TraderDesk [ Wed May 08, 2013 3:24 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Yes it is...I just took some profit with the 1 hour positions and I am waiting for price to retrace back down 153.30-60 to add more positions.... 4 hour chart pendings and open positions are waiting for a big move tomorrow where I am looking for a high tomorrow in the 12:00-16:00 4 hour bar. It will be nice for 156.40-60 area to be touched... |
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| Author: | IanV [ Wed May 08, 2013 3:51 pm ] |
| Post subject: | Re: 10.4 A Complete System |
[quote="zentauro67"]Swingman made a fine Gann grid indi. You must set to true "show Ganngrid", and put in false the others (none for colors, just silver for the grid) Of course the best grid of all is Price. Whole, half and quarter numbers. That's all I use with a little historic S/R. That's what the MMs work to. |
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| Author: | spillini [ Wed May 08, 2013 4:07 pm ] |
| Post subject: | Re: 10.4 A Complete System |
FYI, Good time to sell EUR/GBP at a bargain, guys. |
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| Author: | zentauro67 [ Wed May 08, 2013 4:38 pm ] |
| Post subject: | Re: 10.4 A Complete System |
@Gertje, IvanV Daily pivots are a great tool for 10.5, but as all pivots only work well in fluidity zones. Pivots are just an intelligent way of plotting the average range, and average means nothing in strong S/R areas. Sometimes Pivots are misleading because they are also reversal zones and putting an order on it could be dangerous. That´s why I find midpivots much safer for pendings. What could be the alternative? Grids? Round numbers? I´m using horizontal lines from Slipshod´s SR indi and I´m happy with it. They are great for entries and takeprofits and sometimes suggesting some extra pips for 240 SL if price action reveals the support is a bit lower or higher. This lines are not related to previous ranges but to the very price action. Bob said once that pivots worked for him as "an excuse" to send pendings and I still use them that way in open spaces. If price is in a fluidity zone, without proven S/R near, pivots work fine. I keep the pivots in the shifted area (just processing 3 bars) and use the chart for the other lines. This in example. You can see, pivot and ss-sr lines almost match, but resistance goes a bit further than 240 and support comes a bit earlier than WS1. |
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| Author: | tboy [ Wed May 08, 2013 7:17 pm ] |
| Post subject: | Re: 10.4 A Complete System |
zentauro would you be able to post the slipshod indi? looks interesting. Thanks tboy |
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| Author: | padnoter [ Wed May 08, 2013 7:44 pm ] |
| Post subject: | Re: 10.4 A Complete System |
it's on this forum... you can find it in the 1st post of; http://www.stevehopwoodforex.com/phpBB3 ... f=27&t=514 |
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| Author: | mouradb [ Wed May 08, 2013 9:07 pm ] |
| Post subject: | Re: 10.4 A Complete System |
hello, thank you for this excellent systeme.je think if basic rules are applied, the losses will rares.j 'I started two days ago to use and no losses to date. |
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