10.4 A Complete System

[MurphyMan]

I have been having so much fun with this, this week. Up 4.5% since Monday morning

I may even take my main account live next week.

Thanks to Bob, Steve, Baluada and the rest of you Brainiacs.

Wow!

[mjws00]

Today results

That's the one we're looking for Lio. Awesome.

Do you have that dashboard showing (L) (S) and pips. Or is it one of your own? I'd love to see my trades that way.

[Fourxxxx]

Here is an ugly one. I think most were smart enough to avoid EURUSD. It looked like it had to sell off soon, so I took the first 10.4. weakness I saw. I call it the twitch . We had lots of 15M to 1HR down momentum. With intent to add the second half at the pivot. as per vanilla 10.4. Posted here. http://www.stevehopwoodforex.com/phpBB3 ... 816#p40816

Entered second half at pivot as intended. Of course it kept going to WMS1. I don't take 3rd entries against me. So set TP to BE which is my earliest exit before SL and went to bed. Nicely flat this morning.

The legit entry at the Pivot is nicely in profit. (I'm not in it any longer.)

They can't all be pretty as a picture.

To me it looks like the next retracement on the EURUSD will be time to place a pending short.

[jmdias]

Guys wht u think about be long on NZDUSD

[Fourxxxx]

Guys wht u think about be long on NZDUSD

It's well under the 240MA so I would be looking to go short.

[mjws00]

We are below 240. So strict 10.4 is short only on NZDUSD. I think we are bouncing off WS1... but that isn't useful to this system. The chart is problematic as it is currently ranging around the 240.

Next valid trade would be the pullback and short below WMS1. Or a long above WP. Neither are very attractive. The short is capped by the longterm upward channel on the pair. The long is capped by the recent lower tops and range it would have to traverse.

[Aus67]

Today results

Well done mate!

[Wiggy1965]

Has anybody noticed the pound on a daily chart, we have gone through previous lows, so the sky (or the inverse of that) is the limit....I'm short currently +170....I have not added to my position....

Wiggy

[mjws00]

The break on GBPUSD certainly caught my eye. Have to go to May 2010 to find support. I'd hold on for dear life if I was short. Don't know how to enter though when we have run so hard for the day. Pull back in London to test something might provide an entry.

Heh. break of S2 was a legit order in 10.4. I gotta watch until I think of an idea. USD and JPY are flying hard here in Asia.

Nice trade BTW.

[linuspoon]

I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?

Linus