stevehopwoodforex.com • 10.4 A Complete System

Author:

cosmo [ Wed May 15, 2013 5:05 am ]

Post subject:

Re: 10.4 A Complete System

zentauro67 wrote:
Foreverforex wrote:
kwanann wrote:hmm with 10.5 u shld have been in the short for eurusd and gbpusd, and tp at 3 levels by now
How are you short these two pairs? that would be against trend line and there's no RSI setup for it to go short?

gbpusd514.png

eurusd514.png
Not easy to deal with that. A strong change of trend seem be happening, and it painfully begun at the end of last week, with no time to take positions. Friday most of us must have closed trades for the weekend, and now we find this continuation in GBPUSD, EURUSD, AUDUSD, etc with no time to enter with strict rules. It will take some time RSI2 give signals and the only wise choice seem to stay out and wait for the retrace. I fear this will not happen until thursday, so it will be difficult to enter and hold positions for more than 24 hours. This could be a boring week: trades only on thursday until friday London close. If you feel risky you always can enter with no RSI2 signals, but price is too far from 240 now and a strong retrace could hurt you at any time.

I have been using the RSI2 based on the Awesome Oscillator rather than the TMA, try it, you may prefer it too.

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Author:	Pipstubborn [ Wed May 15, 2013 2:28 am ]
Post subject:	Re: 10.4 A Complete System
Staedtler wrote: Pipstubborn wrote: the reason i'm not setting any pendings is because i've been trading on bob's latest 10.5.1 update. the CSS version. css telling me not to set pendings.. and because of that i haven't had any trades and the ones i do have are losers For me, the name/s of the system is kind of confusing but in essence is the same that I just explain you. What the CSS on H4 does is to delay your pending entries, timing you much more precise and therefore have a lower DD. I don't use it due RAM resources and I like to enter pendings earlier but two DAILY LINES away of PA Show me how to post a pic.... I don't know how.

Author:	kwanann [ Wed May 15, 2013 2:30 am ]
Post subject:	Re: 10.4 A Complete System
Pipstubborn wrote: Staedtler wrote: Pipstubborn wrote: the reason i'm not setting any pendings is because i've been trading on bob's latest 10.5.1 update. the CSS version. css telling me not to set pendings.. and because of that i haven't had any trades and the ones i do have are losers For me, the name/s of the system is kind of confusing but in essence is the same that I just explain you. What the CSS on H4 does is to delay your pending entries, timing you much more precise and therefore have a lower DD. I don't use it due RAM resources and I like to enter pendings earlier but two DAILY LINES away of PA Show me how to post a pic.... I don't know how. use the full editor, then there is a section called upload attachment, use that to upload an image. you will have to do a screenshot yourself though

Author:	Pipstubborn [ Wed May 15, 2013 2:40 am ]
Post subject:	Re: 10.4 A Complete System
Thanks, how do I do a screenshot..... I'm a computer dummie but becoming a sucessfull trader thanks to Bob!!

Author:	Staedtler [ Wed May 15, 2013 3:10 am ]
Post subject:	Re: 10.4 A Complete System
now that i switched back to 10.4 1.1 version. i'm see'ing all the trades open up to me again ! it was fun testing 10.5 and 10.5.1 grey .. but 10.4 is the money maker.. i see at least a dozen pending orders ready to be set now. TIME TO GET PAID after 2 weeks of losses

Author:	Pipstubborn [ Wed May 15, 2013 4:07 am ]
Post subject:	Re: 10.4 A Complete System
You got it. Just remember to place your pendings on DAILY Lines on H1

Author:	mobthehop [ Wed May 15, 2013 4:35 am ]
Post subject:	Re: 10.4 A Complete System
pipstuborn, 1. if you try to screenshot of an Empty4 chart: - right click anywhere on chart - in the pop-menu, select "save as picture", then active chart (as is) - IMPORTANT!!! Deselect the box "Post images on MT5....." - The you get the normal save file dialog, choose a directory of your liking and then follow above instructions of kwanann to upload here 2. if you try to take a screenshot of anything else on your computer, it is normally best to use an external program, of which there are many - I am using this one http://www.picpick.org/en/ which is freeware for personal use only.... Cheers / Mop

Author:	garyfritz [ Wed May 15, 2013 5:20 am ]
Post subject:	Re: 10.4 A Complete System
RSI2 of MACD works pretty well too, but RSI2 of AO does seem nice and clean.

Author:	nanningbob [ Wed May 15, 2013 6:29 am ]
Post subject:	Re: 10.4 A Complete System
78% of traders at FF are buying the aud/usd and 72% are buying the nzd/usd. Guess I will short it then. At least 52% are now buying the gbp/jpy. Some are learning. If too many are buying I will need to rethink my position.

Author:	bernard [ Wed May 15, 2013 7:05 am ]
Post subject:	Re: 10.4 A Complete System
mobthehop wrote:pipstuborn, 1. if you try to screenshot of an Empty4 chart: - right click anywhere on chart - in the pop-menu, select "save as picture", then active chart (as is) - IMPORTANT!!! Deselect the box "Post images on MT5....." - The you get the normal save file dialog, choose a directory of your liking and then follow above instructions of kwanann to upload here 2. if you try to take a screenshot of anything else on your computer, it is normally best to use an external program, of which there are many - I am using this one http://www.picpick.org/en/ which is freeware for personal use only.... Cheers / Mop Good advice. Just to compliment it, "right click anywhere on the chart" > except where another object/indicator is. Find a point away from other objects and right click. To put your screenshot on the clipboard, push <Alt><Print Screen>. To work/edit the screenshot, I use the excellent freeware http://www.irfanview.com/main_download_engl.htm You can paste your screenshot from the above in irfanview, crop a section, add text.... HTH Bernard

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