10.4 A Complete System

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nicoacademia
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Re: 10.4 A Complete System

Post by nicoacademia »

SWG123 wrote:
nicoacademia wrote: safer i guess is top 2 vs bottom 2.
That's what I've been doing - certainly paid off this week. :D
oh yea. + yen. :)
i think we have to wait for the payoff for the yen next week.
somethings definitely been cooking. this week.
weakness? :twisted:
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Gertje
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Re: 10.4 A Complete System

Post by Gertje »

genaja wrote:
Gertje wrote: I use Bob's 104V5 template from page 197/198 [see post 1] where I changed the colours to the original colours from 10.4 template. I'll attach a copy later, because that's on my trading VPS.
Hi Gertie,

can´t find the 10.4 V5 Template. You use at your template the indicator 10.4 WP 03.13 and 10.4 WMP 03.13

I try to use search function and read a lot of postings, but cant find the indies. Please post it again.

Thanks a lot!
genaja
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bernard
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Re: 10.4 A Complete System

Post by bernard »

kwanann wrote:
bernard wrote:
kwanann wrote:hmm abit confused here. Are we supposed to look at CSS and RSI based on 4hr or 1hr?

i know pendings are set at 1H, but readings?
So far this is what I know (Somebody correct me if I am wrong):
With 10.5 template Read H1 and Place the pendings on H1
With 10.4 template Read H4 and place the pendings on H1

--------------
In practice, I use 10.5 only. I read it on H4 and place my trades on H1 and so far It has worked good for me. Moreover, I am too dumb/lazy/busy to babysit my trades one by one, put the SL, TP and move to BE....

I treat my trades as a basket. If I see a handful of greenbacks in there, I take it and run.

Bernard

Bernard,

So do you take signals from H4 or H1?

You said you use 10.5, which is supposed to be taking signals from H1(?), but from what pipstubborn and you are saying, it seems to be taking H4 RSI and CSS signals and placing pendings on H1?
Yes, I use 10.5 template and take H4 signals. This is how it has worked for me so far, nicely.
HTH
Bernard
1- Give me 10 pips a day and I build an Empire. 2- Have never seen any individual to get rich throu Forex. 3- Conclusion?
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kwanann
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Re: 10.4 A Complete System

Post by kwanann »

Ahh ok, thanks!
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
totty23
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Re: 10.4 A Complete System

Post by totty23 »

thanks for all your posts. does anyone experience problems with v.501 from page 374. my system presents blue circle every time i ask for a new chart? appreciate any input
Pipstubborn
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Re: 10.4 A Complete System

Post by Pipstubborn »

kwanann wrote:hmm abit confused here. Are we supposed to look at CSS and RSI based on 4hr or 1hr?

i know pendings are set at 1H, but readings?
Reads are based on H4
cjthomson
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Re: 10.4 A Complete System

Post by cjthomson »

nicoacademia wrote:
cjthomson wrote:
Staedtler wrote:well i had a million dollar week this week
Yep - AUDNZD also killed me. take the losses I had there away and it was pretty good for me. I had three AUDNZD entries, all triggered, the first hit target but the other two lost taking all the gains from position 1 and some more.
was thinking from the daily CSS perspective. it would be probability based more beneficial to look for trades on the top3 vs bottom3?

there needs to be strong strength versus weak weakness.

i remember this week has been CAD GBP USD/EUR in the top 4...

thinking from a probability basis.

safer i guess is top 2 vs bottom 2.

daily css from start of this week.
130517 css.png
What are your settings for the CSS - mine has never shown any of the 'current' lines to be bottom of the pile and pointing outwards, only after the fact with the repaint does it indicate it 'was' pointing outwards. Even with the last 3 weeks being so strongly bearish it has been showing to be pointing back to the group which always makes me think that its going to turn as its losing downward strength.

Am I using/reading this incorrectly?
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Pipstubborn
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Re: 10.4 A Complete System

Post by Pipstubborn »

cmeade2 wrote:Right I have a pending on that but it's about 30 pips away.
Pipstubborn wrote:Great British Pound/Canadian Dollar pair
Yes, and it can be 40-50 pips away. What you are really doing is chasing from the back of PA in the retrace and catching it back into the trend with multiple entries. If you are too close you risk to get caught in a whipsaw.

With this system we don't need to catch tops and bottoms.... with multiple entries you can make pips sometimes more than double of the whole move from Hi to Low
ShirtonFx
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Re: 10.4 A Complete System

Post by ShirtonFx »

cjthomson wrote:
nicoacademia wrote:
cjthomson wrote:
Staedtler wrote:well i had a million dollar week this week
Yep - AUDNZD also killed me. take the losses I had there away and it was pretty good for me. I had three AUDNZD entries, all triggered, the first hit target but the other two lost taking all the gains from position 1 and some more.
was thinking from the daily CSS perspective. it would be probability based more beneficial to look for trades on the top3 vs bottom3?

there needs to be strong strength versus weak weakness.

i remember this week has been CAD GBP USD/EUR in the top 4...

thinking from a probability basis.

safer i guess is top 2 vs bottom 2.

daily css from start of this week.
130517 css.png
What are your settings for the CSS - mine has never shown any of the 'current' lines to be bottom of the pile and pointing outwards, only after the fact with the repaint does it indicate it 'was' pointing outwards. Even with the last 3 weeks being so strongly bearish it has been showing to be pointing back to the group which always makes me think that its going to turn as its losing downward strength.

Am I using/reading this incorrectly?
I think the only difference is that one of you is using the "Ignore Future=False" setting and the other is using the "Ignore Future=True" setting
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nicoacademia
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Re: 10.4 A Complete System

Post by nicoacademia »

cjthomson wrote:
nicoacademia wrote:
cjthomson wrote:
Staedtler wrote:well i had a million dollar week this week
Yep - AUDNZD also killed me. take the losses I had there away and it was pretty good for me. I had three AUDNZD entries, all triggered, the first hit target but the other two lost taking all the gains from position 1 and some more.
was thinking from the daily CSS perspective. it would be probability based more beneficial to look for trades on the top3 vs bottom3?

there needs to be strong strength versus weak weakness.

i remember this week has been CAD GBP USD/EUR in the top 4...

thinking from a probability basis.

safer i guess is top 2 vs bottom 2.

daily css from start of this week.
130517 css.png
What are your settings for the CSS - mine has never shown any of the 'current' lines to be bottom of the pile and pointing outwards, only after the fact with the repaint does it indicate it 'was' pointing outwards. Even with the last 3 weeks being so strongly bearish it has been showing to be pointing back to the group which always makes me think that its going to turn as its losing downward strength.

Am I using/reading this incorrectly?
my CSS is using the D1 timeframe.
weakness? :twisted:
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