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10.4 A Complete System
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Author:  zentauro67 [ Wed May 22, 2013 9:01 pm ]
Post subject:  Re: 10.4 A Complete System
@Zennor, f451, SWG123

Thanks for the info!

(BTW, Asian pairs seem getting some strength at last).
Author:  nanningbob [ Wed May 22, 2013 10:09 pm ]
Post subject:  Re: 10.4 A Complete System
fahedksa wrote:Bob I made excel file according to what I understand when you open and close your orders. Can you please take a look if I correct or not?
Yeah that is good. The times are more flexible though. I can get home from school anywhere from 5-7 for example.
Author:  nanningbob [ Wed May 22, 2013 10:11 pm ]
Post subject:  Re: 10.4 A Complete System
Pipstubborn wrote:
nanningbob wrote:Well that was exciting. ANOTHER 1000 pip day for me. Went from 2% DD to 6% Back to 1% plus pocketed 4% Profit. Dang. Going to bed. Night.
Bob, 759 pips for today. Mon & Tues were not good to me. I feel that the Yen is been manipulated by the gvt. and I have a lot of positions. It has been ranging lately.... it sucks. I noticed that by looking at the flat steady yen line on D1 CSS and pretty much the same on H4 CSS.

Is this correct? I'll apreciate your comments. Thanks
Yen is being normal. They do their bond buying at the beginning of the month so that is when most of your selling will come. The rest of the month it will bounce around.
Author:  nanningbob [ Wed May 22, 2013 10:22 pm ]
Post subject:  Re: 10.4 A Complete System
You guys have to look at your upper level charts and see what is happening now and then. Here is the chf/jpy. Once it took off in April it has been ranging. Buy the dips in the UT. Every time chf/jpy dips I load up. I know where these S/R regions are at. It is why I tell you guys to go see CJ thread. It is why I dont have any indies on my upper level charts. I want to see what Price Action is doing. Here is the daily chf/jpy and what it is doing.
Author:  nanningbob [ Wed May 22, 2013 10:24 pm ]
Post subject:  Re: 10.4 A Complete System
Now here are my buy lines on the Daily chart. Guess what I am expecting to happen?? Prices arent being manipulated, price is just ranging.
Author:  bernard [ Wed May 22, 2013 10:34 pm ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:I labeled the TF below so you understand it better. Even though the AUD has been the weakest long term, since the last week of April. It actually was on the weakest during the last week of April and the last two weeks it was weakest 2 times. The rest of the time the AUD was usually the 2nd or 3rd weakest currency day by day. Forex is not static but flows like a river. Your currency car is going up hills, around curves, slowing for yield signs, people crossing the road. So its day by day movement is up and down. However knowing the AUD is the weakest currency for now means if that 4H chart starts angling back down. It is time to jump back into that DT. It is going to be a nice ride.
Hi Bob,
Correct me if I am wrong. This is how I use the CSS:
1- Locate the weakest currency on D1 - In this example AUD is the weakest.
2- Locate the same currency on H4. If it is diving down, sell the hell out of it.
3- Locate the strongest currency on D1. - In this example USD is the strongest.
4- Locate the same pair on H4. If it is going up, Buy the hell out of it.
5- The pair is AUDUSD. So, sell, sell, sell.
Hypothetically, if the strongest currency (USD) is NOT nose up on H4, find another currency that is.

continue with the same token to pair the strongest with the weakest.

Your valuable comments are always welcome.

best
bernard
Author:  GSForex [ Wed May 22, 2013 10:38 pm ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:Well that was exciting. ANOTHER 1000 pip day for me. Went from 2% DD to 6% Back to 1% plus pocketed 4% Profit. Dang. Going to bed. Night.
Bob,

Care to post your executed trades resulting your 1000 pips?
I am always wondering how that happened as far as which pairs were involved...

Thanks.
Author:  nanningbob [ Wed May 22, 2013 10:40 pm ]
Post subject:  Re: 10.4 A Complete System
Reading my CSS. aud nzd chf jpy are the bottom 4. Chf has had its run down on the 4H chart but the jpy aud nzd are at the stop sign. They cross back down over the 0 line get ready to sell them. I called out yesterday early watch the euro. I ended up with 1700 pips yesterday and got a lot on the euro boom up. I collected them quickly and then it boomed right back down again. Fun day if you were there.

Anyway, look for the jpy nzd aud to break south back across the 0 line signalling the end of the rally in a DT. Look for gbp, chf to break back up, maybe the CAD also, not sure about that one. remember my chf/jpy pic above well CSS is telling me to ride the wave back up again. I will look to buy gbp/aud, gbp/jpy, usd/jpy, maybe sell aud/usd, can that thing go lower CSS is telling me yes if aud breaks below 0 line. I dont know how strong the euro bounce is but either it or usd will be #1. Always remember the market is always makes the account sheets balance. So if aud, jpy, nzd cross over the 0 line and head down that means something also has to go up.

Good luck.
Author:  spotdespot [ Wed May 22, 2013 10:46 pm ]
Post subject:  Re: 10.4 A Complete System
bernard wrote:
nanningbob wrote:I labeled the TF below so you understand it better. Even though the AUD has been the weakest long term, since the last week of April. It actually was on the weakest during the last week of April and the last two weeks it was weakest 2 times. The rest of the time the AUD was usually the 2nd or 3rd weakest currency day by day. Forex is not static but flows like a river. Your currency car is going up hills, around curves, slowing for yield signs, people crossing the road. So its day by day movement is up and down. However knowing the AUD is the weakest currency for now means if that 4H chart starts angling back down. It is time to jump back into that DT. It is going to be a nice ride.
best
bernard
Bernard - check your D1 CSS indi - I believe you have the original template that had a minor error (now some other posts makes sense now that I've remembered) - you have Ignore Future set to FALSE it should be set to TRUE. This makes a big difference and I think you'll find the H4 CSS indi is correct.

Take note anyone else who's D1 CSS does not look very similar to Bob's as posted above.

Cheers,
Dave.
Author:  Zennor [ Wed May 22, 2013 10:47 pm ]
Post subject:  Re: 10.4 A Complete System
Hi Guys, as I'm still learning the nuisances of Bob's system and as such I am using my F12 key to make decisions on what I can see and not what happens.

Now I came across this example and was wondering what the thought process would be of you fellows who clearly have grasped the system and would ask that you would share them to help us lesser mortals.

I have hid as much info as possible to hopefully elicit honest answers as opposed to those seeking the answer from their own charts after seeing the events unfold after this particular incident.

What I noted was that I am looking for a buy given the price is above the 240MA. The base currency (Blue line) has just crossed upwards, is above the Zero line and I have a green bar. The RS1 has just recently come off the bottom. Price is just below the WP line.

What I would like to know is...
1. Would you put a buy order in at the WP
2. Would you put a buy order in at the WMP below the WP line.
3. Would you put a buy order in at the WMP above the WP line.
4. Would you do nothing.
5. Would you do something else?

If this type of question is not welcome here then I would apologize and refrain from such questions in the future.
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