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10.4 A Complete System
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Author:  Pipstubborn [ Thu May 23, 2013 3:27 am ]
Post subject:  Re: 10.4 A Complete System
lionsden wrote:I believe it is Support Resistance Failure....its when price fails to reach the next S/R and turns around. There are examples in the 10.x documentation......
Yes, I believe is on 10.2 or 10.2a Not sure

Found it on 10.2 but for some dumb reason I can't attach it
Author:  Aus67 [ Thu May 23, 2013 3:29 am ]
Post subject:  Re: 10.4 A Complete System
tibochina wrote:
spotdespot wrote:Looks good to me Bernard.

Cheers,
Dave
I notice my info page doesn't have the dashed zero line on it. Do I need another version?

No just bring up the indicator list dialogue box (Ctrl+i)
double click on the CSS and then select the 'levels' tab, then simply add a '0' level, then OK out.
select the other CSS and do the same, ok all the way back to the chart

should appear on your indi now
Author:  Aus67 [ Thu May 23, 2013 3:36 am ]
Post subject:  Re: 10.4 A Complete System
Hi Traders
Bob mentioned the importance of the CSS curves and the associated time it takes to change the momentum...eg the Euro strenghtening.

Just to share, attached is the Euro CSS with 4H, Daily, and weekly CSS

As can be seen even the weekly euro train (bottom line) is now rounding north..this should give an indication of the momentum behind it.

kinda makes trading Euro and its crosses criminal to trade!! :lol:

my two cents
Daryl
Euro CSS.JPG
Author:  tibochina [ Thu May 23, 2013 4:14 am ]
Post subject:  Re: 10.4 A Complete System
Thanks, Aus. A quick fix. Your breakdown of the EUR makes a lot of sense.
Author:  Chris [ Thu May 23, 2013 4:58 am ]
Post subject:  Re: 10.4 A Complete System
Bob I have not been able to keep up lately between trading and home life. What are you thoughts on they YEN has anything changed fundamentally or we just waiting for the next round of depreciation to kick in? On my charts on the ccs the Yen is at the top currently. Hope all is well.
Author:  nanningbob [ Thu May 23, 2013 6:28 am ]
Post subject:  Re: 10.4 A Complete System
JGB Futures Halted (Again) For Biggest 2-Day Plunge Since Lehman; 5Y Yields Hit 13 Month Highs

Crash go the markets so ............... invest in the JPY. :) Ok as we know bond buying is during the 1st week of the month so wait for this huge correction settles and wait for the next move up. The govt. is just now getting some good figures for the economy. They dont want a strong YEN killing it. So lots of rhetoric from both sides. until then. Chris to answer your question. the action on the YEN is the first two weeks after that its a retrace. The last two days have seen some real fireworks.
Author:  forexdj [ Thu May 23, 2013 6:35 am ]
Post subject:  Re: 10.4 A Complete System
Hi everyone. I have reduced the maxbars from 200 to 80 in the RSI, CSS and WP and DP indicators because I wanted to ease the load for my computer. Physically, I can't see any difference in the appearance of my charts as show below.
My worry is, would this affect the working of these indicators in such a way that they give me wrong information?
Have a wonderful trading day!
Author:  nanningbob [ Thu May 23, 2013 6:43 am ]
Post subject:  Re: 10.4 A Complete System
Chris wrote:Bob I have not been able to keep up lately between trading and home life. What are you thoughts on they YEN has anything changed fundamentally or we just waiting for the next round of depreciation to kick in? On my charts on the ccs the Yen is at the top currently. Hope all is well.
I was out of all JPY trades except chf and cad. Both of those dropped bombs today so we give back some profit for the month. You have a week to 10 days before the next round of JPY bond sell. Mr K. speaks later at the next JPY session so I am sure the whole world will want to hear what he has to say after this big monster move today. Why people would go out and put their money into the YEN after a big crash is beyond me but that is what happen to the USD in 2008. I understood that one because the USA has almost 3 times more gold than anyone else and has the world's biggest economy and more assets than anyone else but Japan doesnt have all that going for it. I am just going to take it as a news story swing and you experienced traders may know whenever the JPYdoes a big swing it recovers about half the move very quickly within a day most of the time and usually within 2. But this news is different than those others. Either way I am not hurting. I can get out of the couple of trades I have with some pain but doesnt endanger my overall profit for the month.
Author:  nanningbob [ Thu May 23, 2013 6:58 am ]
Post subject:  Re: 10.4 A Complete System
forexdj wrote:Hi everyone. I have reduced the maxbars from 200 to 80 in the RSI, CSS and WP and DP indicators because I wanted to ease the load for my computer. Physically, I can't see any difference in the appearance of my charts as show below.
My worry is, would this affect the working of these indicators in such a way that they give me wrong information?
Have a wonderful trading day!
NO. CSS is calculated bar by bar. Pivots are calculated from the previous week High/LOW The only possibility is the 240 MA for it calculates the last 240 bars however it is LWMA meaning linear weighted or the last group of bars are the most important in the calculations not the old bars 200 pips away so I dont see it affecting that also. If it did there is not much difference between the 200 and the 240.

What I mean by bar by bar once price goes to the nest bar it is locked in and the line will not continue to move.
Author:  forexdj [ Thu May 23, 2013 7:28 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:
forexdj wrote:Hi everyone. I have reduced the maxbars from 200 to 80 in the RSI, CSS and WP and DP indicators because I wanted to ease the load for my computer. Physically, I can't see any difference in the appearance of my charts as show below.
My worry is, would this affect the working of these indicators in such a way that they give me wrong information?
Have a wonderful trading day!
NO. CSS is calculated bar by bar. Pivots are calculated from the previous week High/LOW The only possibility is the 240 MA for it calculates the last 240 bars however it is LWMA meaning linear weighted or the last group of bars are the most important in the calculations not the old bars 200 pips away so I dont see it affecting that also. If it did there is not much difference between the 200 and the 240.

What I mean by bar by bar once price goes to the nest bar it is locked in and the line will not continue to move.
Thanks for the explanation Bob! I got it.
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