10.4 A Complete System

[SWG123]

Well as I was typing all that, the JPY broke through every WP. I am in.

So this time you're ignoring RSI2, which is pinned at the top?

[kwanann]

JPY gets a bit of special treatment

Anyway if i remember correctly breaking thru the WP or DP is a valid trade

[SWG123]

JPY gets a bit of special treatment

Anyway if i remember correctly breaking thru the WP or DP is a valid trade

Ah, thanks kwanann ... makes sense.

[cjthomson]

Well that was an exciting day. 2 wins, 2 losers and my DD went down 10 whole dollars. LOL. Ok bankers back to work. Lets see euro banks off last week. American and British off this week. Almost all off 1st week of May, dang where can I get a job like that?

And I thought I was seeing clearly - stuck 50 odd pendings in yesterday, a lot of those have triggered already. Staring at some draw down right now but if all goes according to plan they should pull themselves right - I hope! Seems to be a few more sitting in a good place right now - AUDCAD, EURAUD, EURCAD, EURGBP, GBPAUD, GBPNZD, NZDUSD - thoughts?

GBPUSD tripped 5 scaled pendings over night with that long tail so I'm sitting with 5 open GBP trades in DD - it had better change its mind and pursue that GBP weakness.

[kwanann]

Well that was an exciting day. 2 wins, 2 losers and my DD went down 10 whole dollars. LOL. Ok bankers back to work. Lets see euro banks off last week. American and British off this week. Almost all off 1st week of May, dang where can I get a job like that?

And I thought I was seeing clearly - stuck 50 odd pendings in yesterday, a lot of those have triggered already. Staring at some draw down right now but if all goes according to plan they should pull themselves right - I hope! Seems to be a few more sitting in a good place right now - AUDCAD, EURAUD, EURCAD, EURGBP, GBPAUD, GBPNZD, NZDUSD - thoughts?

GBPUSD tripped 5 scaled pendings over night with that long tail so I'm sitting with 5 open GBP trades in DD - it had better change its mind and pursue that GBP weakness.

Haha you greedy fella, if you TP at WMS1 you would have been sitting pretty. anyway seriously doubt it will revisit the low point again...

[nanningbob]

Come on people now, smile on your brother, everybody gettogether and let us love one another rightnow .......... right now ..................... right now ............................

Everyone huddle in the mud puddle
Lets circle the wagons.
Last one to zero line is a rotten egg.
Do we dare call this the central axis?

[nanningbob]

Maybe we can call this the ultimate perfect storm for range trading.

[SWG123]

Bob, are you planning on taking these JPY moves all the way to WR1, or will you TP and re-enter for the US session?

[cjthomson]

Haha you greedy fella, if you TP at WMS1 you would have been sitting pretty. anyway seriously doubt it will revisit the low point again...

I guess I'll revise my TP then !!

I don't want anyone to think I'm being greedy.

[nanningbob]

Bob, are you planning on taking these JPY moves all the way to WR1, or will you TP and re-enter for the US session?

I will wait until the middle of the session to decide. Interesting run here. Wasnt expecting it to run yet. Maybe we are not the only ones who see the monthly pattern and some are getting a jump on the action. I did expect it to range. I will have at least one trade going to that point.