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10.4 A Complete System
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Author:  kwanann [ Tue May 28, 2013 11:24 am ]
Post subject:  Re: 10.4 A Complete System
cjthomson wrote:
cjthomson wrote:
kwanann wrote: 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.
Its EURNZD I'm concerned with. All the effort to make something of all these trades and one pair runs things back to zero. Have to learn how to limit this damage.
Actually another thing is.. Never enter at a known s/r point. In this case that entry was at the previous daily peak...
Author:  kwanann [ Tue May 28, 2013 11:30 am ]
Post subject:  Re: 10.4 A Complete System
sponn wrote:My aud/chf (however css is turned to green now but it is not css trade but WP line cross so I believe it is still valid).
Oooh so that's why price was stuck there for a while.. Not really 10.x, but I won't be taking any short with audchf at this point.. It's probably on its way up, look at the d1 and notice the rrt there..

*mods, if you feel this is inappropriate, pls feel free to delete this
Author:  endikwong [ Tue May 28, 2013 11:32 am ]
Post subject:  Re: 10.4 A Complete System
sponn wrote:My aud/chf (however css is turned to green now but it is not css trade but WP line cross so I believe it is still valid).
Thanks for this, something to keep in mind. However if it does not cross WP/DP, then I assume to close it ?
Author:  Staedtler [ Tue May 28, 2013 11:46 am ]
Post subject:  Re: 10.4 A Complete System
nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
Author:  cjthomson [ Tue May 28, 2013 11:46 am ]
Post subject:  Re: 10.4 A Complete System
kwanann wrote:
Actually another thing is.. Never enter at a known s/r point. In this case that entry was at the previous daily peak...
Good point, thanks. Where would you suggest is the best entry for this one (EURNZD)? Possibly 10 pips or so past the recent high, or at a point below the high with TP just short of the high?
Author:  cjthomson [ Tue May 28, 2013 11:54 am ]
Post subject:  Re: 10.4 A Complete System
Gertje wrote:
cjthomson wrote:Does anyone have any thoughts on a short for AUDCHF if it breaks south of the Weekly Piv?
Definitely take the WP.

I trade 10.4/V5 agressively, and already put pendings from WP on all the daily lines to DS1 where I plan to TP.
Gertje, do you put entries on the lines themselves or slightly beyond (how far beyond?) and do you add entries on the daily mid levels too or just the main S/R1, S/R2, S/R3 and Piv?

I'm sure you've mentioned this before so apologies for asking again.
Author:  cjthomson [ Tue May 28, 2013 12:06 pm ]
Post subject:  Re: 10.4 A Complete System
Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.
Author:  Staedtler [ Tue May 28, 2013 12:10 pm ]
Post subject:  Re: 10.4 A Complete System
cjthomson wrote:
Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.
here ya go
Author:  Staedtler [ Tue May 28, 2013 12:11 pm ]
Post subject:  Re: 10.4 A Complete System
cjthomson wrote:
Staedtler wrote:nzd and chf are falling below the 0 line in CSS.. the rest are rising.. soon as the fundamentals hit, we'll have a whole different story though lol
Which CSS timeframe are you using - my H4 and D1 aren't showing NZD or CHF about to cross the 0 line. See attached.
my bad, i mean, JPY AND CHF lol.. sorry im trading the nzd and that's all i have on my mind right now lol
Author:  Gertje [ Tue May 28, 2013 12:16 pm ]
Post subject:  Re: 10.4 A Complete System
cjthomson wrote:
Gertje wrote:
cjthomson wrote:Does anyone have any thoughts on a short for AUDCHF if it breaks south of the Weekly Piv?
Definitely take the WP.

I trade 10.4/V5 agressively, and already put pendings from WP on all the daily lines to DS1 where I plan to TP.
Gertje, do you put entries on the lines themselves or slightly beyond (how far beyond?) and do you add entries on the daily mid levels too or just the main S/R1, S/R2, S/R3 and Piv?

I'm sure you've mentioned this before so apologies for asking again.
I just use the lines [wish I could read the values] to put pendings.
See attached.
.
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