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| 10.4 A Complete System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481 |
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| Author: | jjasper7 [ Thu May 30, 2013 2:59 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Bob, though your title says 'complete', I cannot find yhe download to use for the ea. where is ea you ae are usng |
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| Author: | nanningbob [ Thu May 30, 2013 3:05 pm ] |
| Post subject: | Re: 10.4 A Complete System |
I almost never use EAs anymore just on rare occasions. I provide them for people who use them. We use pending scripts for this system. Everything I use is found on page 1 post 1 |
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| Author: | nanningbob [ Thu May 30, 2013 3:12 pm ] |
| Post subject: | Re: 10.4 A Complete System |
The info page compares all the pairs at one time and condenses them down to one line. It is letting you know what the Euro is doing compared to all the other major currency pairs. You know if the euro is stronger against some and weaker against others. Each individual page or chart is comparing each pair with each other. So you know how they compare when looking at each individual chart. This lets you know how the pair are doing compared against each other. It gives an idea of when to try to enter that individual trade. So you may see that overall eur is stronger than overall gbp but you still need the individual comparison of each against each other on one chart to get the best entrance point. It is an advantage very very few traders get to see when trading. It makes this system have its overall edge against everyone else. The only thing it cant do is predict the surprise moves just gives you an overall advantage. |
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| Author: | nanningbob [ Thu May 30, 2013 3:33 pm ] |
| Post subject: | Re: 10.4 A Complete System |
For the first time I dont see any real fundamental weakness in the system. It just cant predict the news or spikes that happen in the market. I am sure some unforseen market move will happen. As long as I stay with my SL around that 240 line I wont have to worry about deep account damage. It however gives you the best chance to guess the right direction the majority of the time. I am consistantly hitting in the 80% win ratio which I have done before but my winning average profit is bigger than my average loss which is almost unheard of in trading along with high win rate. I mean my goal is to do better than 10% a month but I am sitting here doing 25-60% a month 3 months in a row. I mean that is retirement territory in 2 or 3 years time and never need to trade or work again. The rate I am going I can pay cash for a really nice house and new car next year and after that I only need traveling money. Debt free now so I dont have bills to pay off. I really got to stop thinking about it and just let it ride every month and see what happens. The real final joy for me is the number of people who email or PM me saying they made a donation to my charity. Allowing kids a chance for a future by paying for part or all of their education because of my success and the success of others well, that is very satisfying to me and much better than trying to hawk the system for 499.00 bucks or something stupid. Believe me I will take a trip to NZ and AUSTRALIA next summer if this keeps up like this. I am going to London in about a month. I have the funds in the bank for the trip now just waiting for the visa thing to finish up and then buy my tickets. It is a great ride and it never would have happened without all the contributions of Steve and the gang here and those who came over from FF. Believe me I can t believe how lucky I am meeting such a great group of unselfish traders who share and willing to give. |
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| Author: | nanningbob [ Thu May 30, 2013 3:36 pm ] |
| Post subject: | Re: 10.4 A Complete System |
11,536.4 total pips so far this month my best year was just over 19,000 pips. Dang thats 2880 a week. Before 10.4 I only had 5 or 6 1000 pip weeks in 6 years of trading. Now it is a weekly thing. I need a new standard. |
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| Author: | SWG123 [ Thu May 30, 2013 3:44 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Bob, that's a double dang! |
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| Author: | Jemook [ Thu May 30, 2013 3:44 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Bob, what year did you post up your first trading strategy? I always say I learned more from you than anyone else in my years trading. |
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| Author: | fahedksa [ Thu May 30, 2013 3:52 pm ] |
| Post subject: | Re: 10.4 A Complete System |
Hi Bob, My weekly wining trades total +100 pips ,I had many wining trades but another bad trades move all my profits. Still have issues like: 1-Can I trade any pair in any session in any time during day just if meets 10.4 rules or I have to choose pairs relates to open session Ex. AUD,NZD in Tokyo session? 2-CSS info page great ,But if H4 CSS not same direction of 1D CSS ,What we have to do? Ex.Today USD,EUR,JPY top in 1D CSS and in 4HCSS EUR,CHF,GBP (USD in bottom) Any hints |
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| Author: | websie [ Thu May 30, 2013 4:05 pm ] |
| Post subject: | Re: 10.4 A Complete System |
I just wanted to pop in and say a huge thank you to Bob and the countless others on this thread who provide such insights into this trading lark. Finally this week I have begun to make more comfortable trades and go some way to recouping the losses. Love the simplified 10.5 template |
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| Author: | garyfritz [ Thu May 30, 2013 4:09 pm ] |
| Post subject: | Re: 10.4 A Complete System |
That makes perfect sense. I just don't understand why you'd want DIFFERENT indications on the two pages. If EUR is stronger than GBP on the Info page, but EUR is weaker than GBP on the EURGBP chart, which one do you believe? The Info page shows an at-a-glance status for all 8 currencies. The individual pair chart shows the status for 2 currencies, alongside the pair. That's very useful, but I would think the data would be the same on both charts. If they're different on purpose, then how do you interpret them when they're different? What are the different values supposed to tell me? |
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