stevehopwoodforex.com • 10.4 A Complete System

Author:

LaHood [ Tue Jun 04, 2013 9:51 am ]

Post subject:

Re: 10.4 A Complete System

Staedtler wrote:you guys are doing amazing ! i blew out a 1300 $ account

wtf is going on here..

Hi Staedler,

i read from another dude who is trading for life one tip he made as experience in his own trading carrier. If you got emotional cause of winnings or loosings stay back from the computer and trading for a while. Get an break for some days/weeks and come freshminded back for another round. I blew out my first account from 3.5k nearly and now its the first time it looks like i could do profit. I blew my account in the past cause i dont close my negative trades with the old known problem, hope. It will come back, wait for it and so on. And on the other side with no clear target when to close the trade when its in profit and to be to greedy. Now its easy, close at TP, and atm i let the trade run and close only if 240 line is hitted. If it happened too often it will be a big DD, but i try to select the good pairs from the bad ones with the info page and the strongth and weakest of the top and down currencys. If that work in the long run i cant say, i will see. But in the past my trades was more worst like atm.

cheers
LH

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Author:	Staedtler [ Tue Jun 04, 2013 9:28 am ]
Post subject:	Re: 10.4 A Complete System
Jemook wrote: Staedtler wrote:well my account is blown.. lost all my money, taking the remaining $100 i have and withdrawing to my bank.. this system doesn't work for me at all.. im done Check out my post here: http://www.stevehopwoodforex.com/phpBB3 ... 058#p64058 It's pretty straightforward and I think you may be overthinking things. doesn't make sense.. Watch on H1 charts. wait for retracement back to WP or WS1 ? while watching the 1h ? you mean, wait for retracement back to DP or DS1 ?

Author:	Staedtler [ Tue Jun 04, 2013 9:37 am ]
Post subject:	Re: 10.4 A Complete System
you guys are doing amazing ! i blew out a 1300 $ account wtf is going on here..

Author:	sponn [ Tue Jun 04, 2013 9:46 am ]
Post subject:	Re: 10.4 A Complete System
How the hell can you blew account. The bad ones for this week were eur/chf, usd/chf and aud/nzd and g/u from the last week. Four pairs, when all others are making money. Something is wrong with your trades mate. Maybe post some of your trades and I believe that you will find a lot of people who are willing to help you...

Author:	Jemook [ Tue Jun 04, 2013 9:50 am ]
Post subject:	Re: 10.4 A Complete System
Staedtler wrote: Jemook wrote: Staedtler wrote:well my account is blown.. lost all my money, taking the remaining $100 i have and withdrawing to my bank.. this system doesn't work for me at all.. im done Check out my post here: http://www.stevehopwoodforex.com/phpBB3 ... 058#p64058 It's pretty straightforward and I think you may be overthinking things. doesn't make sense.. Watch on H1 charts. wait for retracement back to WP or WS1 ? while watching the 1h ? you mean, wait for retracement back to DP or DS1 ? No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.

Author:	IanV [ Tue Jun 04, 2013 10:03 am ]
Post subject:	Re: 10.4 A Complete System
Jem Which RSI do you use on H1 charts? I noticed when you posted once that it looked different. The usual one is a bit wild on H1. Jemook wrote: No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.

Author:	SWG123 [ Tue Jun 04, 2013 10:14 am ]
Post subject:	Re: 10.4 A Complete System
IanV wrote:Jem Which RSI do you use on H1 charts? I noticed when you posted once that it looked different. The usual one is a bit wild on H1. Jemook wrote: No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart. There is one for H4 and another for H1:- 10.4 4H RSI2.mq4 10.5 1H RSI2.mq4

Author:	6y588 [ Tue Jun 04, 2013 10:14 am ]
Post subject:	Re: 10.4 A Complete System
Went out for a few hours, when I came back and checked EurJpy had moved up with my three pending trades closed at TP.

Author:	Jemook [ Tue Jun 04, 2013 10:19 am ]
Post subject:	Re: 10.4 A Complete System
IanV wrote:Jem Which RSI do you use on H1 charts? I noticed when you posted once that it looked different. The usual one is a bit wild on H1. Jemook wrote: No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart. Same one that comes with Bobs system I just show the D1 TMARSI and the W1 TMARSI as well.

Author:	Staedtler [ Tue Jun 04, 2013 10:40 am ]
Post subject:	Re: 10.4 A Complete System
[quote=Jemook] No, I only use weekly pivot and Weekly Support 1 / Weekly Resistance 1 lines on my chart.[/quote][/quote] Same one that comes with Bobs system I just show the D1 TMARSI and the W1 TMARSI as well.[/quote] first.. how do you see weekly pivots on a 1h chart.. second.. LONG PAIRS (Below 240) .. i thought we trade long when price is above 240 ?

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