stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481
Page 526 of 745
Author:  Gertje [ Tue Jun 04, 2013 11:16 am ]
Post subject:  Re: 10.4 A Complete System

nanningbob wrote:OK guys. Are you ready for round 2. After aud, nzd quit depreciating this month get ready for the race to the bottom. This time it will be .................... drum roll please ........................

(UK Daily Telegraph): Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, Pimco, the world’s largest bond house, has warned....
“I think a lot of what Mark Carney is going to do — clearly he’s not going to state this upfront — is to try and keep sterling certainly from going up and, probably, he’s going to want to see it go lower,” [Mike] Amey [PIMCO managing director and sterling bond head] said....


Yes folks starting in July we will have two currencies joining in on the monthly lower your currency game. We will be able to make twice the money. That will be two currencies going down the first 2 weeks and going back up the last two weeks. Yes folks, if you know what is happening you can trade the results. Way things are going I can retire by Christmas.
The way things are going we need the Wooden Guilder again.....
Or someone starts trading 'SDR', the new global currency from IMF.
.
Author:  MrLong [ Tue Jun 04, 2013 11:30 am ]
Post subject:  Re: 10.4 A Complete System

nanningbob wrote:OK guys. Are you ready for round 2. After aud, nzd quit depreciating this month get ready for the race to the bottom. This time it will be .................... drum roll please ........................

(UK Daily Telegraph): Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, Pimco, the world’s largest bond house, has warned....
“I think a lot of what Mark Carney is going to do — clearly he’s not going to state this upfront — is to try and keep sterling certainly from going up and, probably, he’s going to want to see it go lower,” [Mike] Amey [PIMCO managing director and sterling bond head] said....


Yes folks starting in July we will have two currencies joining in on the monthly lower your currency game. We will be able to make twice the money. That will be two currencies going down the first 2 weeks and going back up the last two weeks. Yes folks, if you know what is happening you can trade the results. Way things are going I can retire by Christmas.
Mark Carney only has 1 vote when voting to print money, I doubt the other 6 will change their opinion just because he has arrived.
Author:  nanningbob [ Tue Jun 04, 2013 11:53 am ]
Post subject:  Re: 10.4 A Complete System

MrLong wrote:
nanningbob wrote:OK guys. Are you ready for round 2. After aud, nzd quit depreciating this month get ready for the race to the bottom. This time it will be .................... drum roll please ........................

(UK Daily Telegraph): Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, Pimco, the world’s largest bond house, has warned....
“I think a lot of what Mark Carney is going to do — clearly he’s not going to state this upfront — is to try and keep sterling certainly from going up and, probably, he’s going to want to see it go lower,” [Mike] Amey [PIMCO managing director and sterling bond head] said....


Yes folks starting in July we will have two currencies joining in on the monthly lower your currency game. We will be able to make twice the money. That will be two currencies going down the first 2 weeks and going back up the last two weeks. Yes folks, if you know what is happening you can trade the results. Way things are going I can retire by Christmas.
Mark Carney only has 1 vote when voting to print money, I doubt the other 6 will change their opinion just because he has arrived.
Yeah that was the reason he was chosen and put into the position. Last year the CHF (SNB) showed everyone how to play this game. Japan decided to try it too, Now Merry England has decided it is a very good idea. When countries dont want to pay their debts or balance their budgets by raising taxes or cutting spending you are going to get this game. It is funny but the USA raised taxes this year and have another raise going into effect next year plus automatic budget cuts (Sequestrian). Now I dont like the way they did it and it is a disorganized mess but it was neccesary to do something to get things back into economic shape. Our budget deficit is almost half of 4 years ago. If we stay that course and get our budget deficit to be less than our economic growth the USA will be fine in the long run. Still some pain left to go through. However, if all you try to do is depreciate your currency without doing the other two as a well planned economic plan. You are asking for these kind of shenanigans. I mean Britain has been playing this game for centuries, they are the experts and better at it than anyone else in the world. I remember when the pound was 1:6 to the dollar, now its 1:1.5 and will soon become 1:1. Took you guys 250 years but you made it to our level. Welcome to the club.
Author:  Jemook [ Tue Jun 04, 2013 12:12 pm ]
Post subject:  Re: 10.4 A Complete System

fx8000 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.
Jem, your method is brilliant.
It's Bob's method ;) I just tweaked it a tiny little bit for my purposes.

J
Author:  Gertje [ Tue Jun 04, 2013 12:13 pm ]
Post subject:  Re: 10.4 A Complete System

Bob,

Where will the JPY-pairs stop next week in your opinion?
Will last months high be broken?
Author:  liberty55 [ Tue Jun 04, 2013 12:22 pm ]
Post subject:  Re: 10.4 A Complete System

Hi Bob, just a little more information about the rules: you said if the market is above the 240 MA...buy or below 240 Ma... sell. is it OK???

you said this night that you buy the nzd/jpy, cad/jpy, usd/jpy, aud/jpy to buy but all these pairs are BELOW the 240 MA...I suppose to try to find an input to sell????

Have a nice day

P.S. I don't understand how the peoples can blew an account if you respect the MM... this is what I did the last 2 ans ( $0.05 or $0,10 / $1000)...

Jean-Pierre
Author:  nanningbob [ Tue Jun 04, 2013 12:56 pm ]
Post subject:  Re: 10.4 A Complete System

liberty55 wrote:Hi Bob, just a little more information about the rules: you said if the market is above the 240 MA...buy or below 240 Ma... sell. is it OK???

you said this night that you buy the nzd/jpy, cad/jpy, usd/jpy, aud/jpy to buy but all these pairs are BELOW the 240 MA...I suppose to try to find an input to sell????

Have a nice day

P.S. I don't understand how the peoples can blew an account if you respect the MM... this is what I did the last 2 ans ( $0.05 or $0,10 / $1000)...

Jean-Pierre
I trade my indicators unless Macro-fundmentals dictate otherwise. It makes no difference what your indies say about the xxx/jpy crosses or what side of the 240 jpy is on or even what you think the fox is doing. JPY is going into a 10 day to 2 week deliberate weakness done by govt. decree. This has been discussed many times since last December. Just look at your monthly charts. You will see higher highs and lower lows every month. It started today and you will see JPY weaken over the next week or two, then the last two weeks it will retrace and go to a lower high. However, due to aud, nzd weakness they may not go to a new high but they will go up some. I have already pocketed 531 pips today on the xxx.jpy crosses. Much more to come.
Author:  nanningbob [ Tue Jun 04, 2013 1:01 pm ]
Post subject:  Re: 10.4 A Complete System

You can lead a horse to water but you cant make them drink.


P.S. I don't understand how the peoples can blew an account if you respect the MM... this is what I did the last 2 ans ( $0.05 or $0,10 / $1000)...

If you trade five cents per thousand dollars of account you would have to lose 20,000 pips to blow your account. I cant even imagine a blind person just guessing trades would be able to do that in a month or two. There is nothing I can do for people who write their own rules. Most of the AUD have been under/over the 240 line for 6 or 7 weeks now. The daily CSS has shown it is the weakest or 2nd weakest currency since the 2nd week of April. I have made over 2900 pips on AUD pairs just shorting it and i wasnt even focused on them except for the aud/jpy which I did a bunch of aud/jpy buys for obvious reasons. These pages have been screaming sell JPY pairs over and over again. I have made almost 9000 pips on them alone. What else can a person do to help someone trade successfully. Buy above the 240 sell below the 240 Wait for the RSI2 to pin itself to the top or bottom. It cant get any easier than that.

I have taught my system and have made plenty of suggestions. Listen to the experienced traders explain it out. Jermook has made a great contribution along with many others and I have added something to his idea. One or two more days of testing and i will post the simplest version of trading 10.4 yet. I decided to develop a simple version just in case our CSS indi gets kicked out by the stupid MetaQuotes company.

I leave for the USA in less than 3 weeks. My trip to London is in jepordy with a visa issue here in China. I will try to solve it tomorrow or other wise I will have to cancel that part of my trip. I will have a 10.4 version ready if the CSS, our version of RSI2 and our version of pivots gets banned by MetaQuotes. I already have a replacement set up. It will work but you wont get that info page like we do now. So it is ready in case the worst case scenario happens.
Author:  fx800 [ Tue Jun 04, 2013 1:02 pm ]
Post subject:  Re: 10.4 A Complete System

Jemook wrote:
fx8000 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.
Jem, your method is brilliant.
It's Bob's method ;) I just tweaked it a tiny little bit for my purposes.

J
Sorry Bob, that is what I meant to say.
Author:  nanningbob [ Tue Jun 04, 2013 2:00 pm ]
Post subject:  Re: 10.4 A Complete System

Gertje wrote:Bob,

Where will the JPY-pairs stop next week in your opinion?
Will last months high be broken?
I posted that info on Sunday.
All times are UTC Page 526 of 745