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10.4 A Complete System
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Author:  fx800 [ Tue Jun 25, 2013 5:07 pm ]
Post subject:  Re: 10.4 A Complete System
BONZO wrote:
fx8000 wrote:
BONZO wrote:Ok thanks buddy, I appreciate it. This has a few more lines than I saw in 10.4 i am used to seeing the ao histogram with the RSI over top of it. Is the green yellow and red just a visual representation of the ao and what are the MA in the middle? Hope this makes sense.
READ THE PDF IN PAGE ONE. AO indi is no longer used in the new template. Instead, you have the CSS or Currency slope strength in the upper indicator window.

You need to read the PDF first ( 10 4 B Manual.pdf ).
I have read the pdf, I just saw the 10.4/10.5 info page, will read that. Thanks, have a great day!
.

You are right, that gives an updated version of Bob's 10.4 method
Author:  pips400 [ Tue Jun 25, 2013 9:30 pm ]
Post subject:  Re: 10.4 A Complete System
Here's the updated excel CSS Assistant which corrects a previous error in one of the cells, thanks to Gary for spotting that one.
Author:  Zennor [ Tue Jun 25, 2013 10:12 pm ]
Post subject:  Re: 10.4 A Complete System
Pips400.

Just downloaded latest version and had a good look at it.. Very nice piece of work and will definitely come in useful.

Many thanks for your work and sharing, most appreciated.
Author:  bluedog23 [ Wed Jun 26, 2013 4:26 am ]
Post subject:  Re: 10.4 A Complete System
currency slope.png
All of them headed for the same place and maybe the ranging patterns will be ending.
Author:  Ingot54 [ Wed Jun 26, 2013 5:56 am ]
Post subject:  Re: 10.4 A Complete System
bluedog23 wrote:
currency slope.png
All of them headed for the same place and maybe the ranging patterns will be ending.
Hey Bluedog: I notice your chart is FXCM. There are similarities and differences, of course.

Here's the Global Prime pic:
css1.png
Notice the EURJPY crossing above the zero line.

ie short the EURJPY (carefully) :)

Notice too, the JPY was heading down, but has just begun to move up again.
Author:  kwanann [ Wed Jun 26, 2013 6:17 am ]
Post subject:  Re: 10.4 A Complete System
Not looking at CSS here, but based on what i see at the charts

EUR weakness, USD strength, JPY - strengthening a bit

so sell EURJPY is a good bet, but for me i see it at a support point on the M15, so lets see where it goes from here, i'm guessing its going to go up for a while at least
Author:  Pedigree [ Wed Jun 26, 2013 7:50 am ]
Post subject:  Re: 10.4 A Complete System
kwanann wrote:
.......so sell EURJPY is a good bet, but for me i see it at a support point on the M15, so lets see where it goes from here, i'm guessing its going to go up for a while at least
Quite a formidable support! I've been sitting on this EJ sell trade since last week and it's just about 10-15 pips in credit atm. Thinking of taking my small change and bailing out now!!!

The interesting thing though is that the swap column is reading zero for this trade. How can I hold a trade for a week and there's no swap? Can anybody please explain this swap thing to me please.
Author:  kwanann [ Wed Jun 26, 2013 8:20 am ]
Post subject:  Re: 10.4 A Complete System
Woah that must have been quite a DD, 100pips in the other direction!

As for swap its entirely possible to have 0 swap, especially when you play small lots e.g 0.01

then if the swap is say 10c, you will have zero swap.
Author:  Pedigree [ Wed Jun 26, 2013 8:40 am ]
Post subject:  Re: 10.4 A Complete System
kwanann wrote:Woah that must have been quite a DD, 100pips in the other direction!
The DD was over 200 pips at some point but still within my 10% critical level. I also managed to make over 150 pips from other sells off the same pair since that initial trade.
As for swap its entirely possible to have 0 swap, especially when you play small lots e.g 0.01
then if the swap is say 10c, you will have zero swap.
OK, thank you.
Author:  pips400 [ Wed Jun 26, 2013 8:49 am ]
Post subject:  Re: 10.4 A Complete System
Pedigree wrote:
kwanann wrote:Woah that must have been quite a DD, 100pips in the other direction!
The DD was over 200 pips at some point but still within my 10% critical level. I also managed to make over 150 pips from other sells off the same pair since that initial trade.
As for swap its entirely possible to have 0 swap, especially when you play small lots e.g 0.01
then if the swap is say 10c, you will have zero swap.
OK, thank you.
Hi Pedigree, price testing previous support right now, so I would either take profit now, or get ready to close if price starts moving up again, either way I would SL to BE. Re DD, it is not recommended to be more than 1% on any one trade. When talking about 5% or 10% DD that is for the basket of all trades. Money management is key to staying long term. Forgive me if I misundertood, just don't want you to get burned, and want you to succeed.
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