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| 10.4 A Complete System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481 |
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| Author: | nanningbob [ Mon Nov 11, 2013 12:27 am ] |
| Post subject: | Re: 10.4 A Complete System |
Just to let you guys know I may or may not be able to be on line. The big Typhoon is hitting this part of Asia and according to the maps the eye will die right here on the outskirts Nanning. We have had 14 hours straight of heavy rain (inch or more an hour) and cell phone service is now spotty. I will check in from time to time so see how it goes. Anyway, the winds wont be strong here but we will have heavy rain and flooding over the next 2-4 days will be the issue. So good luck trading and glad to hear the good reports of others making some money. |
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| Author: | SpiderX [ Mon Nov 11, 2013 2:39 am ] |
| Post subject: | Re: 10.4 A Complete System |
Be safe Bob ! Cheers |
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| Author: | orid [ Mon Nov 11, 2013 4:09 am ] |
| Post subject: | Re: 10.4 A Complete System |
would some one mind checking this for me please I have 2 green bars, price is above the 240 but not below the 60 on the 1 hr . do i need to change some setting please? or do i have the instructions wrong? Regards Peter Keep safe bob |
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| Author: | nanningbob [ Mon Nov 11, 2013 6:19 am ] |
| Post subject: | Re: 10.4 A Complete System |
This is a beautiful 10.6 buy setup. Go to the 1H chart and look to place your pending buy around the 15MA, DP, xxx.00, or xxx.050 line. The 2nd green bar is telling you that a setup is showing on the 1H bar. The first bar lets you know if you are UT, DT, or range area. So you have two confirmation setups for a buy. |
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| Author: | nanningbob [ Mon Nov 11, 2013 6:24 am ] |
| Post subject: | Re: 10.4 A Complete System |
The Typhoon took a turn to the north and is already in China. It was suppose to arrive tomorrow to my area but now is coming tonight. It is no longer a Typhoon/hurricane but wind and rain will be much more in abundance. This area of the country floods easily and this will certainly be one of the bigger storms to ever hit this area. I live on the 8th floor so am in no danger but am enjoying now 30 straight hours of downpour. That is about 1 or more inches of rain per hour. By the time the left over eye/center of the storm arrives we will have had 36 hours of downpour. |
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| Author: | orid [ Mon Nov 11, 2013 7:03 am ] |
| Post subject: | Re: 10.4 A Complete System |
Hi bob, that chart is already the 1 hr chart. isnt the price supposed to be under the 60 ma for that second bar ( 1hour bar ) to show red ? Regards Peter |
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| Author: | nanningbob [ Mon Nov 11, 2013 7:16 am ] |
| Post subject: | Re: 10.4 A Complete System |
No not nessecarily the key to the 1H signal is the 15. The 60 will miss too many trades where the trend is real strong. The 10.6 trade was designed for trades that couldnt be gotten (egads butchered the King's English) on the 4H chart. |
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| Author: | nanningbob [ Mon Nov 11, 2013 7:36 am ] |
| Post subject: | Re: 10.4 A Complete System |
Notice also the 1H STO7 will also give signals. So if you are on 4H chart and you get the double green, you then go to 1H chart and you will get a STO 7 signal also when it breaks the 80 line. The STO 7 works on every TF you have your chart on. The 4H bar and 1H bar are represented no matter what TF you are on. |
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| Author: | alex_forex [ Mon Nov 11, 2013 8:39 am ] |
| Post subject: | Re: 10.4 A Complete System |
Stay Safe Bob. Please keep us informed. Alex |
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| Author: | orid [ Mon Nov 11, 2013 10:18 am ] |
| Post subject: | Re: 10.4 A Complete System |
thnankyou for that explanation bob , Hope you got some wellies |
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