10.6 Tunnel

tienhafx · Post by **tienhafx** » Sat Jul 18, 2015 3:52 am

Thanks steve for his great forum and other member's contribution. Especially Thanks Bob, CJ, Bold trader, I have learned alots from you. Now It is the time to give back.
Firstly please read the topic: http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3259
I like 10.6 so much and I try to find the way to improved it. The best way I find here to use 10.6 with higher successfull is combined with tunnel.
The "tunnel" included "Vegas tunnel" with EMA 144 and EMA 169, and "raghee wave" EMA 34.
I included the EMA 12 also (all setting to EMA is price closed, beleive me, some simply setup added but it worth million usd).
10.6 better only trade with h4 but after I combined it can be use at all TF.
I no longer use ma60, but still remain 240 (if you think not need you can do not use it).
The heiken ashi can be choose to use in some case (but you dont like so you will not use it, it ok)
It is easier to find the trend start and easier follow trend with raghee wave cross Vegas wave with 1-2-3 set up.
Follow the trend, I got trap when stoch h4 cross 30 and cross daily pivot (I trapped alots in history) and now I use EMA 12 to fitler it. The pending order like Bob said is good but some time it is trap and we wait to price bound to EMA 12 to be safer.
It make you easier to see when price bound from tunnel Or wave.
When Price above>ma12> raghee wave> Vegas wave (raghee wave 30-45 angle good) combined with 1-2-3 set up (like H Higher Higher low...) we can take the trend start and follow Trend by the Bob rule. Filter by EMA 12 it make you safter. Reversal for down trend.
You can use the oscillator to confirm the entry as well.
The Original idea is combine the tunnel with the Elliot wave and Harmonic to this system. I do not know it, but if you clear about it, use it.
I hope we can discuss more this system to improved it.
Enjoy.

tienhafx · Post by **tienhafx** » Sat Jul 18, 2015 4:27 am

Have some strategy with this system. Because I am not good about write down some things by other leangues so I will use the picture for clearly my ideas. The picture will note and it worthy more than thousand word.
BO: (breakout trade): When the EMA 34 cross Vegas tunnel set up.
FG: (Fill the gap: Price run from EMA 34 to Vegas tunnel) set up.(price< EMA 12< wave but wave > vegas tunnel to short and reversal to long).
PW or BW: Price to wave Or Back to Wave : Price now far the EMA 34 and want to reach the EMA 34 again.
I mainly focus on BO trade and after that Follow Trend by Bob rule with EMA 12 fitler because It is make low rate risk. These other have more confuse and higher risk rate.
I decription in the picture below.

tienhafx · Post by **tienhafx** » Sat Jul 18, 2015 4:47 am

About the sl: You can choose the last swing low or last swing high +few pip or use the futherst EMA34 to ride the trend. See the EMA 34 wave to see the smooth of trend and price action to decided.
Trailing your sl by swing low, see EMA 12 or EMA 34.
You can use the Heiken ashi as well, when the candle change the colour, consider to add order or closed order combined with TL will be your gun.

tienhafx · Post by **tienhafx** » Sat Jul 18, 2015 5:03 am

use EMA 12 to fitler will avoid the trap by pending order at daily Pivot (Market maker very like do this).

Post by **nanningbob** » Mon Jul 20, 2015 5:25 am