Nanningbob 60x90 EA | Page 98 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NanningBob's 4H Sellhigh BUYLOW 158 replies

Help regarding NanningBob EA 27 replies

Nanningbob 4H trading system 2,017 replies

Indicator needed for Nanningbob strategy 2 replies

Help to improve profitable EA - 1H NanningBob 40MA 200 BB 10 replies

Attachments: Nanningbob 60x90 EA
Exit Attachments

Nanningbob 60x90 EA

  • #1,941
  • May 3, 2009 5:54pm May 3, 2009 5:54pm
Quoting nanningbob
I started at .01 and went maybe 30 bucks at the deepest and then went .02 and went about 120 at the deepest. So on 400 + that was about as far as I want to push it. I have changed my strategy some on the volatile pairs and wait until they are 2 levels deep before I turn on the EA and my DD went way down even on .02...
Bob,
Not too worried about DD; it's the margin that get's used up with all those pairs. Right now I have 12 pairs that have kicked in .02 lot trades this evening and my margin level is down to 36179%. If all those trades would go to a level 2, I'd have a problem wouldn't I? I did turn off the EA on GBP/NZD,GBP/CHF,and EUR/NZD until they reach the second level green line. You traded all those pairs .02 lots with only $400?
  • #1,942
  • May 3, 2009 6:26pm May 3, 2009 6:26pm
Do you have 400/1 leverage on the demo?
  • #1,943
  • May 3, 2009 7:10pm May 3, 2009 7:10pm
Quoting piptalk
Do you have 400/1 leverage on the demo?
Piptalk,
Yes I'm using 400:1 leverage.
  • #1,944
  • May 3, 2009 8:47pm May 3, 2009 8:47pm
Ok, I've got 15 pairs that have made .02 lot trades now with margin level at 28900% so I've turned EA off for everything that hasn't traded yet.I think I might try the rest of the week with no more than 15 pairs trading. If I close a trade for some profit maybe I'll let another pair open.
  • #1,945
  • May 3, 2009 10:45pm May 3, 2009 10:45pm
Quoting El Salon
Hi All

Try the AUD/NZD with the 60 x 90 EA on the 1H chart and put the Bobs old AUD/NZD EA settings into the set up, something like this ( TP 35, Pips 25, multiply 2.5, Max trades 8, Stoploss 280)

Just keeps cranking out the pips. Ka-ching

James
or alternatively u could do a 45x90 on the audnzd and never really worry about your SL being hit
Grabbing the bull by the horns!
  • #1,946
  • May 4, 2009 3:53am May 4, 2009 3:53am
Toothman, do you understand what 36179% means? That means you still have 36,000 times your margin to use yet. That is a lot. It means you are using very very little of your margin.
  • #1,947
  • May 4, 2009 6:02am May 4, 2009 6:02am
Quoting nanningbob
Toothman, do you understand what 36179% means? That means you still have 36,000 times your margin to use yet. That is a lot. It means you are using very very little of your margin.
I know, I know, I'm a worry wart. I got your email and will read this week. Wow, no wonder you didn't post much there for awhile. You were writing a book.
  • #1,948
  • May 4, 2009 1:13pm May 4, 2009 1:13pm
Anyone here using 180X200 with FxPro? It doesn't want to work
  • #1,949
  • May 4, 2009 9:56pm May 4, 2009 9:56pm
Quoting Toothman
I know, I know, I'm a worry wart. I got your email and will read this week. Wow, no wonder you didn't post much there for awhile. You were writing a book.
he certainly was, has been an interesting read so far, bit hard to read at work atm, will finish it tonight
Grabbing the bull by the horns!
  • #1,950
  • May 5, 2009 9:52pm May 5, 2009 9:52pm
Hi Nanningbob,,,,,,,,,Taking a nice profit off the table after the jpy session today,,Thanks!!,,,,,But I was wondering,,,When I close a position for a profit ,,,Lets say a short eur/usd the ea within seconds is taking on a new similar position!!,,,,,,It did the same thing last week,,,But forgot to tell you about it!!! Take care,,,,,,,,,,,,,,
  • #1,951
  • May 5, 2009 9:59pm May 5, 2009 9:59pm
Hey Zero,,,,Hows it going???
  • #1,952
  • May 5, 2009 10:02pm May 5, 2009 10:02pm
Hi PipTalk
Thanks for checking Back
I would say not soo good.. 1 big loss with few profitable trades. I m jsut using with default but not sure which level im using at.

Thas y i need helping twicking with the best results if possible so i can use on live account.

can u help me fixing that.

Thanks

Harry Singh

yahoo/aim Messenger: zero2vm
{Promotion Removed}
  • #1,953
  • May 5, 2009 10:13pm May 5, 2009 10:13pm
Did you get stopped out?,,,You shouldnt have,,,What I have been doing is turning on the ea just before the jpy open on sunday,,,The ea will start building positions,,,You have to let them ride until they turn around,,,I had losses until the market rolled over today after a the Asian session,,,I took out all the profits and I am now still sitting on about 7 neg positions,,,I am going start letting them go in th next few days,,,Patience is the key with this ea,,,Hopefully that helps,,,Good luck!!
  • #1,954
  • Edited 3:30am May 6, 2009 1:28am | Edited 3:30am
Quoting piptalk
Did you get stopped out?,,,You shouldnt have,,,What I have been doing is turning on the ea just before the jpy open on sunday,,,The ea will start building positions,,,You have to let them ride until they turn around,,,I had losses until the market rolled over today after a the Asian session,,,I took out all the profits and I am now still sitting on about 7 neg positions,,,I am going start letting them go in th next few days,,,Patience is the key with this ea,,,Hopefully that helps,,,Good luck!!
what if all of the 7 position goes deeper ? Good Luck !
  • #1,955
  • May 6, 2009 9:43am May 6, 2009 9:43am
What if,,,,,,,,,,,,,,,Now isnt that the million dollar question?
  • #1,956
  • May 7, 2009 3:27am May 7, 2009 3:27am
Hi every1,

On 180x200, do you guys trade during big news releases?
  • #1,957
  • May 7, 2009 3:36am May 7, 2009 3:36am
Just thought I'd say hi. Early days, demo running here. Updated every 5minutes 24/6.

I think I've read the chart the EA is on is not important because the EA is hard coded. I'm using the 4H 50ma 180x200 on a 4H chart. Any comments please? All welcome. And yes, I will carry on reading before anyone says it.
Do not focus on making money; focus on protecting what you have.
  • #1,958
  • May 7, 2009 8:41am May 7, 2009 8:41am
Hi Guys,

I have been following this thread for a while now and testing the system LIVE and DEMO. I need some help?

one LIVE account lost $1200 in one foul swoop and not sure what I did wrong... any thought please?

was running 60x90 on audjpy in 4 levels deep, ran from the 28th and margined out on 30th at 0.27lot size...ouch ... still licking wounds.

my own stupidity...hit stop loss on the 60x90 on eurjpy and ...took revenge...rentered straight away...

then with audjpy...moved stop loss to 1000 pips as all indicators said retrace inevitable, it never made it...

sounds like a Shakespearean play...the blood was on my hands and I still can't get it out...

Needless to say, the QUESTION for the enlightened please...how long does a trend have to go before it expires...I know patience is the key...but in this case it was my demise? Should I have ... I could have ... cut my loss (exited all open orders) on audjpy when the eurjpy hit and let the storm calm down, or is there a rule that says if 500-700deep, after three days exit all positions? especially the trending jpy's? or is that the weekend/friday...close and cutt all open trades at some point?

I still thank you NB for this awesome system, I am still trading LIVE with some symbols 180x200 and others 60x90 and two 20x30 ... called short term and long term. How can I prevent the same thing happening again?

thanks
cx
  • #1,959
  • May 7, 2009 9:17am May 7, 2009 9:17am
Quoting cx007
Hi Guys,

I have been following this thread for a while now and testing the system LIVE and DEMO. I need some help?

one LIVE account lost $1200 in one foul swoop and not sure what I did wrong... any thought please?

was running 60x90 on audjpy in 4 levels deep, ran from the 28th and margined out on 30th at 0.27lot size...ouch ... still licking wounds.

my own stupidity...hit stop loss on the 60x90 on eurjpy and ...took revenge...rentered straight away...

then with audjpy...moved stop loss to 1000 pips as all indicators said retrace inevitable,...

ok i may be giving you a hint away here but may i suggest to you that Bob is cooking up something as we speak, dont pester him about it jsut wait a few weeks till its ready.... itll solve these type of issues, revolutionise this system... until then may i reccomend more sensible risk settings, me and Verto have talked and only adopt this current strategy as more of an annuity style sytem that keeps the cash flow coming in, whilst relying more on manual trading for the bulk of profits... at worst case scenario ill have a 10% DD, this is because i have not doubled up on any currencies with the same broker...

im trading gbpnzd and audcad and eurnzd on 45x90... but yeh my tip is for those worried or about to go live, jsut wait a few weeks, keep testing and demo-ing...
Grabbing the bull by the horns!
  • #1,960
  • May 7, 2009 6:48pm May 7, 2009 6:48pm
Quoting cx007
Hi Guys,

I have been following this thread for a while now and testing the system LIVE and DEMO. I need some help?

one LIVE account lost $1200 in one foul swoop and not sure what I did wrong... any thought please?

was running 60x90 on audjpy in 4 levels deep, ran from the 28th and margined out on 30th at 0.27lot size...ouch ... still licking wounds.

my own stupidity...hit stop loss on the 60x90 on eurjpy and ...took revenge...rentered straight away...

then with audjpy...moved stop loss to 1000 pips as all indicators said retrace inevitable,...
personally i don't think any jpy pairs are worth trading with the 60x90. alternatively maybe we could develop a trend following system for those pairs. also i wouldn't go live without 3 months of demo testing as this is the minimum amount of time imo it takes to see how the pairs you have chosen will react to a changing market.

you might also want to consider trading pennies to start. that way you can make errors without them costing you too much.
change the future, not the past
2 traders viewing now