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Nanningbob 4H trading system

  • #1,301
  • Apr 10, 2010 7:11pm Apr 10, 2010 7:11pm
Quoting nanningbob
Form April 5 to 9 the MPTM has closed 64 +10 trades for a total of 640 pips. DANG thats good.
  • #1,302
  • Edited 5:53am Apr 11, 2010 2:23am | Edited 5:53am
http://i.ebayimg.com/04/%21BqCohu%21...g%7E%7E_35.GIF
25.95$ For My 4H 3X3 Forex Trading System MT4 Platform
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Hey guys you can buy my system on Ebay. LOL get in line. I wonder if he will give me my cut for the system. Now you know where these guy get their top secret systems to sell to you.
  • #1,303
  • Apr 11, 2010 7:26am Apr 11, 2010 7:26am
Quoting nanningbob
http://i.ebayimg.com/04/%21BqCohu%21...g%7E%7E_35.GIF
25.95$ For My 4H 3X3 Forex Trading System MT4 Platform
Item condition:New
Time left:23d 01h (May 04, 201001:47:25 PDT)
Quantity:http://pics.ebaystatic.com/aw/pics/i...rror_16x16.gif
9 available
Please enter a quantity of $quantity$ or less
Please enter a quantity of 1Purchases are limited to $quantity$ per buyer
Please enter a quantity of $quantity$ or less
Please enter...
There are a lot of creeps in this world. Just to let you know, it wasn't me
  • #1,304
  • Apr 11, 2010 8:37am Apr 11, 2010 8:37am
Quoting Toothman
There are a lot of creeps in this world. Just to let you know, it wasn't me
The guy was from Lithuania so I know it wasnt you.
  • #1,305
  • Apr 11, 2010 5:19pm Apr 11, 2010 5:19pm
Quoting nanningbob
http://i.ebayimg.com/04/%21BqCohu%21...g%7E%7E_35.GIF
25.95$ For My 4H 3X3 Forex Trading System MT4 Platform
Item condition:New
Time left:23d 01h (May 04, 201001:47:25 PDT)
Quantity:http://pics.ebaystatic.com/aw/pics/i...rror_16x16.gif
9 available
Please enter a quantity of $quantity$ or less
Please enter a quantity of 1Purchases are limited to $quantity$ per buyer
Please enter a quantity of $quantity$ or less
Please enter...
Really don't see why some low life should be making money from other people's hard work, so officially complained to Ebay.

Their reply:

We'll review what you've reported for violations of our replicas,
counterfeit items, and unauthorized copies policy. Thanks for bringing
this to our attention.

We'll review the listing or post carefully. If we determine that it
violates eBay policy, we may:
-- send the seller a warning
-- remove the listing
-- limit the seller's buying and selling privileges

We usually won't suspend a seller's account unless the seller has
violated our policies multiple times. To protect the privacy of our
members, we don't share what actions we choose to take.

We may also send your report to the rights owner for review. If the
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To find out more about how eBay protects intellectual property, please
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For more information about our replicas, counterfeit items, and
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Thanks,
eBay
  • #1,306
  • Apr 11, 2010 5:45pm Apr 11, 2010 5:45pm
Thanks MacMan I will file a complaint. Also big gaps this morning. Closed out the big profits and removed some of my recommendations because they no long qualify, EUR/NZD for example. Good start to the week though, closed out usd/jpy trades, nzd/chf, some aud/chf levels and reenter 1, closed out gbp/chf nice profit,eru/gbp great profit, eur/nzd great profit. eur/aud profit. added a level on the gbp/usd. So nice start to the week. Will report full results tomorrow. 2nd week in a row got great moves on the gaps. Lucky boy.
  • #1,307
  • Apr 11, 2010 5:59pm Apr 11, 2010 5:59pm
Quoting nanningbob
Thanks MacMan I will file a complaint. Also big gaps this morning. Closed out the big profits and removed some of my recommendations because they no long qualify, EUR/NZD for example. Good start to the week though, closed out usd/jpy trades, nzd/chf, some aud/chf levels and reenter 1, closed out gbp/chf nice profit,eru/gbp great profit, eur/nzd great profit. eur/aud profit. added a level on the gbp/usd. So nice start to the week. Will report full results tomorrow. 2nd week in a row got great moves on the gaps. Lucky boy.
I also sent the guy a message via Ebay - I can't stand cheats and liars ...

"Dear forextradesystem,

Why are you selling a system which is not yours to sell? This is free to anyone on ForexFactory. You have been reported to Ebay for breach of copyright and the authorities in your country also informed."
  • #1,308
  • Edited 3:36am Apr 12, 2010 12:46am | Edited 3:36am
Quoting nanningbob
OK first it is working exactly the way it is suppose to work ...How much money did the broker cut you this month? ...
Hi Bob,

Thanks you for detailed explanation.

I think aloud but don’t see it making any sense. The only positive way to view it is that MPTM produced more realised P/L, while leaving even more unrealised P/L as DD for 2.4.2 system to recover.

Take the sample of previous transaction I posted, and assume the new 5th order is in DD and 50pips away from open price of first transaction ,e,g. current price is 87.43=86.93+50. If we don’t do MPTM, the loss is 50 pips.
With this pips, we have 106 pips(87.43-86.37) unrealised P/L DD and 20 pips realised profit, the loss is 86 pips (106-20).

Our bank account has two pockets, left pocket is realised P/L and right pocket unrealised which we are also responsible for.

Open Time Close Time Price Close Price Item
SELL 2010.04.05 14:41 2010.04.05 17:42 86.93 86.88 audjpyfxf
SELL 2010.04.05 17:422010.04.06 01:5186.8186.56 audjpyfxf
SELL 2010.04.06 01:512010.04.06 04:3086.5086.45 audjpyfxf
SELL 2010.04.06 04:30 2010.04.08 15:27 86.37 86.29 audjpyfxf

Happy trading!
  • #1,309
  • Apr 12, 2010 4:15am Apr 12, 2010 4:15am
[quote=earthca;3629067]Hi Bob,

Thanks you for detailed explanation.

I think aloud but don’t see it making any sense. The only positive way to view it is that MPTM produced more realised P/L, while leaving even more unrealised P/L as DD for 2.4.2 system to recover.

Take the sample of previous transaction I posted, and assume the new 5th order is in DD and 50pips away from open price of first transaction ,e,g. current price is 87.43=86.93+50. If we don’t do MPTM, the loss is 50 pips.
With this pips, we have 106 pips(87.43-86.37) unrealised P/L DD and 20 pips realised profit, the loss is 86 pips (106-20).

Our bank account has two pockets, left pocket is realised P/L and right pocket unrealised which we are also responsible for.

Open Time Close Time Price Close Price Item
SELL 2010.04.05 14:41 2010.04.05 17:42 86.93 86.88 audjpyfxf
SELL 2010.04.05 17:422010.04.06 01:5186.8186.56 audjpyfxf
SELL 2010.04.06 01:512010.04.06 04:30
[quote]


Yes you understand the difference. Now it is a decision on your part on how you want to trade. I like trading this and found it profitable. You may not. Explaining this and getting people to understand is difficult. If you grasp it you may or may not want to trade this way but i find it profitable.
  • #1,310
  • Apr 12, 2010 5:52am Apr 12, 2010 5:52am
[quote=nanningbob;3629648]
Quoting earthca
Hi Bob,

Thanks you for detailed explanation.

I think aloud but don’t see it making any sense. The only positive way to view it is that MPTM produced more realised P/L, while leaving even more unrealised P/L as DD for 2.4.2 system to recover.

[color=black][font=Verdana]Take the sample of previous transaction I posted, and assume the new 5th order is in DD and 50pips away from open price of first...
Finally i understand how the system works. Big thanks and i can sleep in peace now :-) You have a lot of confidence in you 2.4.2 recovery system which it takes time for me to grasp.

It is still a fantastic system. In the initial stage I shall do the same as Toothman to be conserative.

Happy trading.
  • #1,311
  • Apr 12, 2010 5:42pm Apr 12, 2010 5:42pm
WOW, what a day. Yipeeeee. Now if we just can get the jpy to fall I will have a great week. Almost out of my big DD
TAKE PROFITS
MPTM 11 at +10 = 110
aud/cad +69 closed this too early
aud/jpy +77
aud/usd 3L +63 2L +34 1L -26
eur/aud +104
eur/gbp +54 1L -30
eur/nzd +19
gbp/chf -17 2L +136
gbp/jpy +52
nzd/chf -26 2L +40 off of R line
CLOSED FOR LOSS
aud/chf -63 2L +21

OPEN TRADES
Aud/jpy -375 2nd -163
gbp/jpy 2nd L -232
gbp/usd -220 2L -23
usd/jpy -95 2ndL -7
nzd/jpy, 2mptm not open now
nzd/usd 2mptm not open now
TOTALS
total for day +617
for the week +617
for the month +1534
Carry over -1115
primary trades
BUYS

SELLS
Secondary trades
BUYS
SELLS eur/usd eur/jpy

OK my top 11 pairs and alternates:
This gives me 2 of each: aud, cad, chf, gbp, nzd,
4 of each eur, usd, jpy
aud/cad - aud/nzd this matc hes minor or commodity currencies together. As I have stated before minor currencies can get squashed by the larger currencies.
chf/jpy - eur/jpy - eur/usd - eur/cad - eur/nzd
gbp/jpy - gbp/usd - usd/chf - usd/jpy
Alternatives: the aud/jpy, eur/jpy, are all similiar so choose one. The Aud/jpy is not as volatile as the gbp/jpy if you want less movement but still like some volatility but it will do long trends more. The most important thing is you dont want to be heavily investment into any one currency. If the EUR/NZD is too volatile for your tastes you can replace it with nzd/chf or nzd/jpy. I just happen to like the eur/nzd pair and the way it flies around the chart.

Most volatile pairs: eur/nzd and gbp/jpy can be replaced with aud/jpy nzd/jpy nzd/chf for less volatility. __________________
I no longer trade usd/sgd. It is going to 25:1 leverage, simply not worth using up that much margin for a slow mover like that.[/quote]
  • #1,312
  • Apr 12, 2010 11:34pm Apr 12, 2010 11:34pm
I am going to go ahead and get rid of some more DD while the getting is good. Nice moves during the JPY session gives me the opportunity to do this. I have more than enough profit to eliminate some more DD. No need to gamble when things are going good. Actually too good havent had days like this often So....................... this is what I did after the morning jpy session. I am out of the JPY trades.
Closed Trades
Aud/jpy -311 2nd -99 3rd +30
gbp/jpy 2nd L -114
usd/jpy -40 2ndL +48
OPEN TRADES
nzd/jpy, +4
nzd/usd decided not to enter
gbp/usd -220 2L -23

I will keep the eur/usd and eur/jpy trades going also.

So I will add these to my totals in the morning.
Closed for loss -486
Present DD -239

That folks is how I get rid of a 3000 DD and still make a profit. You saw me do it day by day and how I trade. Trading is work and there is some skill to it. I dont know anyone anywhere that teaches traders day by day on how to get out of trouble in real time. There is an alternative to the SL mentality.
  • #1,313
  • Apr 13, 2010 12:49am Apr 13, 2010 12:49am
True Bob.
This thread is most valuable thing I found on FF. Sure there are other great systems here, but I found them not for me for one reason or another.
This system and Your work to explain it for us is something special.
I am still at very begining of my forex jurney and I want to thank You, becouse my start is so much easier now. Still watching Your trades and trying to get my own way of trading.
  • #1,314
  • Apr 13, 2010 1:10am Apr 13, 2010 1:10am
Hi Bob,

First of all, thx for sharing. 4H trading systems is what I'm looking for so I'm going to try this out. Just let me know If I'm doing this correctly...

On AudNzd, all conditions seem to meet so I opened the "buy 2L 150" template, waiting for the 3 MAs to cross. The trade should start on it's own? (I changed the EA to enter 0.1 lot, I'm on fxpro, no micro trades). Is this OK?

Thanks a lot!
Attached Image (click to enlarge)
Click to Enlarge Name: 13 april audnzd nb.gif Size: 29 KB
  • #1,315
  • Apr 13, 2010 3:20am Apr 13, 2010 3:20am
Quoting roachroach
Hi Bob,

First of all, thx for sharing. 4H trading systems is what I'm looking for so I'm going to try this out. Just let me know If I'm doing this correctly...

On AudNzd, all conditions seem to meet so I opened the "buy 2L 150" template, waiting for the 3 MAs to cross. The trade should start on it's own? (I changed the EA to enter 0.1 lot, I'm on fxpro, no micro trades). Is this OK?

Thanks a lot!
Under that system Yes that would be a trade. The one thing I have changed is adding the Screen lines so I am not trading in the middle of the screen. Here is what my screen looks today. I want price to be outside the Gold lines and outside the red lines is a great trade, this trade just barely qualifies. I will take it with you and if the trade causes trouble I can talk you through it. Since it is the AUD/NZD wont be running on you anywhere it is a safe currency to trade. I wouldnt want to take a volatile currency with a trade in this area but the AUD/NZD is pretty safe. So lets do the trade together and see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: aud nzd.gif Size: 30 KB
  • #1,316
  • Apr 13, 2010 6:49pm Apr 13, 2010 6:49pm
Like I reported in my earlier post I used my profits and a nice JPY run in the JPY session to eliminate the rest of my DD. Other than that a rather uneventful day and I am up over a 1100 pips for the month. Ready to wait for some good trade setups again. Almost all the currencies are in the midlde of the screen so not touching them even though RWB is in the right spot for some of them. So we sit and wait for the market. AUD/NZD made a nice move so took my 50 pips. Great call yesterday by roachroach. price is now in the middle of the screen so I am out. Dont like being in the middle of the battlefield.
TAKE PROFITS
MPTM 5 at +10 = +50
aud/nzd +50
gbp/usd +25

CLOSED FOR LOSS
Closed for loss -486 see my previous post for what I closed and why.
Aud/jpy -311 2nd -99 3rd +30
gbp/jpy 2nd L -114
usd/jpy -40 2ndL +48
OPEN TRADES
eur/usd -48
eur/jpy -78
gbp/usd -239 2L -8 Took 2L profit at S line turned EA back on later in the day to reenter 2L
nzd/jpy, -5

TOTALS
total for day -361
for the week +256
for the month +1173
Carry over -378
primary trades
BUYS

SELLS
Secondary trades
BUYS
SELLS

OK my top 11 pairs and alternates:
This gives me 2 of each: aud, cad, chf, gbp, nzd,
4 of each eur, usd, jpy
aud/cad - aud/nzd this matc hes minor or commodity currencies together. As I have stated before minor currencies can get squashed by the larger currencies.
chf/jpy - eur/jpy - eur/usd - eur/cad - eur/nzd
gbp/jpy - gbp/usd - usd/chf - usd/jpy
Alternatives: the aud/jpy, eur/jpy, are all similiar so choose one. The Aud/jpy is not as volatile as the gbp/jpy if you want less movement but still like some volatility but it will do long trends more. The most important thing is you dont want to be heavily investment into any one currency. If the EUR/NZD is too volatile for your tastes you can replace it with nzd/chf or nzd/jpy. I just happen to like the eur/nzd pair and the way it flies around the chart.

Most volatile pairs: eur/nzd and gbp/jpy can be replaced with aud/jpy nzd/jpy nzd/chf for less volatility. __________________
I no longer trade usd/sgd. It is going to 25:1 leverage, simply not worth using up that much margin for a slow mover like that.[/quote][/quote]
  • #1,317
  • Apr 13, 2010 6:52pm Apr 13, 2010 6:52pm
yesterdays Aud/nzd trade. white line hit top and it is at a R line so took my 50 pips and locked them up in the bank. Could set your SL at +30 and let it run also. My first take of TP is white line to the opposite end so that is my reason.
Attached Image (click to enlarge)
Click to Enlarge Name: aud nzd.gif Size: 25 KB
  • #1,318
  • Apr 14, 2010 1:27am Apr 14, 2010 1:27am
Quoting nanningbob
yesterdays Aud/nzd trade. white line hit top and it is at a R line so took my 50 pips and locked them up in the bank. Could set your SL at +30 and let it run also. My first take of TP is white line to the opposite end so that is my reason.
I kept this trade going until it hit the middle BB line, banked half of my lot at 96 pips and let the other run. +102 pips so far!
Thanks for the 6th lines tip, it filters a lot but leaves us with veeery good opportunities.
Opened Sell EA on E/U, reached the top line.
Watching carefully Usd/Chf, going towards the deepest line...
  • #1,319
  • Apr 14, 2010 6:48pm Apr 14, 2010 6:48pm
That was a dud day. zzzzzzzzzzzzzz Anybody for another round of JPY trades? Hopefully they will be better this time.
TAKE PROFITS
MPTM 2 at +10 = +20

CLOSED FOR LOSS

OPEN TRADES
eur/usd -102
eur/jpy -132
gbp/usd -323 2L -107
nzd/jpy, -72

TOTALS
total for day +20
for the week +276
for the month +1193
Carry over -736
primary trades
BUYS ,usd/chf

SELLS aud/usd
Secondary trades
BUYS
SELLS aud/jpy, chf/jpy, gbp/jpy,

OK my top 11 pairs and alternates:
This gives me 2 of each: aud, cad, chf, gbp, nzd,
4 of each eur, usd, jpy
aud/cad - aud/nzd this matc hes minor or commodity currencies together. As I have stated before minor currencies can get squashed by the larger currencies.
chf/jpy - eur/jpy - eur/usd - eur/cad - eur/nzd
gbp/jpy - gbp/usd - usd/chf - usd/jpy
Alternatives: the aud/jpy, eur/jpy, are all similiar so choose one. The Aud/jpy is not as volatile as the gbp/jpy if you want less movement but still like some volatility but it will do long trends more. The most important thing is you dont want to be heavily investment into any one currency. If the EUR/NZD is too volatile for your tastes you can replace it with nzd/chf or nzd/jpy. I just happen to like the eur/nzd pair and the way it flies around the chart.

Most volatile pairs: eur/nzd and gbp/jpy can be replaced with aud/jpy nzd/jpy nzd/chf for less volatility. __________________
I no longer trade usd/sgd. It is going to 25:1 leverage, simply not worth using up that much margin for a slow mover like that.[/quote][/quote][/quote]
  • #1,320
  • Apr 15, 2010 3:22am Apr 15, 2010 3:22am
At last markets are moving!
Been trading Bobs sytem for only 2 days and I'm already + 417 pips. No losses (yet! )
Beginner's luck? Maybe. We'll see in a few weeks...
Great job Bob.

My open trades:
Open Date Symbol Action Lots Open Price TP SL Profit (EUR) Pips Swap
Apr 13 at 12:21 AUDNZD Buy 0.10 1.2985 0 1.299 47.89 91.0 0.12
20 hours ago USDCHF Buy 0.10 1.05308 0 0.95308 25.39 36.4 -0.12
20 hours ago EURUSD Sell 0.10 1.36372 0 1.46372 48.19 65.4 -0.31
19 hours ago EURNZD Sell 0.10 1.914 0 1.927 64.68 123.0 1.76
Apr 15, 2010 USDSGD Buy 0.40 1.3746 0 0 10.72 5.0 0.0
Apr 15, 2010 AUDUSD Sell 0.10 0.93385 0 1.03385 -0.15 -0.2 0.0
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