hello my friends here at forexfactory.com,
SInce i'm a commercial member it is not allowed to poSt in the free forum Section. and i have to sit in my commercial jail and have to contribute from here
now this thread is a contribution to nanningbob and his system.
to my person:
i followed nanningbob and his method since the beginning. i have knowledge in trading with indicators and without them. i tried everything. scalping, intraday and swingtrading. grid- and antigridtrading. i tried the most reportoir of moneymanagement like martingale, pyramiding some progression systems you never heart about it. betwenn this iS the least discuSsed topics. i think the least know about deancer-, speak-, guetting- & labouchere progressions to name a few.
with all of this weapons in my pocket i have now better undersTanding of the market and how to trade this. i know 95% of all systems work in the right marketphase and the right time. this knowledge was an eyeopener and a moneypocket-filler.
now i'd like to give everybody this eyeopener and hope that everyone is ready for discussion. but this time i'd like to limit the discussion only to nanningbobs v5, because it is simple and easy to understand.
you know that versIon 5 is now a very stable trading methodology and gains money with ease. the original v5 will be traded in the 4hour timeframe. i tried it now in several timeframes and can tell that it works well in every timeframe. if you take attention at round numbers and support/resistance zones it is also possible to trade this in the 5 minute tf.
my concluSion or idea is thiS:
you have not to use it only for countertrend trades. it is also possible for trendtrading. why? in Some Situations the market turns and you are the first in a new trend. but the most time you trade into a market-correction, but what is with trades out of the correction into the trend? it iS alSo possible. the problem here is with the 120 barS lookback and the static RWB. in a perfect situation you see a trend coming close to the upper or lower chartscreen and you get a signal for entry. after you take some pips with you, the price is likely in the middle or at the 5/6th or 2/6th of screen and the correction is ready and turn into the next trendmove. how is it posSible now for us to take this reversalpoint to trade into the trend.
it is so simple. you have to Switch into a lower tf. thatS all.
and with this knowledge you could trade from trend into correction and back in to the trend and so on.
switching into lower tf is also perfect for getting razorsharp entries AND exits.
you could avoid so many possible multi-entries L1,L2,L3 if you switch into the right lower tf anD get a signal from this tf.
this is what i do. i'm trading only in 1h timeframe and if i get a signal from the 'NNBv5 Signals - Sq and Steve's' Indicator i'm switching into 5m tf and waiting here for the right entry i alSo look at round numbers and S/R zones like mentioned above.
with you all i'd like to finetune this method. create MTF-Signal indicator for the entries and exits. Especially finetune the lookback variable is i think very important also the RWB. the RWB is very static and market is very dynamic and swings in cycles. i believe in cycles and Do many statistical analyses.
before i forget this. this is a call to crodzilla. in your goertzel browser you have to take MathCos instead of MathSin to visualize the waves.
i know SwingMan likes programming dashboards. it will be glad to have you here on board.
everybody here is invited to work together for FREE. nothing we develope here is for sale intentions.
start here now and let us make huge profit...
SInce i'm a commercial member it is not allowed to poSt in the free forum Section. and i have to sit in my commercial jail and have to contribute from here
now this thread is a contribution to nanningbob and his system.
to my person:
i followed nanningbob and his method since the beginning. i have knowledge in trading with indicators and without them. i tried everything. scalping, intraday and swingtrading. grid- and antigridtrading. i tried the most reportoir of moneymanagement like martingale, pyramiding some progression systems you never heart about it. betwenn this iS the least discuSsed topics. i think the least know about deancer-, speak-, guetting- & labouchere progressions to name a few.
with all of this weapons in my pocket i have now better undersTanding of the market and how to trade this. i know 95% of all systems work in the right marketphase and the right time. this knowledge was an eyeopener and a moneypocket-filler.
now i'd like to give everybody this eyeopener and hope that everyone is ready for discussion. but this time i'd like to limit the discussion only to nanningbobs v5, because it is simple and easy to understand.
you know that versIon 5 is now a very stable trading methodology and gains money with ease. the original v5 will be traded in the 4hour timeframe. i tried it now in several timeframes and can tell that it works well in every timeframe. if you take attention at round numbers and support/resistance zones it is also possible to trade this in the 5 minute tf.
my concluSion or idea is thiS:
you have not to use it only for countertrend trades. it is also possible for trendtrading. why? in Some Situations the market turns and you are the first in a new trend. but the most time you trade into a market-correction, but what is with trades out of the correction into the trend? it iS alSo possible. the problem here is with the 120 barS lookback and the static RWB. in a perfect situation you see a trend coming close to the upper or lower chartscreen and you get a signal for entry. after you take some pips with you, the price is likely in the middle or at the 5/6th or 2/6th of screen and the correction is ready and turn into the next trendmove. how is it posSible now for us to take this reversalpoint to trade into the trend.
it is so simple. you have to Switch into a lower tf. thatS all.
and with this knowledge you could trade from trend into correction and back in to the trend and so on.
switching into lower tf is also perfect for getting razorsharp entries AND exits.
you could avoid so many possible multi-entries L1,L2,L3 if you switch into the right lower tf anD get a signal from this tf.
this is what i do. i'm trading only in 1h timeframe and if i get a signal from the 'NNBv5 Signals - Sq and Steve's' Indicator i'm switching into 5m tf and waiting here for the right entry i alSo look at round numbers and S/R zones like mentioned above.
with you all i'd like to finetune this method. create MTF-Signal indicator for the entries and exits. Especially finetune the lookback variable is i think very important also the RWB. the RWB is very static and market is very dynamic and swings in cycles. i believe in cycles and Do many statistical analyses.
before i forget this. this is a call to crodzilla. in your goertzel browser you have to take MathCos instead of MathSin to visualize the waves.
i know SwingMan likes programming dashboards. it will be glad to have you here on board.
everybody here is invited to work together for FREE. nothing we develope here is for sale intentions.
start here now and let us make huge profit...