NanningBob Study Club | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Nanningbob 60x90 EA 3,920 replies

Emacsen Study, Study, Study 0 replies

Help regarding NanningBob EA 27 replies

Nanningbob 4H trading system 2,017 replies

Attachments: NanningBob Study Club
Exit Attachments

NanningBob Study Club

  • #221
  • Sep 14, 2010 10:08am Sep 14, 2010 10:08am
Quoting PhAnTi'
expecting a veryyy big spike on EURUSD next few days...

watch out this
Attachment


referring to :
http://www.forexfactory.com/search.p...rchid=11500028

let's see guys
Can you predict which direction the spike will be?

Although looks like it may be happening already !!
  • #222
  • Sep 14, 2010 10:08am Sep 14, 2010 10:08am
Quoting PhAnTi'
expecting a veryyy big spike on EURUSD next few days...

watch out this
Attachment


referring to :
http://www.forexfactory.com/search.p...rchid=11500028

let's see guys
Yes! My charts are saying long as well... coming...

I was way off on the AUD prediction... TF (Russell Futures) is saying it is heading for a drop on the 50K tick...

It could be divergence as that is what MACD's are good for... and bb's...

AUD is diverging from the market some, so it is on it's own which it does probably 30% of the time. Usually when it does this, it means we are headed for a long one...

My plan is to do the same thing as always, nothing different. ReEntry of next level. if it hits my stop, o well, next time etc...

Remember, never stray from the plan......................................................................................................................................................................IF YOU AGREE THIS IS YOUR PLAN...........................................................

haha... I like Bob's strategy and has worked well for me. However, it doesn't fit everyone's personality.
We are our own best indicator.
  • #223
  • Sep 14, 2010 10:12am Sep 14, 2010 10:12am
Quote
Remember, never stray from the plan............................... ................................... ................................... ................................... ..............................IF YOU AGREE THIS IS YOUR PLAN............................... ............................

important case
Hero calls followed by margin calls...
  • #224
  • Sep 14, 2010 10:20am Sep 14, 2010 10:20am
I've been experimenting with the #7 EA the last few days, and it seems that orders are entering when price hits the upper or lower BB. I would prefer if orders only initiated when the 1MAs value was below the upper BB for shorts, and above the lower BB for longs.

Could any of the guru coders out there please make this change for the #7 buy and #7 sell EAs?
  • #225
  • Sep 14, 2010 10:20am Sep 14, 2010 10:20am
Quoting bluemele
Yes! My charts are saying long as well... coming...

I was way off on the AUD prediction... TF (Russell Futures) is saying it is heading for a drop on the 50K tick...

It could be divergence as that is what MACD's are good for... and bb's...

AUD is diverging from the market some, so it is on it's own which it does probably 30% of the time. Usually when it does this, it means we are headed for a long one...

.
The AUD has just hit its 23.6% target on a massive 670 pip move from a full 50% retracement on a daily chart in which the reversal / entry on the 50% level to this trade touched to THE PIP. (I should know because I was lucky enough to trade this).

It's taken 20 days to get there.

I'm anticipating a reversal to come.
  • #226
  • Sep 14, 2010 10:21am Sep 14, 2010 10:21am
Quote
and it seems that orders are entering when price hits the upper or lower BB

= #2 EA

check out the attached manuals on post 1
Hero calls followed by margin calls...
  • #227
  • Sep 14, 2010 10:36am Sep 14, 2010 10:36am
Quoting Shaun MP
The AUD has just hit its 23.6%...
It's taken 20 days to get there.
I'm anticipating a reversal to come.
We all hope you are right. Same as Bluemele I tend to stick with the system right or wrong. During the last 6 months we have had this sort of stituation 3 times and we managed to come on top on previous occassions. I just feel for people who just started the system into DD without previous profits to fall back on.

By the way last time I asked traders to send metaphysical waves to BOJ to let jpy drop and it worked. So can we try it again, people. Please concentrate on AUD Devalue, AUD Devalue (it may work, you never know).

Kind regards
  • #228
  • Sep 14, 2010 12:32pm Sep 14, 2010 12:32pm
Yah, life sometimes needs to be simplified... Dodging a hit on these pairs is sometimes just not worth it and you take your lumps.

Drawdown, losses, and handling them is what separates the successful traders and the people who move on.

I see a lot of scalpers come over and say, "What!!! Drawdown!!!"... haha...

Just let it do its own thing. If it runs to the 76% retr on the fib, I am OK..... Life is good.

EDIT: I think you will find chasing a 20% return per month consistently is much harder than just accepting a 10% return... Like I said before, life is tough....
We are our own best indicator.
  • #229
  • Sep 14, 2010 3:55pm Sep 14, 2010 3:55pm
u made a good call. just because the bollinger bands were coming together? the link you posted here doesn't work.

Quoting PhAnTi'
expecting a veryyy big spike on EURUSD next few days...

watch out this
Attachment


referring to :
http://www.forexfactory.com/search.p...rchid=11500028

let's see guys
  • #230
  • Sep 14, 2010 4:01pm Sep 14, 2010 4:01pm
i am playing around with the NB on some stock/indices and commodity-charts.
but everytime the sixth-indicator (no matter which version i take) is going buckwild when is use it on these instruments. i tried to change the code, but failed miserably.
can anyone please be so kind to change the code so that i can use it for stocks. that will be great!
thanks in advance
meine augen sind die sterne
  • #231
  • Sep 14, 2010 4:35pm Sep 14, 2010 4:35pm
Quoting chiba_san
u made a good call. just because the bollinger bands were coming together? the link you posted here doesn't work.
http://www.forexfactory.com/ showpost.php?p=4017077
http://www.forexfactory.com/ showpost.php?p=4017465

hope you're now able to predict spikes and earn a lot of cash : ]


hm links are too long? ...scarry
just delete the space between com/ showpost...should work...

best regards
Phanti
Hero calls followed by margin calls...
  • #232
  • Sep 14, 2010 5:13pm Sep 14, 2010 5:13pm
Quoting aserbfx
i am playing around with the NB on some stock/indices and commodity-charts.
but everytime the sixth-indicator (no matter which version i take) is going buckwild when is use it on these instruments. i tried to change the code, but failed miserably.
can anyone please be so kind to change the code so that i can use it for stocks. that will be great!
thanks in advance
Just my 2 cents, but NB has set up things so you know when to reenter etc...

Just FYI, you will have to create those rules for the 2.4.2 for the others etc...

Can you show a screen shot of what is happening?
We are our own best indicator.
  • #233
  • Sep 14, 2010 5:15pm Sep 14, 2010 5:15pm
Quoting PhAnTi'
http://www.forexfactory.com/ showpost.php?p=4017077
http://www.forexfactory.com/ showpost.php?p=4017465

hope you're now able to predict spikes and earn a lot of cash : ]


hm links are too long? ...scarry
just delete the space between com/ showpost...should work...

best regards
Phanti
I believe there is an indicator for the BB squeeze. I use it trading futures with MACD & BB's, but I am sure there is one out there as I saw it somewhere....

EDIT: Found this... I don't like it much...

NOW onto testing the stop/TP for Toothmans gig..
Attached File(s)
File Type: mq4 bbsqueeze.mq4   4 KB | 219 downloads
We are our own best indicator.
  • #234
  • Sep 14, 2010 5:26pm Sep 14, 2010 5:26pm
Here is a few as well:

http://www.greattradingsystems.com/M...torlist-B.html
We are our own best indicator.
  • #235
  • Sep 14, 2010 6:31pm Sep 14, 2010 6:31pm
haha....now, if we were to believe in the test results of toothman, in theory, if we do a sell on the eur/usd at this moment..... it's an 80% win rate......

in theory.

it'll probably happen. but how much is one to put in? 1 lot? 2? i don't like where my mentality is going.... feels gamblish... edge or no edge



but just look at the picture of the currency right now.... it's exactly what we want

edit: i'll go in for 1 lot
  • #236
  • Sep 14, 2010 6:34pm Sep 14, 2010 6:34pm
phanti, you made a good call on this trade, because you called long and went long, not because you predicted a BB squeeze would result in a spike, as that is inevitable.

we all know the bb squeeze will eventually mean a burst in price.... the problem is...which direction?



Quoting PhAnTi'
http://www.forexfactory.com/ showpost.php?p=4017077
http://www.forexfactory.com/ showpost.php?p=4017465

hope you're now able to predict spikes and earn a lot of cash : ]


hm links are too long? ...scarry
just delete the space between com/ showpost...should work...

best regards
Phanti
  • #237
  • Sep 14, 2010 6:56pm Sep 14, 2010 6:56pm
i've noticed the darn macd changes position too... how do we know where it really was at, in real time in the past when we backtest?
  • #238
  • Sep 14, 2010 7:04pm Sep 14, 2010 7:04pm
no...quite new to forex, not new to trading in general though.

any comments and opinions from you is very much appreciated. any judgements too. we are all here cuz we want to make money.

my biggest weakness is the gambling mentality. believe it or not, i was profitable in gambling. bacarrat. even though the casino has a slight edge whether you bet banker or player, i could usually win. not because i could beat the casino's edge, that is impossible due to the mathematical edge. but because i followed trend. i tell you, when a human being loses 6 or 7 hands in a row, and they start dishing out money they can't afford to lose, or their face goes flush red... you gotta bet against them. they bet banker, you bet player and vice versa. i noticed the win rates on those bets are very, very high. and the same when someone is winning. don't assume they will lose anytime soon. ride with them.

anyways, i gave that up. life ain't a movie. you'll get all kinds. a lot of swearing and it ain't always pleasant.

i think doing this rwb, 6th indicator, plus using multiple entry points gives me a similar edge to the casino theory, minus the unpleasantness.

in a casino, ppl know when you are betting against them. and they also don't like it when you observe for long periods without placing bets. it was very stressful...
  • #239
  • Edited 7:47pm Sep 14, 2010 7:27pm | Edited 7:47pm
Quoting chiba_san
no...quite new to forex, not new to trading in general though...
in a casino, ppl know when you are betting against them. and they also don't like it when you observe for long periods without placing bets. it was very stressful...
When I saw you were from HONG KONG I guessed as much. It is in the blood and there is nothing you can do about it. You should visit the "Simple RENKO System thread" and look for Steve hopwood`s pure candle autoentry robot. As soon as he posted it I commented that it reminded me of Punto banco (Baccarat) and evens on the roulette. You should try it at the moment I am demoing it.

Kind regards
P.S. Just thought if you made a profit casino gambling you will make profit tradinf forex, since the former is much harder than the latter.
  • #240
  • Sep 14, 2010 8:44pm Sep 14, 2010 8:44pm
Quoting bluemele
Not right now... Busy with other little projects. Maybe sometime in the future.

How are the results?
haven't gotten the chance to forward test it. the backtests however seems to be doing really well even with just ea 1 and 2. drawdowns can be optimized (smoothened) though as it tends to dip quite low but rebounds quite fast due to the recovery system in place.

i'm also forward testing phover's version on all major pairs only. (max of 8 spread). fully automated with all EA's on. I know it's suicide but just wanted to see how well it does. It did close a couple of good trades. with 1k USD opening balance, it does survive nicely w/ a lot size of 0.05, currently the lowest my broker allows (tadawulfx). fyi, i've got around -797 pips floating as of this post..
0 traders viewing now