NanningBob Study Club

Quoting Zr-fx

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L3 on AUDUSD!!

At least there is some action. It was stuck for days, not deep enough to go L3 and not retracing (which is where my EURUSD is) .

Let's what happens by the morning.

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Quoting Pippopotamus

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of NB's method. Still in Beta!! 9 active trades at the moment. 6 in profit. Overall positive. Last week very good results. This week...we must wait!! Buy a HA body close above lower Fib if close is below Light Blue. Sell a HA body close below Upper Fib if close is above Dark Blue. SL,1 Buys...Channel Low. SL,2 Buys...Lower Fib...SL,2 engaged once price has touched Upper Fib. Reverse for Sells. I do not have all the details worked out yet. Trade this model at your own risk!! astral77, for your generosity and kindness to others...here you go....

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Quoting bauerjj10

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Could anyone point me to a page or maybe explain to me how EA5, EA7, and EAS work?

I have tried searching and am unable to locate exactly how these work.

I can somewhat read the code from phover's dashboard but what I am more interested in is when to use these EA's and why.
for example i can read from his code that EA 5 will buy if price is greater than a MA of 30, and MA of 31 is greater than MA of 1... but when exactly would i use this and EA7 and EAS.

Inserted Code

  if(EA5) {  
    BUYme  = Ask > MA30 && MA31 > MA;

Thanks

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Quoting PhAnTi'

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bob's sys bases on RWB confirmation.... no S+R etc.

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Quoting duffypratt

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Now for my serious question....

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Quoting bluemele

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#5 is good for 1x3 cross, so if you don't want to use #1 or #4, then you would use 5 when it calms down finally!

#7 is the same as #2 except it is shifted more..... So you would use it when you want it to really come inside the BB band.

EOS is just when the white line violates the stochastic 85/15 thresholds then it would enter you. That is completely up to when to use it, but this works great some times and others terrible!

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Quoting bluemele

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Tough couple weeks.

Reminds me of Early, Mid-July!

I think we are getting a retrace on the EUR right now, but who knows for how long. I need about 50 pips and I am good.

AUDUSD is almost a lost cause and getting ready to exit my L1 trade. I am running two sets on that one because I had a technical issue on an early reentry.

I hope I don't have to exit any L2's on that guy. 700 pips without retrace.... Interesting. Let's hope it doesn't go to 1,000!

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Quoting chiba_san

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i want to put in a larger lot size right now to recover. thoughts?

currently -100.

look at rwb. almost all at the top. like right at the top.

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Quoting bauerjj10

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I started trading the NB method about a week and a half ago, Im on lv3 on 2 of my trades currently and lv2 on one.
only 3 trades made profit, but far less profit than is being lost.
I am following the strategy to a T and only entering in on Primary trades.

Please someone tell me that the reason for this is because of the market conditions... and if so is this common? also is there any way to filter out trades in conditions like this?

I have read many good things about the strategy, but am yet to experience any positive performance.

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