Nanningbob 4h trading system ver. 5.0 | Page 125 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Nanningbob 60x90 EA 3,920 replies

NanningBob's 4H Sellhigh BUYLOW 158 replies

Help regarding NanningBob EA 27 replies

Nanningbob 4H trading system 2,017 replies

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

Attachments: Nanningbob 4h trading system ver. 5.0
Exit Attachments

Nanningbob 4h trading system ver. 5.0

  • #2,481
  • Sep 29, 2010 9:08am Sep 29, 2010 9:08am
Quoting Toothman
Bob,
Are you looking at Go Markets? The only reason I'm not going with them is because they don't accept IRA accounts.
I looked at them a year ago but transfering money was an issue then. Too expensive. So if that has changed I will look again.
  • #2,482
  • Sep 29, 2010 9:17am Sep 29, 2010 9:17am
Hi

Intersting thread, but I am unclear on what your strategy is to enter a trade. Do you have any enter / exit instructions.

Thanks

Tim
  • #2,483
  • Sep 29, 2010 9:30am Sep 29, 2010 9:30am
Quoting wickstedFX
Hi

Intersting thread, but I am unclear on what your strategy is to enter a trade. Do you have any enter / exit instructions.

Thanks

Tim
where is steve when you need him?
steeeeeve......
meine augen sind die sterne
  • #2,484
  • Sep 29, 2010 9:44am Sep 29, 2010 9:44am
Quoting wickstedFX
Hi

Intersting thread, but I am unclear on what your strategy is to enter a trade. Do you have any enter / exit instructions.

Thanks

Tim
You could try page 1 post 1.

Steve is this you???
  • #2,485
  • Sep 29, 2010 9:51am Sep 29, 2010 9:51am
Quoting nanningbob
Steve is this you???


Quoting wickstedFX
I am unclear on what your strategy is to enter a trade
Friend, there is no point going around a few threads asking the same question. Here is the system:

1-Go to post 1
2-Download all the documents
3-Read them 5 times
4-Read the full thread. Always going back to the documents you downloaded
5-After you finish reading the thread go back and read the documents from post 1 again a couple of times
6-Setup all of this on a demo and start palying with it
  • #2,486
  • Sep 29, 2010 9:55am Sep 29, 2010 9:55am
Quoting Zr-fx
Commiserations Bluemele. Did they force close all your trades? What was your Margin Level?

I looked up the rules on Alpari UK where I trade, this is what they say:
[i][color=black][font=Verdana]Alpari UK does not operate under a system of margin calls. Instead we operate a STOP OUT system. This means that if the equity on an account falls below 20% of the required margin for the open position the system will automatically...
Oh, no, this is my play account. I am pushing/testing this account and I was pushing the limit. Something nobody else should do, but 600.00 isn't going to kill me.

I was trading 22 pairs and I expected some of them to retrace last night and I put stops to limit the major pairs from killing me (EURUSD, AUDUSD), but I didn't anticipate some of the others doing so poorly and whammo! Once you get into margin call territory, it just drains your account slowly.

I woke up to see about 5 trades closed out, Forex.com does the biggest loser method.

I am not worried, I made a 150.00 or so in my larger account and only at 15% DD on that account and I am getting ready to top it up with 3 times the amount I currently have in it, so I am not worried at all. I am about to take L1 losers on 2 currencies though.

I realize what is costing me with this trend is no big retraces in that normally I would be out with a 38%, but it is just missing them now twice!

My charts on the TF (russell) spell more trouble though with the weekly about to get on the BB....

However, there is resistance there and all the NB indicators are saying down, so we will see. I still don't get it, Recession #2, so hey, stock market should go up right... Makes NO sense to me right now, but usually when I think that, the market plummets to the bottom of any chart I have.
We are our own best indicator.
  • #2,487
  • Sep 29, 2010 9:58am Sep 29, 2010 9:58am
Quoting Zr-fx





6-Setup all of this on a demo and start palying with it
And don't get into a trend like we just did... hahah....
We are our own best indicator.
  • #2,488
  • Sep 29, 2010 10:01am Sep 29, 2010 10:01am
Quoting nanningbob
I looked at them a year ago but transfering money was an issue then. Too expensive. So if that has changed I will look again.
I don't think it has changed.

Wires can be pricey.
We are our own best indicator.
  • #2,489
  • Sep 29, 2010 10:38am Sep 29, 2010 10:38am
Quoting bluemele
...
Still up on the system overall if you count my other accounts, but man, is this thing EVER going to retrace... haha...

I still can't believe how smooth and long this trend is....

Always plan to be surprised in forex...
always expect the unexpected. but man, this here is really crazy.
i think it will retrace when i close my trades.
just after this, it will retrace like an asteroid.

but i have to say that i will not close them too soon. sorry
meine augen sind die sterne
  • #2,490
  • Sep 29, 2010 10:48am Sep 29, 2010 10:48am
Quoting bluemele
I don't think it has changed.

Wires can be pricey.
Yea but 400:1, hedging, low spreads , and being able to tell Barney Frank to take a hike would be worth the wire fee to me. Wish they accepted IRA accounts.
  • #2,491
  • Sep 29, 2010 12:28pm Sep 29, 2010 12:28pm
I wonder if we are in the 2008 all over again! haha... Still defies my brain why the market goes up when there is bad news abound.

Setting up for another May 6th...

I killed my small account, took an 1,000.00 loss which is fine.

Had I been trading the 4.0 I would have been doing fine. However, new to the 5.0, I was quite aggressive (which I knew) and I had some technical issues which entered me into too many trades @ less than my ReEntry price.

I wouldn't normally even be in at L3 on most had I used my old trading habits which I am doing on my larger account. I figured I would try eek out some more profits and see how high I could go. I picked the wrong month.

There is a risk to every plan, I knew I could lose my entire account and I am ok as it is a small one. Now, onto the larger account and let's get some pips!!!!!
We are our own best indicator.
  • #2,492
  • Sep 29, 2010 12:30pm Sep 29, 2010 12:30pm
Quoting bluemele
I wonder if we are in the 2008 all over again! haha... Still defies my brain why the market goes up when there is bad news abound.

Setting up for another May 6th...
Hedge Funds
  • #2,493
  • Sep 29, 2010 12:32pm Sep 29, 2010 12:32pm
Quoting scooby-doo
Hedge Funds
Selling into it?

I hope they are not dumb enough to buy companies that are overpriced considering the storm that continues to erode our economy and the world's economy in general. (maybe stupid money to make a commission with nothing else to invest in??)

We seem to have a few of these a year. I do a bit of credit spreads with options and you just scratch your head thinking why????

Then, kaboooomm.... The bottom falls out all at once, like a damn bursting. I can never understand when or why that day/hour that this happens, but there has to be some way to measure it I would think....
We are our own best indicator.
  • #2,494
  • Sep 29, 2010 12:36pm Sep 29, 2010 12:36pm
Quoting bluemele
Selling into it?

I hope they are not dumb enough to buy companies that are overpriced considering the storm that continues to erode our economy and the world's economy in general....
Which pairs are you talking about ?
  • #2,495
  • Sep 29, 2010 1:38pm Sep 29, 2010 1:38pm
Quoting wickstedFX
Hi

Intersting thread, but I am unclear on what your strategy is to enter a trade. Do you have any enter / exit instructions.

Thanks

Tim
Missing the point?

Missing the point?

You would not recognise the point if it wore a multi-coloured t-shirt with "The Point" emblazoned in flashing neon lights, letting off fireworks and conducting a full symphony orchestra in a performance of the 1812 overture with atomic bombs taking the place of the cannons.

Ye Gods, in a thread that attracts its fair share of idiotic posts, your post gets my vote as the most peerlessly moronic of all. You should be proud of this; some of the posts here have been really dim.

Leave forex now. Trade it and you will lose all your money at a speed that will leave you breathless with shock. You lack even the most basic level of intelligence required to survive for more than a day in the markets.

  • #2,496
  • Sep 29, 2010 2:01pm Sep 29, 2010 2:01pm
And I thought u were gonna b tough on the little guy. Sad to see u loosing touch
  • #2,497
  • Sep 29, 2010 2:10pm Sep 29, 2010 2:10pm
Quoting wickstedFX
Hi

Intersting thread, but I am unclear on what your strategy is to enter a trade. Do you have any enter / exit instructions.

Thanks

Tim
I am not falling for this one ... gotta be a wind-up

My guess it is Scoobs using a different name & machine to wind Steve up .... like it
  • #2,498
  • Sep 29, 2010 3:00pm Sep 29, 2010 3:00pm
Quoting macman
I am not falling for this one ... gotta be a wind-up

My guess it is Scoobs using a different name & machine to wind Steve up .... like it
not me, i wouldnt do that to my mate Steve.

Scoobs.
  • #2,499
  • Sep 29, 2010 3:16pm Sep 29, 2010 3:16pm
Hehe. I did check on The Dimwits previous posts to make sure it was not a wind-up. Even I did not actually think anybody could be so stupid.

Nope, this nitwit is for real. An astonishing number of his posts begin the same way.

It turns out that someone really can be this stupid.

Wow. I am impressed. New records are being set here.

  • #2,500
  • Sep 29, 2010 4:21pm Sep 29, 2010 4:21pm
Quoting SteveHopwood
Hehe. I did check on The Dimwits previous posts to make sure it was not a wind-up. Even I did not actually think anybody could be so stupid.

Nope, this nitwit is for real. An astonishing number of his posts begin the same way.

It turns out that someone really can be this stupid.

Wow. I am impressed. New records are being set here.

Steve I just thought this was you posing as an imposter to see if you could get me to say something.
2 traders viewing now