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Nb 1.0 trend trade system

  • #441
  • Jan 9, 2011 2:56pm Jan 9, 2011 2:56pm
Quoting duffypratt
...They show very good results over the last year and half on three pairs: EU, EJ, and USDDKK. ...
eu is usddkk, just mirrored. the dkk is pegged to the eur.
meine augen sind die sterne
  • #442
  • Jan 9, 2011 3:35pm Jan 9, 2011 3:35pm
Quoting Nestor
Bob, thank you very much for your all contributions. I have a confusion point about 5+5 MA. In your text (1. message) you said that this is smoothed MA but in one message that LWMA. Which one?
If you're referring to my post, then ignore it please. Just learn the system as Bob explains it. I just saw someone comparing the 2 over in Steve's autotrader and they may use it because of the greatly reduced impact on the CPU when running Steve's EA.

Again, if it's not in Post 1 Page 1, then it's all speculation
  • #443
  • Jan 9, 2011 4:01pm Jan 9, 2011 4:01pm
Quote
There is one major problem with your argument and that is this, a note from one trader but I probably have gotten hundreds of them over the years

You getting notes from hundreds of traders has nothing whatsoever to do with my argument. If that is the "one major problem with" my argument, then I feel pretty good about it.

Quote
Now I have more winners than loosers.

I know what "winners" are, but what are "loosers"?

Regardless, I am truly happy for you.

Quote
You think a system will fail because you think that if an indicator has a weakness it cant be used.

If you actually read my posts you would know I never said this and I certainly do not think this way.

I stand by my statements in this post: http://www.forexfactory.com/showpost...&postcount=414

and wish you much success with your strategy.
  • #444
  • Edited 5:38pm Jan 9, 2011 4:32pm | Edited 5:38pm
Good idea
Quoting zznbrm

It would probably be best if nanningbob simply banned me from the thread. On second thought, it makes more sense that I do not post anymore. I've made my point...so has nanningbob.
  • #445
  • Jan 9, 2011 6:14pm Jan 9, 2011 6:14pm
Quoting todd960960
Good idea
Originally Posted by zznbrm http://cdn.forexfactory.com/images/buttons/viewpost.gif

It would probably be best if nanningbob simply banned me from the thread. On second thought, it makes more sense that I do not post anymore. I've made my point...so has nanningbob.
Ditto Todd
  • #446
  • Jan 9, 2011 6:50pm Jan 9, 2011 6:50pm
Quoting aserbfx
eu is usddkk, just mirrored. the dkk is pegged to the eur.
I didn't know that. Thanks for the info. It's curious then how my broker, MBTrading offers both for trading, at different spreads.

On the larger time frames, they pairs do seem to exactly mirror each other. On the smaller time frames, there start to be subtle differences. And on the one minute chart, there seem to be some more pronounced differences. I don't understand how this works, or why there would even be a trading market for a currency that is pegged to another. Learn something new about this business every day.
  • #447
  • Jan 9, 2011 8:27pm Jan 9, 2011 8:27pm
Quoting duffypratt
I didn't know that. Thanks for the info. It's curious then how my broker, MBTrading offers both for trading, at different spreads.

On the larger time frames, they pairs do seem to exactly mirror each other. On the smaller time frames, there start to be subtle differences. And on the one minute chart, there seem to be some more pronounced differences. I don't understand how this works, or why there would even be a trading market for a currency that is pegged to another. Learn something new about this business every day.
Even though they may mirror each other and one is based on the other, their daily exchange and trades in business, govt., etc. would not be exactly the same. So as trades between the two currencies happen this would be different. but overall long term they would be about equal.
  • #448
  • Jan 9, 2011 10:11pm Jan 9, 2011 10:11pm
Just entered UJ long at 83.11. Will post result when it happens. Probably tomorrow morning.
Attached Image (click to enlarge)
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  • #449
  • Jan 9, 2011 10:45pm Jan 9, 2011 10:45pm
OK USD/JPY and GBP/USD look good as trades. I would also watch the aud/usd as a weak maybe. Will check in before the USA open see how things develop.
  • #450
  • Jan 10, 2011 3:32am Jan 10, 2011 3:32am
hi guys , could someone give a comment about this trade, i am new to this system
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
Help to be helped.
  • #451
  • Jan 10, 2011 3:46am Jan 10, 2011 3:46am
Quoting Lazar83
hi guys , could someone give a comment about this trade, i am new to this system
Hi Lazar...I'm very new to this method, so.... but I don't think that was a short trade. I think you need to wait for price to touch/nearly touch the higher (red) tma band, and then take the trade if/when price breaks the 5 MA. Sure that others will correct me if I am wrong.

freddi
  • #452
  • Jan 10, 2011 3:54am Jan 10, 2011 3:54am
Quoting Lazar83
hi guys , could someone give a comment about this trade, i am new to this system

Lazar, why did you enter this trade? When trading short, TMA needs to be below the 240ma (which is the case here) but the price needs to come back above the upper TMA band (the red one). I suggest rereading NB's manual, if the instructions are difficult to follow(not sure how that can be though) then look at the visual examples.
  • #453
  • Jan 10, 2011 3:58am Jan 10, 2011 3:58am
Quoting nanningbob
OK USD/JPY and GBP/USD look good as trades. I would also watch the aud/usd as a weak maybe. Will check in before the USA open see how things develop.
I've entered usd/jpy gbp/usd as well with steve manual Ea.
I'm using the stop loss with half swing as suggested by duffy, actually the trade is running for +8 and +42 pips.

Tp is set on the tma opposite site.
We'll see
  • #454
  • Jan 10, 2011 4:34am Jan 10, 2011 4:34am
Did anyone tried this method on Oil, Gold, Copper or FUS500? I'm wondering is it the ultimate solution for all charts. I traded Oil and Copper a few times and sometimes it was realy big pips' harvesting.
misiek
  • #455
  • Jan 10, 2011 4:40am Jan 10, 2011 4:40am
Quoting maninjapan
Lazar, why did you enter this trade? When trading short, TMA needs to be below the 240ma (which is the case here) but the price needs to come back above the upper TMA band (the red one). I suggest rereading NB's manual, if the instructions are difficult to follow(not sure how that can be though) then look at the visual examples.
thats the problem , i didnt enter by myself.Sell Ea activated this trade,and i am trying to see why did he activated .i didnt see trigger for that i forgot to turn EA baton off last night
Help to be helped.
  • #456
  • Jan 10, 2011 4:40am Jan 10, 2011 4:40am
Quoting Lazar83
hi guys , could someone give a comment about this trade, i am new to this system
Unless you riding a strong USD or very weak EURO this trade has nothing to do with the system. Go read the rules again.
  • #457
  • Jan 10, 2011 5:25am Jan 10, 2011 5:25am
Quoting nanningbob

9. An experienced trader gives a warning why this system will not work and why you are wasting your time using it. You can read and decide for yourself. P. 28 post 431.
Hi Bob
You are so HONEST MAN
I'm not a programmer and i don't like ! , but only I try to catch my view !
  • #458
  • Jan 10, 2011 5:37am Jan 10, 2011 5:37am
In regards to the alerts of the TMA Indicator, at the moment although I'm working from home I tend to rely on the Audio alerts (sometimes the email notification) of the TMA bands to bring my attention to the chart.

Now, when I'm scanning for a potential set-up and thinking to myself, hmm if say the eur/usd was in a strong downward move, then i'm looking for a touch of the upper TMA to confirm a nice set-up.

However, during the move the chances are it hugs the bottom band setting of the alert mostly false (bottom band).

It would be nice, if the TMA code be altered as a setting to specificy which band you want to the audio / email alert. i.e only notify me via audio/email if the upper band is touched and vice-versa for the reverse move.

Upper Band Alert (Downtrend)
Lower Band Alert (UpTrend)
Both Band's (Flat Market)


This way we could scan a lot of charts early in the sessions and hand pick which set-ups were waiting for, then when we do get an alert, the chances are it's a valid set-up.

Just an idea??

(And I do apologise if the TMA already has this functionality, I cant seem to find it lol)

Cheers.
  • #459
  • Jan 10, 2011 5:39am Jan 10, 2011 5:39am
Hi All

Some doubt here.

Is this a viable trade? As the 5MA is below the blue TMA.

I am planning to activate for short setup.

Thanks
Ian
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 27 KB
  • #460
  • Jan 10, 2011 5:56am Jan 10, 2011 5:56am
Quoting mallim
Hi All

Some doubt here.

Is this a viable trade? As the 5MA is below the blue TMA.

I am planning to activate for short setup.

Thanks
Ian

Based on the rules of the system you should be entering that trade
I am so out of date that I have not yet caught the Millennium Bug.
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