Nb 10.0 trend trading system | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

HYBRID: trading system within a trading system 31 replies

Trend Manager Trading System 153 replies

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

trading system opposite to trend 1 reply

hksweeper's Trading Journal - Reaction Trend System 20 replies

Attachments: Nb 10.0 trend trading system
Exit Attachments

Nb 10.0 trend trading system

  • #901
  • Jan 3, 2012 2:44am Jan 3, 2012 2:44am
Quoting veane
HI kelisa ,

i am new to BOB system. I am confuse by your trades on GBPJYP and UJ . Its seem that the daily should be look to buy rather than to sell as the blue MA is above the Red.(Accordint to GMT 0000 Chart)

The reasons for your trades might be that u decide to follow on lower time frame MAs trend signal and places trade on H4 supports.

OR u seem that the trend on the daily is RAnging thus u pending BO trades.

Hope you can guide me along on your trades u post with your snapshots

Cheers

As for this GBPJPY pair, I was anticipating the PA to drop due to several factors:

A. H4 candles unable to break resistance, and Blue line converging towards red.

B. RWB lines all clustered together at 90% zone.

I prefer to use H4 for certain pairs as they are more accurate. Smetimes I toggle between H1 and H4 to see which have clearer view, in terms of those lines and indis.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy2312.gif Size: 155 KB
  • #902
  • Jan 3, 2012 2:46am Jan 3, 2012 2:46am
For the above, if yo look at the RED MACD line on H4, its high probable it should bounce down soon.
  • #903
  • Jan 3, 2012 2:47am Jan 3, 2012 2:47am
Also, if you look into H1, you can see pa is ranging a while, indicating a BO would happen soon.
  • #904
  • Jan 3, 2012 2:56am Jan 3, 2012 2:56am
Quoting nanningbob
Nice trades Kelisa, things of beauty are they not??
this trade was also experimental, as I based the order on H1 ranging(pending for a BO), H4 unable to break resistance fora while, and RWB over 90% zones, especially when u observe on H4.

I see alot of perfect swings on H4 tf with the Red MACD, plus Black and Blue very close together.
  • #905
  • Edited 4:21am Jan 3, 2012 3:57am | Edited 4:21am
Quoting AlanJ
This may be what you are looking for.
thanks very much.

Today I place an buy order above the S/R line at price 1.5580. tp is D1R1 1.5750 and sl is the 2Ma blue line 1,5501.
Though the daily 2Ma blue is under 8Ma red, but the H4 light blue slow sto line and black fast sto line already cross up red MACD line. So I think it is a retrace.
Am I right?
Attached Image
  • #906
  • Jan 3, 2012 5:08am Jan 3, 2012 5:08am
Quoting aacd_1
thanks very much.

Today I place an buy order above the S/R line at price 1.5580. tp is D1R1 1.5750 and sl is the 2Ma blue line 1,5501.
Though the daily 2Ma blue is under 8Ma red, but the H4 light blue slow sto line and black fast sto line already cross up red MACD line. So I think it is a retrace.
Am I right?
What currency pair are you trading? I would like to look at the big picture but if you are trading off of the MACD/STO 4H that would look good.
  • #907
  • Edited 7:02am Jan 3, 2012 5:12am | Edited 7:02am
Quoting nanningbob
What currency pair are you trading? I would like to look at the big picture but if you are trading off of the MACD/STO 4H that would look good.
Sorry, it's GBPUSD.

And does anyone know how to write code to describe sto line cross macd line? I would add this to steve's EA.
  • #908
  • Jan 3, 2012 8:55am Jan 3, 2012 8:55am
Quoting aacd_1
Sorry, it's GBPUSD.

And does anyone know how to write code to describe sto line cross macd line? I would add this to steve's EA.
The code is not difficult just have the sto cross the MACD in your coding.
Make Var1 the Sto, Var2 the MACD and then write Var1>Var2 buy etc.


The problem is the STO is a very active line and will cross and uncross many times during a candle so it doesnt make a good EA.
  • #909
  • Jan 3, 2012 9:14am Jan 3, 2012 9:14am
Quoting Kelisa
this trade was also experimental, as I based the order on H1 ranging(pending for a BO), H4 unable to break resistance fora while, and RWB over 90% zones, especially when u observe on H4.

I see alot of perfect swings on H4 tf with the Red MACD, plus Black and Blue very close together.
Yes that indicator works very well but with all indicators there is one major weakness. That is over riding fundamental news. No matter what my indicators are saying I have been selling the EURO for the last several months. I may take a look at what happens in January but so far Europe has not shown anything to stop its dive. I do think it may take a breather here soon so I am getting a little leery of my Euro sells. Knowing the weakness of an indicator or system is actually better knowledge than knowing its strengths.
  • #910
  • Jan 3, 2012 9:17am Jan 3, 2012 9:17am
Quoting aacd_1
Sorry, it's GBPUSD.

And does anyone know how to write code to describe sto line cross macd line? I would add this to steve's EA.
The beauty of the gbp/usd is it has been in a nice range for 3 years now. It is in a long term slow DT and has just approached a major weekly support line. It will be interesting to see if it breaks through or bounces back up. Generally the pound and Euro walk hand and hand with each other. So the pound is dragged down by the Euro. Be interesting to see if it can decouple from the Euro if the EURO keeps going south.
  • #911
  • Jan 4, 2012 2:32am Jan 4, 2012 2:32am
Quoting nanningbob
Yes that indicator works very well but with all indicators there is one major weakness. That is over riding fundamental news. No matter what my indicators are saying I have been selling the EURO for the last several months. I may take a look at what happens in January but so far Europe has not shown anything to stop its dive. I do think it may take a breather here soon so I am getting a little leery of my Euro sells. Knowing the weakness of an indicator or system is actually better knowledge than knowing its strengths.
..and also fundimentals overrides any indis....
  • #912
  • Jan 4, 2012 4:27am Jan 4, 2012 4:27am
Quoting nanningbob
The code is not difficult just have the sto cross the MACD in your coding.
Make Var1 the Sto, Var2 the MACD and then write Var1>Var2 buy etc.


The problem is the STO is a very active line and will cross and uncross many times during a candle so it doesnt make a good EA.
That' seems not so easy. Stoch value between 1--100 and macd value just a bit above or under 0.
there should a way to calc and let the macd value place 0--100 to match stoch value.

Now I found AUDUSD H4 pic, fast and slow sto line cross down macd red signal line. It means a change of direction?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.JPG Size: 80 KB
  • #913
  • Jan 4, 2012 5:31am Jan 4, 2012 5:31am
hi,Bob, I catch another short EURUSD at 1.3070, the red 8MA line.
Thank You.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.JPG Size: 62 KB
  • #914
  • Jan 4, 2012 6:41am Jan 4, 2012 6:41am
Quoting aacd_1
That' seems not so easy. Stoch value between 1--100 and macd value just a bit above or under 0.
there should a way to calc and let the macd value place 0--100 to match stoch value.

Now I found AUDUSD H4 pic, fast and slow sto line cross down macd red signal line. It means a change of direction?
Yes that is what it means unless price goes up again. What you look for is whether the blue follows the black line. If it doesnt and only the black line goes down then that is a trend continuation read. You will see the blue stay at the top and price shoot higher. The read between the two lines is if there is not enough momentum to force the blue line down then price will most likely continue up. Notice in the previous black dips how it went to the bottom or halfway point and blue did not follow. Price then continued up or stagnated.
  • #915
  • Jan 5, 2012 4:24am Jan 5, 2012 4:24am
...hints from NB on Eu and Gu continues to slide. Those who picked up the hint, will pick up some pips. cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu0501.gif Size: 26 KB
Click to Enlarge Name: gu0501.gif Size: 88 KB
  • #916
  • Jan 5, 2012 4:27am Jan 5, 2012 4:27am
eu slides also due to bad german employment news.
  • #917
  • Jan 5, 2012 10:14am Jan 5, 2012 10:14am
EU still free falling to 1.27...

..I just wonder how low b4 they come with some +ve

announcements.
  • #918
  • Jan 5, 2012 11:58am Jan 5, 2012 11:58am
EU is now entering territories that don't have any daily S/R, I suppose the way of trading is still the same eh?

I just want to take the chance to say thank you to NNbob for his effort and all those in this thread that have contributed. It's absolutely amazing.
Riding the order flow
  • #919
  • Jan 5, 2012 3:47pm Jan 5, 2012 3:47pm
Hey all,

Just a quick question to see how you guys are handling anything euro related, as we have no daily support lines, eg on the EU, the EG, and the EY, particularly aiming this q at Bob, and Kelisa.
Attached Image (click to enlarge)
Click to Enlarge Name: eg.gif Size: 25 KB
  • #920
  • Jan 5, 2012 4:27pm Jan 5, 2012 4:27pm
Quoting heebbyjeeby
Hey all,

Just a quick question to see how you guys are handling anything euro related, as we have no daily support lines, eg on the EU, the EG, and the EY, particularly aiming this q at Bob, and Kelisa.
Hi,

Set the "DaysBack" parameter to 600 (yes, 600), then you'll get D1 support S1 and S2 at 1.27778 and 1.27336 respectively. Price is in fact just resting above that level right about now...
0 traders viewing now