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Nb 10.0 trend trading system

  • #1,241
  • Mar 8, 2012 7:26pm Mar 8, 2012 7:26pm
Quoting orionhan
Hi Bob, looking forward to your post on the results. If its not too much of a trouble do you mind posting some examples for guidance as well? This two months have really been slow for me, feel as if the system is losing its 'shine'(no offence intended )

to me was 2 mouhts slow no loosing i make the 5.3 % on january an 4.6% on feb

no very bad but i think wiht the the system i can make more in trend time
  • #1,242
  • Mar 8, 2012 8:39pm Mar 8, 2012 8:39pm
Quoting jucaorma
to me was 2 mouhts slow no loosing i make the 5.3 % on january an 4.6% on feb

no very bad but i think wiht the the system i can make more in trend time
Trend trading systems dont do well in ranging markets. You would have done well if you caught the JPY runs but I didnt. The new TMA thread is doing great because TMA is a great system in ranging markets. So right now it will do well. When the markets trend then it will be harder to counter trade with the TMA. Which is basically what is going on there. So if you follow the 10.0 trend or range signals you could TMA trade the range and Trend trade with 10.1. The two systems could compliment each other very well.

Jan. I was about the same and Feb. not as good. March has been good to me though so far.
  • #1,243
  • Mar 9, 2012 4:40am Mar 9, 2012 4:40am
Quoting nanningbob
Trend trading systems dont do well in ranging markets. You would have done well if you caught the JPY runs but I didnt. The new TMA thread is doing great because TMA is a great system in ranging markets. So right now it will do well. When the markets trend then it will be harder to counter trade with the TMA. Which is basically what is going on there. So if you follow the 10.0 trend or range signals you could TMA trade the range and Trend trade with 10.1. The two systems could compliment each other very well.

Jan. I was about the same and Feb....
Bob, are you referring to the 'Extreme TMA System' thread?
  • #1,244
  • Mar 9, 2012 4:47am Mar 9, 2012 4:47am
Quoting orionhan
Bob, are you referring to the 'Extreme TMA System' thread?
yeah. Good thread. Be interesting if using the 5M and/or 15M solves the lagging behind of the TMA in a strong trend. That was the one problem I had with 1.0. We did get nice trades but not as many as I though I would on a 1 hour chart.
  • #1,245
  • Mar 9, 2012 5:21am Mar 9, 2012 5:21am
My results:
December increase was better than I thought 9.5%
Jan. 5.2%
Feb. -4.8% I increased my lot size to a higher level and got burned. I added 700 more dollars to my account to match my new lot sizes so I would stay in ratio of .01 to 500 dollars. I also began to take losses when a trade reached 1% of my account instead of a standard lot size for a SL. What I would do is reduce so it always stayed under 1%. For example if my lot size was .06 I would close .01 or .02. This way I would keep my DD limited to less than 1% on any individual trade at all times. The dip is where I started doing that and now I will see if that prevents having any dips in the future. It also means I never increase my lot size if I try recovery trades. I will do this for several months and see if it is a viable trading approach. The thought is DD is always limited and losses are around one or two tents of my account whenever I take them. That is where you see the dip and losses from Feb. I kind of cleared out my losing trades and I will now run my account using that as my SL. If it works like I am theorizing then any losses you take are usually completely recovered the same day. So from that dip you can see a slow steady rate of increase. So you can see my trading from Dec to now.
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  • #1,246
  • Mar 9, 2012 5:40am Mar 9, 2012 5:40am
Quoting nanningbob
yeah. Good thread. Be interesting if using the 5M and/or 15M solves the lagging behind of the TMA in a strong trend. That was the one problem I had with 1.0. We did get nice trades but not as many as I though I would on a 1 hour chart.
thnaks

could you please put the link of the TMA
  • #1,247
  • Mar 9, 2012 1:44pm Mar 9, 2012 1:44pm
Ever E. Man posted this info in the Extreme TMA thread. Great explanation of how various currency pairs interact.

http://www.forexfactory.com/showthre...43533&page=313

It's all about where the big money managers are comfortable putting their money. Do they gamble on stocks, gold, oil, commodities because they see the economy picking up? Or, do they try to find a safe haven to stash their (clients') dough in, such as bonds, or the USD, JPY, or CHF.

RISK OFF:
Time to look for a safe haven for your money
Expectation of an economic slow down imminent
Stocks sinking, commodities, gold, and oil sinking, commodity currencies, CAD, AUD, NZD, AND CNY all start sinking because of the threat of an economic slow down. Bonds (that look safe), USD, JPN, and CHF all rise because they look safer (safe haven currencies). The VIX, whose value depends on the puts on the S&P, rises as money managers but them for a hedge against portfolio losses.

RISK ON:
Time to invest, to take a chance, to gamble
Expectation of an economic upturn in the next 6-9 months
Stocks rising, commodities, gold, and oil rising, commodity currencies CAD, AUD, NZD, AND CNY all start rising because of the expectation of increased economic activity. USD, JPN, and CHF all stop rising because the money that was parked there for safety is now plowed into assets in hopes of getting a better return. The VIX, VXX etf, drops as the money managers sell their puts and put the money in assets.

So why have assets been rising, which is risk on, if the EUR is in a mess and could collapse? That would take too long to explain...

Basically, everyone is waiting for the other shoe to drop, maybe at the end of 2012 or in 2013. No one can predict that outcome.

It's been risk on for a while, the economy is starting to pick up, albeit very slowly, and media hype is putting a good spin on a solution in Greece.

Al sees a possibility of risk off developing. Al's got the experience and success to back it up, so, I listen to him when he says be cautious about going long the EUR or short the USD.

All that has to happen to go to RISK OFF is that the big guys get spooked! That's all! For whatever reason. And they'll move the market!

Right before that happens, you might be admiring a great setup to buy the EUR or short the USD, not knowing what's in store. Oops!
  • #1,248
  • Mar 10, 2012 8:09am Mar 10, 2012 8:09am
Hi Bob,

are you using TMA on 15M timeframe or higher?

Best regards,basist
  • #1,249
  • Mar 10, 2012 11:18am Mar 10, 2012 11:18am
Quoting basist13
Hi Bob,

are you using TMA on 15M timeframe or higher?

Best regards,basist
I am watching the TMA thread but I think they will have the same problem I did with 1.0 when the market trends. It reacts too slowly to change. I am changing some of the parameters of the TMA so it will react faster then it can be used in a trending market also but need to test some theories. What I would do for now is use the TMA when you see 10.0 read range market and then use S/R for when it trends. That combo maybe real dynamite but wont really know until we get a solid trend again. Just some ideas I have for now. The TMA thread is becoming a scalping thread with the 5M charts and I cant scalp. My time is too limited. So I will be staying with the longer term higher charts for now.
  • #1,250
  • Mar 11, 2012 11:07am Mar 11, 2012 11:07am
Quoting nanningbob
I am watching the TMA thread but I think they will have the same problem I did with 1.0 when the market trends. It reacts too slowly to change. I am changing some of the parameters of the TMA so it will react faster then it can be used in a trending market also but need to test some theories. What I would do for now is use the TMA when you see 10.0 read range market and then use S/R for when it trends. That combo maybe real dynamite but wont really know until we get a solid trend again. Just some ideas I have for now. The TMA thread is becoming...
Hi nanningbob, I've been reading your work at FF with great interest ! You're a very smart guy, I like the way you approach the markets. It's fantastic.

About the Extreme TMA system, it's actually being used in all TFs by lots of traders. I guess Alfredo (the creator of the thread) prefers to scalp the market with it, but people say that they've been using the system in higher TFs, with the same success as on the lower TFs.

Please, mr nanningbob, I think you have a lot to add to that thread, sharing your experience with us there. I know you're busy with your own threads, but please consider my invitation to kindly contribute with your knowledge and wisdom there.

Thank you, Beto.
  • #1,251
  • Mar 11, 2012 6:17pm Mar 11, 2012 6:17pm
Quoting beto21_cwb
Hi nanningbob, I've been reading your work at FF with great interest ! You're a very smart guy, I like the way you approach the markets. It's fantastic.

About the Extreme TMA system, it's actually being used in all TFs by lots of traders. I guess Alfredo (the creator of the thread) prefers to scalp the market with it, but people say that they've been using the system in higher TFs, with the same success as on the lower TFs.

Please, mr nanningbob, I think you have a lot to add to that thread, sharing your experience with us there. I know...
Thank you. My 1.0 was based on the TMA but I tried to make it work in Trending markets when it works best in ranging markets. Because of Al's work I took another look at the TMA and now can see where the problem lies in trending markets. I have a startup theory on how to use TMA in trending markets and am testing that theory now. I dont like to post my ideas unless I have some kind of working model, in other words I have totest it live first and have some success with it. Then the improvements come. I believe I am on to something but need to test it first. In real life problems pop up you dont conceive and that is what I am looking for now.
  • #1,252
  • Mar 12, 2012 4:36am Mar 12, 2012 4:36am
Quoting nanningbob
Thank you. My 1.0 was based on the TMA but I tried to make it work in Trending markets when it works best in ranging markets. Because of Al's work I took another look at the TMA and now can see where the problem lies in trending markets. I have a startup theory on how to use TMA in trending markets and am testing that theory now. I dont like to post my ideas unless I have some kind of working model, in other words I have totest it live first and have some success with it. Then the improvements come. I believe I am on to something but need to test...
nanningbob, I believe you're absolutely correct. Please, feel free to stop by Al's Extreme TMA thread when (and if) you feel comfortable to share with us your way of using the TMA in trending markets. That's the major challenge we're having with it.

Thank you very much for taking my request in consideration.
  • #1,253
  • Mar 12, 2012 9:08am Mar 12, 2012 9:08am
Hi Bob

I was wondering if you have ever tried the 3 sma for determining the trend. The idea is to put a 200 sma, 100 sma and 50 sma on the chart. when they line up in order the market is trending (50 above 100 above 200 for long and reverse for shorts).

Kind regards
  • #1,254
  • Mar 12, 2012 2:12pm Mar 12, 2012 2:12pm
Nanningbob,

I am anxious to try what you come up with. As you have some really rock solid systems going already. As I've discussed with you in PM i am looking to find a scalping systems along those same lines to help me with my trading. I have been following Al's TMA thread and believe it is pretty good but needs the edge in the heavily trending markets as you have stated. I look forward to your posts of the new system and if you need any help please let me know.

TIA
Lionsden
Quoting nanningbob
Thank you. My 1.0 was based on the TMA but I tried to make it work in Trending markets when it works best in ranging markets. Because of Al's work I took another look at the TMA and now can see where the problem lies in trending markets. I have a startup theory on how to use TMA in trending markets and am testing that theory now. I dont like to post my ideas unless I have some kind of working model, in other words I have totest it live first and have some success with it. Then the improvements come. I believe I am on to something but need to test...
  • #1,255
  • Mar 13, 2012 12:20am Mar 13, 2012 12:20am
Quoting astral77
Hi Bob

I was wondering if you have ever tried the 3 sma for determining the trend. The idea is to put a 200 sma, 100 sma and 50 sma on the chart. when they line up in order the market is trending (50 above 100 above 200 for long and reverse for shorts).

Kind regards
Well the 8 MA on a daily is the 200MA on the 1H and the 2MA on the daily is the 50 MA on the 1H, approximately. You are adding the 100 which is a 4 on a daily. I am playing with the 4MA and 2MA ATF dailies on lower charts to give me direction of trend, then on 15M or 5M charts I am using a 3 MA open shifted 2 or 3 EA as a scalping system. So I am testing something close to what you are proposing. I am looking at something that will only take a handful a trades a week but they are very solid and have a point of entrance and exit that lasts about 60-90 minutes. The problem is I have so little time to test it with all that is going on here in China and my school. I have some very major decisions to make in the next few weeks. If you are interested in looking at the base idea and playing with it send me an email and I will show you the original package and then we can chat about adjustments.
  • #1,256
  • Mar 13, 2012 7:01am Mar 13, 2012 7:01am
Quoting nanningbob
...If you are interested in looking at the base idea and playing with it send me an email and I will show you the original package and then we can chat about adjustments.
Thanks very much for your reply. I have sent you an email. As it happens I have some free time which I can devote to testing your idea.
Kind regards
  • #1,257
  • Mar 23, 2012 3:40am Mar 23, 2012 3:40am
This month performance based on 10.1 breakout system,thanks a lot Bob for providing us such a system to trade with confidence
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  • #1,258
  • Mar 23, 2012 5:09am Mar 23, 2012 5:09am
Quoting anandanmath
This month performance based on 10.1 breakout system,thanks a lot Bob for providing us such a system to trade with confidence

With that kind of success please post more often.
  • #1,259
  • Mar 23, 2012 5:23am Mar 23, 2012 5:23am
Quoting nanningbob
With that kind of success please post more often.
Sure I will Keep posting with the snaps of my trade setups,and as a newbie still making many mistakes and learning from those mistakes....this weekend i will post my trade setups so that it can be reviewed
  • #1,260
  • Mar 23, 2012 5:55am Mar 23, 2012 5:55am
Dear Bob,

Below are my detailed trades for the month of march,actually those profits were made out from an investment of $100 and its live account from TDFX...actually i wanted to go with 0.01 lot size as u suggest but unfortunately TDFX offers 0.05 as a minimum lot size that can be traded....here by i would like to place my sincere thanks for showing us the potential of higher timeframes and also to see the chart with clarity
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