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Nb 10.0 trend trading system

  • #1,761
  • May 14, 2012 2:26am May 14, 2012 2:26am
It is one thing to debate and argue about things in threads that are set up for that but I am not going to tolerate that stuff here. As long as you are here to trade and stay on subject you have no fear about me. I actually am very patient especially with new traders. They are not the problem. You dont have to agree with any trade I do but we are here to trade and we are going to stay on subject here. So feel free to ask about trades and the system etc. But the personal attacks, you are gone.
  • #1,762
  • May 14, 2012 2:48am May 14, 2012 2:48am
OK the EURO news could get real ugly this week, if it does they may not prop it up anymore so get those euro sells geared up. To double your profits look for which pairs will go up, the CHF would be the best pair if SNB steps aside and lets the CHF appreciate, if it doesnt then JPY and USD would be your best bets. Just follow the angle of that slope it will tell the story.

A side affect of all this maybe the aud and nzd will not continue to dive. Very intriguing times and really good test of the system. What side of the pivots is price action on and how steep is the slope. Those two things will tell the story.

IF the EUR slides it will affect the GBP along with it though it wont drop as much as the EUR. Just some trading thoughts for the week and what to look for.
  • #1,763
  • May 14, 2012 2:52am May 14, 2012 2:52am
Quoting nanningbob
OK the EURO news could get real ugly this week, if it does they may not prop it up anymore so get those euro sells geared up. To double your profits look for which pairs will go up, the CHF would be the best pair if SNB steps aside and lets the CHF appreciate, if it doesnt then JPY and USD would be your best bets. Just follow the angle of that slope it will tell the story.

A side affect of all this maybe the aud and nzd will not continue to dive. Very intriguing times and really good test of the system. What side of the pivots is price action...
OK，Thank you！
  • #1,764
  • May 14, 2012 2:54am May 14, 2012 2:54am
I see a lot of price action at numbers ending in 00 (5digit brokers 000) put your pending sells/buys under/over those types of numbers and see if it goes.
  • #1,765
  • May 14, 2012 2:54am May 14, 2012 2:54am
In EURUSD there is a weekend gap, so if it close price will touch the H4 TMA. I will enter there.
Riding the order flow
  • #1,766
  • May 14, 2012 2:56am May 14, 2012 2:56am
Quoting nanningbob
It was the numbers in light grey on the slope indicator. Sell buy or range. They use that in AL's extreme thread but those figures are based on his system not mine, so we deleted them out.
I'm a bit confused here now. Are you saying that the numbers in light grey on the slope indicator (including the Buy, Sell and Ranging) are not reflecting what the slope is indicating? I thought these were the figures you referred to in the booklets as the ones to use to decide how long to stay in a trade for.
  • #1,767
  • May 14, 2012 3:00am May 14, 2012 3:00am
Quoting nanningbob
I see a lot of price action at numbers ending in 00 (5digit brokers 000) put your pending sells/buys under/over those types of numbers and see if it goes.
Thank you.Or my last proposal, both the exchange of the Forum, there are real-time exchange similar to the QQ group, I think that such progress will be relatively large, that the firm offer for actual combat, QQ group also do not maintain.I am overall waiting at the Forum.
  • #1,768
  • May 14, 2012 3:50am May 14, 2012 3:50am
Quoting nanningbob
gbp thoughts, this one is all over the place with ranges UT, Range and possible DT.
gbp/usd, Just crossed the monthly pivot and below the weekly pivot so I would look for sells
gbp/jpy is below both pivots but has been ranging with a bias to the sell side. So I would look to sell.
gbp/chf and gbp/nzd is in a strong UT, but will it continue with other gbp showing sell bias. I would still stay with buys on the dips.

gbp/cad just broke weekly pivot. Watch the monthly mid pivot on the daily chart if it breaks there it could be switching trends...
Hi Bob
Grateful if you could help a newbie. I notice though that the TMA slopes are if anything neutral especially on the GBP/JPY and GBP/CHF. Am I right in thinking these need to show better direction as well ?

Cheers

Chuck
  • #1,769
  • May 14, 2012 3:58am May 14, 2012 3:58am
Quoting nanningbob
OK some things to look for:
aud/cad
aud/chf
aud/jpy
aud/usd
nzd/chf
nzd/usd
nzd/jpy

All of these are below the monthly pivot and clear DT on the daily charts. Look for them to have to come back above the 3MA lines and some may even move above the weekly pivot on the 4H chart.....
NB - Hi. I stumbled across you in the Choros System thread awhile back. I finally got round to reading through your material here, and I just wanted to say that you - and all your assistants - have done some very thorough and impressive work, especially with the TMA Slope Indicator - that's some very creative chart work.
Also, I'm sure that updates like the one quoted above are very helpful to people trying to implement your system.
Applause,
Jack
Writer, currency trader, madman
  • #1,770
  • May 14, 2012 4:17am May 14, 2012 4:17am
Quoting Chuckyisback
Hi Bob
Grateful if you could help a newbie. I notice though that the TMA slopes are if anything neutral especially on the GBP/JPY and GBP/CHF. Am I right in thinking these need to show better direction as well ?

Cheers

Chuck
Yes you should. I do look for bias though. Which means if Price action is below both the monthly and weekly pivot and the bars are below the 0 line but above the -4 line. I have what I call bear bias. The gbp/jpy is at that mark now. So if anything if you wanted to trade it the best bet would be a sell. But I would wait later in the week to see if it develops more downward direction. So I post it that way so you can see and look for trades to develop and then plan your entrance. If it goes above the weekly but is below the monthly pivot, that is no man's land and you really need to wait for a trade to develop. So my opinion on the gbp/jpy is I see sell bias forming and if it goes that way plan a sell trade. If it goes up then it is nothing for now. That is how I see these indicators working in conjunction with each other. Did I explain that in a way you could understand??
  • #1,771
  • May 14, 2012 4:19am May 14, 2012 4:19am
thanks bob for this great work on 10.2 Tma system it has helped me greatly.
I have a little problem which if fixed could make the 10.2 Tma slope indicator very accurate.
The indicator repaints as it nears the zero line so that parts of the histogram which were above just a few minutes ago are now below it and vice versa .can this be fixed,
Thanks man and know you are helping a great mass of traders.
  • #1,772
  • May 14, 2012 4:23am May 14, 2012 4:23am
Quoting Pips4Fun
I'm a bit confused here now. Are you saying that the numbers in light grey on the slope indicator (including the Buy, Sell and Ranging) are not reflecting what the slope is indicating? I thought these were the figures you referred to in the booklets as the ones to use to decide how long to stay in a trade for.
Yes they do that but I did not set them. They were set for AL's system. Now if they automatically convert when I changed the numbers then I guess it would work with mine. I have never used them in my system or its development that is why in the update I took them out. However, if you find them helpful and they change with my system then you can keep them. I just need you to know that I have never used them and never saw them on my blue screen light grey on blue. I didnt even know they existed until Frank asked me if I wanted them out. So that is how it happened. I didnt know they were there. The figures in the book were the lines that I was using and I just visualized them on the screen. I know it may seem crazy but on my light blue screen I never saw those numbers there until Frank pointed them out. So if you find them helpful let me know I dont think it is a big deal to keep them in especially if they match with my system.
  • #1,773
  • May 14, 2012 4:36am May 14, 2012 4:36am
Sorry I would like to correct a statement in my last post. My very first backgrounds in my testing were a light gray and i never saw those numbers. I later changed to a light blue background and I did not notice them there until Frank told me about them.
  • #1,774
  • May 14, 2012 4:41am May 14, 2012 4:41am
Quoting nanningbob
Yes you should. I do look for bias though. Which means if Price action is below both the monthly and weekly pivot and the bars are below the 0 line but above the -4 line. I have what I call bear bias. The gbp/jpy is at that mark now. So if anything if you wanted to trade it the best bet would be a sell. But I would wait later in the week to see if it develops more downward direction. So I post it that way so you can see and look for trades to develop and then plan your entrance. If it goes above the weekly but is below the monthly pivot, that is...
Fantastic Bob, much appreciated.
  • #1,775
  • May 14, 2012 4:48am May 14, 2012 4:48am
Quoting nanningbob
Yes they do that but I did not set them. They were set for AL's system. Now if they automatically convert when I changed the numbers then I guess it would work with mine. I have never used them in my system or its development that is why in the update I took them out. However, if you find them helpful and they change with my system then you can keep them. I just need you to know that I have never used them and never saw them on my blue screen light grey on blue. I didnt even know they existed until Frank asked me if I wanted them out. So that is...
OK. I use a black background (it was a bit of work switching colours around) so I have been seeing and using those figures right from the outset, and assuming they were the ones you were referring to all the time!. Funny, but I have not even been correlating them with the lines, so I don't know if they have been co-incident with them or not.

Because they are so prominent and easy to read at a glance, I think it would be a good idea to keep them - of course, only if they are reflecting the actual slope situation.

I will now start to compare them with the lines so as to see if they do correlate.

Thanks for the clear-up.
  • #1,776
  • May 14, 2012 4:54am May 14, 2012 4:54am
Quoting Pips4Fun
OK. I use a black background (it was a bit of work switching colours around) so I have been seeing and using those figures right from the outset, and assuming they were the ones you were referring to all the time!. Funny, but I have not even been correlating them with the lines, so I don't know if they have been co-incident with them or not.

Because they are so prominent and easy to read at a glance, I think it would be a good idea to keep them - of course, only if they are reflecting the actual slope situation.

I will now start to compare them...
Let me know because if you find them helpful it is easy just to change the color and make them easier seen. I just have not noticed them in my trading so I dont know at this point.
  • #1,777
  • May 14, 2012 5:00am May 14, 2012 5:00am
Quoting nanningbob
Let me know because if you find them helpful it is easy just to change the color and make them easier seen. I just have not noticed them in my trading so I dont know at this point.
I have been using it all along to confirm with the chart, so I am sure they correlate well. I suggest to keep it there for ease of reading.

Thank you Bob for the fantastic system and willingness to help other traders that you don't know at all. Good on you !
  • #1,778
  • May 14, 2012 5:02am May 14, 2012 5:02am
Quoting nanningbob
If it goes above the weekly but is below the monthly pivot, that is no man's land and you really need to wait for a trade to develop.
This is a nuance of the system that I am just appreciating. If it's in the booklets I must have missed it.

I am fascinated by the differences that exist between the Daily and the 4Hour TFs, especially as regards the TMA slope. Please correct me if I'm wrong but I think balancing both is key in the correct application of the total message. My present impression is that the 4H refers more to the present and the immediate future while the Dly reflects more the slightly more distant future. I'd like you to kindly comment on this please.
  • #1,779
  • May 14, 2012 5:29am May 14, 2012 5:29am
Quoting epte
thanks bob for this great work on 10.2 Tma system it has helped me greatly.
I have a little problem which if fixed could make the 10.2 Tma slope indicator very accurate.
The indicator repaints as it nears the zero line so that parts of the histogram which were above just a few minutes ago are now below it and vice versa .can this be fixed,
Thanks man and know you are helping a great mass of traders.
That is because there is no slope so there is nothing to read from the slope indicator. You will just have to wait until price makes a move in one direction or the other for it to be useful. zero is the perfect flat or ranging market.
  • #1,780
  • May 14, 2012 5:32am May 14, 2012 5:32am
Quoting Pips4Fun
This is a nuance of the system that I am just appreciating. If it's in the booklets I must have missed it.

I am fascinated by the differences that exist between the Daily and the 4Hour TFs, especially as regards the TMA slope. Please correct me if I'm wrong but I think balancing both is key in the correct application of the total message. My present impression is that the 4H refers more to the present and the immediate future while the Dly reflects more the slightly more distant future. I'd like you to kindly comment on this please.
It is referred to top down trading in some circles. Look at what is happening on the upper charts and then go to the lower charts to trade. When you see them agree take the trade. So yes balancing or correlating them is a very important key to trading. Once you grasp and understand that truth you are well on your way to being a long term successful trader.

Actually as I trade the system, I only have about a months more experience than you at this point, we are going to pick up nuances and see things we probably have not seen before. This is a very visual system.
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