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Nb 10.0 trend trading system

  • #2,301
  • May 22, 2012 6:21am May 22, 2012 6:21am
Quoting Binyamin
I just got out for a small of -15 pips from a short of EURJPY because price seems to be staying above the weekly pivot. Is it a bad choice? I will find out soon enough.
To bail out small and reenter later is never a bad choice. I have done at times just to see price go 100 pips ....................... I have seen it go both ways so ...... choose your poison. As the week develops it will be easier to trade I think but we see price going back and forth across the pivot is showing a lot of indecision right now. Like price can think and make choices. huh?
  • #2,302
  • May 22, 2012 7:26am May 22, 2012 7:26am
Nice EU srf trade against the WP
  • #2,303
  • May 22, 2012 7:33am May 22, 2012 7:33am
Quoting cmeade2
Nice EU srf trade against the WP
I'm with you.
Enter Signature
  • #2,304
  • May 22, 2012 7:58am May 22, 2012 7:58am
I had intended to whip out a 10.2 dashboard, but have been sidelined by a couple other things requiring my immediate attention. I'll eventually come back to it, but I know there are others here working on dashboards.

If you can use them, attached, please find 10 audio clips you can use if you would like to include audio alerts in your indicators for this system. There are clips for the buy and sell sides of the various 10.2 trade types:

- Daily Trend
- H4 Trend
- Pivot Retrace
- Hourly Trend
- Hourly Range

I realize audio can be annoying but some people like them.

Attached File(s)
File Type: zip NB Audio Alerts.zip   523 KB | 484 downloads
  • #2,305
  • May 22, 2012 8:19am May 22, 2012 8:19am
Quoting Vanatur
Hi Kelisa,

EU crossed weekly pivot without stopping. May it be a sign of returning to major trend. Your thoughts please.
Returning of major trend? I would wait till price reject the pivot before deciding that. As of now, I guess scalping down and up or playing SRF with tight SL would be fine.

As the price pierce thru pivot earlier, there were already 2 waves down, and now its creeping up to pivot again.

I shorted it earlier with but price came back and hit me at BE. Will wait for another set up.
  • #2,306
  • May 22, 2012 8:43am May 22, 2012 8:43am


I thought to drop by and say hello Bob..
nice signature by the way.. lol
  • #2,307
  • May 22, 2012 9:12am May 22, 2012 9:12am
Totally forgot to check for news release. Entered a good retrace up for a short, suddenly got hit by the train. Closed with -22pips!! Gosh!

I am done for the day.
  • #2,308
  • May 22, 2012 9:20am May 22, 2012 9:20am
OK the EU is at the WP and the H4 tma slope is buy only.

Follow through?
  • #2,309
  • May 22, 2012 9:29am May 22, 2012 9:29am
Quoting cmeade2
OK the EU is at the WP and the H4 tma slope is buy only.

Follow through?
It rejected pretty hard at the monthly support 2. I have a sell order placed at 1.2725 which is mid pivot between MS2 and MS3. Still not ready to put a buy in with the EURUSD.
  • #2,310
  • May 22, 2012 9:32am May 22, 2012 9:32am
Quoting Jemook
It rejected pretty hard at the monthly support 2. I have a sell order placed at 1.2725 which is mid pivot between MS2 and MS3. Still not ready to put a buy in with the EURUSD.
Right but it could run back up there for about 40 pips and not violate anything.
  • #2,311
  • May 22, 2012 10:03am May 22, 2012 10:03am
Quoting cmeade2
Right but it could run back up there for about 40 pips and not violate anything.
I put a short in just now at the pivot, super tight SL. More of a punt really.
  • #2,312
  • May 22, 2012 10:10am May 22, 2012 10:10am
Quoting Vanatur
Hi everybody, To Nbob and other experienced traders. Do you supplement your trading decision with other sources or you base it solely on NB 10.2 readings? If yes, would you please share. Thanks.
I supplement my trading with base fundamentals if they are at play. If not I use my indicators and follow them. I mean following the slope or direction of PA is pretty much what we do here. Supplemented by the pivots, S/R for entrances and TP and SL areas.
  • #2,313
  • May 22, 2012 10:18am May 22, 2012 10:18am
Quoting Jemook
I put a short in just now at the pivot, super tight SL. More of a punt really.
It was debating whether to go up, but it looks like you made the right call.

Notably it also crossed 5.1 MA on the H1 at 1.2756 with a sell only on the TMA slope.
  • #2,314
  • May 22, 2012 10:29am May 22, 2012 10:29am
Bob

OK, I finally got the EA to work on an open screen. But I can't get it to work if I move to another profile in MT4.

Looking at the terminal message window I see something like

10.2 5.1 MA buy any TF initialized

when I put the EA on the chart.

But if I move to another profile in MT4, the following message comes up

10.2 5.1 MA buy any TF deinitialized

which presumably means the EA is not working anymore.

Correct?
  • #2,315
  • May 22, 2012 10:31am May 22, 2012 10:31am
Quoting cmeade2
It was debating whether to go up, but it looks like you made the right call.

Notably it also crossed 5.1 MA on the H1 at 1.2756 with a sell only on the TMA slope.
I closed it for +20 pips. I'm pretty down pips wise so far this week on open trades. Currently have the following open:

SHORT AUDJPY -110 (a real stinka!)
SHORT NZDUSD -50 (crossed the WP down, let's see if it continues
SHORT USDJPY -70 (waiting to short again at R1, if signal comes)
LONG USDCAD -60 (gotta go up soon no?!)
  • #2,316
  • May 22, 2012 11:04am May 22, 2012 11:04am
Quoting Jemook
I closed it for +20 pips. I'm pretty down pips wise so far this week on open trades. Currently have the following open:

SHORT AUDJPY -110 (a real stinka!)
SHORT NZDUSD -50 (crossed the WP down, let's see if it continues
SHORT USDJPY -70 (waiting to short again at R1, if signal comes)
LONG USDCAD -60 (gotta go up soon no?!)
+25 pips so far on that H1 5.1 cross
  • #2,317
  • May 22, 2012 11:15am May 22, 2012 11:15am
I just closed my 2nd NZDUSD short for +40 and then also closed the 1st NZDUSD SHORT for -18 .. so +22 on that sucker.

Closed EURUSD SHORT trade for +46.
Closed AUDUSD SHORT for +46.

Also opened a 2nd USDCAD LONG for +16. Will leave this one open.

So clawing back my losses now. If I had set stops on the losing trades they would have all been stopped out. But leaving a v. large stoploss let me stay in the trade. My prediction is this week started a bit crappy but is going to end great. Let's see.
  • #2,318
  • May 22, 2012 11:40am May 22, 2012 11:40am
Quoting Jemook
My prediction is this week started a bit crappy but is going to end great. Let's see.
I agree - lots of sideways movement and retracing going on. Back in to the trend please market.....
  • #2,319
  • May 22, 2012 12:04pm May 22, 2012 12:04pm
Quoting Jemook
I just closed my 2nd NZDUSD short for +40 and then also closed the 1st NZDUSD SHORT for -18 .. so +22 on that sucker.

Closed EURUSD SHORT trade for +46.
Closed AUDUSD SHORT for +46.

Also opened a 2nd USDCAD LONG for +16. Will leave this one open.

So clawing back my losses now. If I had set stops on the losing trades they would have all been stopped out. But leaving a v. large stoploss let me stay in the trade. My prediction is this week started a bit crappy but is going to end great. Let's see.
Its nice to trade multiple pairs that are not correlated.
Riding the order flow
  • #2,320
  • May 22, 2012 12:11pm May 22, 2012 12:11pm
Quoting Binyamin
Its nice to trade multiple pairs that are not correlated.
True. In saying that I do like to focus on AUDUSD, EURUSD and EURAUD at the same time because I love watching their correlation.
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