You are right, some clever clogs in fxsol has figured out a way to increase profits by changing the way they charge swap fees. I am going to email FSA and complain, they will know for sure if something underhand is being down. It is logical to say ...

Nanningbob 4h trading system ver. 5.0

It is nice when recovery works the way it is supposed to. I have learned the hard way to keep my greed in check and you are correct after recovery either brekeven or a very small profit is a good result and one should not tempt fate too much. The ...

NanningBob Study Club

We all have an idealistic view of working for big financial institutions because of headline news regarding big fat pay cheques and bonuses. On the flip side as you mentioned it is a highly stressful environment and office politics has a new ...

NanningBob Study Club

We are talking long term. Scooby gave us the figuers and expectations in a commercial environment, I can not recall the exact figures, but I think he mentioned that if a professional trader makes 65% per annum he is considered to be very successful ...

NanningBob Study Club

It is a shame — It is a shame when brokers are not satisfied with making straight honest profit and choose to resort to underhanded methods to take money from their customers. I and a number of other traders opened an account with these people ...

Fxsolutions UK/AU

I suppose we are aiming to be where you are now. I would say any system which consistently gives a return of 10% per month is a fantastic system. Expectations of 30% or 50% per month is unrealistic and although some systems may produce that in the ...

NanningBob Study Club

BOB You have revolutionized my trading mentality and I guess many many other people as well. I have been trading your system since March and prior to that I had second thoughts and thinking of giving up forex trading altogether. I have been in ...

Nanningbob 4h trading system ver. 5.0

Many thanks SIR. Your posts are very much appreciated and enjoyed. Kind Regards, P.S. For anyone new to this thread, thinking scooby-doo is a great dane who is scared of his own shadow, you are very much mistaken. He is a very experienced ...

NanningBob Study Club

I think it is of utmost importance for the sake of forex markets that Steve should not attempt anymore coding this evening. What I prescribe is for him to open a bottle of his favourite drink (Scotch I think), relax in his favourite chair/sofa and ...

Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone

Thanks once again scoobs. I know NB system already uses 6 indicators, however, I think we would be very much interested to know what you had in mind. You had already mentioned the use of 200EMA to filter out some trades. Kind Regards

Nanningbob 4h trading system ver. 5.0

6 months is a lifetime in forex — It seems it was yesterday but it was beginning of March and I was so despondent, thinking forex trading is not for me and should go back to trading the ftse and the disadvantages LSE has (e.g. stamp duty, high ...

Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone

Do not get upset my friend. Our friend SEBRING was being a bit sarcastic. Have a look at his results and he is up $9 or 2% in 3 days and that is despite losses of $1.50 due to his mistake (he has done better than me). Not to mention that last week ...

Nanningbob 4h trading system ver. 5.0

Currently testing this. I tried 40 pip candles and the results we re not that promising. I have switched back to 20 pip candles and the results are much better (pelase bear in mind the higher the candle the higehr the SL).Moreover, I had it across ...

Simple Renko System

I thought you were going to be away from a computer for couple of days (or are you sneaking these posts in the middle of your recital)!!! This is too addictive to be able to keep away. I am at work with a back log on my desk but you see what I am ...

Nanningbob 4h trading system ver. 5.0

Sorry do not want to interfere, just for anyone who is new your post has touched on an important point which scoobs and Bob Were discussing in the main thread. When the RWB are at the extremes and the price is above the gold line the price may keep ...

NanningBob Study Club

Good job Macman brought up the subject. I use 1 most of the time but I am not sure if this is the best first choice. The reason I say this is because a lot of times when the price hits BB it either goes right throught it or we get a huggie. You have ...

Nanningbob 4h trading system ver. 5.0

The Long position USDJPY from few weeks ago is using another system I am following. I had Short AUDJPY, CHFJPY and NZDJPY using NB #1 EA. Closed them this morning, however, I had forgotten to turn off the EAs for AUDJPY and NZDJPY and they entered ...

NanningBob Study Club

JPY ALERT — HI I hope you guys have read what Scooby has written in Bob`s thread. BOJ has decided on a major devaluation across the board affecting almost all JPY pairs. I have closed all of my JPY sell positions for loss, becuase Scoobs says ...

NanningBob Study Club

Hi Bamboo I am afraid you are bit muddled up. This is the original Nanningbob thread, you have downloaded the EA and files from Stevehopwood`s sites. They are experimental EAs (as he mentions on page 1 post 1) and should not be used for live ...

Nanningbob 4h trading system ver. 5.0

I gave up testing live after 10 days, however, maybe I should have given it much more time. I am running the strategy tester from january 2009 to september 2010, with some good results: The number of trades is in brackets lot size is 1 cent. The ...

Steve Hopwood's auto-trader for David486's H4 trendline scalping system