When I saw you were from HONG KONG I guessed as much. It is in the blood and there is nothing you can do about it. You should visit the "Simple RENKO System thread" and look for Steve hopwood`s pure candle autoentry robot. As soon as he posted it I ...

NanningBob Study Club

We all hope you are right. Same as Bluemele I tend to stick with the system right or wrong. During the last 6 months we have had this sort of stituation 3 times and we managed to come on top on previous occassions. I just feel for people who just ...

NanningBob Study Club

Very good, as I said I do not use them fo forex. Please let us know how they compare after some period of trading. I can assure you spread betting will remain tax free for the forseeable future, the main reason being if they want to tax gambling ...

Nanningbob 4h trading system ver. 5.0

Hi You maybe new to NB and forex factory but from the tone of your posts you are not new to forex. That is for sure. What you describe is the application of your experience coupled with judgement based on the same experience. This is something that ...

NanningBob Study Club

HI Yes same here although I caught it a bit late and just about broke even. As you said now is the turn of AUD (well overdue). I do not use Smart live for forex but use it for major indexes and Equities and they seem to be quite good. In particular ...

Nanningbob 4h trading system ver. 5.0

I see you have edited your post since my reply. I see your point with regard to casino model, as a person who spent a few years of their early twenties in the casinos I fully appreciate what you say. However, I have learned the hard way to respect ...

NanningBob Study Club

It seems reversal after a hedge is endemic to most traders and that is why not many traders practice hedging. Some NB puritans may find the whole idea of hedge quite sacrilegious, but I think for the sake of the evolution of the system such ...

NanningBob Study Club

No Sir, certainly NOT. I think it was Version 1 or Version 2 which was exactly this method and it was not good at all. Then version 3 and 4 BOB replaced th BB with 3 SMA cros and then 6x6 cross which was quite profitable. If I recall correctly BOB ...

NanningBob Study Club

Thanks for that insight. At present the DD has become an obsession with me. I know BOB says it is part and parcel of the system and one has to accept it and work with it within the system. However, it seems a shame to me that some of our hard fought ...

NanningBob Study Club

Hedge Strategy — Hi Does anyone know a good site / forum where a decent hedge strategy is discussed? Kind regards

NanningBob Study Club

If anyone is looking for mt4 spread betting company I have been smartlivemarkets.co.uk for the last 3 months and they seem OK thus far. Mind you they are a new company so thread carefully. I have called their customer service twice and both times ...

Nanningbob 4h trading system ver. 5.0

HI ES TRADER I have been running a dozen pairs using your simple RENKO system. It seems to me that your system filters some runners we have on NB like GBPAUD and EURAUD and maybe the answer we have been waiting for in order to limit our dd in that ...

Simple Renko System

Me too. But knowing my luck sir, as soon as I hedge the price will turn around. An idea which has been buzzing in my head for few weeks now is to try to hedge at between -250 to -300 depending on the pair and sit back and see how the price develops. ...

Nanningbob 4h trading system ver. 5.0

You can use them on any chart you like, but please use BOB`s experience to your advantage. Go and read the old 4H thread. there is only a slight problem with lower time frames and that is.... I leave you to figure that out. Kind regards

Nanningbob 4h trading system ver. 5.0

Thanks for the advice Scoobs, will give it a try. NB has changed my trading life and outlook for ever. These past months has been the only time I have made profit in forex and all of it is thanks to BOB`s system. I am fortunate in that my profits of ...

NanningBob Study Club

IT is and it is testimony to the fact that I have been a bit more stupid than usual. Every time we have a problem with a runner pair and manage to get a retracement I say to myself I will not repeat the same mistake again and go and do it again. I ...

NanningBob Study Club

Hi Thanks your posts are always common sense. I have to thank ES TRADER for introducing RENKO to me. I have been reading a lot about it and the more I study the more I like it (it has become a sort of obsession right now). Trends are easier to spot ...

Simple Renko System

Thank you sir for that excellant peice of research. In your opinion can this be the case with how many other pairs? I have had good week of trading the NB system with over 600 pips, however, I am expericning the same problem which seems to be ...

NanningBob Study Club

Sorry ES TRADER we are not trying to hijack your good system, just expanding on existing ideas. If you are not happy with our discussion in your thread please let us know and we will stop. Moreover, as we do not know much about RENKO and you seem to ...

Simple Renko System

Thanks very much for that lesson in coding. I have tried it and it compiles OK, however, since markets are closed can not test it till Sunday night. The Open function appeared in four places so i changed them all to 1. I hope my fellow traders ...

Simple Renko System