It is a quote form the Movie "Fletch" — One of my all time favorites

Nanningbob 4h trading system ver. 5.0

and my name is... — Scott

Nanningbob 4h trading system ver. 5.0

This is not an endorsement — First of all, Thank you for the kind comments!!!! I read forexcrunch.com for a summary of analysis. It may help someone....

Nanningbob 4h trading system ver. 5.0

answers — The white dashed line is a 3ma with a 4 shift it is for taking profit with the NB trend system. His system is really a 3ma with a 2 shift. I adjusted the close EA for longer runners on the 4h chart. I have not used it live just ...

Nanningbob 4h trading system ver. 5.0

L2's that keep on going — Here are my eu and ea charts that show the L2 and how price went against my position...I think I broke a sweat on the EA when it was over -200 on L2 but looks to be coming back some now. image image

Nanningbob 4h trading system ver. 5.0

TMA? — I agree 100% that the 2.0 is too small. bob uses the TMA as an indicator to start looking for a trade. I do as well, but For my trading I have an "outer" TMA that uses a multiplier of 3.0. For the EurAud and EurCad I have the "outer" ...

Nanningbob 4h trading system ver. 5.0

did I scare everyone away? — did I scare everyone away?

Nanningbob 4h trading system ver. 5.0

answers — Stop Loss: I use no stop loss hence the recovery system. Profit: truly individual...mine is set by the MPTM at +70 for the 5.2 version, but I rarely have the strength to allow them to go that far. I do not want winners to become ...

Nanningbob 4h trading system ver. 5.0

Which system? — Which system are you wanting to learn? I see and trade several trades almost everyday. Most of Bob's systems are about trading a lot of pairs. There are plenty of trades. For learning...first read the book "Enhancing a Trader's ...

Nanningbob 4h trading system ver. 5.0

Thank you — Thank you! I am sure there are others who trade the system and understand it better than me but I thank you for your comments! I will read it for sure. I will have time in Februaury.

Nanningbob 4h trading system ver. 5.0

yes and I don't know — As to this system it is profitable!!! See Page 1 post 1, for me personally it is the only system I have traded and made a profit. I have been profitable all 4 months I have traded. As to the new trend 1.0, I do not know ...

Nanningbob 4h trading system ver. 5.0

YES — Yes, I just entered the same trade before looking at the thread. I don't know why you entered 2 trades. You must not be using the EA for entries. From my experience I have found that when the 1MA is hugging or goes outside the BB to wait ...

Nanningbob 4h trading system ver. 5.0

SWEET! —

Nanningbob 4h trading system ver. 5.0

glad you hear you got out of the trade!!! but that is the beauty of demo you can play around with the theories and see how they actually work. Bob also mentioned that if price went against or nowhere in 8 hours get out of it. I was -80 on my L2 so I ...

Nanningbob 4h trading system ver. 5.0

this happens and I live with it... — This happens...price hit the +5 and then hours later hit my BE +10 point...that is life and the chance one takes once a stop is put in a L2. image

Nanningbob 4h trading system ver. 5.0

yes but I am limited by my broker and only allows me to trade in full dimes. if your broker allows to trade in dimes and pennies then you can adjust. I would not enter a L2 on less than -180. I start looking at -200 and as you notice by my GJ chart ...

Nanningbob 4h trading system ver. 5.0

answers — Yes there may be a need for a L3 from time to time...I guess this is why it is Bob's system and not mine. Ironically, it happen to me after I posted the thread last night and was sleeping. The EurAud entered and went against my ...

Nanningbob 4h trading system ver. 5.0

yeah!!! — my first successful trend trade! image

Nb 1.0 trend trade system

2 level recovery system — I may be the only person even using this system. It was brought up as an idea by bob in a post and I took the idea and ran with it. What I used to get a start was my interpretation of Bob's post. I have posted what I ...

Nanningbob 4h trading system ver. 5.0

thank you — thank you

Nanningbob 4h trading system ver. 5.0