On something like this, I would probably use the #2 Buy since the squeeze might produce a breakout before a retrace. Just me being conservative as usual.

Nanningbob 4h trading system ver. 5.0

Serious squeeze on this pair. Which way will the breakout occur? A secondary buy trade here could result in some heavy duty DD in a hurry.

Nanningbob 4h trading system ver. 5.0

I was thinking of doing a secondary trade on this pair but if price closes above the top Bol. B in this current squeeze, it probably will continue. So maybe not a good trade to take.

Nanningbob 4h trading system ver. 5.0

A while back someone pointed out how a spike was probably coming with the bollinger band squeeze that was occurring. Something else I've noticed is that when a squeeze takes place, the direction that price first breaks out (and closes) of the ...

Nanningbob 4h trading system ver. 5.0

I'm wondering if IBFX is any better on swap charges. Their swap charge on a .05 lot trade (Aud/Cad) today was .60 cents compared to FX Sol. at .62 cents. I'm going to do a side by side swap comparison of those two brokers over the next few days.

Nanningbob 4h trading system ver. 5.0

I heard all trades will now be routed through Barney Franks office.

Nanningbob 4h trading system ver. 5.0

Steve Da, how do you load the MPTM? Just kidding. I feel for you man.

Nanningbob 4h trading system ver. 5.0

Actually Astral and Chi, I did a manual back test with the above strategy on the EUR/USD for 2008 and it wasn't pretty. 2009 may be a different story, I don't know. With a total of 16 trades using 100TP/100SL I ended up with 7 wins and 9 losses for ...

Nanningbob 4h trading system ver. 5.0

Here's how I plan to trade Bob's system with the 50:1 leverage. I'm going back to IBFX by the way. Take only #2 trades with RWB at 15/85 and price at 6ths line. I'm going to use a 100 pip SL with no multi level trading. I haven't decided on TP yet. ...

Nanningbob 4h trading system ver. 5.0

Monty, Any time you want two indicators in the same window, apply the first one then click and drag the second one to the same window.

Nanningbob 4h trading system ver. 5.0

Apol. Thanks for the info. I'm not getting a good vibe from them either. Every time I click on their chat button, no matter what time it is ,day or night, they are offline. Also, they emailed me saying they accepted IRA retirement accounts but Go ...

Got Money FX

I'm finally out of my Aud. pairs today with the retrace. Was tired of paying swap and with the Oct. mandate looming, I didn't want to be stuck with open trades. It set my balance back a few weeks but my account is still alive and well. I have a ...

Nanningbob 4h trading system ver. 5.0

Chi, I'd be selling. Bob has an EA idea of trend trading the brake of the outer band with a breakeven +5 mptm setting. I was suggesting to him that it would be easier to get to the BE setting if you entered on the middle band cross instead of ...

median line Bollinger band cross

Bob or anyone else interestesd — This might be a fly by night operation but I found these guys based in Australia. 400:1 leverage,hedging and low( but variable) spreads. Swap rates? They accept US citizens. url

Nanningbob 4h trading system ver. 5.0

Still no trade so I have no idea what's going on. I closed the platform down and restarted but still no trade. I have Steve and Simons EA set to take #1 and #2 trades only.

Nanningbob V5: Steve Hopwood's auto-trading robot

Steve, Did you have an EA #1 trigger on the EUR/CAD today. RWB were above the 85 line and price went through the Bol. Band but no trade was made on my platform.

Nanningbob V5: Steve Hopwood's auto-trading robot

Blue, Thank you for working on this. EA seems to be only taking sell trades. No buys.

NanningBob Study Club

Another example — Another example. This is a buy with price crossing up through middle BB. line.

median line Bollinger band cross