I used to be with forex.com. I found most things ran ok, compared to other brokers I've been with. The reason I left was that they changed their policy on swap fees. Instead of settling them when you close a trade, they deducted the swap on a daily ...

Opinions on Forex.Com

I actually like having sell trades on the eur/aud because of the very high positive swap. I can afford to be patient for price to turn into my favor. On the other hand, on sell trades the negative swap is even higher so stay out of those. So when I ...

Nanningbob 4h trading system ver. 5.0

"7 traders are viewing this thread" most people don't post it seems but they sure are reading it.

Nanningbob 4h trading system ver. 5.0

Could not agree more! Since adopting Bob's 5.x method I have made a profit every month, always between 5 and 15% of my account. Thanks to Bob's recovery system I now have a plan in place for when trades don't go my way, as some will always do, no ...

Nanningbob 4h trading system ver. 5.0

I need to sleep first but I will put the MAs on tomorrow and start studying. Thank you so much Bob for your input!

Nanningbob 4h trading system ver. 5.0

Great to hear that you were able to recover! This is where I went wrong. I didn't realize that in this case the pairs I was in (EURAUD, NZDJPY, USDCHF) were correlated, not so much directly but they are all affected by the news from Japan (being a ...

Nanningbob 4h trading system ver. 5.0

Thanks!

Hedging question

well, you really should not try to trade big news stories as they can make price jump. Since Japan is such a big economy the current news has an effect on most other currencies. Also, when using the recovery system it's better to look at the market ...

Nanningbob 4h trading system ver. 5.0

man, freaky stuff. some went 200 pips in seconds. Glad i was at the screen to hedge everything. Was foolish/lucky to have mptm still on with manage all trade settings. Got some huge profits on some spikes but it was stressful to see my hedges ...

Nanningbob 4h trading system ver. 5.0

Hi Swiss, This is not really a thread for TOB but for the manual method. For the manual method it's wise to stay out of interest rate, government bailout and perhaps nucreal meltdown stories as well. This is a counter trend system, if you can you ...

Nanningbob 4h trading system ver. 5.0

That GU move down was actually good for a recovery trade, which I had been sitting on since december. It just kept missing it's target but today I finally closed it out with a nice profit. It was very educational to watch a single pair for a longer ...

Nanningbob 4h trading system ver. 5.0

Because of the earthquake in NZ the NZ dollar took a dive. Apart from that, I think you're in the wrong tread. "TOB" trades the countertrend method and the ea for that has it's own thread.

Nb 1.0 trend trade system

You can use as many pairs as you like. You put an ea on if a certain setup looks likely. For which ea goes with which setup, read the attached documents in post 1. I monitor all the pairs that my broker offers minus the few with silly high spread. I ...

Nanningbob 4h trading system ver. 5.0

this is stange, I use the same broker live and it works for me.

Nanningbob 4h trading system ver. 5.0

Hi, Are the trade conditions met? The eas just sit and wait until the conditions for that ea is met. So for the nr1 buy ea the price has to hit the lower bollinger band, if it doesn't, no trade will be opened. This is so you don't have to sit behind ...

Nanningbob 4h trading system ver. 5.0

I do enjoy reading your take on things as well as Radio's trades. I did get out of the EurAud trade that I had been sitting on for a long time and which at one point was at -500. I had 4 failed attempts at recovery which were all stopped out at ...

Nanningbob 4h trading system ver. 5.0

From the MT4 newsfeed: "0829 GMT [Dow Jones] GBP/USD is currently struggling with its 2009-2011 downtrend line at 1.6190, but above here resistance become intense, says Commerzbank analyst Karen Jones. The 2010 high comes in at 1.63, 1.6425 is ...

Nanningbob 4h trading system ver. 5.0

You missed the fact that Steve is also a great piano player! On a serious note, I totally agree with Astral.

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

I agree with Radio here. I think he has done a great job answering every question. If you have a hard time with drawdown then a system using the recovery system is just not for you. I know that if I used this system without it and use a s/l instead ...

Nanningbob 4h trading system ver. 5.0