Oanda is its own market. I'm not surprised that its quotes are different than an MT4 broker. The actual Forex market opens at 7pm EST on Sunday, but the broker I'm using now doesn't show Sunday candles. If you like, you can use that opening. If you ...

Part Time Wealth Building Trading System - Weekly Scalping

So Nice that TK is back...after three years !! Anyway, I have been lax in posting this week, I was on a business trip and haven't had time. This week, we entered at the open of 1.1504 (USD/CHF) with a buy at 1.1554 and a sell at 1.1454. The buy was ...

Part Time Wealth Building Trading System - Weekly Scalping

Well Bob, I for one did not have large drawdowns, nor did I have large gains the last few weeks. I use the indicators for the v4 system, and even the signal indicator. All good. But then, I don't enter a trade until the MA cross confirms that ...

Nanningbob 4H trading system

I looked at doing this on Cable, and that is the original pair that TK used. He hasn't posted since 2007, so I'd say he is gone. If you do trade GBP, please post your results, that way we will have one more pair that's being tested. The thing I am ...

Part Time Wealth Building Trading System - Weekly Scalping

Franklin, I'm using the exact open of the week. This means the very first bar, not trying to start at 00:00 or 01:00 EST. If you look at your daily chart for the week, and use the open off that, you should be close to me.

Part Time Wealth Building Trading System - Weekly Scalping

Update: Monday, buy stop was triggered, and then stopped out for 30 pip loss the same day. Today (tuesday) the sell was triggered, and due to volatility was also stopped out. Total for the week: -60 pips. On my other system, this week was indicated ...

Part Time Wealth Building Trading System - Weekly Scalping

And awaaaaay we go — OK, I figured out the problem, it wasn't the broker, I had the wrong order type. Needed to place stop market orders and not stop limit orders. So, I am using TKimble's original rules, for the most part... Trade parameters: ...

Part Time Wealth Building Trading System - Weekly Scalping

UPDATE: I tried setting this up on my broker, and it looks like I can't do it with the order types they have. When i opened my second buy stop order, it immediately executed my sell stop, leaving me short, even though my stop had not been hit. This ...

Part Time Wealth Building Trading System - Weekly Scalping

Lets see about 2010 — As the other system I'm trading only has signals every few weeks, I'm going to start trading this on a volatile pair on Sunday and see how it goes. I'll post my trades if people want to follow along. It will be live ...

Part Time Wealth Building Trading System - Weekly Scalping

Well, it sucks to be right and greedy at the same time. I pulled out of my EUR/USD short early, with about 120 pips. It's gonna go to 1.24, but I got antsy. Was stopped out of two other NB 4H trades for small losses, so I'm done for the week. I ...

Nanningbob 4H trading system

This actually seems to be a no-brainer trade. I decided to sell the EUR/USD and will ride it down to 1.24. At that point there should be some support, and it will be a good time to get out. This trade has nothing to do with NB's 4H system, it's just ...

Nanningbob 4H trading system

Just to mention - he's trading a demo account. So, he's not really risking anything! That said, its good to form good habits, so your point is still valid, trade as small as the broker will let ya.

Nanningbob 4H trading system

Sinking like a stone — Wow, EUR/USD is at 1.30 now. Are you trading it Bob? It looks like 1.24 could definitely be a possibility. This would match the bottom seen in Nov 2008 and Mar 2009.

Nanningbob 4H trading system

I go with a more traditional 2-3% risked on each trade. However I'm not currently using the 2.4.2 reversal system, I'm just using a SL placed above the entry, always above a gold line by about 60-80 pips. My R/R on these trades has been about 1:4 so ...

Nanningbob 4H trading system

My reading of Bob's system is that the secondary trades are more based off of hitting previous support / resistance than they are off the 6x6 lines. However, I looked at Silverfish's trades on my charts, and they do seem to be in the middle where we ...

Nanningbob 4H trading system

I'm in this trade too, entered at .9412 (the gold line). Looks good so far. Bob missed it cause he's too busy eating seafood to notice. Regardless of Bob's 2.4.2 system, I'm staying away from all NZD pairs until I see a trendline break. I don't ...

Nanningbob 4H trading system

Bob, You have been more than helpful in explaining your system and sharing your trade experiences with us. Don't get burned out with posting on the forum - if you went to a weekly report instead of daily I'm sure most of us could still see what is ...

Nanningbob 4H trading system

Kraven, As you are new to Forex and MT4, I would advise you demo just using manual trades first. Even if you use NB's system, you can trade it manually. EA's are fine once you understand what you want them to do, but they can be confusing if you ...

Nanningbob 4H trading system

Thanks for the reply Bob. I just started looking at the MPTM documentation. I trade on MB Trading, and they do have MT4 support now, I would just have to move my account over to take advantage. I could really get comfortable with an EA that only ...

Nanningbob 4H trading system

I'm liking this system quite a bit, and trading it on a micro account. I just downloaded the new 6x6 indicators on the v4 system. However, I can't trade EA's with my broker, so am trading this manually. Not really a problem. I'm seeing a good trade ...

Nanningbob 4H trading system