jboy wrote:I'm going to join you in learning the NB 10.2. I will start this weekend with the required reading. I'm just sort of burnt out from reading so many "systems" that have long pdf, and cannot really make any money off of it. But I will give this a shot, and do a good read and come back to post.
It really is worth the effort. I tried to get to grips with a couple of Bob's earlier methods but found them difficult to assimilate - probably because I was late to the party and hadn't followed their development.
However 10.2 is different and clicked straightaway (at least for me). I've always struggled with higher time frame trading for some reason but NB's method provides a logical framework to trade around. It's a brilliantly thought out strategy. Although it seems like there are indicators galore, they are basically used to interpret price action in a visual way. Entries and exits can be rule-based or discretionary.
If you need more encouragement, my demo made 265 pips today, just trading 7 of the 9 low volatility (Group1 & 2) pairs (NZD/CAD not offered by my broker, EUR/CHF pointless).
