10.2a Oct. 2012 Edition

[nanningbob]

Lets see I have had 3 wins 2 losses this week for a total of .02 cents profit. And you guys want to follow my trading techniques, SHeeeeeeeeeeeeeeeeeesh. I have cancelled more pending orders than I have taken.

zzzzzzzzzZZZZZZZZZZzzzzzzzzzzzzzzzZZZZZZZZZZZ

Lets see I want to get this right. That is .00000066% increase of my account. Yipppeeeeeeeee

I think I will go fishing, someone call me when the market wakes up again.

[gustav213]

Lets see I have had 3 wins 2 losses this week for a total of .02 cents profit. And you guys want to follow my trading techniques, SHeeeeeeeeeeeeeeeeeesh. I have cancelled more pending orders than I have taken.

zzzzzzzzzZZZZZZZZZZzzzzzzzzzzzzzzzZZZZZZZZZZZ

Lets see I want to get this right. That is .00000066% increase of my account. Yipppeeeeeeeee

I think I will go fishing, someone call me when the market wakes up again.

Yeah it has been one crazy week, closed out all my trades tonight since I just didn't see a point in keeping them open with the EU summit also coming up.

156 pips works for me on such a bad week. Also up 1% on my account! lol

[nanningbob]

Lets see I have had 3 wins 2 losses this week for a total of .02 cents profit. And you guys want to follow my trading techniques, SHeeeeeeeeeeeeeeeeeesh. I have cancelled more pending orders than I have taken.

zzzzzzzzzZZZZZZZZZZzzzzzzzzzzzzzzzZZZZZZZZZZZ

Lets see I want to get this right. That is .00000066% increase of my account. Yipppeeeeeeeee

I think I will go fishing, someone call me when the market wakes up again.

Yeah it has been one crazy week, closed out all my trades tonight since I just didn't see a point in keeping them open with the EU summit also coming up.

156 pips works for me on such a bad week. Also up 1% on my account! lol

Maybe I should have you trade for me. Just missed some trades I should have taken in the EURO section.

[The_Snowman]

OK after lots of snoozing, as Bob noted, the Eur/Usd is trying to cross back over the DP in a nice 10.2a setup. However, this is the second time. The first one failed.

Should we jump in?

By all means, the water is fine....

Hey Snowman

Nice basket. What are your entry criteria?

Not to get to far away from NB trading, but I have noticed that price travels a good distance from the break of the line drawn by Super Trend Indicator, especially when near the Weekly Pivot.

I am not strict on this, and have not been doing it long enough to enforce other parameter, but I think it is best to enter in the direction of the TMA Slope on the Daily chart; obviously trades with the trend is safest.

ANother thing I notice, price almost always comes back to give you a second chance to join the trade (or scare you out at Breakeven?) as shown by "A" intial break of line & "B" price back to same level - interesting, no?

[cmeade2]

[/quote]

Not to get to far away from NB trading, but I have noticed that price travels a good distance from the break of the line drawn by Super Trend Indicator, especially when near the Weekly Pivot.

I am not strict on this, and have not been doing it long enough to enforce other parameter, but I think it is best to enter in the direction of the TMA Slope on the Daily chart; obviously trades with the trend is safest.

ANother thing I notice, price almost always comes back to give you a second chance to join the trade (or scare you out at Breakeven?) as shown by "A" intial break of line & "B" price back to same level - interesting, no?

[/quote]

Thanks. Just a simple question. What is the Super Trend Indicator Is that just the trend lines you drew on the daily chart?

[nanningbob]

I took the eur/aud trade today and it went about 50 pips. I closed 60% of the trade brought my SL up to +10 and will let it ride and see how it goes. This is what it looks like on a 4H and then a 1H chart

[nanningbob]

I have never liked the look of the no repaint TMA slope. I am trying some different numbers. This is ATR 40 TMA 40 and changed the numbers to .10 and -.10 This gives a much smoother looking histogram. To test this idea I will watch the 1H and if it goes back below to black I will close the trade. If it stays green and the 4H turns green I am going to let it run. I will try to keep you up to date. The reason I am doing this is I am expecting the news for the EURO to turn good for a while and have a good chance of the EURO taking a run up. Meanwhile you all know I am sell on AUD pairs for now. So those two fundamental possibilities and crossing the WP up I will see if it will run. The new TMA numbers are just for experimenting as a test for now.

[nanningbob]

The reason I like these new numbers is on the 1H chart the bars are green when price is above the pivot and seems to give you the strength of the move above the daily pivot. On the Daily is seems to correspond with crossing the monthly pivot with the weekly pivot, red is above and green is below. The other numbers were just too jumpy for me and I was not getting the read I wanted. So this is a test.

[fondofallthings]

Manually closed out the E/G today. Though the SL was at the WR1 and that did get hit, I had 4 lots going so got out with $800. Very pleased with that for a start. Just about my months goal in one swoop

Now, it is quiet as neither of my two pairs are showing much. I will keep on eye on E/G to see if it is returning to the WP. Also will see if A/N turns back on itself.

[russ1978]

here mine from last thur till now demo account. SL am using kind of nanding bobs averaging in but so far nothing has run away all hitting the mark.

Russ