10.7

Post by **rocketman99** » Thu Jun 12, 2014 1:37 am

nanningbob » Thu Jun 12, 2014 1:44 am wrote:NZD raised interest rates. I expect it to go on a 2-4 week UT. For those that want to buy and hold this is a good time.

Yep, and positive swap too. Fantastic. My DD shrunk from 11% to 8% and still shrinking. Aussie jobs numbers just released were not so good, so beware. Short AUDNZD.

Post by **piet.forex** » Thu Jun 12, 2014 4:06 am

nanningbob » Thu Jun 12, 2014 2:44 am wrote:NZD raised interest rates. I expect it to go on a 2-4 week UT. For those that want to buy and hold this is a good time.

Bob, for once in my trading career I was on the right side of this with multiple trades. Diamond studded gold

Thanks to your insight and willingness to share my best week ever!

All the best

Post by **Wavegarrick** » Thu Jun 12, 2014 5:20 am

Yes indeed the Kiwi dollar has been my savior with a nice positive swap and growing.

Thanks Bob

Post by **art** » Thu Jun 12, 2014 8:21 am

thanks for the reply bob, steves helpers didn't seem to work on my NZD trades yesterday, i put buying back into trend on a couple of NZD charts and they did'nt trigger, the stoch certainly turned up after the kiwi news, any ideas, cheers

Post by **nanningbob** » Thu Jun 12, 2014 8:34 am

art » Thu Jun 12, 2014 4:21 pm wrote:thanks for the reply bob, steves helpers didn't seem to work on my NZD trades yesterday, i put buying back into trend on a couple of NZD charts and they did'nt trigger, the stoch certainly turned up after the kiwi news, any ideas, cheers

I have so many bad connections with internet in China I quit using EAs for now. I use pendings instead and put it about where I think the 90 or 70 lines will break.

Post by **Gertje** » Thu Jun 12, 2014 9:03 am

piet.forex » Thu Jun 12, 2014 4:06 am wrote:
Bob, for once in my trading career I was on the right side of this with multiple trades. Diamond studded gold

Thanks to your insight and willingness to share my best week ever!

All the best

I know the feeling....

If only the DD would decrease....

fire580 · Post by **fire580** » Thu Jun 12, 2014 12:27 pm

Also having trouble with waiting to buy/sell EA's sometimes they work sometimes they don't -

genaja · Post by **genaja** » Fri Jun 13, 2014 8:11 am

Hi Bob,

you use at your final templates the 240MA at all timeframes. At the past we use 40MA for D1, 240MA for H4 and 960MA for H1 timeframe.

What´s the reason for using 240MA at all timeframes?

Thanks a lot!

Post by **art** » Fri Jun 13, 2014 8:15 am

yep i find the same fire, sometimes they work

Post by **nanningbob** » Fri Jun 13, 2014 11:14 am

genaja » Fri Jun 13, 2014 4:11 pm wrote:Hi Bob,

you use at your final templates the 240MA at all timeframes. At the past we use 40MA for D1, 240MA for H4 and 960MA for H1 timeframe.

What´s the reason for using 240MA at all timeframes?

Thanks a lot!

60 on the daily makes the center line for the TMA.
240 on the 1H is the 60 on the 4H.

60 is a nice number where things bounce around real nice. The 60 on the 30M makes a great trendline for strong trend moves. When I jump to other TF I go down to see more noise to reenter into the trend. I go up to see long term trends. I dont use the 960 on the 1H because if I want to know what price is doing around the 240 I use the 4H. I go to the 30M or 1H to see how price is reacting to the 60 on the 4H. I want to know whats going on at the 240 line on the 4H I go to the daily or weekly.

40 and 60 are in the middle of the TMA on the daily, shoot thats trouble trading in the middle. Go to a lower TF. to know what is happening there.