Gann Ribbon 10.7 System

[slowkey]

I will be here everyday to answer questions but I have some motivation now to learn mql programming so I will be giving that some time. I have some background so it should not be to hard to get up to speed. So if you do not see a post here every day do not feel like I have deserted you because I am still around but just a little busy with my own trading and learning.

Cheers,
Doug

[slowkey]

I am catching up on some videos on Apex investing and in one of them Darrel shows real forex futures volume compared to tick volume. He extracts volume from the futures market to use with his expected volume indicator for spot forex. While that volume is cleaner. It is very similar to tick volume. I think Barry's better volume indicator with its formula's is pretty good. Darrel's is the best solution. However Barry's indicator works really well.

If I had a choice I think what Darrel has done is perfect but it cost money to do this and all his stuff is proprietary. He does have very powerful indicators.
Like I said before if you are interested in Nadex there is no better educator than Darrel because all his videos are free and he knows his stuff and he does a lot of the education for Nadex whom he partners with.
Cheers,
Doug

[LarsFx]

Hey Doug,

thanks for sharing. Really like the stuff you´re doing and the insights you share

Have a great start in the trading week!
Lars

[slowkey]

Hey Doug,

thanks for sharing. Really like the stuff you´re doing and the insights you share

Have a great start in the trading week!
Lars

Thanks
Glad you are finding it helpful.

Cheers,
Doug

[slowkey]

I am doing really well trading Nadex. It is the fairest type of trading I have ever encountered. There has been some talk that they may open it up to traders in other countries besides the US. I hope they do because it would run the bucket shops out of business.

I do use my system a lot for the spot forex Nadex pairs and have looked at the Gold some for analysis. I hope to get my ribbon indicator running on Ninja trader some day. Ninja has some very powerful features. I am spending some of my time learning C# besides looking a mql.

I am glad that many have found this helpful. Bob has done the heavy lifting with 10.7. The ribbons are unique. I think they shine the most in intraday trading. They are interesting to look at on the higher time periods but I have not found them as helpful other than for analysis. It intraday that they work so magically and that is the time period I am most comfortable trading. They are a bottom up system and loose some of there punch on the higher time periods where 10.7 thrives.

I am always around to answer any questions and I will probably do a video at some point to sort of wrap up my thoughts on the system. Sort of put it all together. It is the end to a holiday weekend in the US. Hope you have a great week of trading. God Bless.

Cheers,
Doug

[traderduke]

Doug
Excellent read! I was just looking into E Micros but their movement is small. I'll take a look at Nadex and let you know. I traded options for years but never did great.

thanks for all the hard work

Ray

[slowkey]

Doug
Excellent read! I was just looking into E Micros but their movement is small. I'll take a look at Nadex and let you know. I traded options for years but never did great.

thanks for all the hard work

Ray

I think if you spend some time looking at some of the 200 or more video's Darrel Martin has done at Apex Investing you can improve your success. Subcribe to the Apex you tube channel and pick out the ones that may be helpful. Also an absolute must have is to use his spread scanner and binary scanner on his site. They are fabulous tools and both are free to use with a basic free membership. He also has a start page that gets you up to speed with Ninja trader and free forex and futures data for like Gold, Mini Dow, US Tech, E mini, Russel, Corn Soybeans and more. This is data for Ninja. He also has video education on his tools. He explains all the strategies you can use and when to use them for binaries. His Paid stuff is good but it is pricey. The deviations chart is also a must have. It is free to use. They are excellent. Very statistical. It is amazing to see price hit 1 deviation and stop. You could get by with all the free stuff he has. I find 15 minute css to be very helpful for these short intraday period binaries. I also use my system for the forex binaries. The best thing about Nadex is it fair. No broker. No one trading against you. No one knows your positions. You can get out of a contract and any time either for a profit or a small loss. It is an exchange and you are a member. There are market makers but they have no way of knowing your position. It is regulated by the CFTC just like the Chicago Mercantile Exchange and all other futures exchanges in the US. Best of luck.
Cheers,
Doug

[Peter2640]

As a sometime lurker and periodic peeker I simply want to say:

Thanks Doug

[slowkey]

As a sometime lurker and periodic peeker I simply want to say:

Thanks Doug

Thanks Peter,
I spent a lot of the last 7 years lurking too. I think many people are like this. They lead busy lives and are looking for information and insight. I am glad you have found this useful.

Cheers,
Doug

[Peter2640]

The best thing about Nadex is it fair. No broker. No one trading against you. No one knows your positions. You can get out of a contract and any time either for a profit or a small loss. It is an exchange and you are a member. There are market makers but they have no way of knowing your position. It is regulated by the CFTC just like the Chicago Mercantile Exchange and all other futures exchanges in the US.

Yes, I like the sound of this. Let's hope it does very well and expands. OTC FX has its limitations and I was happy to leave currency futures many years ago and don't really want to go all the way back to that scene. NADEX seems to have t just about right.

Thanks again Doug. Now, back to lurking

Cheers