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The7 replied Dec 7, 2010What are the MACD settings and signals for traders who dont trade with MT4?
4H Crossover (Swing Trading)
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The7 replied Dec 1, 2010Short with Gbp/Chf..Trading live..Good Luck to anyone
4H Crossover (Swing Trading)
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The7 replied Nov 23, 2010Hi Bob. Could you please clarify your L2 entry a bit more. This is my understanding: "We enter with L1. Price doesnt move in our favor within 8 hours of the entry, so we close our trade and dont wait 200-250 pips as we did before. Now, question is: ...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 18, 2010Can someone add a code to the TMA indicator, that display the current price of the middle lane on the chart? This might help us to see how much the TMA paints or changes so to say...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 13, 2010Most important and overlooked point with the recovery system is that we forget what our lost tolerance is when we open multiple trades. If our tolerance is say 600 pips, it is not wise to open more than 1 trade at a time.If its 1200 pips ok to open ...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 11, 2010What exactly is your TP target at Level2 entry? Are you looking to breakeven or aiming for some profit? If yes, what profit level you love to see? I know at Level 3 we hope for break-even but i havent come across where you mention the Level2 ...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 10, 2010Hello Bob, Instead of 200-250 pips, wouldnt a reentry at every 100 pips reduce a DD in the recovery mode? What is your opinion on this? If a trade gets stopped out at level 3, we are loooking at 600-750 pips with the original rules...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 7, 2010As long as we dont take every signal and limit our trades with 1 or 2 trades at a time even a small leverage will give enough room for a recovery trade. I respect Bob's view on monthly returns( he claims that 5 percent a month is not worth the time ...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 6, 2010Hi Bob, I am struggling to understand why the new leverage requirements forced you to change your trading style. Even with a leverage of 1:50 shouldnt you have enough room for a DD of 600 pips? (with 1.1.3 Recovery Version 5.3)
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 5, 2010The Trend is your friend. This is why we all use money. Because we follow the trend. But we dont know what a trend is, when it starts and when it ends...Maybe we should say: The Trend is your Ex-Friend"
Ridiculous Trading Myths
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The7 replied Nov 1, 2010I was not asking how the recovery system works, I was asking what the numbers 2.4.2 or 1.1.3 means...
Nanningbob 4h trading system ver. 5.0
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The7 replied Nov 1, 2010What is 2.4.2? — I am confused with the name we use for the recovery system. "2.4.2", means exactly what? I understand the logic where we increase the lot size by 1.6 lots every 150-250 pips but where is it linked to 2.4.2?? Same thing goes ...
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 28, 2010What exactly is the difference between "TMA Centered" and "TMA Centered Light"?
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 27, 2010You sure deserve a big applaude Nanningbob. I started live trading your system on Oct 14th, my account already grew by %1.61. Thats 372 pips in total. I know 372 pips should gain me more in growth but i am keeping my units low at this moment.
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 27, 2010How to use RWB with Oanda? — I really love this indicator. Is anyone using it with Oanda? I just cant figure out the settings.
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 18, 2010Thanks for the response Bob. I am looking forward to your contribution on manual trades.
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 18, 2010Is there a way to trade this sytem without the EA for people like me who have there live accounts not on a MT4 Platform like Oanda?
Nanningbob 4h trading system ver. 5.0
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The7 replied Oct 16, 2010I dont think that any system can get any easier than this. There are bunch of videos explaining how it works. So please stop asking the basics like "Is this a signal" etc. You dont have to read the whole folder, but please at least read the first ...
Andrew Forex Trading System