Civility is also nice. NB created this thread to share his system, perhaps receive crowd wisdom to improve it, maybe just to communicate with other traders. Banning users not on your buddy list from posting sounds like the antithesis of an internet ...

Nanningbob 4h trading system ver. 5.0

By news, I mean talking heads and commentary, not the NFP on the calendar. Just look out for information to discern which pairs are a no-go. I'm trying to figure out if a high DD is inherent in larger time frames. How to reduce that to make it ...

Nanningbob 4h trading system ver. 5.0

Strong trends are usually caused by news, one can stay ahead of the game by reading the news. For example, the eur/usd and usd/chf are -interestingly- not inverted this week... due to SNB comments. In addition to NB's rules, imho you must stay on ...

Nanningbob 4h trading system ver. 5.0

I feel like I was singled out for the beatdown I've done my research on the fx5 divergence indicator, alone it appears useful. Combined with NB it appears miraculous, though I'm not really a "believer" in divergence trading. I haven't seen ...

Nanningbob 4h trading system ver. 5.0

It does, and you were so pleasant in your reply. I'm starting to re-cooperate after having several bones broken by Mr Hopwood. I'm mostly interested in NB's indicator and technique. I asked about NB EA just to compare it to other common indicators, ...

Nanningbob 4h trading system ver. 5.0

I'm well aware that EA's don't think, etc etc. I'm not intentionally trying to be annoying. The CFTC will limit leverage to 50:1 in OCT. I'm a US trader, looking for more than 10 - 50 pips per day. This is the genesis of my questions. I time the NY ...

Nanningbob 4h trading system ver. 5.0

Ouch, my gut hurts! I'm glad you are being gentle here I have read the documentation and I'm actually a prolific trader, I make a living from it, believe it or not. (or not in your case). Is this not a forum, where we ask questions? I didn't see ...

Nanningbob 4h trading system ver. 5.0

Hello Mr. Nanningbob, I will be in China this coming May, as my mother is a prof of ESL at a university here in the states(traveling along). You are in HK, Cantonese land? I have a few questions about your method: -Why not write an EA that's always ...

Nanningbob 4h trading system ver. 5.0

Hi, I like FF and the plurality of opinions it offers... I would like to mention to all the newbies out there that there is no magic market strategy, and I'm not suggesting that this system is a "magic" strategy. This system, along with other ...

Aboonacci System - for EUR/USD prediction

So you're saying that you won't tell us how you figure currency strength? Your metre appears to be rather accurate, I'm impressed. -JM

TEB 5ema & 12ema and 21 RSI (MTF)

Hi Teb, How do you calculate your smart metre? I was comparing your smart metre with the "news profiteer currency strength meter", yesterday it was in agreement, today not as much. I took the GBP/JPY 4H trade yesterday and took 101 pips in 1 lot. ...

TEB 5ema & 12ema and 21 RSI (MTF)

US traders and margin — Hi Kate, The CFTC recently approved regulations requiring 1:50 margin requirements for US based forex brokers. Do you allow US citizens to open accounts with TDFX? What are the margin requirements for US citizens? ...

Tadawul FX (TDFX) Discussion

Hey, do I get some credit for inspiring this thread? Forex Trading for a living..anyone? Well put, this should be the first thread any prospective trader reads.

On the topic of BS in trading forums...

I don't know the history of the dance. I'm actually fairly confused, it was here one day, gone the next. Something about Clay stole some money? I was looking for trading ideas to plug into a neural network when I came across "the dance". It's ...

CHOROS System

What are you asking? Where or when can you see the forecasts? It's on the calendar page of forexfactory...? Also see fx360.com for forecasts, commentary. Instant news delivered to your phone newsimpact.com.

Where can we see the news forecasts?

To add a bit, for everybody here, as soon as the smaller MA reverses direction, be on your toes!! It's the first thing you should be looking for, we're trend hunting here. Then, wait for a little confirmation, is it with or against a bigger trend ...

CHOROS System

Leemonk, you bought the top of wave, when trend was down. It looks like you bought near 1.4500, even after a couple of touches to the 10 EMA? My point is, this system is a way to find the trend, and buy in with minimal risk. In and out, take profit. ...

CHOROS System

Leemonk, it's hard to tell at what price you entered the trade, I'm not familiar with your broker's charts. But it appears you "broke the rules". Doesn't matter whether or not this system is called dance, choros, or "mean reversion"... you must get ...

CHOROS System

That made me laugh. You're right, it's difficult and close to impossible to find good information. So much BS, even on FF trading system threads. For example the Simple H1 GBPUSD EA thread. The thread's reason to be, is that there is something ...

Forex Trading for a living... anyone?

Exactly my point. Statistics lie... it could be that 95% of people "suited for trading" are successful, only 5% fail... who knows. Dial down the statistic a bit further. On another point of why so many fail, the internet is saturated with forex ...

Forex Trading for a living... anyone?