Dislikedguys...nervous and with this one....hope it follow the 30mins....Ignored
coz need to go out and there was news one hour later.....
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Dislikedguys...nervous and with this one....hope it follow the 30mins....Ignored
DislikedHee guys.
I have been using this for a number of months and am always in to learn more about something. Will go over it from the very start later today and share if I have anything to add.
Greetings from Puerto VallartaIgnored
DislikedNice one atuque - you're right past is past. Just cusrious as to why you used a 40 pip stop on GU I think endroute said he uses 20 on everything but GJ and uses a 50 pip SL on that.
Could have halved your loss there.
Anyway interesting point you made about the slope of the EMAs and trend of the COG but of course not every trade will be a winner.
Let us know how AU goesIgnored
DislikedAfter 26 long hours my EC trade has been stopped out at BE (trade I posted yesterday). At one stage it was up about 40 pips but couldn't get any sort of upward momentum going.
I guess if I were trading this with real money I would of closed it at some point maybe with a small profit as the price action was messy and alot of the time sideways and 26 hgours is just too long for me to sit in a trade for a 1 hour TF personally.
Anyway maybe next week will produce some better results.Ignored
DislikedNice one Atuque !
Yes its a funny thing how emotions can tempt us iinto making rash decisions. Like for example you let that GU trade hit your 40 pip SL in the HOPE that it would turn back around But in that AU trade you just took, I remember you feeling the need to close it at positive pips prob out of FEAR it would turn against you.
I think as traders we need to do exactly the opposite by cutting losses short and letting profits run.
I am still learning this myself I get very tempted to close a trade early because I fear it turning on me and ending up with nothing.
But when it has truely turned on me I leave it open in the HOPE it will go back my way. If you think about it it's a very destructive mind set for tradiing.
That's why I love these Black and white systems where the r:r ratio is good and all I have to do is let the trade play itself out knowing I have a defined exit plan.
Good tradingIgnored
DislikedYes, this is a good one! Please post results!
Waiting for the next cross
And for your past gains!Ignored
DislikedHi All,
Look's like a good system, I can't wait to try it out next week. Which COG is everyone using, or which one does Endroute suggest, the one in the first post or the new JBCOG?
Thanks for your help.Ignored
DislikedThanks Scratch. What is your experience trading this system? I was lucky enough to catch a long singnal on the GBP/US on Fri morning and rode it for 104 PIPS, but Fri was easy, all you had to do was go against the USD.Ignored