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- kevinator replied Jun 20, 2011
I have the gbpusd trade.Market moving down...On hold exit bottom of TMA unless there are large candles then I will hold depending on the situation.
- kevinator replied Jun 20, 2011
This is a old MOM trade from june 9th usdchf. Drawdown of 28 pips.
- kevinator replied Jun 20, 2011
I am still in that Usdchf trade.Drawdown of about 16 pips . I missed the usdcad trade which is in profit 20+ pips if you entered at the line. We are all here and it will take time to gain experience on the system. There will be many more setups ...
- kevinator replied Jun 20, 2011
This is the 4hr chart attached. This is the movement you have just taken on the 5 m chart. If you entered that short trade. This is what you were a part of since we are taking signals from the 240 stoch.
- kevinator replied Jun 20, 2011
Another 20 pips for a 100 pip total and the Uk has not opened yet. Text book MOM setups.
- kevinator replied Jun 20, 2011
Audusd trade was missed also and should have been taken.Another 40+ points. If you are on top of your game you should be 80+ pips for the day on these two trades and almost half way to your daily goal of 200. Any questions or comments about this?
- kevinator replied Jun 20, 2011
If you have been trading for the last 4hr you should have been in this MOM trade which would have net about 45+ pips. Exit is at the bottom of the TMA or hold if you would have gotten bigger bars and more price penetration.
- kevinator replied Jun 19, 2011
Lets build some equity — Hello It is the beginning of a new week. We will focus on MOM trades and take some short term trades based on the mtf 60 stoch. Trading officially begins at 12am est till 4pm est. Latest update of the system is located ...
- kevinator replied Jun 18, 2011
I am getting very tired of you coming on this thread disrupting the forward progress. You continue to push the same argument that we should use your indicator TMA true. I entered the trade and closed it out and entered again.The screen shot is ...
- kevinator replied Jun 18, 2011
Here is another......
- kevinator replied Jun 18, 2011
For me sometimes I take the entry as price hits the outside of the band but correct entry is with rf finder.Once you do enough of the trades you will say to your self.I already know what is going to happen so I am entering outside of the band. That ...
- kevinator replied Jun 18, 2011
Hello Art MOM=MOMentum We first look at the 240 stoch for trend direction. In this case the trend is up (4hr trend). Within the TMA band price is moving upward. We wait until price pulls back to the bottom TMA band and enter Long. Exit is at the top ...
- kevinator replied Jun 18, 2011
30 pips a day?.......Try 300 to the focused.I made 175 half sleep and took those last trades of the day (which I should have closed before the market closed) and thats another 40+ pips. So 215 pips today and all the trades are posted on the last 10 ...
- kevinator replied Jun 17, 2011
For those that are having a hard time visualizing what exactly we are doing with the MOM trades, We are taking the large parts of the major trend. If you see I have marked the 4hr chart to show the major trend. This is the major trend your 240 or ...
- kevinator replied Jun 17, 2011
Hello I have returned. I left that trade and that I had taken earlier. Here is the end result. 40+ and still going. My daily total 175 pips in the last 12hrs.
- kevinator replied Jun 17, 2011
I have to step out for about two hours and will be back. I am going to close my current usdchf trade with profit simply because I cannot monitor it now and I am sure there will be another set around the corner when I return. I am sure it will hit ...
- kevinator replied Jun 17, 2011
No problem new trader........you are the reason we are here and not for our self glorification but so you can learn to survive. 240= 4hr stoch we look at that for overall trend direction. Within the TMA band price will be trending in that direction. ...
- kevinator replied Jun 17, 2011
Everyday smitty you and this doubt in your mind.I take these trades as they come and have grandkids or someone calling to ask me a question or answering some question.Yesterday you wanted me to do this as I was plainly doing something else.I have ...
- kevinator replied Jun 17, 2011
Same thing here........I fell asleep 7 hrs ago and took the trade based on the 4hr stoch. Things "changed" at 12am est and it seems there was a drawdown. I could have 1) exited and waited for a new reentry..Which would have made back double what I ...
- kevinator replied Jun 17, 2011
Usdchf same thing. I fell asleep and am in the trade over 7hrs now. The 4hr Mtf stoch remained down and so the trade did not go against me enough that I would have exited. There were multiple entry points and I am up 50 more pips.