DislikedNot the official session, but EU broke the daily pivot so, 1:5 R/R should do... {image}Ignored
- Joined Aug 2010 | Status: absolute beginner | 4,527 Posts
successful trading requires patience&discipline and DRINKING between.
FinoHardTdi Combo "Fibonacci + Harmonic + TDI" system 129 replies
Hit and Run, Semafor Combo system 38 replies
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TD SEQ and Combo Signal Watcher 51 replies
Combo system day trader journal 10 replies
Disliked"...the swing must be at least 10 pips from 5/40 crossover point..." - to be accurate.Ignored
Disliked"...the swing must be at least 10 pips from 5/40 crossover point..." - to be accurate.Ignored
Disliked{quote} I don't want to make this complicated . I know it's not. Am I understanding the rules correctly: Trigger 1- 5ema X (cross) 40ema (from above or below) 2- PA (Price Action) PB (PullBack) and X (crosses) or kiss the 40ema and reverse (swing high) 3- PA will cross 5ema 5- MACD is in the same direction(color) Entry 1st candle open after PA X 5ema (10 pips or less from swing high: else no trade) Sorry if I need confirmation on this. I don't believe it is that same as what MasterGuru is saying. ThanksIgnored
Disliked{quote} I would read the first couple of pages again, you don't want a cross after a pullback for instance...Ignored
DislikedAnother loser! 7 losers today no winners, a real wake up call after yesterday. This trade actually went 11 pips positive but I stuck to the rules and ended up taking a 5 pip loss. I'm going out for a jog! Trading is easy when you are winning but when you are losing it's easy to lose discipline and chase those losses. Question for FX when he wakes up, Do you stop trading after a set number of losses or always wait until the end of your trading session, I know you said you only take one trade per hour what is the reason for this? I think you may be...Ignored
Dislikedfx-Tycoon would you take that up trend at this candle ? If no please explain. Thanks {image}Ignored
Disliked{quote} Really, Trigger # 3 means that the reversal from the pull back should cross the 5EMA, then enter on the next candle. OK I'll read it again. I don't want to waste time on this but I'm visual and this is the way it appears to me on the posted charts. Thanks again.Ignored
Disliked{quote} I don't want to make this complicated . I know it's not. Am I understanding the rules correctly: Trigger 1- 5ema X (cross) 40ema (from above or below) 2- PA (Price Action) PB (PullBack) and X (crosses) or kiss the 40ema and reverse (swing high) 3- PA will cross 5ema 5- MACD is in the same direction(color) Entry 1st candle open after PA X 5ema (10 pips or less from swing high: else no trade) Sorry if I need confirmation on this. I don't believe it is that same as what MasterGuru is saying. ThanksIgnored
Disliked{quote} I have answered this very question couple of days ago rather in details, so please refer that post. The second part of your question tells me that either you have not read the thread and 1st post with great attention or you simply missed it... so please do so and you will rather easily find your answer. ... also you're trading various instruments which each are different animals of their own with unique behaviors and very selective trading period time to operate on. Keep it simple brother, you can't have your eye on too many charts and be...Ignored
Disliked{quote} I have answered this very question couple of days ago rather in details, so please refer that post. The second part of your question tells me that either you have not read the thread and 1st post with great attention or you simply missed it... so please do so and you will rather easily find your answer. ... also you're trading various instruments which each are different animals of their own with unique behaviors and very selective trading period time to operate on. Keep it simple brother, you can't have your eye on too many charts and be...Ignored
Disliked{quote} If I can add 2c, I have the impression some people here are overtrading and, judging by some questions I see, they either haven't read the whole thread or haven't read it enough times... there are quite a few gems here and there... I urge you guys to go back and read it again many times if necessary... Also I see many trades based barely just on entry signals, forgetting that the strong point of the system is the money management. Today the London session has been tough, I got a few pips and then lost them, so closed it at breakeven, but...Ignored