DislikedI will have a "limit Buy" at Daily 5sma close(2.0810) to catch the Daily momentum.
what is your SL my friend ?Ignored
60pips for GJ and 35 pips for other pairs
- #41
- Nov 4, 2007 9:44pm Nov 4, 2007 9:44pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #43
- Nov 4, 2007 9:54pm Nov 4, 2007 9:54pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #44
- Nov 4, 2007 9:55pm Nov 4, 2007 9:55pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #45
- Edited 10:14pm Nov 4, 2007 10:00pm | Edited 10:14pm
- | Commercial User | Joined Dec 2006 | 1,016 Posts
This theory has been done it works well I have been doing this for a while just not had time to start my own thread ....Cool that you have ...
..That is how I was doing those calls!Just in a slightly different way..
..That is how I was doing those calls!Just in a slightly different way..I will be analyzing the Daily Momentum of the following instruments on this thread for the next 3months.
GBP/JPY
USD/JPY
EUR/JPY
GBP/USD
DowJones Index
NasDaq 100
FTSE 100
Nikkei 225
Indicators Used :
5 SMA High
5 SMA Close
5 SMA Low
Momentum 1C
Momentum 10C
Momentum 14C
Charts:
http://www.visualchart.com (a Paid charting package)
The full strategy will be reveled ONLY after the 3 months testing period. This thread is open for discussions.
The purpose if this thread is to create a strategy based on the Momentum of the daily bar. If it's successful after the 3 month testing period, soon we will have a "set & forget" type strategy where we can enter our positions once a day and collect our profits on the next day, without wasting your life starring at the computer all day
- #47
- Nov 4, 2007 11:10pm Nov 4, 2007 11:10pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #48
- Nov 5, 2007 2:17am Nov 5, 2007 2:17am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #49
- Nov 5, 2007 2:48am Nov 5, 2007 2:48am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #51
- Nov 5, 2007 3:19am Nov 5, 2007 3:19am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Another great thread by a great trader and friend!
. You have been hiding your Fib analysis lately.
trade close tommorow at the start of the new Daily bar. No TP limit. Could be 5 pip or 1000 pips. The idea is to enter the trade once a day and close it next day. The Lazy Man's Holy Grail
I have been following you for quite awhile without posting - THANK YOU FOR ALL YOU DO!!!
Please check your email from me
[email protected]
- #54
- Edited 7:20am Nov 5, 2007 7:01am | Edited 7:20am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Hi Buddy,
I have a broker (aus) with platform that you can change any time zone, and with TF 1min, 15, 4h, 8h, F,W,M , but also with custom TF (interested) ??
PM me
PS.. keep going
I have a broker (aus) with platform that you can change any time zone, and with TF 1min, 15, 4h, 8h, F,W,M , but also with custom TF (interested) ??
PM me
PS.. keep going
- #55
- Nov 5, 2007 3:17pm Nov 5, 2007 3:17pm
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #57
- Nov 5, 2007 6:39pm Nov 5, 2007 6:39pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #59
- Nov 5, 2007 7:06pm Nov 5, 2007 7:06pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
bro, any momentum charts on the indices & pairs for today?
hope to see the 8-pair monitoring charts soon too
hope to see the 8-pair monitoring charts soon too
new momentum is mixed on all the pairs. I wont be taking any new trades..
There will be a trade on the 15min strategy...
I will leave yesterday's GJ and GU trades open. UJ short closed at +23 pips