DislikedExcellent,
Moving along I am up 25 on eurjpy oversold and now exit.Scanning for more now.
We just missed the mom trade on audusd.See how mtf stoch says long.Price pulled back to ovesold and slingshot to the top.Ignored
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DislikedExcellent,
Moving along I am up 25 on eurjpy oversold and now exit.Scanning for more now.
We just missed the mom trade on audusd.See how mtf stoch says long.Price pulled back to ovesold and slingshot to the top.Ignored
DislikedWe missed three MOM trades here.We have to get to the point that we do not overlook anything.If it moves and its profitable its going in the bank.We have to do better.
See how mtf stoch 1hr trend is in one direction but price pulled back to the opposite TMA band then sling shot to the top or bottom.That is the bread and butter trades that last for hours sometimes and yield between 20 and 150 pips.Ignored
DislikedI am short on this one.. its MOMO trade in the direction of both stoch 1hr and 4hr.. lets see if it produces..Ignored
DislikedI have a question. If we get a signal, say short, and price is already at or below the lower band of the TMA, should we pass? In this GU example, we would have made +10 quickly even though our entry is 3 pips from the lower band. The EJ, for example was already touching the lower band by the time we got the signal and we would have sold on the low.
Also, where do you put your stops?
Thanks a lot for doing this!
MichaelIgnored
DislikedUse the following - when there is a chance for a trade, do google the pair and see whether the fundamentals are stronger than the technical
Cheerz,
TIgnored