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  • #1,081
  • Jun 17, 2011 7:26am Jun 17, 2011 7:26am
Kevin, need your clarification here:

For 240 trade (Long example)
H 4 stochastic must step up
H 1 stochastic not necessary step up

Is this correct?
  • #1,082
  • Jun 17, 2011 7:28am Jun 17, 2011 7:28am
kester trade is correct its for small gains as the 4hr stoc is still up. It will pull back to the middle line of TMA.
Nobody ever went broke taking profits.
  • #1,083
  • Jun 17, 2011 7:31am Jun 17, 2011 7:31am
Yeah!

I took the same trade..scalp for 15pips
Attached Image
  • #1,084
  • Jun 17, 2011 7:32am Jun 17, 2011 7:32am
Quoting kevinator
Everyone here is invited of course.I will keep the thread going but there must be a collective group of individuals that are all on the same page.Working for the same common goal.

I like fast forex's attitude.He said just exit out and wait for the next setup.

That next good trade is right around the corner.

That is how I think and is very positive.

He is starting to understand that the money is there and we are going to get.

Its just a matter of time.
Absolutely right. It's also hard for some people to take a loss. You have to understand that every system has defaults and will give bad trades. At that point, you must exit fast, take a small loss without thinking too much about it. And just wait for the next setup.
  • #1,085
  • Jun 17, 2011 7:36am Jun 17, 2011 7:36am
Quoting kevinator
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.

For example purposes.We will say the 240 stoch is down,short,or selling.

Price within the TMA band is going down obviiously.

Price will pullback to the top of TMA when price is going down.

Then energy release in the direction of the trend.

The is called a MOM trade or MOMentum...
Where do i get the TMA file and stoch? I download evreything in the 1 page but i didn't see them
  • #1,086
  • Jun 17, 2011 7:41am Jun 17, 2011 7:41am
Quoting Tal1983
Where do i get the TMA file and stoch? I download evreything in the 1 page but i didn't see them
1st page update version 2
  • #1,087
  • Jun 17, 2011 7:43am Jun 17, 2011 7:43am
Quoting kester
I want your opinion on this trade i just took
Its base on 1HR stepping down
I'm not sure what you mean... you went short on this one? Because if you did, that would be against the system rules... it's a pullback and that means wait for the next retracement upwards. Stochs are stepping up (ok, last one 60 is down but the global trend is up) so you only trade with the trend and go only long. Wait for this retracement to be finished and maybe the next retracement bar will give a long trade. Keep in mind that the price is circulating aroudn the upper TMA band, what in my opinion leaves not al lot of space for larger upwards movements... It would be better when the price is circulating between middle and upper TMA.

Is this analysis correct Kevin?
  • #1,088
  • Jun 17, 2011 7:44am Jun 17, 2011 7:44am
Quoting Android38
Yeah!

I took the same trade..scalp for 15pips
Attachment
You can trade against the trend and take pips on the pullbacks but i think it's more risk than trading with the trend. Nevertheless, nice profit, well done :-)
  • #1,089
  • Jun 17, 2011 7:44am Jun 17, 2011 7:44am
I didnt stay in the trade at 12:30. I'm new and didnt know if should of stayed in. Now i see that it would have worked. Thanks Kev
  • #1,090
  • Jun 17, 2011 7:48am Jun 17, 2011 7:48am
Quoting Tal1983
Where do i get the TMA file and stoch? I download evreything in the 1 page but i didn't see them

Tal1983, click at your browser window at the ff site.

good day


here:
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  • #1,091
  • Jun 17, 2011 7:50am Jun 17, 2011 7:50am
Greetings.

I took a couple of weeks of break from trading as I felt doing so. I also came by this thread by accident. Read it, liked it the first moment I saw 'momo' approach.

Cheers.

P.S. Guys, is this some kind of a FF posting competition? I see some neverending huge posts appearing momentum.

Slow down for #$%^ sake.
  • #1,092
  • Jun 17, 2011 7:50am Jun 17, 2011 7:50am
Quoting Android38
1st page update version 2
Thank you!
  • #1,093
  • Jun 17, 2011 7:52am Jun 17, 2011 7:52am
Quoting FastForex
You can trade against the trend and take pips on the pullbacks but i think it's more risk than trading with the trend. Nevertheless, nice profit, well done :-)
Yeah..this is 60 trade which follow Kevin rule..
Just look at 60 stoch...don't care about 240 stoch...

Price is at TMA opposition position
  • #1,094
  • Jun 17, 2011 8:00am Jun 17, 2011 8:00am
Wow!!!
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

is flying to me....


Thanks Kevin for great system
  • #1,095
  • Jun 17, 2011 8:02am Jun 17, 2011 8:02am
Quoting Ral1n
Greetings.

I took a couple of weeks of break from trading as I felt doing so. I also came by this thread by accident. Read it, liked it the first moment I saw 'momo' approach.

Cheers.

P.S. Guys, is this some kind of a FF posting competition? I see some neverending huge posts appearing momentum.

Slow down for #$%^ sake.
Listen sir

I will say to you one time and one time only.You just got back here and are new.

You need to show more respect to those that are here engaged in the work of trading the system.

You will not be disrespecting anyone here so do not even begin to go down that road.

We will post what we want to here and you have no say so otherwise.
  • #1,096
  • Jun 17, 2011 8:05am Jun 17, 2011 8:05am
Quoting kevinator
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.

For example purposes.We will say the 240 stoch is down,short,or selling.

Price within the TMA band is going down obviiously.

Price will pullback to the top of TMA when price is going down.

Then energy release in the direction of the trend.

The is called a MOM trade or MOMentum...
Still i don't get the same picture as you do-why? (the update version 2 crush my metatrader)
  • #1,097
  • Jun 17, 2011 8:11am Jun 17, 2011 8:11am
I have to update the new system and template.It will be available on post 1 by saturday.

There have been indicator updates throughout the last 8 pages.
  • #1,098
  • Jun 17, 2011 8:13am Jun 17, 2011 8:13am
Quoting Tal1983
Still i don't get the same picture as you do-why? (the update version 2 crush my metatrader)
Make sure you are on the latest version of mt4. This should solve the crashing problem.
  • #1,099
  • Jun 17, 2011 8:15am Jun 17, 2011 8:15am
I am not sure if i agree with this (such) signals although according to the rules of the system it is a valid one.. but some commonsense will do good here in such situations..

price is clearly bullish.. TM band is striking bullish.. 240 stoach stepping up like crazy.. when such upward move is obvious even to a 5 year old by just looking at the chart... it is not wise to take a short scalp trade just because 1hr stoch flashed stepped down in the first 5-10 minutes of the hour.. and RF signaling down..
at some point a trader must use some commonsense to evaluate the whole picture and reject and wait for better opportunities..

The reason i have froze this pic is to help out the new traders as i see lots of them in this thread.. the reverse side of this could get nasty when PA makes a quick turn and runs up fast to hit the SL on the other side in a heart bit most times.. and this could ruin the confidence of a newbies of this system... a experienced trader might be able to get away with this for a small loss, but a experienced trader most likely will not get involved in such trade, I have no doubt. its too risky because its simply going off on well premature PA reversal trade.

such trades must be taken on more of a slower days and not trending time of PA especially when it's still peaking.. more settled bands or days.. the trade on the first flash of the 1hr stoach is totally fine.. this must be recognized by a trader... and believe me you will not miss out on opportunities.. by god there are so many more right around the corner that you can take advantage of a bit wiser off more matured PA situation.

I only made this post out of care folks.. you can reject it or you can keep it in the back of your mind.. it's a free world brothers.


I think Kevin will concur with me on this one.. if not.. Kevin just let me know and I will erase this post on a flash.


happy piping to all.


Dean
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  • #1,100
  • Jun 17, 2011 8:20am Jun 17, 2011 8:20am
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 the bottom TMA over time.

You guys know the setup and keep moving forward.

Im up 140 pips no problem.
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