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  • #1,301
  • Jun 20, 2011 12:29am Jun 20, 2011 12:29am
The manager is here and will be taking all questions and comments.
  • #1,302
  • Jun 20, 2011 12:34am Jun 20, 2011 12:34am
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.
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  • #1,303
  • Jun 20, 2011 12:34am Jun 20, 2011 12:34am
GM Manager and welcome.

Hope you and your famyli had a nice weekemd.


Peter
  • #1,304
  • Jun 20, 2011 12:36am Jun 20, 2011 12:36am
Quoting kevinator
The manager is here and will be taking all questions and comments.
Good afternoon (in Oz land) Kevin, U/C looks to be approaching a possible MOM trade, just wanted to know your thoughts on taking such trade if a MOM set up eventuates.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #1,305
  • Jun 20, 2011 12:38am Jun 20, 2011 12:38am
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?
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  • #1,306
  • Jun 20, 2011 12:42am Jun 20, 2011 12:42am
Another 20 pips for a 100 pip total and the Uk has not opened yet.

Text book MOM setups.
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  • #1,307
  • Jun 20, 2011 12:44am Jun 20, 2011 12:44am
Good trades,

If you were here then excellent and you should be up half of your daily goal of 200 pips on one set with three pairs.

To those of us just getting here no matter.There will be many more setups around the corner in the next 12 hours so stay sharp.
  • #1,308
  • Jun 20, 2011 12:45am Jun 20, 2011 12:45am
Quoting kevinator
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?

When watching this live, both the EU and AU trades mentioned were lower than the upper TMA. I didnt take the 2 trades for that reason.

Do we only require price to be above or below the center line at the time of entry?

Shan
  • #1,309
  • Jun 20, 2011 12:45am Jun 20, 2011 12:45am
nice trade, but there was a rules to trade from europe open to around london close or?

sometimes it will be nice before , but also it will be bad times before, so what have we follow?

cheers

Quoting kevinator
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?
  • #1,310
  • Jun 20, 2011 12:49am Jun 20, 2011 12:49am
Quoting HistoryFX
When watching this live, both the EU and AU trades mentioned were lower than the upper TMA. I didnt take the 2 trades for that reason.

Do we only require price to be above or below the center line at the time of entry?

Shan

Is the USDCHF setting up as per the rules?
  • #1,311
  • Jun 20, 2011 12:50am Jun 20, 2011 12:50am
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.
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  • #1,312
  • Jun 20, 2011 12:52am Jun 20, 2011 12:52am
Quoting HistoryFX
When watching this live, both the EU and AU trades mentioned were lower than the upper TMA. I didnt take the 2 trades for that reason.

Do we only require price to be above or below the center line at the time of entry?

Shan
Same goes here- was waiting for perfect indication of trade that never came for me.
Still learning I guess...
sentiment repainting...
  • #1,313
  • Jun 20, 2011 12:53am Jun 20, 2011 12:53am
Quoting punisher
nice trade, but there was a rules to trade from europe open to around london close or?

sometimes it will be nice before , but also it will be bad times before, so what have we follow?

cheers
Yes our rules are to trade 12 am est to 4pm est.

This was just a illustration of what has passed.

No matter as there will be many more setups in the next 12 hrs.
  • #1,314
  • Jun 20, 2011 12:54am Jun 20, 2011 12:54am
Good morning colleagues, friends, family..
it's start of the week and just wanted to wish everyone success.. i won't say good luck, bcz you make your own luck by just being active to be present for each and every possible setup to scan the hell out of it and get your chunk.

floor is ours, let's get it all... 200? its nothing.. get more, set the b*** high.. lol

positivity... energyyyyyyyyyyy.. energyyyyyyyyyyy..


Cheers,
  • #1,315
  • Jun 20, 2011 1:01am Jun 20, 2011 1:01am
My opinion is that there are not a lot of pips available between the lower and upper TMA (about 14).

Even though the 4 hour stochastic is long and the price at the lower TMA, for a momentum trade I personally would not trade this currency based on the current set up.

This wonderful system provides ample opportunities.

Just my view.

Di
  • #1,316
  • Jun 20, 2011 1:01am Jun 20, 2011 1:01am
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.jpg Size: 170 KB


Hi! The next MOM trade setap.
  • #1,317
  • Jun 20, 2011 1:04am Jun 20, 2011 1:04am
The five major pairs

Eu stoch both down, RF ./. , price at lower band of TMA no Trade

Cable stoch both down, RF ./. , price at lower band of TMA no Trade

AusUSD stoch H1 up H4 down, RF ./. , price at lower band of TMA no Trade

Swissy stoch H1 down H4 up , RF ./. , price at lower band of TMA may a Mom will be setup

UsdCad stoch H1 down H4 up, RF ./. , price between lower band and middlw of TMA no Trade, price rocket up now




Someone see a setup?
  • #1,318
  • Jun 20, 2011 1:06am Jun 20, 2011 1:06am
the way i see it cross the board at moment into bearish move ($$ strength)... so now.. patience requires for good MOM setup and very careful reversal scalp.. must go off matured PA.. bands play a big roll right now.. on MOM must hit the other side of 4hr stoach and on scalp it should go off of more settled band, since 1hr stoach is stepping deep.. and should not jump the gun on the first flash..

these are just advice to keep in back of your mind while things are shaping up at LIVE moment go keep us on our toes and sharp.. at the end its you and your own decisions..
  • #1,319
  • Jun 20, 2011 1:07am Jun 20, 2011 1:07am
Yes valid setup according to the rules.

New traders use RF for entry.
  • #1,320
  • Jun 20, 2011 1:12am Jun 20, 2011 1:12am
Long on USDCHF

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Pete
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