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  • #1,341
  • Jun 20, 2011 1:57am Jun 20, 2011 1:57am
Quoting pedross
Providing the candle/wick touched the lower band this was a valid trade?


Attachment

Pete
Yes,

Perfect entry point is .98180 exit is top of TMA.

Quick trade and do not get discouraged.There are more setups around the corner.
  • #1,342
  • Jun 20, 2011 2:00am Jun 20, 2011 2:00am
I exit 2 try usdchf with -5 pips, more luck next time...
  • #1,343
  • Jun 20, 2011 2:08am Jun 20, 2011 2:08am
Swissy loss minus 15 again!

Pete
  • #1,344
  • Jun 20, 2011 2:10am Jun 20, 2011 2:10am
Hi Kevinator
Are you still holding your usd/chf trade just hit daily pivot
  • #1,345
  • Jun 20, 2011 2:14am Jun 20, 2011 2:14am
Quoting logic38
Hi Kevinator
Are you still holding your usd/chf trade just hit daily pivot
Yes I am..my stop loss is -25 which is close but not taken out yet.
  • #1,346
  • Jun 20, 2011 2:15am Jun 20, 2011 2:15am
for me start not so good , loss -20
on swissy
Attached Image (click to enlarge)
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  • #1,347
  • Jun 20, 2011 2:21am Jun 20, 2011 2:21am
This is a old MOM trade from june 9th usdchf.

Drawdown of 28 pips.
Attached Image (click to enlarge)
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  • #1,348
  • Jun 20, 2011 2:22am Jun 20, 2011 2:22am
To me it seems that you were trading against the trend with that one. The action is inside the channel sloping down so maybe only short there.

This comment for Punisher.
  • #1,349
  • Jun 20, 2011 2:29am Jun 20, 2011 2:29am
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?
Attached Image (click to enlarge)
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  • #1,350
  • Jun 20, 2011 2:29am Jun 20, 2011 2:29am
Hi all am new to this system looks good. Nice and clean with posative traders looking forward to learning the system.
Trading from New Zealand so time frame is good for me.
Thanks Kevin and everyone in advance
  • #1,351
  • Jun 20, 2011 2:30am Jun 20, 2011 2:30am
gbpusd sell.. a little bit early..
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-20 11-25 GBPUSD 5min.JPG Size: 113 KB
  • #1,352
  • Jun 20, 2011 2:34am Jun 20, 2011 2:34am
Quoting exking
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?
Yes I am eying that trade and waiting patiently for price to cross the upper TMA then entry.

I will enter at the cross of upper TMA band.Then take the reversal to the bottom in the direction of the 4hr trend.
  • #1,353
  • Jun 20, 2011 2:35am Jun 20, 2011 2:35am
I took shot at this... it may look a bit premature.. regards to not hitting the upper band yet and no rf.. but it worth the risk to me the down side at worst for me would be -15 it it gets away from me at the turn around..
Attached Image (click to enlarge)
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  • #1,354
  • Jun 20, 2011 2:35am Jun 20, 2011 2:35am
Quoting Dave1
To me it seems that you were trading against the trend with that one. The action is inside the channel sloping down so maybe only short there.

This comment for Punisher.
thanks for the Info, but that Trade was confirm by the MOM setup

the Funny thing is now after the fact the Stoch H4 show now Short, but at the moment the setup was it was long , so everybuddy make backtesting , you can forget that , is wast of time.

and now we are 35pips drawdown if someone will hold, where will be an SL?

cheers
  • #1,355
  • Jun 20, 2011 2:37am Jun 20, 2011 2:37am
Quoting exking
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?

Get ready for GBPUSD everyone
  • #1,356
  • Jun 20, 2011 2:38am Jun 20, 2011 2:38am
Quoting punisher
thanks for the Info, but that Trade was confirm by the MOM setup

the Funny thing is now after the fact the Stoch H4 show now Short, but at the moment the setup was it was long , so everybuddy make backtesting , you can forget that , is wast of time.

and now we are 35pips drawdown if someone will hold, where will be an SL?

cheers
you did perfectly fine Punisher... trade was valid and its just a small pump on the road..
lick your wounds and move on...

i just got hit for -15 on G/U... np... next..
  • #1,357
  • Jun 20, 2011 2:40am Jun 20, 2011 2:40am
Hello,
I'm long on eurusd, I trade reversal on stock 1H, but against 4H
Is this trade correct according the system?
Attached Image (click to enlarge)
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  • #1,358
  • Jun 20, 2011 2:44am Jun 20, 2011 2:44am
Yeh, cable just hit a brick wall at 1.6150.
  • #1,359
  • Jun 20, 2011 2:44am Jun 20, 2011 2:44am
guys..

LOVE YOUR LOSSES.. that's how you get to big winners and build the winning attitude.. which leads to confidence and consistency at the end..

confidence: battle is won, before it's even fought.. (don't worry it comes with experience).. stick with the game plan.
  • #1,360
  • Jun 20, 2011 2:46am Jun 20, 2011 2:46am
gb/usd gb/jpy poss MoM trades
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