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  • Post #1,341
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  • Jun 20, 2011 2:57am Jun 20, 2011 2:57am
  •  kevinator
  • | Joined Oct 2008 | Status: Member | 318 Posts
Quoting pedross
Disliked
Providing the candle/wick touched the lower band this was a valid trade?


Attachment 724074

Pete
Ignored
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.
 
 
  • Post #1,342
  • Quote
  • Jun 20, 2011 3:00am Jun 20, 2011 3:00am
  •  torbarxa
  • | Joined Apr 2011 | Status: Member | 91 Posts
I exit 2 try usdchf with -5 pips, more luck next time...
 
 
  • Post #1,343
  • Quote
  • Jun 20, 2011 3:08am Jun 20, 2011 3:08am
  •  pedross
  • | Joined May 2010 | Status: Member | 276 Posts
Swissy loss minus 15 again!

Pete
 
 
  • Post #1,344
  • Quote
  • Jun 20, 2011 3:10am Jun 20, 2011 3:10am
  •  logic38
  • | Joined Mar 2008 | Status: Member | 172 Posts
Hi Kevinator
Are you still holding your usd/chf trade just hit daily pivot
 
 
  • Post #1,345
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  • Jun 20, 2011 3:14am Jun 20, 2011 3:14am
  •  kevinator
  • | Joined Oct 2008 | Status: Member | 318 Posts
Quoting logic38
Disliked
Hi Kevinator
Are you still holding your usd/chf trade just hit daily pivot
Ignored
Yes I am..my stop loss is -25 which is close but not taken out yet.
 
 
  • Post #1,346
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  • Jun 20, 2011 3:15am Jun 20, 2011 3:15am
  •  punisher
  • | Joined Apr 2010 | Status: Member | 337 Posts
for me start not so good , loss -20
on swissy
Attached Image (click to enlarge)
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  • Post #1,347
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  • Jun 20, 2011 3:21am Jun 20, 2011 3:21am
  •  kevinator
  • | Joined Oct 2008 | Status: Member | 318 Posts
This is a old MOM trade from june 9th usdchf.

Drawdown of 28 pips.
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  • Post #1,348
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  • Jun 20, 2011 3:22am Jun 20, 2011 3:22am
  •  Dave1
  • | Joined Apr 2006 | Status: Member | 115 Posts
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.
 
 
  • Post #1,349
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  • Jun 20, 2011 3:29am Jun 20, 2011 3:29am
  •  exking
  • | Joined Sep 2010 | Status: Member | 412 Posts
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?
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  • Post #1,350
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  • Jun 20, 2011 3:29am Jun 20, 2011 3:29am
  •  shogeki
  • | Joined May 2011 | Status: Member | 52 Posts
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
 
 
  • Post #1,351
  • Quote
  • Jun 20, 2011 3:30am Jun 20, 2011 3:30am
  •  abc-forex
  • | Joined Jun 2011 | Status: Member | 126 Posts
gbpusd sell.. a little bit early..
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  • Post #1,352
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  • Jun 20, 2011 3:34am Jun 20, 2011 3:34am
  •  kevinator
  • | Joined Oct 2008 | Status: Member | 318 Posts
Quoting exking
Disliked
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?
Ignored
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.
 
 
  • Post #1,353
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  • Jun 20, 2011 3:35am Jun 20, 2011 3:35am
  •  P.Dean
  • | Additional Username | Joined May 2011 | 1,866 Posts
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..
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  • Post #1,354
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  • Jun 20, 2011 3:35am Jun 20, 2011 3:35am
  •  punisher
  • | Joined Apr 2010 | Status: Member | 337 Posts
Quoting Dave1
Disliked
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.
Ignored
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
 
 
  • Post #1,355
  • Quote
  • Jun 20, 2011 3:37am Jun 20, 2011 3:37am
  •  peterporter
  • | Joined Mar 2010 | Status: Member | 401 Posts
Quoting exking
Disliked
Hi and Thanks for everything,
Do we have a possible short entry on GBPUSD when RF gives the signal?
Ignored

Get ready for GBPUSD everyone
 
 
  • Post #1,356
  • Quote
  • Jun 20, 2011 3:38am Jun 20, 2011 3:38am
  •  P.Dean
  • | Additional Username | Joined May 2011 | 1,866 Posts
Quoting punisher
Disliked
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
Ignored
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..
 
 
  • Post #1,357
  • Quote
  • Jun 20, 2011 3:40am Jun 20, 2011 3:40am
  •  torbarxa
  • | Joined Apr 2011 | Status: Member | 91 Posts
Hello,
I'm long on eurusd, I trade reversal on stock 1H, but against 4H
Is this trade correct according the system?
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  • Post #1,358
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  • Jun 20, 2011 3:44am Jun 20, 2011 3:44am
  •  Dave1
  • | Joined Apr 2006 | Status: Member | 115 Posts
Yeh, cable just hit a brick wall at 1.6150.
 
 
  • Post #1,359
  • Quote
  • Jun 20, 2011 3:44am Jun 20, 2011 3:44am
  •  P.Dean
  • | Additional Username | Joined May 2011 | 1,866 Posts
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.
 
 
  • Post #1,360
  • Quote
  • Jun 20, 2011 3:46am Jun 20, 2011 3:46am
  •  logic38
  • | Joined Mar 2008 | Status: Member | 172 Posts
gb/usd gb/jpy poss MoM trades
 
 
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