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  • #161
  • Aug 1, 2011 6:31am Aug 1, 2011 6:31am
as my last post stated, there can be some confusion with the values associated with the TMA trend value, although when I entered my trade the value was below my number of 35, this was only due to the fact that there had been a couple of wild swings which had "reset" the trend

i will be thinking of a way to stop this possible source of confusion

my current thinking is to have yet another trend value, however this one is based on the TMA period, ie. then we would have a "short term trend" value and a "long term trend" value

of course none of this would have happened if I had been eyeballing the charts better, I need to get my computer fixed so that I don't have to try and trade from my laptop (which is a nightmare)
  • #162
  • Aug 1, 2011 6:35am Aug 1, 2011 6:35am
Quoting Sebastiaan76
John,
I'm in same trade. It's so logical! Price is above the bands ( i.e. it's Overbought).
It makes a high, then a second attempt - and fails. It's ripe for a short!

RF finder triggers, and away it goes

what are your thoughts about a possible MOM trade long from the mid line, or opposite band?

sebastiaan..

remember the reco's....
firstly you need a STRIKING BAND.. before fitting a MOM or Mid MOM play..

at moment we got a direction bullish but its mild its not quite striking...

little details to pay attention too that will make the difference.
good thinking and open eyes for opportunities.. its awesome.
  • #163
  • Aug 1, 2011 6:36am Aug 1, 2011 6:36am
If this level holds as support, and we get a nice RF long indication ( preferably after a double bottom at this level ) - then I will long.

Not strictly by the rules, but hopefullly it happens around the mid line or below it for a MOM trade
Attached Image (click to enlarge)
Click to Enlarge Name: eu-trade3.jpg Size: 145 KB
- Look to the left, Trade to the right - I am the system
  • #164
  • Aug 1, 2011 6:40am Aug 1, 2011 6:40am
Quoting P.Dean

perfectly done by John here.. awesome job. ( same for ison)
thanks for your comments p.dean...

ismail...
  • #165
  • Aug 1, 2011 6:48am Aug 1, 2011 6:48am
Quoting Sebastiaan76
If this level holds as support, and we get a nice RF long indication ( preferably after a double bottom at this level ) - then I will long.

Not strictly by the rules, but hopefullly it happens around the mid line or below it for a MOM trade
A mid band play in this situation will fail you 8 out 10 times...
re-read my explanation little while ago... you need a STRIKING pa ban... you got a half ass one at best..
just a brotherly advise.
  • #166
  • Aug 1, 2011 6:49am Aug 1, 2011 6:49am
Quoting P.Dean
ok.. trading hours..
Frankfurt open to London close..

grinding it out baby... some days i make more than enough before NYS and i close shop other times got stay to make ends meat.. lol

what london u.k. times do you trade ? will you show your live trades on this thread ? do you trade usd / jpy ?

thanks
  • #167
  • Aug 1, 2011 6:52am Aug 1, 2011 6:52am
This is a recent PA trade I made about 1 HR ago it is live in the market now
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  • #168
  • Aug 1, 2011 6:52am Aug 1, 2011 6:52am
Quoting P.Dean
A mid band play in this situation will fail you 8 out 10 times...
re-read my explanation little while ago... you need a STRIKING pa ban... you got a half ass one at best..
just a brotherly advise.
hmmm. am seeing that now. Thankfully i didnt get a signal! will wait until its at the bottom band and reassess.
- Look to the left, Trade to the right - I am the system
  • #169
  • Aug 1, 2011 6:54am Aug 1, 2011 6:54am
I will pose a important and super technical question to see who can see the true face of the situation and come up with the correct answer..

looking at EU chat at the moment.. its retracing back to the lower band..
if it reaches the lower band and bounces.. what is the setup trade that you have?

a) NT
b) MOM
c) Neither
  • #170
  • Aug 1, 2011 6:57am Aug 1, 2011 6:57am
Quoting whatfx
what london u.k. times do you trade ? will you show your live trades on this thread ? do you trade usd / jpy ?

thanks

you must have just woke up and looked at this thread.. lol.. jk
I advise to do some reading..

but to answer you anyhow..
I trade all of it..
i have been showing live trades..
no i do not trade that pair..
  • #171
  • Aug 1, 2011 7:00am Aug 1, 2011 7:00am
Dean, i would say it would be more of a NT trade (with a long bias ).

p.s. really appreciate your system and your input Dean.
- Look to the left, Trade to the right - I am the system
  • #172
  • Aug 1, 2011 7:05am Aug 1, 2011 7:05am
Quoting Sebastiaan76
Dean, i would say it would be more of a NT trade (with a long bias ).

p.s. really appreciate your system and your input Dean.
you are correct..

the reasoning is simple..
in order to have a MOM or a Mid MOM setup firstly we will need a striking band and not a mild one.. so simply a so closed MOM or Mid mom looking setup can be rejected by a experienced well aware trader within his own range of trading plan.. thats what its all about.

and you are most welcomed.
  • #173
  • Aug 1, 2011 7:10am Aug 1, 2011 7:10am
Missed it...
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  • #174
  • Aug 1, 2011 7:24am Aug 1, 2011 7:24am
EURUSD - Buy N/MS BT

EDIT:- Very quickly got slaughtered - (-10.5 Pips)
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  • #175
  • Aug 1, 2011 7:29am Aug 1, 2011 7:29am
John,
I'm also in this trade on EU. But it looks like it's going to have one more push down :/
- Look to the left, Trade to the right - I am the system
  • #176
  • Aug 1, 2011 7:30am Aug 1, 2011 7:30am
EU NT setup live..
Attached Image (click to enlarge)
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  • #177
  • Aug 1, 2011 7:31am Aug 1, 2011 7:31am
Quoting jmw1970
EURUSD - Buy N/MS BT

EDIT:- Very quickly got slaughtered - (-10.5 Pips)
got the same trade, too. -12 pips...
  • #178
  • Aug 1, 2011 7:32am Aug 1, 2011 7:32am
Quoting jmw1970
EURUSD - Buy N/MS BT

EDIT:- Very quickly got slaughtered - (-10.5 Pips)

i am on the same trade but not got hit yet barely alive...
make sure u use the buffer for sl's too..

edit.. got hit too for +15
  • #179
  • Aug 1, 2011 7:34am Aug 1, 2011 7:34am


Dean, was anything wrong with the signal, or this just one of those things?
- Look to the left, Trade to the right - I am the system
  • #180
  • Aug 1, 2011 7:37am Aug 1, 2011 7:37am
Yeah I was coming post it too. Got my teeth kicked in all morning. Lost 2 trades already. One with this way and one with my way. Oh well moving on. 1 more loss and I have to close shop till tomorrow.
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