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45 Combo - momentum system

  • #501
  • Jan 30, 2015 1:32am Jan 30, 2015 1:32am
Quoting Mr.Ma
Just entered short on EU. 4 Pips is it worth to find out if its the right direction or not {image}
4 pips to find out if it's franky fakey or franky real, lol
  • #502
  • Jan 30, 2015 1:32am Jan 30, 2015 1:32am
Short EU. Trigger bar on my feed was at 9:21. Limit entry at 9:26
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 68 KB
  • #503
  • Jan 30, 2015 1:33am Jan 30, 2015 1:33am
Quoting fx-Tycoon
eu short... {image}
Nice! I was going going to enter this one but wasn't comfortable with it being a double bounce and hesitated.....lesson learned!
Good luck on that one, the move looks strong.

EDIT: I also would have placed my stop 2 pips higher than you all did.........back to 'reading and absorbing' I guess!!
RE-EDIT: Crete put his/her SL right where I would have put mine.
  • #504
  • Jan 30, 2015 1:34am Jan 30, 2015 1:34am
Quoting fx-Tycoon
{quote} 4 pips to find out if it's franky fakey or franky real, lol
yeah!
franky fakey is pain in the a.. most of the time. LOL

EDIT: and it was!!! but I got out at +1 so fortunately no loss for me.
  • #505
  • Jan 30, 2015 1:37am Jan 30, 2015 1:37am
Quoting Alkatraz
{quote} Nice! I was going going to enter this one but wasn't comfortable with it being a double bounce and hesitated.....lesson learned! Good luck on that one, the move looks strong.
It can't get any better than this for a signal.

Rest of the stuff double this double that s/r, pivot, RN and whatever a heck else will bring nothing but second guessing and inconsistency.
  • #506
  • Jan 30, 2015 1:38am Jan 30, 2015 1:38am
EU stop hit
  • #507
  • Jan 30, 2015 1:38am Jan 30, 2015 1:38am
Quoting fx-Tycoon
eu short... {image}

-4...
  • #508
  • Jan 30, 2015 1:40am Jan 30, 2015 1:40am
Now... do we go short for the rest of this hour even if the most stunning signal arrives??
  • #509
  • Jan 30, 2015 1:41am Jan 30, 2015 1:41am
is anyone in the last GU short?
  • #510
  • Jan 30, 2015 1:43am Jan 30, 2015 1:43am
Quoting fx-Tycoon
Now... do we go short for the rest of this hour even if the most stunning signal arrives??
NOOOOOO!!!
1 trade in one direction per hour
  • #511
  • Jan 30, 2015 1:44am Jan 30, 2015 1:44am
Quoting Mr.Ma
{quote} NOOOOOO!!! 1 trade in one direction per hour
right on..
  • #512
  • Jan 30, 2015 1:47am Jan 30, 2015 1:47am
Quoting fx-Tycoon
{quote} It can't get any better than this for a signal. Rest of the stuff double this double that s/r, pivot, RN and whatever a heck else will bring nothing but second guessing and inconsistency.
^this is gold. Second guessing and over-thinking is EASILY my biggest issue with trading. Have missed countless perfect entries due to this!
  • #513
  • Jan 30, 2015 1:47am Jan 30, 2015 1:47am
Watch eu, boy aren't you glad your out with just 4pips loss rather loser -10 (for those who use hard 10 stops) or No sell and stick around and hope for return.


Example of controlling your own destiny while your taking aggressive shots for pay.
  • #514
  • Jan 30, 2015 1:49am Jan 30, 2015 1:49am
Quoting Mr.Ma
{quote} NOOOOOO!!! 1 trade in one direction per hour
Maybe missing that one will prove positive for me sometime later this hour then
  • #515
  • Jan 30, 2015 1:50am Jan 30, 2015 1:50am
Quoting Alkatraz
{quote} ^this is gold. Second guessing and over-thinking is EASILY my biggest issue with trading. Have missed countless perfect entries due to this!

Right on... get yourself free from Alkatraz baby, lol


btw... I get to your other post later on... it was too long so I read and respond later on.
  • #516
  • Jan 30, 2015 1:51am Jan 30, 2015 1:51am
good morning,

startet with a loss...EU-5
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD30.01.15.png Size: 95 KB
trading is like dancing, don't think and just listen to the music!
  • #517
  • Jan 30, 2015 1:51am Jan 30, 2015 1:51am
Quoting Mr.Ma
is anyone in the last GU short?
I didn't jump into that one due to the SL being 10+ pips away on my chart.
  • #518
  • Jan 30, 2015 1:53am Jan 30, 2015 1:53am
Quoting fx-Tycoon
{quote} Right on... get yourself free from Alkatraz baby, lol btw... I get to your other post later on... it was too long so I read and respond later on.
No problems buddy. Make pips first then worry about it!
  • #519
  • Jan 30, 2015 1:54am Jan 30, 2015 1:54am
Morning fx-Tycoon. I'm with you on the loss. Waiting for next opportunity... Meanwhile, I'd like to ask about GU, but since you didn't take it I suppose I already have my answer. We need the price to actually touch the 40 ma not just like shown in the picture, is that right? Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-30_08-47-25.png Size: 28 KB
  • #520
  • Jan 30, 2015 1:59am Jan 30, 2015 1:59am
Quoting Hammertop
Morning fx-Tycoon. I'm with you on the loss. Waiting for next opportunity... Meanwhile, I'd like to ask about GU, but since you didn't take it I suppose I already have my answer. We need the price to actually touch the 40 ma not just like shown in the picture, is that right? Thanks {image}

Yep no touch there.. we need that reaction/rejection.
Anyhow I keep it as such for the sake of discipline. Plus I was already in the bear move with eu so I would still take advantage if it meant to run. so no need to add on a ify one.
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