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45 Combo - momentum system

  • #501
  • Jan 29, 2015 11:32pm Jan 29, 2015 11:32pm
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 29, 2015 11:32pm Jan 29, 2015 11:32pm
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 29, 2015 11:33pm Jan 29, 2015 11:33pm
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 29, 2015 11:34pm Jan 29, 2015 11:34pm
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 29, 2015 11:37pm Jan 29, 2015 11:37pm
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 29, 2015 11:38pm Jan 29, 2015 11:38pm
EU stop hit
  • #507
  • Jan 29, 2015 11:38pm Jan 29, 2015 11:38pm
Quoting fx-Tycoon
eu short... {image}

-4...
  • #508
  • Jan 29, 2015 11:40pm Jan 29, 2015 11:40pm
Now... do we go short for the rest of this hour even if the most stunning signal arrives??
  • #509
  • Jan 29, 2015 11:41pm Jan 29, 2015 11:41pm
is anyone in the last GU short?
  • #510
  • Jan 29, 2015 11:43pm Jan 29, 2015 11:43pm
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 29, 2015 11:44pm Jan 29, 2015 11:44pm
Quoting Mr.Ma
{quote} NOOOOOO!!! 1 trade in one direction per hour
right on..
  • #512
  • Jan 29, 2015 11:47pm Jan 29, 2015 11:47pm
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 29, 2015 11:47pm Jan 29, 2015 11:47pm
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 29, 2015 11:49pm Jan 29, 2015 11:49pm
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 29, 2015 11:50pm Jan 29, 2015 11:50pm
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 29, 2015 11:51pm Jan 29, 2015 11:51pm
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 29, 2015 11:51pm Jan 29, 2015 11:51pm
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 29, 2015 11:53pm Jan 29, 2015 11:53pm
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 29, 2015 11:54pm Jan 29, 2015 11:54pm
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 29, 2015 11:59pm Jan 29, 2015 11:59pm
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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