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45 Combo - momentum system

  • #961
  • Feb 5, 2015 2:08am Feb 5, 2015 2:08am
Quoting Alkatraz
{quote} Cant ask for more than that chief! Congrats! In regards to current UJ, did you get in on the first bounce or wait for the second one? I waited for the second as I did not like the sideways momo of price on the first entry. The second one looked MUCH stronger to me with a good swing down, small push through the 40EMA and then a strong move back up. EDIT: I actually just realised that i had the thickness of my 40EMA line set far to high so it made it look like the candle wick hit it when it actually didn't quite.

The first one as you see I got the touch... I did not want to show this because I exited at 10 to finish the 1st hour for a solid +30... part of DM stuff.
The risk was just so super low.
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  • #962
  • Feb 5, 2015 2:16am Feb 5, 2015 2:16am
atm if your watching... ej is presenting a buy signal... is it wise to take it? (taking into account the risk of it and your money position)
  • #963
  • Feb 5, 2015 2:19am Feb 5, 2015 2:19am
Quoting fx-Tycoon
atm if your watching... ej is presenting a buy signal... is it wise to take it? (taking into account the risk of it and your money position)
40 pips is a bit more than a pullback for me
  • #964
  • Feb 5, 2015 2:20am Feb 5, 2015 2:20am
Quoting fx-Tycoon
atm if your watching... ej is presenting a buy signal... is it wise to take it? (taking into account the risk of it and your money position)
If I was in your position (+30 already) I would not take it due to the move upwards already being +80pips. Unfortunately I was currently on +/- 0 pips so I took it and lost 6pips within 2 mins.......

So to answer your question.....no, its not wise to take it lol!!
  • #965
  • Feb 5, 2015 2:21am Feb 5, 2015 2:21am
Quoting pullup
{quote} 40 pips is a bit more than a pullback for me
^This too!
  • #966
  • Feb 5, 2015 2:25am Feb 5, 2015 2:25am
pullup and alkatraz both correct.

Like pull said... the damn thing is already drained itself out for +80 and pullback is a long swing by itself... so, if your already up a good amount, there is no reason to risk your earned money today as alkatraz touch too.

Good job both.
  • #967
  • Feb 5, 2015 2:29am Feb 5, 2015 2:29am
What are your thoughts on closing UJ with a small profit now? Or at least moving SL to BE.

Momo seems to be gone. For me I could get myself back to +/-0 pips and you could protect your gains. Opinion?
  • #968
  • Feb 5, 2015 2:33am Feb 5, 2015 2:33am
Quoting stimull
sorry,bad enghlish,I entry good? {image}

Sure, it's exactly according to the plan.
  • #969
  • Feb 5, 2015 2:37am Feb 5, 2015 2:37am
Quoting fx-Tycoon
{quote} Sure, it's exactly according to the plan.
thank you
  • #970
  • Feb 5, 2015 2:40am Feb 5, 2015 2:40am
Quoting Belmort
{quote} I'm not understand. Why did u take the trade Ty? The measurement of swing is not good. ...
I will reply for now although you asked the boss. Swing was 13 pips. You want more than that?
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  • #971
  • Feb 5, 2015 2:56am Feb 5, 2015 2:56am
Quoting Hammertop
{quote} I will reply for now although you asked the boss. Swing was 13 pips. You want more than that? {image}
Yes the swing is not a problem.
What I meant is the distance.
Like explained here.
  • #972
  • Feb 5, 2015 3:03am Feb 5, 2015 3:03am
Quoting fx-Tycoon
{quote} Sure, it's exactly according to the plan.
Sorry if I interfere, Tycoon, but I'm sure you overlooked stimull's picture. His entry was much earlier than it should be and to me it looks like there's some misunderstanding on his side.
  • #973
  • Feb 5, 2015 3:08am Feb 5, 2015 3:08am
Hoping GU is going to give us a signal - there is some very nice momentum.
  • #974
  • Feb 5, 2015 3:31am Feb 5, 2015 3:31am
Quoting Hammertop
{quote} Sorry if I interfere, Tycoon, but I'm sure you overlooked stimull's picture. His entry was much earlier than it should be and to me it looks like there's some misunderstanding on his side.
I agree to the input signal was before, I jumped into the passing train, that is, late entry...sorry bad English
  • #975
  • Feb 5, 2015 3:33am Feb 5, 2015 3:33am
Quoting Hammertop
{quote} Sorry if I interfere, Tycoon, but I'm sure you overlooked stimull's picture. His entry was much earlier than it should be and to me it looks like there's some misunderstanding on his side.

You think I did not see his phenomenon entry point, lol... like I said exactly according to the plan

Some of of these people amaze me, lol
  • #976
  • Feb 5, 2015 3:40am Feb 5, 2015 3:40am
Quoting fx-Tycoon
{quote} You think I did not see his phenomenon entry point, lol... like I said exactly according to the plan Some of of these people amaze me, lol
Sarcasm is not detected well on the internet
  • #977
  • Feb 5, 2015 3:45am Feb 5, 2015 3:45am
Quoting fx-Tycoon
{quote} You think I did not see his phenomenon entry point, lol... like I said exactly according to the plan Some of of these people amaze me, lol
Sorry, I didnt catch it LOL His entry price ended up being almost the same as the legitimate one, so I thought you overlooked the blue arrow position.
BTW what are u doing still up? You should be in ur cozy bed by now
  • #978
  • Feb 5, 2015 3:50am Feb 5, 2015 3:50am
I must admit that I do not have much tolerance for laziness. The least one can do is to read the 1st two posts a few times and fully understand the core of whats being presented as simple and uncomplicated as it is but yet people just ignore it and prefer to pop a chart and ask a irrelevant stuff.


This particular guys entry is just the opposite and a what not to do or avoid to do... and he dares to ask if it's rather good or not!!.. lol
So either is a mock or total laziness... either way the sarcasm reply is the nicest way to counter it believe it or not.

It's funny world anyways.
  • #979
  • Feb 5, 2015 3:57am Feb 5, 2015 3:57am
Quoting Hammertop
{quote} Sorry, I didnt catch it LOL His entry price ended up being almost the same as the legitimate one, so I thought you overlooked the blue arrow position. BTW what are u doing still up? You should be in ur cozy bed by now
Your right, going already.


Night all.
  • #980
  • Feb 5, 2015 4:01am Feb 5, 2015 4:01am
Quoting Belmort
{quote} Yes the swing is not a problem. What I meant is the distance. Like explained here.
Ok, since you mentioned swing I thought that was what you were referring to. To carry on with my 2c, that was a superb signal imho. The price retraced back to the cross level, risk was low, distance from entry to the high was enough (don't forget we're trading m1), so definitely a go, as many of us, first of all Tycoon, thought here. I would suggest you to go back and look at the charts shown from the beginning by him. You will see many similar entries, distance-wise.
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