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45 Combo - momentum system

  • #1,101
  • Feb 9, 2015 2:22am Feb 9, 2015 2:22am
if you see a bounce off or more struggle at eu's recent high.. then it's wise to take the 10-12 pips to be back to breakeven if you have taken two losses like me .
  • #1,102
  • Feb 9, 2015 2:24am Feb 9, 2015 2:24am
Quoting Hammertop
Ty, going back to an old subject (I know I'm stirring trouble here LOL), on this long EU considering price has moved 12 pips already, would there be room for a pending order at the original entry level for those who missed or should we just get peace of mind?
Ya you can.. the risk on this trade is about 7 so its not bad.
  • #1,103
  • Feb 9, 2015 2:28am Feb 9, 2015 2:28am
The EU is gonna POP
  • #1,104
  • Feb 9, 2015 2:29am Feb 9, 2015 2:29am
Hello Ty.
I'm sorry if i ask OOT.
What broker do you use?
I use FXCM demo the spread on EU is 2.5 which made my risk about 10 on EU
  • #1,105
  • Feb 9, 2015 2:29am Feb 9, 2015 2:29am
I hope
  • #1,106
  • Feb 9, 2015 2:33am Feb 9, 2015 2:33am
+10 banked.... -2 for the day..

If I was not down 2 mid way my session then I would have kept it for the target mark... but in reverse if this one also become a loser then I would be -19 near end of my session with only an hour to make it back.

Daily management.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 28 KB
  • #1,107
  • Feb 9, 2015 2:42am Feb 9, 2015 2:42am
Quoting Belmort
Hello Ty. I'm sorry if i ask OOT. What broker do you use? I use FXCM demo the spread on EU is 2.5 which made my risk about 10 on EU
You don't see what broker I use??
  • #1,108
  • Feb 9, 2015 2:46am Feb 9, 2015 2:46am
Quoting fx-Tycoon
{quote} You don't see what broker I use??
Ahaha.. Sorry for not noticing in your chart bro. Silly me
  • #1,109
  • Feb 9, 2015 2:57am Feb 9, 2015 2:57am
uj short.. risk a bit high on this (8.5)
  • #1,110
  • Feb 9, 2015 2:59am Feb 9, 2015 2:59am
Same here short UJ
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 52 KB
  • #1,111
  • Feb 9, 2015 3:01am Feb 9, 2015 3:01am
Banked 10 on eu .. got out at +1 eujpy, in gbpusd now, my patience is being tested this am lol
Attached Image (click to enlarge)
Click to Enlarge Name: 9 feb gbp 836am GBPUSDSBM1.png Size: 87 KB
  • #1,112
  • Feb 9, 2015 3:07am Feb 9, 2015 3:07am
Not much momentum, I've taken a few trades currently +6 for the day.
  • #1,113
  • Feb 9, 2015 3:09am Feb 9, 2015 3:09am
uj -8.5...

-10.5 so far..
  • #1,114
  • Feb 9, 2015 3:12am Feb 9, 2015 3:12am
I regret not taking the gu, just hit the target mark.. risk was the same as uj on it...
not good on my side.. oh well.

nice job russ for taking action on the gu, you are a happy man now.
  • #1,115
  • Feb 9, 2015 3:13am Feb 9, 2015 3:13am
-7.5 on UJ, but GU is looking good...
  • #1,116
  • Feb 9, 2015 3:18am Feb 9, 2015 3:18am
Quoting fx-Tycoon
I regret not taking the gu, just hit the target mark.. risk was the same as uj on it... not good on my side.. oh well. nice job russ for taking action on the gu, you are a happy man now.
Thanks Ty

Tp now .. it was slow but it is a monday morning here in UK i suppose. I am done for the day now , catch you guys later !

russtrader
  • #1,117
  • Feb 9, 2015 3:19am Feb 9, 2015 3:19am
Bad luck Fx, I bailed early on the G/U and banked some profits as the UJ trade was looking dodgy.

One question on that UJ trade there was another possible entry a few bars later (although on closer examination it didn't quite touch the 40) I moved my stop to that swing high losing 3.9 at the end. Is that the correct thing to do or should I have left it and sweated it out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (18).png Size: 198 KB
  • #1,118
  • Feb 9, 2015 3:24am Feb 9, 2015 3:24am
Quoting schoe
Bad luck Fx, I bailed early on the G/U as well and banked some profits as the UJ trade was looking dodgy. One question on that UJ trade there was another possible entry a few bars later I moved my stop to that swing high losing 3.9 at the end. Is that the correct thing to do or should I have left it and sweated it out. {image}
I am against early too aggressive TS play.
..but you can do as you see fit.
  • #1,119
  • Feb 9, 2015 3:25am Feb 9, 2015 3:25am
Quoting Belmort
Hello Ty. I'm sorry if i ask OOT. What broker do you use? I use FXCM demo the spread on EU is 2.5 which made my risk about 10 on EU
That broker is well know for stop hunt and tempting with charts....lol guess is the same Fx tycoon is using that would answer my question...

https://www.google.com/search?q=fxcm...utf-8&oe=utf-8
  • #1,120
  • Feb 9, 2015 3:32am Feb 9, 2015 3:32am
My GU finally to TP, I had a poor entry on that, EU still wandering around...
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