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45 Combo - momentum system

  • #1,401
  • Feb 13, 2015 1:41am Feb 13, 2015 1:41am
Quoting fx-Tycoon
{quote} I was talking about the Narrow signal... do you know what that is Steven?
Narrow signal? On EJ? No, you lost me there.
  • #1,402
  • Feb 13, 2015 1:41am Feb 13, 2015 1:41am
Quoting birdland
took UJ long with two trades, because the risk of both trades was still below 10 pips and perfect PA +20*2...so +40 for the day, i am done. {image}
well done
  • #1,403
  • Feb 13, 2015 1:42am Feb 13, 2015 1:42am
Quoting birdland
took UJ long with two trades, because the risk of both trades was still below 10 pips and perfect PA +20*2...so +40 for the day, i am done. {image}

PA don't mean a thing...
Have a plan and repeat it like a mad habit.

Trading before liq time arriving, double doze from same spot!!... not wise.

If you plan is to trade hour before the open, well then great work job done well. but if you plan is to sometimes trade before sometimes after and so on.. then you will have problem with consistency IN THE LONG RUN.
.. but is really worse is that you went double doze bcz of PA looking perfect!!... what's that mean.
  • #1,404
  • Feb 13, 2015 1:43am Feb 13, 2015 1:43am
Quoting stevespray
{quote} Narrow signal? On EJ? No, you lost me there.
That's right... Now please read the thread.

Thanks in advance.
  • #1,405
  • Feb 13, 2015 1:47am Feb 13, 2015 1:47am
Quoting fx-Tycoon
{quote} That's right... Now please read the thread. Thanks in advance.
I read the thread. Twice in fact!

The EJ entry was using the original method. Can you look again please?


Cheers muchly.
  • #1,406
  • Feb 13, 2015 1:52am Feb 13, 2015 1:52am
Quoting fx-Tycoon
I have my stop at -3 pips for the GU.
Hi Ty. To reduce risk? Is -3 a fixed number or for other reasons? Thanks
  • #1,407
  • Feb 13, 2015 1:59am Feb 13, 2015 1:59am
Out for +10... I want to walk away with 10 from 1st hour on the edge of London open to have a good look at that open with some money in the bag for possibly fresh money coming in.. it was not much liq in the franky open.
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  • #1,408
  • Feb 13, 2015 2:01am Feb 13, 2015 2:01am
Quoting Hammertop
{quote} Hi Ty. To reduce risk? Is -3 a fixed number or for other reasons? Thanks
Nothing fix.. its was a major struggle at 7 pips mark and chance of possible bounce so thats all i wanted to lose before London open and still giving it room to make a move its intention was continuation.
  • #1,409
  • Feb 13, 2015 2:09am Feb 13, 2015 2:09am
You guys see the current a few pump up moves long on eu,ej and gu... thats a sign of liquidity.
Just something to look for when your watching the chart in early part of each session.
  • #1,410
  • Feb 13, 2015 2:11am Feb 13, 2015 2:11am
Out +26 EJ
  • #1,411
  • Feb 13, 2015 2:11am Feb 13, 2015 2:11am
Morning all, I was a little later at my desk so took GU short a little later, when i saw the struggle at 1.5395 moved my stop to BE.
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Persistence will get it. Consistency will keep it.
  • #1,412
  • Feb 13, 2015 2:13am Feb 13, 2015 2:13am
The call for this hour is... to watch dog the eu and ej as the better options for a long possible trade.
If your already in a good money position you should not mind a higher risk one like -10... for me I got 10 so I be willing to risk that but I much rather like to be getting involve in a 5-6 pips risk range. so some left for a second shot down the road.
  • #1,413
  • Feb 13, 2015 2:15am Feb 13, 2015 2:15am
Quoting fx-Tycoon
Out for +10... I want to walk away with 10 from 1st hour on the edge of London open to have a good look at that open with some money in the bag for possibly fresh money coming in.. it was not much liq in the franky open. {image}
Banked shortly after you too
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  • #1,414
  • Feb 13, 2015 2:16am Feb 13, 2015 2:16am
Quoting Chake
Morning all, I was a little later at my desk so took GU short a little later, when i saw the struggle at 1.5395 moved my stop to BE. {image}
Nice job... you were late for the first opportunity but impressively you were patience to get in at the correct spot the following time and watching your risk.
well done.
  • #1,415
  • Feb 13, 2015 2:16am Feb 13, 2015 2:16am
Quoting pullup
{quote} Banked shortly after you too {image}
Your my man.


Cheers,
  • #1,416
  • Feb 13, 2015 2:18am Feb 13, 2015 2:18am
Quoting stevespray
Out +26 EJ

Not good... you could have got 29.. you're 3 short of max

jk with ya..
  • #1,417
  • Feb 13, 2015 2:22am Feb 13, 2015 2:22am
Ty, I took the same EJ as pullup and pulled out because I'm a chicken LOL. Anyway, what was actually wrong with that long? The only disadvantage I can see was the stop at about -8, but then GU short was the same. Can you explain please? Then after that, I'll go in the corner...
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  • #1,418
  • Feb 13, 2015 2:24am Feb 13, 2015 2:24am
narrow EJ long
Persistence will get it. Consistency will keep it.
  • #1,419
  • Feb 13, 2015 2:27am Feb 13, 2015 2:27am
long on eu, risk 9..

ej risk is a pass for me as the risk is 12
  • #1,420
  • Feb 13, 2015 2:27am Feb 13, 2015 2:27am
Quoting Hammertop
Ty, I took the same EJ as pullup and pulled out because I'm a chicken LOL. Anyway, what was actually wrong with that long? The only disadvantage I can see was the stop at about -8, but then GU short was the same. Can you explain please? Then after that, I'll go in the corner... {image}
I think maybe some confusion between comments surrounding EJ trade then narrow GU trade.
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