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45 Combo - momentum system

  • #1,421
  • Feb 13, 2015 2:27am Feb 13, 2015 2:27am
Quoting Chake
narrow EJ long
ditto
  • #1,422
  • Feb 13, 2015 2:28am Feb 13, 2015 2:28am
Quoting fx-Tycoon
long on eu, risk 9.. ej risk is a pass for me as the risk is +12
On my screen the risk for EJ is 9,5 pip
Persistence will get it. Consistency will keep it.
  • #1,423
  • Feb 13, 2015 2:30am Feb 13, 2015 2:30am
10 risk here
  • #1,424
  • Feb 13, 2015 2:31am Feb 13, 2015 2:31am
Quoting fx-Tycoon
long on eu, risk 9.. ej risk is a pass for me as the risk is 12
I took the narrow trade on EJ but you were right the risk was right on the limit, I've moved my stop now to reduce the risk.

I don't see a signal on EU?
  • #1,425
  • Feb 13, 2015 2:31am Feb 13, 2015 2:31am
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}
This trade is totally fine...

I thought pull was in before this on the invalid narrow slightly before the session... thats all.
  • #1,426
  • Feb 13, 2015 2:33am Feb 13, 2015 2:33am
Locked in 10 pips profit on EJ
Persistence will get it. Consistency will keep it.
  • #1,427
  • Feb 13, 2015 2:33am Feb 13, 2015 2:33am
If you risk on ej is 10 and under then its totally valid and you are a happy man now...

I got screwed I guess, lol.. it ain't the first time and won't be the last time, lol
  • #1,428
  • Feb 13, 2015 2:35am Feb 13, 2015 2:35am
Quoting Chake
Locked in 10 pips profit on EJ
Be careful with aggressive tight TS friend. It's 1m lots of shadows.
Unlessss... you daily management requires so... then totally fine.

Just don't make it habit for all the time and when it's not called for.
  • #1,429
  • Feb 13, 2015 2:36am Feb 13, 2015 2:36am
out +10, maybe you are right Ty and should have moved stop to BE but at the moment am happy with 10 pips. Still learning.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
Persistence will get it. Consistency will keep it.
  • #1,430
  • Feb 13, 2015 2:37am Feb 13, 2015 2:37am
If I was in ej... I would bank the +15 on the double top hesitation at the big roundi 136.0000000000.
.. and be up +25..
  • #1,431
  • Feb 13, 2015 2:38am Feb 13, 2015 2:38am
Quoting Chake
out +10, maybe you are right Ty and should have moved stop to BE but at the moment am happy with 10 pips. Still learning. {image}

Your doing good... that is why i watch out for you to drill little details as i see it.
  • #1,432
  • Feb 13, 2015 2:39am Feb 13, 2015 2:39am
Quoting fx-Tycoon
{quote} This trade is totally fine... I thought pull was in before this on the invalid narrow slightly before the session... thats all.
on past perfomance, that was a reasonable assumption
  • #1,433
  • Feb 13, 2015 2:40am Feb 13, 2015 2:40am
short GJ, but i see you dont trade GJ, and i can think of many reasons why lol, but this is on demo and i'm trying this system out.

Edit: when i look at it now, i dont like this trade, the price is pissing around the EMA40 to much, and EMA40 is a little flat, got out at BE.
Persistence will get it. Consistency will keep it.
  • #1,434
  • Feb 13, 2015 2:41am Feb 13, 2015 2:41am
I am humble.. all I want for this eu trade is just a lousy 10, lol

say push you all for brother ty, lol
  • #1,435
  • Feb 13, 2015 2:42am Feb 13, 2015 2:42am
Quoting pullup
{quote} on past perfomance, that was a reasonable assumption



Your doing excellent.


...mean time we or should say I got poor Steven all confused. lol
  • #1,436
  • Feb 13, 2015 2:43am Feb 13, 2015 2:43am
Quoting fx-Tycoon
I am humble.. all I want for this eu trade is just a lousy 10, lol say push you all for brother ty, lol
PUSH! (I'm in too)
  • #1,437
  • Feb 13, 2015 2:44am Feb 13, 2015 2:44am
Quoting fx-Tycoon
If I was in ej... I would bank the +15 on the double top hesitation at the big roundi 136.0000000000. .. and be up +25..
Was away from computer at that moment, but I think I will hold out for the full 20 now with SL at 3
  • #1,438
  • Feb 13, 2015 2:46am Feb 13, 2015 2:46am
Got scared out of the EU for +5 . I'm still learning when to take profit, I'm stuck between sit it out at all costs and daily management !
  • #1,439
  • Feb 13, 2015 2:48am Feb 13, 2015 2:48am
Quoting schoe
{quote} I took the narrow trade on EJ but you were right the risk was right on the limit, I've moved my stop now to reduce the risk. I don't see a signal on EU?
def a signal...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM12.png Size: 37 KB
  • #1,440
  • Feb 13, 2015 2:50am Feb 13, 2015 2:50am
Quoting fx-Tycoon
{quote} def a signal... {image}
Agreed, its your trained eye, I was busy concentrating on my first narrow trade on EJ. I saw the round number and the doji when I was in profit on EJ but decided to sit it out at all costs. next time I will be out
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