45 Combo - momentum system | Page 75 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

FinoHardTdi Combo "Fibonacci + Harmonic + TDI" system 129 replies

Hit and Run, Semafor Combo system 38 replies

45 Combo momentum system indicator request 2 replies

TD SEQ and Combo Signal Watcher 51 replies

Combo system day trader journal 10 replies

Attachments: 45 Combo - momentum system
Exit Attachments

45 Combo - momentum system

  • #1,481
  • Feb 13, 2015 4:41am Feb 13, 2015 4:41am
Quoting Chake
{quote} On my screen it isn't a valid narrow, open of the candle is above both EMA's. But as seen before different brokers can provide different signals {image} Edit: Ty, i hope you did take that double top at 1.54 Edit2: man this thing is moving wild..

No.. it was only a 7 pips profit and I had myself set for 15+ for this one to worth missing my sleep.
  • #1,482
  • Feb 13, 2015 4:42am Feb 13, 2015 4:42am
I can read your mind lol
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_40.png Size: 28 KB
  • #1,483
  • Feb 13, 2015 4:45am Feb 13, 2015 4:45am
Quoting pullup
I can read your mind lol {image}
That second effort 6pips shoot up candle looked too good to not follow up... bastard,lol... so after that dropping back I just had it, lol.. didn't even wanted to give back 3.
  • #1,484
  • Feb 13, 2015 4:45am Feb 13, 2015 4:45am
Ok I am leaving for sure this time... I think I'll will get the kick in the nuts by wifey... I should take the couch, lol

GN all.


Cheers,
  • #1,485
  • Feb 13, 2015 4:47am Feb 13, 2015 4:47am
Quoting fx-Tycoon
{quote} No.. it was only a 7 pips profit and I had myself set for 15+ for this one to worth missing my sleep.
Have a good night and a good weekend!
Persistence will get it. Consistency will keep it.
  • #1,486
  • Feb 13, 2015 4:50am Feb 13, 2015 4:50am
Quoting schoe
{quote} Just count 7 steps up from the middle for a long and 7 steps down for a short, and if like Ty said to me earlier have 7 steps open it makes it easier. Red arrow for a sell and blue arrow for a buy {image}
Ahh .. I see my problem, on my depth of market chart, only the short arrow is visible , you have arrows on both sides ..why is this ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (106).png Size: 455 KB
  • #1,487
  • Feb 13, 2015 4:50am Feb 13, 2015 4:50am
gu: -6, SHORT ON uj...
  • #1,488
  • Feb 13, 2015 4:53am Feb 13, 2015 4:53am
Locked in 5 pips on EU, now i let it ride to +20 or +5
Persistence will get it. Consistency will keep it.
  • #1,489
  • Feb 13, 2015 4:54am Feb 13, 2015 4:54am
Quoting russtrader
{quote} Ahh .. I see my problem, on my depth of market chart, only the short arrow is visible , you have arrows on both sides ..why is this ? {image}
Not sure Russ. For some reason it appears to be only letting you use limit orders not stop orders. Maybe it's a broker thing or one of your settings?
  • #1,490
  • Feb 13, 2015 4:59am Feb 13, 2015 4:59am
Quoting schoe
{quote} Not sure Russ. For some reason it appears to be only letting you use limit orders not stop orders. Maybe it's a broker thing or one of your settings?
It looks like you are correct, i expanded the chart and it will let me place a stop order at 1.5pips away , but not 0.7
  • #1,491
  • Feb 13, 2015 5:01am Feb 13, 2015 5:01am
Quoting Go5
gu: -6, SHORT ON uj...
UJ -6.2...
Friday 13th...
  • #1,492
  • Feb 13, 2015 5:03am Feb 13, 2015 5:03am
Morning Guys,
Please excuse my naivety, but I am very new to trading. I have come across this system and tried a small number of times to implement it as this sort of trading will suit me needs/time spent trading etc.

I have read through the 75 pages of this interesting thread, but I was hoping that someone, with a spare five minutes, could explain the technique in a few basic, simple steps that a novice trader would understand. I think I have my ma indicators set right at 5 and 40, but in all honesty I am unsure as to what indications on the one minute charts that I am looking for, and more importantly exactly when to place my trade. I noticed that you guys set pending orders, how is this worked out please.

Once again, I am aware this thread is being observed by many experienced traders, that will find this technique pretty easy to understand, so apologies for the basic knowledge, but I really want to grasp this strategy if possible so any help would be greatly appreciated.

Thanks in advance
  • #1,493
  • Feb 13, 2015 5:21am Feb 13, 2015 5:21am
EU +5, total +10 for today.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
Persistence will get it. Consistency will keep it.
  • #1,494
  • Feb 13, 2015 5:24am Feb 13, 2015 5:24am
Quoting CNTrader1
Morning Guys, Please excuse ...
Hi CNTrader, I think best way to learn is post your trades with screenshots, that way we can correct you if you are wrong.
Persistence will get it. Consistency will keep it.
  • #1,495
  • Feb 13, 2015 5:26am Feb 13, 2015 5:26am
Quoting CNTrader1
Morning Guys, Please excuse my naivety, but I am very new to trading. I have come across this system and tried a small number of times to implement it as this sort of trading will suit me needs/time spent trading etc. I have read through the 75 pages of this interesting thread, but I was hoping that someone, with a spare five minutes, could explain the technique in a few basic, simple steps that a novice trader would understand. I think I have my ma indicators set right at 5 and 40, but in all honesty I am unsure as to what indications on the one...
hello,
the best is as a newby to start with the following website:

http://www.babypips.com/
trading is like dancing, don't think and just listen to the music!
  • #1,496
  • Feb 13, 2015 5:36am Feb 13, 2015 5:36am
Thank you Birdland,

I am currently working my way through it and agree its a great place to start.

The two parts of the initial explanation about how this technique works that I am unsure about are the following;

3) PA to pullback and touch/react to 40ema, without pressing the 5ema over 40ema and MACD on to opposite.
4) Resume back by 1st candle cross close of the 5ema.

I am reading this as the price action breaks from the trend to touch the 40 moving av line, however, I am unsure what ' without pressing the 5ema over 40ema' actually means.

I understand the MACD indicator needs to show a switch to the opposite side, but also, when we have the switch, the ma crossover, where do I then look to place my trade?

Thank you once again guys
  • #1,497
  • Feb 13, 2015 6:38am Feb 13, 2015 6:38am
Quoting CNTrader1
...I am unsure what ' without pressing the 5ema over 40ema' actually means. I understand the MACD indicator needs to show a switch to the opposite side, but also, when we have the switch, the ma crossover, where do I then look to place my trade? Thank you once again guys
it means the 5 cannot cross the 40 (unless it's an advanced narrow trade, but you better learn the basics first). You place ur trade 0.7 pip above (for long)/below (for short) the close of the signal candle i.e. the candle with a close above/below the 5 ma after the pullback.
I would suggest you to read a few times the pdf I made, so you can skip lots of thread noise. Hope that helps.
  • #1,498
  • Feb 13, 2015 7:11am Feb 13, 2015 7:11am
Really appreciate your help guys...hammer top, thanks for the pdf. Its a great help. Thank you or the links and advice guys. Have a great weekend.
  • #1,499
  • Feb 13, 2015 7:45am Feb 13, 2015 7:45am
+10 on UJ, +20 for the day, that's it guys, see you all on monday.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
Persistence will get it. Consistency will keep it.
  • #1,500
  • Feb 13, 2015 8:09am Feb 13, 2015 8:09am
Hi Fx Tyfoon;

Kindly could you explain what you mean by MACD on to Opposite?? because English isn't my native language ,so if possible give me an example.
Thank you on advance, and god bless you.

Regards, MrRijk.
Human beings are members of a whole, In creation of one essence and sol.
3 traders viewing now