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45 Combo - momentum system

  • #1,781
  • Feb 19, 2015 1:24am Feb 19, 2015 1:24am
uj buy risk 4
  • #1,782
  • Feb 19, 2015 1:26am Feb 19, 2015 1:26am
Quoting birdland
EJ +24 so +20 for the day...EOB {image}

Birdman, so when you lose some you add that amount to your next target!!
  • #1,783
  • Feb 19, 2015 1:26am Feb 19, 2015 1:26am
Quoting Go5
Long EU.
EU -8, Long on UJ.
  • #1,784
  • Feb 19, 2015 1:27am Feb 19, 2015 1:27am
Quoting fx-Tycoon
{quote} Birdman, so when you lose some you add that amount to your next target!!
no, it was positive slippage...lucky one
trading is like dancing, don't think and just listen to the music!
  • #1,785
  • Feb 19, 2015 1:30am Feb 19, 2015 1:30am
Guys I am changing to birdmans Broker, lol
  • #1,786
  • Feb 19, 2015 1:33am Feb 19, 2015 1:33am
ej long risk 6... the signal is off narrow second chance..
  • #1,787
  • Feb 19, 2015 1:34am Feb 19, 2015 1:34am
Quoting Go5
{quote} EU -8, Long on UJ.
GU: -4.7.
  • #1,788
  • Feb 19, 2015 1:41am Feb 19, 2015 1:41am
Quoting fx-Tycoon
ej long risk 6... the signal is off narrow second chance..

-6

-5 for the day... ej is playing cat and mouse with me, lol
  • #1,789
  • Edited 1:58am Feb 19, 2015 1:44am | Edited 1:58am
Quoting Go5
{quote} GU: -4.7.
You bearly had any distance on this one..

on eu... the real move was off the 1st initial momo... you took it on the second pump on barely a swing qualify.

Try to manage your session rather than taking every little signal. You will not win in this business based on being too systematic or stats fix.
  • #1,790
  • Feb 19, 2015 1:46am Feb 19, 2015 1:46am
My uj risk is moved to BE.... why?
  • #1,791
  • Feb 19, 2015 1:52am Feb 19, 2015 1:52am
UJ +10, so +22 pips for the day, will close up shop now.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB
Persistence will get it. Consistency will keep it.
  • #1,792
  • Feb 19, 2015 1:53am Feb 19, 2015 1:53am
Quoting fx-Tycoon
My uj risk is moved to BE.... why?
reaching end of 3rd hour.
Persistence will get it. Consistency will keep it.
  • #1,793
  • Feb 19, 2015 1:54am Feb 19, 2015 1:54am
Quoting Chake
UJ +10, so +22 pips for the day, will close up shop now. {image}
Wise decision to confirm Daily target.
  • #1,794
  • Feb 19, 2015 1:55am Feb 19, 2015 1:55am
Quoting Chake
{quote} reaching end of 3rd hour.

Thatttt's right.
  • #1,795
  • Feb 19, 2015 1:59am Feb 19, 2015 1:59am
Tycoon, i cannot thank you enough for the lessons and this thread, i have this feeling it has helped me make another step in my trading career, the management step
I was trading live the last two days and will continue to do so, the system fits me really good.

Persistence will get it. Consistency will keep it.
  • #1,796
  • Feb 19, 2015 2:03am Feb 19, 2015 2:03am
Quoting fx-Tycoon
uj buy risk 4

+18.. this winner is a blessing late in my session... I went rather aggressive on this third hour by floating on two trades at the same time which the ej failed miserably.. however, I was totally ok with ending the for -10 I had accepted the risk.

2-4 for +13 for the day.


Remember when you were down 0-3 -15 and now up +13... hard to imagine... but it is doable, it just needs patience, dedication and believe.

Cheers,
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.IM1555.png Size: 25 KB
  • #1,797
  • Feb 19, 2015 2:05am Feb 19, 2015 2:05am
Quoting fx-Tycoon
{quote} You bearly had any distance on this one.. on eu... the real move was off the 1st initial momo... you took it on the second pump on barely a swing qualify. Try to manage your session rather than taking every little signal. You will not win in this business based on being too systematic or stats fix.
Thanks, the GU was bad, on EU the swing was 15 pips, didn't make a HH though.
UJ: +20..
  • #1,798
  • Feb 19, 2015 2:09am Feb 19, 2015 2:09am
Thanks Fx. Well done getting into profit. Out of interest is this the only system you have ever traded since College?
  • #1,799
  • Feb 19, 2015 2:12am Feb 19, 2015 2:12am
Quoting fx-Tycoon
{quote} +18.. this winner is a blessing late in my session... I went rather aggressive on this third hour by floating on two trades at the same time which the ej failed miserably.. however, I was totally ok with ending the for -10 I had accepted the risk. 2-4 for +13 for the day. Remember when you were down 0-3 -15 and now up +13... hard to imagine... but it is doable, it just needs patience, dedication and believe. Cheers, {image}
good lesson! well done!
trading is like dancing, don't think and just listen to the music!
  • #1,800
  • Feb 19, 2015 2:13am Feb 19, 2015 2:13am
Quoting Go5
{quote} Thanks, the GU was bad, on EU the swing was 15 pips, didn't make a HH though. UJ: +20..
I know the swing was 15 and valid... but some commonsense can do a lot of good... on second pump you want some more momo not falling to DT bounce... but more importantly was the daily management that should have kept you away from that trade... you had just got off with a +20 on ej.. and on the same hour or nearly into next hour you don't want to jump back on the horse on a half ass setup.
But, yes the signal was valid.


I hope you get my point.
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