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45 Combo - momentum system

  • #1,961
  • Feb 24, 2015 1:23am Feb 24, 2015 1:23am
UJ +20...
  • #1,962
  • Feb 24, 2015 1:24am Feb 24, 2015 1:24am
UJ +20

so far +17 for the day. i think i am done if not a perfect signal comes along...
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trading is like dancing, don't think and just listen to the music!
  • #1,963
  • Feb 24, 2015 1:25am Feb 24, 2015 1:25am
Well done guys
Persistence will get it. Consistency will keep it.
  • #1,964
  • Feb 24, 2015 1:25am Feb 24, 2015 1:25am
I should have held my nerve on that U/J trade I got out at break even the stop was nearly hit but it went onto TP. A lesson there i'm sure FX would have been all over it.
  • #1,965
  • Feb 24, 2015 1:31am Feb 24, 2015 1:31am
Quoting schoe
I should have held my nerve on that U/J trade I got out at break even the stop was nearly hit but it went onto TP. A lesson there i'm sure FX would have been all over it.
Tycoon gave me some advice on this in post #1864
Persistence will get it. Consistency will keep it.
  • #1,966
  • Feb 24, 2015 1:36am Feb 24, 2015 1:36am
Quoting schoe
I should have held my nerve on that U/J trade I got out at break even the stop was nearly hit but it went onto TP. A lesson there i'm sure FX would have been all over it.
There are lots of documents around stating that moving a stop is almost never a good idea.
  • #1,967
  • Feb 24, 2015 1:37am Feb 24, 2015 1:37am
+24 but still down today......
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  • #1,968
  • Feb 24, 2015 1:49am Feb 24, 2015 1:49am
Quoting Go5
{quote} There are lots of documents around stating that moving a stop is almost never a good idea.
Who was it again moving stops - it wasn't you, Schoe
  • #1,969
  • Feb 24, 2015 2:05am Feb 24, 2015 2:05am
Long UJ
  • #1,970
  • Edited 2:19am Feb 24, 2015 2:07am | Edited 2:19am
Long UJ and short GU

GU -10, bad slippage
Persistence will get it. Consistency will keep it.
  • #1,971
  • Edited 2:32am Feb 24, 2015 2:20am | Edited 2:32am
That was a disaster. I was short G/U and E/U got some major slippage and am now down 40 for the day and 50 for the week.

No winners for me today good job i'm on demo I think I will be for some time. lol.
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  • #1,972
  • Feb 24, 2015 2:29am Feb 24, 2015 2:29am
Quoting schoe
That was a disaster. I was short G/U and E/U got some major slippage and am now down 40 for the day and 50 for the week. No winners for me today good job i'm on demo I think I will be for some time. lol.
To bad Schoe, i made the same mistake, i think it's not wise to have two trades running in the last hour of the session.
Persistence will get it. Consistency will keep it.
  • #1,973
  • Feb 24, 2015 2:33am Feb 24, 2015 2:33am
Quoting Chake
{quote} To bad Schoe, i made the same mistake, i think it's not wise to have two trades running in the last hour of the session.
thats a good point!

also we had minutes before the signal red news on GU. "inflation hearing" means there is a speech going on...
trading is like dancing, don't think and just listen to the music!
  • #1,974
  • Feb 24, 2015 2:37am Feb 24, 2015 2:37am
Quoting birdland
{quote} thats a good point! also we had minutes before the signal red news on GU. "inflation hearing" means there is a speech going on...
I knew of that red news Birdland, but i saw little movement for 10 minutes so thought it would not have a big impact, stupid offcourse, because a speech can go on for an longer then 10 minutes.
Persistence will get it. Consistency will keep it.
  • #1,975
  • Feb 24, 2015 2:46am Feb 24, 2015 2:46am
Quoting Chake
{quote} I knew of that red news Birdland, but i saw little movement for 10 minutes so thought it would not have a big impact, stupid offcourse, because a speech can go on for an longer then 10 minutes.
yes i know...i have seen speeches with big surprises 30 minutes after the beginning and all currencies jumped.

but when its within the rules from the first page, then it should be fine.

i for myself always want to find a reason NOT to take the trade, thats my personal filter
trading is like dancing, don't think and just listen to the music!
  • #1,976
  • Feb 24, 2015 2:53am Feb 24, 2015 2:53am
Quoting birdland
{quote}i for myself always want to find a reason NOT to take the trade, thats my personal filter
I fully agree! that's the best filter you can have.
Persistence will get it. Consistency will keep it.
  • #1,977
  • Feb 24, 2015 3:01am Feb 24, 2015 3:01am
Had to step away for a while there, sitting on -17ish with a UJ trade running
  • #1,978
  • Feb 24, 2015 3:23am Feb 24, 2015 3:23am
UJ is looking strange, i don't trust it one bit.. but i have reduced my risk to 3 pips and let it run, who knows..
I hope to get at least my 10 pips back.
Persistence will get it. Consistency will keep it.
  • #1,979
  • Feb 24, 2015 3:28am Feb 24, 2015 3:28am
Quoting Chake
UJ is looking strange, i don't trust it one bit.. but i have reduced my risk to 3 pips and let it run, who knows.. I hope to get at least my 10 pips back.
Agreed, UJ keeps pressing the 50.
GU is starting to look better for a sell, one more pullback and the 1.5430 might give
  • #1,980
  • Feb 24, 2015 3:29am Feb 24, 2015 3:29am
Has Greece been ditched? EURo is up...
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