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45 Combo - momentum system

Quoting chicagolynx
{quote} Good morning! Thanks for your help and amazing pdf!
You're welcome. Read it a few times and best trial with a simulator, although that wouldn't throw you in the heat of the battle, as the strongest point is the money management. But at least you will learn how to spot the correct setups.
Quoting chicagolynx
{quote} I thought the distance between the white circles in the chart has to be greater than 10 pips. I guess I'm missing something. Going back to the first page.. Sorry for the fuss. And thanks for your explanation! {image}
On a second look at your EU chart, your understanding is correct, but I see your price, opposite to my chart (and schoe's from what I gather), has moved down more than 10 pips, probably because of the broker's difference. The entry doesn't seem correct but there's a chance you might have got in later at a better price, so you know best. As for UJ, definitely the swing, even on your chart, didn't reach 10 pips.
Awesome Method Fx-Tycoon... Thanks for Sharing.

I have read your entire thread and many questions have been answered, however I'm not sure on setting the Buy/Sell Stop Pending order. If you or anybody can answer my question I would appreciate it.

If your not executing trades with instant market orders...How do you set the Buy/Sell Stop pending order in advance if you don't know where price will close above (Buy) or (Sell) below 5 ema for the entry Bar? I may be confused or misunderstood. I also read (Post #119) that you place the Buy/Sell Stop order 7 Points from current price when valid signal arrives and cross close candle...can you or anybody help clarify this process or post a sample chart with visual instructions.

Thanks for your time
Good morning Combo traders.
Quoting Fxcash
Awesome Method Fx-Tycoon... Thanks for Sharing. I have read your entire thread and many questions have been answered, however I'm not sure on setting the Buy/Sell Stop Pending order. If you or anybody can answer my question I would appreciate it. If your not executing trades with instant market orders...How do you set the Buy/Sell Stop pending order in advance if you don't know where price will close above (Buy) or (Sell) below 5 ema for the entry Bar? I may be confused or misunderstood. I also read (Post #119) that you place the Buy/Sell Stop order...
You set the order 0.7 above or below once the signal bar has closed. You normally have to be ready about 10 seconds before the bar closes then just place the order with preset TP and SL.

Regards Schoe.
gm all
I missed the narrow on E/U it was at the top of the swing high so I hesitated.
Quoting schoe
I missed the narrow on E/U it was at the top of the swing high so I hesitated.
Good morning.
That signal was hardly a top class position for enter?
good morning and a week full of green pips to everybody
Quoting Go5
{quote} Good morning. That signal was hardly a top class position for enter?
we all see different things I guess, It looked like a low risk spot to get on an uptrend for me, but lets see how it goes
Hi Every BODY

UJ Short
BigBlackfeet Always on the(forex) war path !
Quoting BLACKFEET
Hi Every BODY UJ Short
with you...i am also long EU
Quoting pullup
{quote} we all see different things I guess, It looked like a low risk spot to get on an uptrend for me, but lets see how it goes
Morning. I agree with you. Risk was very low, and we've seen similar entries in the past on EU. After all, distance was 2.6 pips from high. I missed the first entry but got in with a limit order.
two EU with 4 and 5 pips risk...+40 so far,

UJ short still running

after i could trail my first stop to BE+1, what means it was a risk-free trade, i could enter on the second signal.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 90 KB
trading is like dancing, don't think and just listen to the music!
Quoting Pipsverdi
{quote} with you...i am also long EU
Got my 20 pips between EU and UJ...
EOB birdland style....
Quoting birdland
two EU with 4 and 5 pips risk...+40 so far, UJ short still running after i could trail my first stop to BE+1, what means it was a risk-free trade, i could enter on the second signal. {image}
EU was an interesting play, I will be watching for that opportunity in the future
UJ +18, didnt trigger my TP by 0.3 pips, so i closed it manually

best single day so far, +58...EOB
Attached Image (click to enlarge)
Click to Enlarge Name: UJ9.3.15.png Size: 82 KB
trading is like dancing, don't think and just listen to the music!
Quoting birdland
UJ +18, didnt trigger my TP by 0.3 pips, so i closed it manually best single day so far, +58...EOB {image}

Well done
Quoting birdland
UJ +18, didnt trigger my TP by 0.3 pips, so i closed it manually best single day so far, +58...EOB {image}
Well done great result but technically you still broke the rules by taking two long trades on E/U so I'm taking off 20 !
Quoting schoe
{quote} Well done great result but technically you still broke the rules by taking two long trades on E/U so I'm taking off 20 !
thx...i always break the rules and try to find better ones

by the way, the second trade was entered in the new hour, so everything was fine regarding the "rules"

birdland
trading is like dancing, don't think and just listen to the music!
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