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45 Combo - momentum system

  • #2,521
  • Mar 19, 2015 4:27am Mar 19, 2015 4:27am
Quoting pipstroll
{quote} Here u are. As usual, entry at arrow. {image}
But this movement is not good. the SL is 12 pips, fxtycoon says it is not good if more than 7 pips, this is almost double. 5 operations lost with this margin need more than one week to recover. please check the rules well. and one more thing, I see no input or closure of the operation with the signals from the broker, please post the original trade. a greeting
  • #2,522
  • Edited 5:32am Mar 19, 2015 4:37am | Edited 5:32am
u/j short

UPDATE: Closed B/E
  • #2,523
  • Mar 19, 2015 4:42am Mar 19, 2015 4:42am
Quoting pipstroll
u/j short
Same here
  • #2,524
  • Mar 19, 2015 5:36am Mar 19, 2015 5:36am
Quoting Go5
{quote} Same here
Closed UJ for +1.9...
  • #2,525
  • Mar 19, 2015 5:40am Mar 19, 2015 5:40am
UJ +9, I got out at the BRN for reasons not associated with this method
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  • #2,526
  • Mar 19, 2015 8:07am Mar 19, 2015 8:07am
Quoting forexworldd
{quote} But this movement is not good. the SL is 12 pips, fxtycoon says it is not good if more than 7 pips, this is almost double. 5 operations lost with this margin need more than one week to recover. please check the rules well. and one more thing, I see no input or closure of the operation with the signals from the broker, please post the original trade. a greeting
If I can reply instead of pipstroll, stop on that trade was 8.5 although for me it didn't qualify as it closed exactly on the 40 ema not below it, but I would like to point out something else: where does Fx-tycoon say that stop is not good if bigger than 7 pips?
  • #2,527
  • Mar 19, 2015 9:51am Mar 19, 2015 9:51am
I started using this system a few days ago, but I trade the 5min with it, I have added one of myown indicators to the system just extra comfirmation for me. I trade 16 currencies from the london open up to 2 hours of the USA open at present thats about 6 hours. I look for min of 20 pips per trade, if it gives more the better. Risk is between 10 to 40 pips per trade depending upon pair trading. So far results seem very positive.
  • #2,528
  • Mar 20, 2015 2:45am Mar 20, 2015 2:45am
EU -4, closed manually, not a total surprise, bounces off the asia range are pretty common, but risk was low and setup looked ok. When the inverse head and shoulders pattern completed, I bailed out
Attached Image (click to enlarge)
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UJ -3, same as the above really, head and shoulders on asia range
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  • #2,529
  • Mar 20, 2015 2:45am Mar 20, 2015 2:45am
Quoting Hammertop
{quote} If I can reply instead of pipstroll, stop on that trade was 8.5 although for me it didn't qualify as it closed exactly on the 40 ema not below it, but I would like to point out something else: where does Fx-tycoon say that stop is not good if bigger than 7 pips?
For me, because I see that the momentum was so strong, and all currency shows the same strenght. That's why I ride the train
  • #2,530
  • Mar 20, 2015 2:45am Mar 20, 2015 2:45am
Morning, EU: -6; EJ: -4
  • #2,531
  • Mar 20, 2015 2:46am Mar 20, 2015 2:46am
BTW,

G/U -8.8 pips. Was on mobile, so cannot count the stoploss precisely.
  • #2,532
  • Mar 20, 2015 3:09am Mar 20, 2015 3:09am
Quoting pipstroll
BTW, G/U -8.8 pips. Was on mobile, so cannot count the stoploss precisely.
Where was that entry which I missed?
Ahh, sorry - yesterday's trade?
  • #2,533
  • Mar 20, 2015 3:26am Mar 20, 2015 3:26am
G/U Short
  • #2,534
  • Mar 20, 2015 3:30am Mar 20, 2015 3:30am
Quoting pipstroll
G/U Short
missed that one, building an eclipse viewer, epic fail btw
  • #2,535
  • Mar 20, 2015 3:36am Mar 20, 2015 3:36am
Quoting Go5
{quote} Where was that entry which I missed? Ahh, sorry - yesterday's trade?
Ahh sorry...

Just realize, my entry was before the time, again . Was on mobile by the time. It was 5 minutes before FO, after a touching MA 40 Pinbar
Attached Image (click to enlarge)
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  • #2,536
  • Mar 20, 2015 3:40am Mar 20, 2015 3:40am
Quoting pullup
{quote} missed that one, building an eclipse viewer, epic fail btw
Yep. Another 9 pips loss :'(
  • #2,537
  • Mar 20, 2015 3:54am Mar 20, 2015 3:54am
Long EU (and UJ 15min. ago), missed EJ
  • #2,538
  • Mar 20, 2015 3:57am Mar 20, 2015 3:57am
Quoting Go5
Long EU (and UJ 15min. ago), missed EJ
in UJ from earlier, missed the EU and EJ revisiting the eclipse viewer
  • #2,539
  • Mar 20, 2015 4:00am Mar 20, 2015 4:00am
Quoting pullup
{quote} in UJ from earlier, missed the EU and EJ revisiting the eclipse viewer
Looks like EJ is going to view the eclipse from nearby...
  • #2,540
  • Edited 4:52am Mar 20, 2015 4:39am | Edited 4:52am
Quoting Go5
Long EU (and UJ 15min. ago), missed EJ
UJ +20...

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and closed EU for +10 - that's 20 for today
Little cheating: moved SL with fractalpoints since UJ was holding (but very slow)

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