45 Combo - momentum system

Tycoon very sad news, i really wish you a fast recovery , and get fit and well again... thanks to take the time to let us know...
A big hug and hang in there !

everything is a metaphor......
Glad you made it, get well soon.

I hope and Pray for your full and quick recovery.

Hi Tycoon.

Very sad to read these bad news. Hope & Friendship.

See you soon !

BBF

Hi guys, I felt obligated to pop in and express my gratitude after being informed by wife about your posts.
I thank you for your love and support with your kind comforting words it means a lot at this time.
I am in a lot of pain and lots of medication. I will check the thread as often as I can but can't post much or at all for time being.
I hope you guys keep it alive and have lots of success.

All the best to all.

Cheers

Wow, sorry to hear that you have accident. Get well soon, fx. May God bless you and speed up your recovery.

Let's start having discussions here so that we save this thread for Ty's eventual return. Where is everyone?

Did anyone get the EU, EJ, or GU today?


Guess not.

yes, got all of them..finished after one hour or so and reached also my weekly target today.
so i could enjoy a sunny breakfast.

birdland

Hi to all, wanted to ask what ratio of winning trades have this strategy. Thx a lot!

about 40% (up down +/-5, but below 50%)

1st weeks trades 4 win days, 1 loss day, 80% profitable days and 2.9% daily average increase in P&L
2nd weeks trades 4 win days, 1 loss day, 80% profitable days and 3.3% daily average increase in P&L
3rd weeks trades 4win days, 1 loss day, 80% profitable days and 5.4% daily average increase in P&L
Total for 3 weeks 12 win days 3 loss days = 80% win rate and three week 73% increase in P&L
These are my first 3weeks and I trade NY open for 3 hours trading only EUR/USD on 1m chart.
I also have the 5m chart open for market prospective only.
I'm pleased with my results and I'm still learning. I do change my lot size every day to reflect a %
of my account balance and it's been compounding nicely with Ty's system.

Nice! Grats!
what pairs do you trade?

currently, only Eur/USD
in the past, also USD/CAD

if you take one TP after you dont trade in this day>?

My Daily target is 20pips but I use a manual trailing stop and will take the 20pips and stop for the day
or if it's a strong market I'll let it run to 40pip max and I'm out for the day. Ty's exit technique is to set a 10pip stop
and a 20Pip take profit then it's win or lose, but he doesn't have to "worry through" the trade. It all depends
on your personal temperament, you know, what drives you crazy and what you can live with.
Ty will also do only one trade per hour. While I'll do best two out of three trades as a days max.
I only trade three hours a day, so it's very similar to Ty, I would recommend you use Ty's method
before trying variations.

Thx a lot!

"Ty's exit technique is to set a 10pip stop
and a 20Pip take profit...."

"Ty will also do only one trade per hour."

Not quite correct, Sparrow. It's a Maximum of 10 p SL. SL is determined by the Hi or Lo after the M1 bar returns to the 40 EMA on a Sell or Buy. Then you add or subtract 0.7 p to that Hi or Lo to determine SL. I've had SL's as low as 3.7 p.

Regarding trades per hour, it's one trade per hour per pair per direction. Each pair can trade a long and a short per hour if you get the setups. We look at 4 pairs, so there is a potential of 8 trades per hour. Of course that never happens.

Thanks for the clarification.

what a day! 5 signals all went to TP!

this week compensates for the difficult weeks at the beginning of april.

birdland