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45 Combo - momentum system

  • #3,301
  • May 15, 2015 2:23am May 15, 2015 2:23am
Quoting fx-Tycoon
{quote} not a good short setup there hammer..
I also had a PO there, except for the micro candles - why was it a poor setup?
  • #3,302
  • May 15, 2015 2:25am May 15, 2015 2:25am
Quoting Go5
{quote} Closed for +9..
trading is like dancing, don't think and just listen to the music!
  • #3,303
  • May 15, 2015 2:26am May 15, 2015 2:26am
some wind is coming in
trading is like dancing, don't think and just listen to the music!
  • #3,304
  • May 15, 2015 2:31am May 15, 2015 2:31am
Quoting fx-Tycoon
{quote} look to the left, whats the direction mostly??.. and look at the short signal, barely a swing qualify.. so all in all may not be the most ideal signal... your going against the recent trend.. The signal is valid no doubt.. but so are many others,
Point taken. But I was also seeing quite a few lows being taken from the very top, and as the risk was low I decided to take it. Glad the buffer kept me out though
  • #3,305
  • May 15, 2015 2:37am May 15, 2015 2:37am
Quoting Hammertop
{quote} Point taken. But I was also seeing quite a few lows being taken from the very top, and as the risk was low I decided to take it. Glad the buffer kept me out though
sure RR is your friend in this method no matter what.
  • #3,306
  • May 15, 2015 2:43am May 15, 2015 2:43am
This is not a very good PA atm... it's more chaos than anything else.
ej and eu tried to break up but failed and back down to where it took off up. pretty much the recent rather strong down move is nothing without a follow up... so if they do give out short signals only take it if they are low risk no more than 6...
Gu short looks good but it's not that strong... a few minutes ago did give a short signal but it was risk plus and as you see it did not follow up..
uj.. well forget it now for this session anymore..
  • #3,307
  • May 15, 2015 2:44am May 15, 2015 2:44am
i think the best shot would be GU now
trading is like dancing, don't think and just listen to the music!
  • #3,308
  • May 15, 2015 2:46am May 15, 2015 2:46am
Quoting birdland
i think the best shot would be GU now
I liked it the first time it pulled back, now it's a bit iffy... I'll would take it on a low risk one only
  • #3,309
  • May 15, 2015 2:47am May 15, 2015 2:47am
Hi,

I use Depth of market (DOM) to set pending order , but sometimes price move so quickly and my pending order is not correct. Everyone use DOM or any tool ? Please share . Thanks a lot.
  • #3,310
  • May 15, 2015 2:50am May 15, 2015 2:50am
Quoting megaforex
Hi, I use Depth of market (DOM) to set pending order , but sometimes price move so quickly and my pending order is not correct. Everyone use DOM or any tool ? Please share . Thanks a lot.
yes that can happen, but seldom to be a serious problem...i have always a clock in the background and the moment i see the minute is over i pull the trigger
trading is like dancing, don't think and just listen to the music!
  • #3,311
  • May 15, 2015 2:53am May 15, 2015 2:53am
Quoting fx-Tycoon
{quote} I liked it the first time it pulled back, now it's a bit iffy... I'll would take it on a low risk one only
indeed,
i see now especially as you said EU and EJ in a range and dont want to risk my money
trading is like dancing, don't think and just listen to the music!
  • #3,312
  • May 15, 2015 2:56am May 15, 2015 2:56am
Quoting birdland
{quote} yes that can happen, but seldom to be a serious problem...i have always a clock in the background and the moment i see the minute is over i pull the trigger
Thanks
  • #3,313
  • May 15, 2015 3:02am May 15, 2015 3:02am
Top risk on all narrows and PA not looking good. Also HH's-HL's. I passed...

Edit... arent I glad?
  • #3,314
  • May 15, 2015 3:08am May 15, 2015 3:08am
Quoting fx-Tycoon
This is not a very good PA atm... it's more chaos than anything else. ej and eu tried to break up but failed and back down to where it took off up. pretty much the recent rather strong down move is nothing without a follow up... so if they do give out short signals only take it if they are low risk no more than 6... Gu short looks good but it's not that strong... a few minutes ago did give a short signal but it was risk plus and as you see it did not follow up.. uj.. well forget it now for this session anymore.....
gotta see it before it gets you..
  • #3,315
  • May 15, 2015 3:14am May 15, 2015 3:14am
I am so happy to see couple of the guys here like birdman and hammer starting to get a real feel for the PA based on this method to sharpen their entries selections and I hope rest of the gang here be able to do the same in the near feature.
These two guys have been here from the get go, fully dedicated and now the results are following up. They will only get better from what I see off their activity.. their own experience and past knowledge mixed with the stuff here is doing the magic for them... but the key was their willingness and humbleness to keep a open mind, ears and eyes.

well done boys.
  • #3,316
  • May 15, 2015 3:18am May 15, 2015 3:18am
Quoting fx-Tycoon
I am so happy to see couple of the guys here like birdman and hammer starting to get a real feel for the PA based on this method to sharpen their entries selections and I hope rest of the gang here be able to do the same. These two guys have been here from the get go fully dedicated and now the results is following up. well done boys.
Thanks for the compliments Ty. But, at least in my case, your continuous guidance has been very precious. Without it, I would do much worse
  • #3,317
  • May 15, 2015 3:21am May 15, 2015 3:21am
Quoting Hammertop
{quote} Thanks for the compliments Ty. But, at least in my case, your continuous guidance has been very precious. Without it, I would do much worse
YW,
Well for now you got me since I am stationary, lol
  • #3,318
  • May 15, 2015 3:28am May 15, 2015 3:28am
Quoting fx-Tycoon
I am so happy to see couple of the guys here like birdman and hammer starting to get a real feel for the PA based on this method to sharpen their entries selections and I hope rest of the gang here be able to do the same in the near feature. These two guys have been here from the get go, fully dedicated and now the results is following up. They will only get better from what I see off their activity.. their own experience and past knowledge mixed with the stuff here is doing the magic for them... but the key was their willingness and humbleness...
thx!
i had a guy asking me on pm what i do different to others who are not winning?
my main answer was: i do it religiously (like ty recommended in his first post, and i am not religious in live at all), no matter of the daily outcome...this is how you can learn fast.
when it comes to trading there is no time to waste!

i had tried also other systems more or less successfully in the past years with good mentors...but they included a "sitting in front of the monitor 8 hours or more" to wait for the signals.
now this is too much for me, i have not decided to be a trader and do "hard work"...i want to enjoy it, and 2-3 hours a day is what i enjoy.
the rest of the day i prepare for a good psychology (sport, relaxing, sun, nature,sleep, etc...) so in the end its a fulltime job, no its a full time commitment

birdland
trading is like dancing, don't think and just listen to the music!
  • #3,319
  • May 15, 2015 3:31am May 15, 2015 3:31am
Quoting birdland
{quote} ...so in the end its a fulltime job, no its a full time commitment...
Bloody hell! I couldnt agree more!
  • #3,320
  • May 15, 2015 3:36am May 15, 2015 3:36am
there was a lousy short signal for EJ, but i didnt take it, also in back mind i am -11 for the day
but range seems to be broken now
trading is like dancing, don't think and just listen to the music!
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