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45 Combo - momentum system

  • #3,721
  • May 28, 2015 3:56am May 28, 2015 3:56am
question please, masters...
on the last signal, the risk is close to 10 pips.
if i wait until the price goes down a little bit (to get lower risk), while MACD still intact and then take BUY, is it still valid?
thanks...

https://charts.mql5.com/7/959/eurusd...-markets-2.png
  • #3,722
  • May 28, 2015 3:56am May 28, 2015 3:56am
GN
trading is like dancing, don't think and just listen to the music!
  • #3,723
  • May 28, 2015 4:04am May 28, 2015 4:04am
Quoting fx-Tycoon
GN all.
See you tomorrow
  • #3,724
  • Edited 4:36am May 28, 2015 4:25am | Edited 4:36am
Quoting qprof
question please, masters... on the last signal, the risk is close to 10 pips. if i wait until the price goes down a little bit (to get lower risk), while MACD still intact and then take BUY, is it still valid? thanks... {image}
No master here, but if you mean the original entry has been triggered and you're not in yet, I suppose you can take it at a lower risk. But if the trade hasnt triggered beyond the 0.7 buffer yet, you risk it would reverse and hit the stop if you get in, even at a better price. The idea is that we want the move to pick up after retracing, not the opposite. I hope I've been clear.

Edit: Also if you get a new bar meeting the usual entry criteria which gives a better entry price, of course it should be ok to take it there, as long as it's away some pips or it's not worth.
  • #3,725
  • May 28, 2015 4:47am May 28, 2015 4:47am
absolute perfect signal after GU red news...i could not resist
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 97 KB
trading is like dancing, don't think and just listen to the music!
  • #3,726
  • May 28, 2015 5:04am May 28, 2015 5:04am
Quoting birdland
absolute perfect signal after GU red news...i could not resist {image}
Well done Bird. I had closed shop.
  • #3,727
  • May 28, 2015 5:41am May 28, 2015 5:41am
Quoting Hammertop
{quote} No master here, but if you mean the original entry has been triggered and you're not in yet, I suppose you can take it at a lower risk. But if the trade hasnt triggered beyond the 0.7 buffer yet, you risk it would reverse and hit the stop if you get in, even at a better price. The idea is that we want the move to pick up after retracing, not the opposite. I hope I've been clear. Edit: Also if you get a new bar meeting the usual entry criteria which gives a better entry price, of course it should be ok to take it there, as long as it's away...
thanks, hammertop... pick up after retracing, got it.
  • #3,728
  • May 28, 2015 8:35am May 28, 2015 8:35am
Ty, I have a question. Why does the 40ema not have a shift 1 ?
What would you do if you knew you could not fail?
  • #3,729
  • May 28, 2015 8:58pm May 28, 2015 8:58pm
Quoting The Sparrow
Ty, I have a question. Why does the 40ema not have a shift 1 ?
Because it's the slow ema.
  • #3,730
  • May 29, 2015 12:50am May 29, 2015 12:50am
hello combotraders
trading is like dancing, don't think and just listen to the music!
  • #3,731
  • May 29, 2015 12:57am May 29, 2015 12:57am
GM traders
  • #3,732
  • May 29, 2015 12:57am May 29, 2015 12:57am
Quoting birdland
hello combotraders
Hello. I would say 45ers though, as there's other combo systems on FF.
I can't trade today but I'll be watching you guys.
  • #3,733
  • May 29, 2015 1:01am May 29, 2015 1:01am
Hello to all.

I like the 45ers, lol.. as I am big time 49ers fan loved Montana magic.
  • #3,734
  • May 29, 2015 1:03am May 29, 2015 1:03am
GM all
  • #3,735
  • May 29, 2015 1:13am May 29, 2015 1:13am
anyone in EJ? Bar didnt touch by 3 pipettes on my chart but it looked appealing... Also very low risk, for a change...
  • #3,736
  • May 29, 2015 1:16am May 29, 2015 1:16am
Quoting Hammertop
anyone in EJ? Bar didnt touch by 3 pipettes on my chart but it looked appealing... Also very low risk, for a change...
Banked 10 on that already...
its probably good for more though, I just need to get some wins.
  • #3,737
  • May 29, 2015 1:21am May 29, 2015 1:21am
Quoting Hammertop
anyone in EJ? Bar didnt touch by 3 pipettes on my chart but it looked appealing... Also very low risk, for a change...
+11, it hesitated too much at the DO line
trading is like dancing, don't think and just listen to the music!
  • #3,738
  • May 29, 2015 1:27am May 29, 2015 1:27am
I also see an EU long which just lost about 6 I think.
  • #3,739
  • May 29, 2015 1:29am May 29, 2015 1:29am
EU long -7 pips
  • #3,740
  • May 29, 2015 1:29am May 29, 2015 1:29am
Maybe no body took it since it was a loser
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