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Price Action Momentum: Recognize it, Join it, & Profiting from it

  • #41
  • Sep 3, 2015 8:42am Sep 3, 2015 8:42am
My apologies for my absence. Next week my life should be back to a little more of what I am used to, and I can get back to making some updates, and finishing up what I have not yet completed in regards to rules, conditions, etc.

Make smart trades, and have a great day!
"Keep your eyes on the helpers" - Mr. Rogers
  • #42
  • Sep 3, 2015 9:48am Sep 3, 2015 9:48am
great now my life is complete
  • #43
  • Sep 5, 2015 9:28pm Sep 5, 2015 9:28pm
Quoting Divergence
great now my life is complete
I am glad to know that I would choose to never waste time in others threads with a post like this. You do know you have a choice, right?
"Keep your eyes on the helpers" - Mr. Rogers
  • #44
  • Sep 5, 2015 9:41pm Sep 5, 2015 9:41pm
I have officially disappeared
  • #45
  • Sep 5, 2015 11:48pm Sep 5, 2015 11:48pm
Quoting Divergence
I have officially disappeared
I don't quite see what feeling sorry for yourself is going to do for you.
"Keep your eyes on the helpers" - Mr. Rogers
  • #46
  • Sep 7, 2015 6:58am Sep 7, 2015 6:58am
Quoting damonl
{quote} I don't quite see what feeling sorry for yourself is going to do for you.
got to love it, subscribed
cheers
hannele
  • #47
  • Sep 7, 2015 7:22am Sep 7, 2015 7:22am
Very interesting. I'll be following. Lately, I've been trying to use less indicators and I've been finding great success.
  • #48
  • Sep 10, 2015 9:10am Sep 10, 2015 9:10am
Sorry for my absence. I am trying to get here and hold up my bargain to this thread, but life has made it so that time to be here has just not been available. Things will get back to normal here soon. Anyway, the market is quite volatile right now with the 4hr trend opposite the D1 trend on most pairs I trade, so they are as out of whack as my life right now. Not the best time to be trading anyway, as there are too many long wicks, if you like trading when a pair is trending like I do.

See you sooner than later, hopefully !
"Keep your eyes on the helpers" - Mr. Rogers
  • #49
  • Sep 10, 2015 9:11am Sep 10, 2015 9:11am
Quoting imtav
Very interesting. I'll be following. Lately, I've been trying to use less indicators and I've been finding great success.
Less can many times be best ! I will be back to refresh everything and make things more clear and easier and safer to follow this system as soon as I can.
"Keep your eyes on the helpers" - Mr. Rogers
  • #50
  • Sep 10, 2015 9:18am Sep 10, 2015 9:18am
Quoting damonl
Trading the Reversal: ...The current bar went 2x lower then the wick of the previous bar, and it also happened to go below channel support. At that time I would have set a BS at the tip of the of the wick on the previous bar, and would place the SL at the bottom of the current bar. That is it. Now, it is safe to say that this can be used at any place on the chart, but it is best to use it if you believe that you are at a peak or a valley. Type 2 : {image} This example is the second type of reversal that so far also would have worked out. As you...

How is 1x and 2x calculated? What is the formula? Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #51
  • Sep 10, 2015 12:06pm Sep 10, 2015 12:06pm
Quoting TooSlow
{quote} How is 1x and 2x calculated? What is the formula? Thank you.
Multiplying the length of the previous bars wick. Make sense? But it is a very dangerous type of trade. I will talk about how to make it safer soon enough. I hope this has helped!
"Keep your eyes on the helpers" - Mr. Rogers
  • #52
  • Sep 10, 2015 4:59pm Sep 10, 2015 4:59pm
Major update to the first post today which includes good explanations and pictures of Trading type 1. I hope that it is not only enjoyable for you, but also clear to understand. Feel free to shoot any questions my way should you have any, and I hope to have the rest of the trade types updated shortly.

Bundles of thanks for your support, and make it a good day!
Damon
"Keep your eyes on the helpers" - Mr. Rogers
  • #53
  • Sep 10, 2015 8:55pm Sep 10, 2015 8:55pm
Hi Damon,

Thank you for sharing the system with the community. I have a question, is there any specific broker that we need to use for this strategy? Thank you.
  • #54
  • Sep 10, 2015 9:16pm Sep 10, 2015 9:16pm
Quoting lisyah
Hi Damon, Thank you for sharing the system with the community. I have a question, is there any specific broker that we need to use for this strategy? Thank you.
I would not think so... I have been with FXCM for years and have been very happy. I can't believe that they are not all very competitive. The only thing might be is that others start their new bar at different times, but I still can't see that making a difference. It might give others different trades, but the strategy should work the same. However, if you want to see the charts how I see them, you can open a demo with FXCM and go from there.

More good stuff to come!

Thanks for your support, and make it a great day!
"Keep your eyes on the helpers" - Mr. Rogers
  • #55
  • Sep 10, 2015 9:38pm Sep 10, 2015 9:38pm
Quoting hannele
{quote} got to love it, subscribed cheers hannele
Cheers, right back at ya! Loving it is the answer...kicking it's ass is the solution... Thanks for subscribing. Please feel free to enjoying yourself and having a good time with us while you are here!

Just like my relationship with the FOREX market. I love spending time with it, but nothing is better than when I kick it's ass!
"Keep your eyes on the helpers" - Mr. Rogers
  • #56
  • Sep 10, 2015 9:48pm Sep 10, 2015 9:48pm
Quoting damonl
{quote} I would not think so... I have been with FXCM for years and have been very happy. I can't believe that they are not all very competitive. The only thing might be is that others start their new bar at different times, but I still can't see that making a difference. It might give others different trades, but the strategy should work the same. However, if you want to see the charts how I see them, you can open a demo with FXCM and go from there. More good stuff to come! Thanks for your support, and make it a great day!
Thank you for the explanation. Much appreciated!
  • #57
  • Sep 11, 2015 1:32pm Sep 11, 2015 1:32pm
I am quite relieved this week is over with. I could not wrap my head around anything, and nothing in my life would let me get settled to make proper trades, and therefore, I had more losers then winners. That will change however.

I did notice that the non-lag settings were all messed up! Because of this, I have added new templates to the first page which will make this system and system two much easier to locate trades, and easier for the 4hr and D1 trends to harmonize when they should be. Thus, get us trading, and trading in the right direction soon.

Thanks for your support and make it a great weekend!
Damon
"Keep your eyes on the helpers" - Mr. Rogers
  • #58
  • Sep 11, 2015 1:50pm Sep 11, 2015 1:50pm
Quoting lisyah
{quote} Thank you for the explanation. Much appreciated!
My pleasure... you are more than welcome !
"Keep your eyes on the helpers" - Mr. Rogers
  • #59
  • Last Post: Sep 11, 2015 2:49pm Sep 11, 2015 2:49pm
Hello:

I wanted to yet you know that I have updated a second type of trade set-up that I look for and trade on the initial post called the The Zipper Trade. I hope that you enjoy it. If you have any questions, I will do my best to answer them.

Bundles of thanks, and make it a great day!
Damon
"Keep your eyes on the helpers" - Mr. Rogers
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