Attachments: 45 Combo - momentum system

45 Combo - momentum system

#4,001
Sep 4, 2015 9:38am Sep 4, 2015 9:38am

fx-Tycoon
Joined Feb 2014 | Status: Trader | 1,133 Posts

Quoting The Sparrow

Disliked

It's good to see your still trading and viewing your post. get well soon, my friend. PS: after 5 years, this is the only system that I've been able to make consistent profits. 6 profitable months in a row, working on number 7. thank you.

Ignored

That is awesome to hear, keep it up.

I am fully recovered now but my priority in life has changed, time to smell the roses so that is why I moved to slow pace frame I check the chart once a day for hour or less.
But anyone who is young and hunger to build up cap the 1m is the way to go if dedicated, which sounds like you are.

Cheers

#4,002
Sep 4, 2015 9:38am Sep 4, 2015 9:38am

fx-Tycoon
Joined Feb 2014 | Status: Trader | 1,133 Posts

Quoting freundr

Disliked

{quote} Sorry, didn't realize you had an accident. Hope the recovery is going well. Are you trading the same pairs off the hourly ?

Ignored

Yes same Pairs.

Cheers,

#4,003
Sep 4, 2015 1:22pm Sep 4, 2015 1:22pm

freundr
| Joined Oct 2013 | Status: Trader | 254 Posts

Quoting fx-Tycoon

Disliked

Folks due to my massive accident about 6 months ago as most of you are aware it was really hard for me to trade and kind took a backseat in my life.. therefore I decided to trade the longer time frame such as hourly. I do the same 45combo the only difference is I take it off the hourly and I don't use stops.. which makes it a whole different ball game.. I don't recommend it but if you ever decided to do so do it at very small load.. 0.5 per 1k. Cheers,

Ignored

Have you adjusted your profit targets for the higher time frame ?

#4,004
Sep 4, 2015 4:28pm Sep 4, 2015 4:28pm

fx-Tycoon
Joined Feb 2014 | Status: Trader | 1,133 Posts

Please do not ask me about higher time frame stuff, its a different ball game.. I just use the 45combo as a indication for entry, that's all.. beyond that there is a lot more involved which I will not get into in this thread or ever.

Thank you.

#4,005
Sep 7, 2015 8:47am Sep 7, 2015 8:47am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

Hi all,

I am new to this thread. This system sounds very promising. I've read a few pages and Hammer top pdf file. I got a basic question to ask, what is the green/red box usage? sorry if it was asked and answered before.

Hope fx-Tycoon recover well and come back posting. Hope other fellow traders can resume this thread momentum.

Thanks,
-Henry

#4,006
Sep 7, 2015 9:04am Sep 7, 2015 9:04am

Go5
Joined Jun 2014 | Status: Invisible | 1,472 Posts

Quoting henryloving

Disliked

Hi all, I am new to this thread. This system sounds very promising. I've read a few pages and Hammer top pdf file. I got a basic question to ask, what is the green/red box usage? sorry if it was asked and answered before. Hope fx-Tycoon recover well and come back posting. Hope other fellow traders can resume this thread momentum. Thanks, -Henry

Ignored

You might be referring to the 1H candle boxes which help with the 1 trade per hour rule...

#4,007
Sep 7, 2015 9:18am Sep 7, 2015 9:18am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

Quoting Go5

Disliked

{quote} You might be referring to the 1H candle boxes which help with the 1 trade per hour rule...

Ignored

Thanks Go5, I am referring big red and green box in the main chart. It comes from M-candles. If I delete M-candles, these box disappears.

btw, are you still trading this system? would you guys still post pics to give us a reference.

#4,008
Sep 7, 2015 9:24am Sep 7, 2015 9:24am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

I just took this trade and got stop out. I was demo experimenting. I know today is bank holiday, no much momentum coming in and not good for trade. But I just want to get some feeling in this system.
Can you guys comment if it is a valid single please from trading rules perspective?

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#4,009
Sep 7, 2015 9:58am Sep 7, 2015 9:58am

Go5
Joined Jun 2014 | Status: Invisible | 1,472 Posts

Quoting henryloving

Disliked

{quote} Thanks Go5, I am referring big red and green box in the main chart. It comes from M-candles. If I delete M-candles, these box disappears. btw, are you still trading this system? would you guys still post pics to give us a reference.

Ignored

I put this system on a hold, I posted my stats here...

Your trade: the entrance is quite close to the last high and maybe too much SL buffer; the spread of >1 pips is also not helping much.

#4,010
Sep 8, 2015 7:27pm Sep 8, 2015 7:27pm

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

Quoting Go5

Disliked

{quote} I put this system on a hold, I posted my stats here... Your trade: the entrance is quite close to the last high and maybe too much SL buffer; the spread of >1 pips is also not helping much.

Ignored

Thanks Go5 for the comments. When we trade pullback, we always need clear the previous high. Why does it matter?

#4,011
Sep 8, 2015 7:30pm Sep 8, 2015 7:30pm

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

Below is main trading chart

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the main issue is the market depth takes too much area. It is hard to see the big picture of trade development. are you guys trading similarly?

#4,012
Sep 9, 2015 1:24am Sep 9, 2015 1:24am

Go5
Joined Jun 2014 | Status: Invisible | 1,472 Posts

Quoting henryloving

Disliked

{quote} Thanks Go5 for the comments. When we trade pullback, we always need clear the previous high. Why does it matter?

Ignored

It does matter because you want a pullback of a certain minimum move and it will give you some positive space to get out of the trade with BE or a bit more if things are stalling at the last high - you will need that...

The screen setup is a bit crowded but that's what it is; use zooming out etc. - only needed once in a while.

#4,013
Sep 9, 2015 7:53am Sep 9, 2015 7:53am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

Quoting Go5

Disliked

{quote} It does matter because you want a pullback of a certain minimum move and it will give you some positive space to get out of the trade with BE or a bit more if things are stalling at the last high - you will need that... The screen setup is a bit crowded but that's what it is; use zooming out etc. - only needed once in a while.

Ignored

Thanks Go5, kind of understand