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fx-Tycoon replied Feb 19, 2015NO but all has been based on Momentum and short term trading. The dot com crash thought me a lot about importance of trade duration so I became more and more of a short termer. ( I used to trade stocks as well then) I used to consider a lot of other ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015I know the swing was 15 and valid... but some commonsense can do a lot of good... on second pump you want some more momo not falling to DT bounce... but more importantly was the daily management that should have kept you away from that trade... you ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015+18.. this winner is a blessing late in my session... I went rather aggressive on this third hour by floating on two trades at the same time which the ej failed miserably.. however, I was totally ok with ending the for -10 I had accepted the risk. ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015You bearly had any distance on this one.. on eu... the real move was off the 1st initial momo... you took it on the second pump on barely a swing qualify. Try to manage your session rather than taking every little signal. You will not win in this ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015-6 -5 for the day... ej is playing cat and mouse with me, lol
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015ej long risk 6... the signal is off narrow second chance..
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015Guys I am changing to birdmans Broker, lol
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015Birdman, so when you lose some you add that amount to your next target!!
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015When you're at zero, you're in the quest of Daily Target. When you're at 0-3 -17, you're in the quest of Survivability. Now you're back to quest of Daily target..
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015Me too... and got saved by the buffer... IF we were too anxious to get involve on such full momo setup a -7 pips was for sure the result. so as you all see it's not always about the potential... but following structure, patience... all leads to good ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015Perfect example of lack of patience to let the signal fully develop... anxiousness to get a trade off got the better of our buddy Blackfeet. I am not calling you out bud, it's all good, it's part of the learning curve and developing process. Cheers,
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015I try to talk about key matters in LIVE action... it will stick with you for sure. When your managing things in the heat of the battle you want simple... simple meaningful words rather than a long theory... 0-3 -17 = Survivability!!!... you follow!! ...
45 Combo - momentum system
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fx-Tycoon replied Feb 19, 2015right on HT and shoe... "Survivability"... your looking to survive for first and most. This means getting back to break even and or to chip away from the accumulated losses in the case of trade struggling at some point. That is why in your mind the ...
45 Combo - momentum system