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damonl replied Sep 10, 2015Less 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.
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Sep 10, 2015Sorry 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 ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Sep 6, 2015Not me
Worries get in the way of living life, and believe me when I tell you that life can be snatched from you in the blink of an eye. I have to try and accomplish some chores today before the markets open, but I will try to put in some more ...Damon's meat in the middle system
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damonl replied Sep 5, 2015I don't quite see what feeling sorry for yourself is going to do for you.
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Sep 5, 2015I 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?
Price Action Momentum: Recognize it, Join it, & Profiting from it
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Damon's meat in the middle system
Started Sep 5, 2015|Trading Systems|160 replies
Welcome to my "meat in the middle" trading system
A word to all of us who feel ...
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damonl replied Sep 3, 2015My 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, ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 29, 2015A slight update was made to the first post. It was nothing major, but as I update the post with either new or updated information, I will always make a new post and inform you that I have done so. I know that I owe you another entry or two, and I ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 29, 2015Thank you. Please feel free to jump in whenever you feel like it !
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 28, 2015Here is what I came up with, without even adding anything else to the charts. Lets say that I go short on the 30M TF. At that point, I would go to the 1M chart with the same template, and I would wait until I get a close above the non-lag, and then ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 28, 2015Yes, it is not a bad idea to look down to the 1M bar is trading the 30M bar to look for an exit point. Perhaps the 5M bar on the 1H chart, and the 15M bar on the 4HR chart and the 30M bar on the D1 chart. Considering that we would not bring these ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 28, 2015Hey: Thanks for that little golden nugget. I had not looked at the 30M at all until you asked, so I pulled up the geppy, and it looked like a fantastic pair to trade on the 30M chart so I am sure there are other pairs that would work a well. The ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 28, 2015The other thing I do on a few of the pairs for the 4HR and D1 charts, is to use the MT4 alerts function. I can easily set a price at the mid point of the body of the previous bar, and have MT4 "push" me a notification. Then, set your stop order, and ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015Not always. Not even close to all the time actually. I will check it out sometimes to make sure I did not make an error. I will also make sure that I am around at the end of the bar to close the trade. But no, it is not my practice to watch the ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015New trade entered: Here is the chart of a trade that just entered. I did not need the trade to get to the center body of the previous bar, as it got to the support level. If I wanted to be riskier I would have entered long at the support level, but ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015Trading the Reversal: First of all, this is the hardest type of trade to try to get right and I do not recommend it, but sometimes, I am just so sure that I do it anyway. There are a few different ways I will trade a reversal. They are very similar, ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015Yes, I will go into that, but maybe not right now. It is a riskier type of trade, and one of the methods I was going to share with you. The problem as you noticed, is that you were wrong and price comes back and knocks you out and takes your money. ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015I usually place the SL above or below the current bar at the pivot point, or the place it got to before it turned around and returned to trigger my trap. If that is too much, then you can shorten it up as you wish. I hope that I have clarified this ...
Price Action Momentum: Recognize it, Join it, & Profiting from it
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damonl replied Aug 27, 2015Your welcome.. it is my pleasure to share with others trying to make Forex work for them. I will do my best to answer your questions, as I think I understand them. If I missed the point, please feel free to re-post it. As price moves up ( in this ...
Price Action Momentum: Recognize it, Join it, & Profiting from it