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fx-Tycoon replied Jan 30, 2015yes wise choice... I am not in it either... but the trade is somewhat valid. I will elaborate on this some other time for everyone.
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Use the buffer bud... you should not be triggered just yet..
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Through out the thread I see one measurement is very much overlooked by most... and that is the Distance factor!!.. Who can tell me what that is?
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Yep no touch there.. we need that reaction/rejection. Anyhow I keep it as such for the sake of discipline. Plus I was already in the bear move with eu so I would still take advantage if it meant to run. so no need to add on a ify one.
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Right on... get yourself free from Alkatraz baby, lol btw... I get to your other post later on... it was too long so I read and respond later on.
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Watch eu, boy aren't you glad your out with just 4pips loss rather loser -10 (for those who use hard 10 stops) or No sell and stick around and hope for return. Example of controlling your own destiny while your taking aggressive shots for pay.
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Now... do we go short for the rest of this hour even if the most stunning signal arrives??
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
It can't get any better than this for a signal. Rest of the stuff double this double that s/r, pivot, RN and whatever a heck else will bring nothing but second guessing and inconsistency.
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
4 pips to find out if it's franky fakey or franky real, lol
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
What is the most ideal signal... Good show of momentum swing... then, pullback with touch reaction to 40 ema without mac and 5ema tipping over 40ema... crossover resume of PA candle off 5ema... measure the risk ( stop size )... then, set pending ...
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Quick observation right after eu open... You just witnessed about 20 pips bear move on all for pairs... what does it tell you? you guessed it.. some liquidity has rolled in... that is information... the greatest commodity in trading. Now, you must ...
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Welcome Alkatraz. Yep there are couple of issues. Please read the thread and fully absorb it. Thanks in advance. Cheers,
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
It's for the same reason as mr.ma mentioned but it's not one trade per hours... It's one trade per hour, per direction.... which could make it to have two possible trades in one hour... one buy, one sell. The one hour candle is just for clear ...
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
Please read the 3rd link pay attention to the one bold word in the middle and then look at where you got trigger!!
45 Combo - momentum system
- fx-Tycoon replied Jan 30, 2015
From where you are I should trade from hot tub, lol... is it snowing there? I think around +70... as long as your up it's a blessing.
45 Combo - momentum system