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fx-Tycoon replied Jan 27, 2015Good job and don't work too hard bud. Cheers
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015-9.5 on +30 for the day.. Daily management talk... Before this trade I was up +40 with very much a full momentum market at hand... so I took it without hesitation to hopefully put me up to +60 and therefore I could continue on taking more shots in ...
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015My lot size risk is predetermined and set once a week... and take into account 10pip stop. So, over the weekend I decide to what lot size I should use for the whole week. That is usually 1% of total amount I want to use of the balance... I always ...
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Just the like what I have mentioned in the 1st post and a few more times throughout the thread.
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Patience paying off big time.. +20 on both +40 for the day..
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Minutes ago nearly escaped stop hit on EU on going long trade... The risk is very low on this trade and awesome RR... just need small euro push here..
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Technically yes... But I personally due to maturity of the trend as its second signal in the same trend as my first trade with max stop, did not take it. also notice how strongly has pulled back with couple of close above and Ma nearly tipped over.
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Good valid question which I try to answer quickly... I don't want to complicate the matters... since new money could arrive in the market starting eu session its ok to trade it (must be low risk though)... however some commonsense pointers to keep ...
45 Combo - momentum system
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fx-Tycoon replied Jan 27, 2015Hello to all... preparing for the session. There is only one GBP red news about two and half hour into the session, so mark your eu and gu chart as I do. I see quite a few post and I will attend to throughout the session when I am free from trading. ...
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Partly yes... take note that we use Hard TP. So if the stop is over 10 it automatically kills the trade regardless. You don't want to take action on a trade with 14 pips stop and therefore increase your Tp to 28. We make due on the frame that I have ...
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Please read the thread or at least the first couple of pages. No swing qualify to begin with... entry incorrect... and I wonder how you got 20 out of a whole 10 pips move... maybe your talking about some other instance and you put up a wrong image.
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Good to hear you do that. Profitkeepr already answered your question. Thx PK.
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Crete, This trade is valid but not from where you entered… need to wait for full confirmation with PA resume after PB to cross-close the 5ema… seem like you jumped the gun on this. If one makes a habit of this kind of action then you'll soon find ...
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Great to hear your first one was a confident winner. Cheers
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Birdland, EUR and USD news impacts cross the board… but GBP news or YEN news would not have much effect if it’s not paired. For eg, when there is a GBP news, I ignore it on ej and uj… but take it into account on eu. Cheers
45 Combo - momentum system
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fx-Tycoon replied Jan 26, 2015Hoffi, Thank you and welcome to the thread. Answer to your questions: * Risk management… RR needs to be twice. * It’s just the right amount of expectation out of 1m swings. * When enough liquidity is there, then probability is high to reach the 20 ...
45 Combo - momentum system