Nice trade Pablo,
I was watching AU but didnt find an entry I liked.
Never Lose Again
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brettnchris wrote:FX are you only taking trades away from the Daily mz?
no no =]
these are the most obvious and (imo) secure trades to take, which I will be doing live.
I do plenty off H1 and H4 (very rarely go down to M5 to pinpoint the entry, but mostly just use my rule of MOMO BO/ open +3-4 pips).
Here is ONE trade (finally) on GU H1, left Limit orders on friday night, worked out nicely.
Entered at read lines, the 2 Opens of MOMOs, SL=1.5858, both TPs hit with +17+20= 37 pips.
10th profitable trade in a row. and countinnnng !
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Limit orders are great if your not infront of the computer. Thanks for posting charts its been a little ruough start for me this wiik I need to get my head in the game.Fxtraveller wrote:brettnchris wrote:FX are you only taking trades away from the Daily mz?
no no =]
these are the most obvious and (imo) secure trades to take, which I will be doing live.
I do plenty off H1 and H4 (very rarely go down to M5 to pinpoint the entry, but mostly just use my rule of MOMO BO/ open +3-4 pips).
Here is ONE trade (finally) on GU H1, left Limit orders on friday night, worked out nicely.
Entered at read lines, the 2 Opens of MOMOs, SL=1.5858, both TPs hit with +17+20= 37 pips.
10th profitable trade in a row. and countinnnng !
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THE BO of the bigger candle was more important, thus price reversed earlier than I anticipated.
Keep repeating to self: enter only at the price you want !
Keep repeating to self: enter only at the price you want !
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Last edited by Fxtraveller on Tue Oct 06, 2009 4:41 pm, edited 1 time in total.
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I've already set a mini challenge to myself- 20 profitable trades in a row.
when MO was claiming that he wins 20 times in a row and more, I (and I apologise) sincerely thought that was exaggerated bragging
I've barely learned the concept and have 10 wins in a row (althoug hcarefully selected, was eager to rush into many more) .... expecting to live up to MO's achievements !
when MO was claiming that he wins 20 times in a row and more, I (and I apologise) sincerely thought that was exaggerated bragging
I've barely learned the concept and have 10 wins in a row (althoug hcarefully selected, was eager to rush into many more) .... expecting to live up to MO's achievements !
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This was a huge trade for me. I entered on the M5 chart after I saw the hourly in the H4 MZ. But what was big was I set my sl and tp and did not pull the trigger when price went against me. Price did what I thoght and took my tp out only leaving 4 pips on the table. +28 for the trade.
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Hey brett,
Are you combining the bottom of bucket sup/res trades with the Mighty Zone area's?
Are you combining the bottom of bucket sup/res trades with the Mighty Zone area's?
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Not on this one it was pure price action but I did look for a 61 percent fibb area for my entry just to keep me from entering too early...I ended up leaving 20 pips or so but left as soon as I got my profit for the day...I can live with 28 pips a day...heheprochargedmopar wrote:Hey brett,
Are you combining the bottom of bucket sup/res trades with the Mighty Zone area's?
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