supply/demand/ZL/MOMO/SR-all in one strategy by sgorn

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newscalper
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Postby newscalper » Thu Jun 02, 2011 9:34 am

How are you entering? PA? Limit orders?

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Postby sgorn » Thu Jun 02, 2011 10:17 am

newscalper wrote:How are you entering? PA? Limit orders?

well it depends. if in one place there are MOMOs 1H,15M,5M and clear supply/demand area I place limit order. If I am stopped then reentry acording to MOMO from 5M(kind of confirmation)

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Postby sgorn » Thu Jun 02, 2011 10:32 am

no risk, no fun...short, EJ
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Postby sgorn » Thu Jun 02, 2011 11:06 am

EJ, and TP for this trade.. let it run !! :)
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Postby sgorn » Thu Jun 02, 2011 7:16 pm

EJ finished on BE

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Postby sgorn » Tue Jun 07, 2011 12:03 pm

Hi, yesterday I had a day without trading. And today I am waiting for a good accasions..
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Postby sgorn » Tue Jun 07, 2011 4:17 pm

so once again EURJPY, MOMO up. and situation on 5M, clear demand area and MOMO 5M... if the price breaks MOMOs 15M and 5M ( resistances) then TP will be 117.90..
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Postby sgorn » Tue Jun 07, 2011 4:21 pm

and first SL( -8p ) in that area, reentry ( post above)
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Postby sgorn » Fri Jun 10, 2011 6:55 am

trying to catch big movements :) I have MOMOs, so now I can wait for a chance to rally ...
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Thanks, now reading

Postby Agde » Mon Jul 04, 2011 9:09 am

sgorn wrote:
Agde wrote:And I forgot : what is MOMO ? I would like to understand the importance you give to wicks, not just the top or bottom of a range....

Thanks a lot !

MOMO is momentum candle . everything is in Lukx thread ;) MOMO is a candle that breaks some kind of Resistance/support. Its a kind of break out.

one thing, if you want to read something interesiting about support/demand areas, find Sam Saiden films on fxstreet.com.
and this thread is very good:
http://www.forexfactory.com/showthread.php?t=255586


Thank you for your info and the very good charts. I will be reading all material you quoted. Unfortunately it takes a long time to load these pages, anyone have the same problem ?

many pips to you

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