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sriloba replied Apr 1, 2015I close manually a trade with -10 pips Normally I don't open a trade 1 hour before the new releases. And you should do the same. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 1, 2015Long --GU-- @ 1.4843 with 1 small lot because NEW will release 4:30 am ET SL @ 1.4813 H4 : Up trend M15 : step1 and step2 are happened M5 : Trigger to the rule Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 31, 2015Be carefull on the situation like this. For instance, sometime you will see price goes up the indicator (TRIX) goes down. This is a negative divergence and vice versa. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 31, 2015Yes. The cowabunga, trend following, uses MAs cross to dertermine the trend in H4. Then enter a trade in M15. The MA is lagging but it is conservative. My main idea in this thread is we can use different tools to make a better system based on ...
Come Surfing Fx With Me System
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sriloba replied Mar 31, 2015Now, you are talking like a pro.
But be careful when you use the momentum entry. This kind of entry is used when we know in advance the momentum will accelerate. Be careful, guy Sai RamCome Surfing Fx With Me System
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sriloba replied Mar 31, 2015Hi Biondo, You are right. If you are fresh new in using the Momentum Trend I suggest to trade the direction H1. Because the trend H1 changes direction pretty fast. So Biondo, you understand the prevailing trend.
Sai RamCome Surfing Fx With Me System
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sriloba replied Mar 31, 2015If you have any questions concerning in Post#931 you can ask me because I have used the Cowabunga system since 2008 with some little new modifications. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 31, 2015The Cowabunga system said : The Main Trend Is Your Friend The main concept of the theory is to catch small trends during the day while avoiding fakeouts. Simple right? Wrong! It’s easier said than done. I will be making my trades off of a 15 minute ...
Come Surfing Fx With Me System
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sriloba replied Mar 31, 2015This morning, I use the old system that I had used to trades 7 years ago. I closed a winning trade with +24 pips. H4 : Trend M15: Retracement M5 : Trigger The system called Cowabunga in Babypips.com. But I have changed some modification about the ...
Come Surfing Fx With Me System
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sriloba replied Mar 30, 2015SHORT --UJ-- Sell @ 120.22 Normally, I don't trade Asean session. This evening I saw a familiar set up of Momentum Trend (H1_M15_M5) H1 : Down Trend M15 : Step1 and Step2 are happened M5: Put a sell just for fun Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 30, 2015Scalping -- GU-- M15 If price creates a green circle and touches the support line (renko_channel) I will go scalping in M1 If nothing happened I will keep an eye on the pair because it is my preferated pair. The price pattern is developping in M15 ...
Come Surfing Fx With Me System
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sriloba replied Mar 30, 2015H1 : Down Trend -- Price is topping M15 : Step1 and Step2 are happened M5 : Enter a trade with the rule without exception TP @ middle channel It seems the up momentum is building very fast but we have to follow our rule too with an eye on the ...
Come Surfing Fx With Me System
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sriloba replied Mar 30, 2015Yes. There is a news from EU at 3 am ET and price push EU to the downside.
Come Surfing Fx With Me System
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sriloba replied Mar 30, 2015SHORT --EU-- Short @ 1.0864 TP : 44 pips Momentum Trend (H1_M15_M5) H1 --Down Trend M15 --Retracement-- STEP1 and STEP2 are happened M5 : ENTER A TRADE After I put a trade I went to bed. Because I was very very tired Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 29, 2015For my first trade of the first lot I will put my TP @ 44 pips just in case the second trade won't happen. Sometime my daily 24 pips not succeed but it is ok for me. Because we should not force the market to move a little bit so we can realize our ...
Come Surfing Fx With Me System
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sriloba replied Mar 28, 2015You can open another transaction iff the conditions are met. Let's say you enter long position with 1 lot. After 10 minutes price retraces slightly below your first entry then price goes up. If the conditions to go long are satisfied then you can ...
Come Surfing Fx With Me System
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sriloba replied Mar 28, 2015Ok. I understand. The example in Post#896 is only educational and nothing to do with the real chart. I chose those prices as purely to support my explanations. If you are still unclear you can throw me any questions. And I will please to clarify ...
Come Surfing Fx With Me System
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sriloba replied Mar 28, 2015Example : 1er ) LONG EU @ 1.0927 --- 1 lot 2e ) LONG EU @ 1.0915 --- 1 lot The first time I enter a trade then price retraces below the first entry. Then wait price trades up and I put 1 lot with all the conditions are met for a LONG TRADE. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Mar 28, 2015RR: 3% I always enter a trade 2 lots. Because the first time I enter a trade might not a good entry. Sai Ram
Come Surfing Fx With Me System