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- KumoDragon replied Oct 29, 2010
Up +60 with +19 locked in with postive SL (what I lost yesterday) Going to ride this as long as a can as per trend magic indi from this point. I got up at 1100 and counted a L,H,LH pattern and trendmagic suggested long. So I got in at 1.38550 pre ...
EURUSD
- KumoDragon replied Oct 29, 2010
I dont know about that I used a H,L,LH pattern on the 5 M to get in long before the news was released. P.S. cmon smash through 3900 EU, I wanna start the weekend with a bang!!!
EURUSD
- KumoDragon replied Oct 27, 2010
My suggestion is to close the trade and don't put on ANY other trades until you learn to trade with a realistic stop losses in place and accept losses when they happen. I know from first hand experience that not having a sl because you hope it will ...
EURUSD
- KumoDragon replied Oct 27, 2010
I disagree about stochastics being nonsense. I don't use them for entry or exact exit, but I do find them useful just for gauging overbought oversold when I am looking at possible entry. So, if I'm thinking of a short and the stochastics are all in ...
EURUSD
- KumoDragon replied Oct 20, 2010
Wednesdays 2 winnners — Here is a jpeg of my last two winnning trades using trend magic. The first was my long I already posted about earlier +89 from the US session. The second was a short. I followed trend magic rules for entry but put a ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 20, 2010
OK day today. — -6 Long. -33 short. Could have been avoided. TM changed but BB didn't. But at that time, on the 4 H it looked to me like it could have been a retrace to more short movement. Actually should have been less of a loss but I moved ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
If you are asking about the GMT shift variable for the breakout box you'll have to ask your broker what + - GMT they are. P.S. the breakout box paramaters are up to you, they have little bearing on a TM trade. I just use the box to mark 6 AM to 8 AM ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
Ya, one of the things that attracted me to this thread was trend following AND trailing stop set up of TM. Of the methods I've been toying with the past few months from FF none have had a dicernable, repeatable, and logical way to trail and lock ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
Yes it does. And what feels better is that I didn't spaz out and do 5 trades within one session trying to find the best direction of the morning to be in. Just thought I'd upload a jpeg of todays trade so anyone who is interested or has comments, ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
I locked in the last TM level early as it looks like it could possibly be a turning point to me. +61 pips locked in, so I'm happy even if I am stopped. P.S. stopped out at +62 pips. Good run. Had I gotten up just bit earlier I could have caught the ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
This a trendmagic thread the op has asked that it not be polluted with other indicators. Correct me if I am wrong but it looks like some THV stuff, and I dont see anything on there resembling trend magic. So, why are you on this thread?
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
Im in the same trade with a later entry. Did you move your stop with TM yet?
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 19, 2010
I was looking at them. Is that .49 per side of the trade? .49 when you enter and .49 when you exit?
avoiding paying the spread
- KumoDragon replied Oct 19, 2010
Got up at 6 am 11:00, looks like EU has a lot of volatility on the 5M anyone know why?
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 18, 2010
Was this one too late to take? — As per the TM and BB there was a potential short on the EU at 20:30, which is 3:30 in the afternoon here. I saw it but ignored it because of the time of day. Would anyone else who is trading this method have ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 18, 2010
Ya I know. At the time the last lower high looked a might too close. I'm not used to trading methods that have such tight SL. A SL of 20 or less gets me starting to worry I'll get stopped out just by normal movment and have the trade go my way ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 18, 2010
Better luck today. — Well, I had a bit better luck today. 2 Trades, -39 short Loss, +48 Long win. The short could have been avoided had I just waited for the candle to close. The TM turned red and I got in before the candle closed, and then it ...
Part 2 EURUSD Trend magic System