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    trading the momentum cycle

    no this is a huge bull bar.
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    trading the momentum cycle

    many many experienced persons do not trade through news -it is a personal matter. it is obvious you are quite new to trading:if you like me ,having been confident in the analysis, have blown over 100 accounts, then you also, like me, may change. the market sometimes just does totally...
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    trading the momentum cycle

    no ...Unfortunately Brooks is quoted in isolation from the context he said it.Brooks is not an idiot. He did not become famous as an idiot, like i have. the fact remains that the market can and does change the game rules after your good entry; in which case only experience and management can...
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    trading the momentum cycle

    closed this trade for a 25 pips profit.....i have had so many losing trades i do not trust myself or eurusd to let my profits run: with NFP in 4 hours anything can happen. i want to trade next week.going to start the weekend early. have a great weekend guys and gals
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    trading the momentum cycle

    update to this long trade, already market has broken previous spike high, see chart
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    trading the momentum cycle

    thanks it takes a lot of effort to post trading is an opportunity because you can customize it to your needs :it is like getting a job that fits what you would want exactly. my method fits my needs wants and personality, as i see it. if i use Tiger's golf clubs i will not play like him. you...
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    trading the momentum cycle

    above i have given more than 5 reasons for the trade.....thank you for your opinion....i know the above trade is a good one for all the reasons i have mentioned. i know i am improving and that is all we can aim for
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    trading the momentum cycle

    modified stop to 1.1637..below the spike...this may be warranted because of NFP....this will increase the probability but reduce the RR. in any case this trade has more going for it and with NFP being the trigger expect eur to go up; the question is how much and when will the shakeout come?
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    trading the momentum cycle

    i am not talking about the cycle in the classical sense of the term, but rather referring to the momentum surges or impulse waves, that repeat, like a cycle, not necessarily, in equal time intervals
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    trading the momentum cycle

    yes i am trading for 20-30 ticks and i would have got that. i closed with much less because of news: the minutes.
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    trading the momentum cycle

    ok is this trade gambling? rhetorical question ! long eurusd the green trend line shows a channel overshoot , the red arrow is good reversal bar, the red horizontal line is a breakout pullback to the tick, blue arrow is my entry,the yellow lines are breakout failure,the blue line is breakout...
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    Retail traders can outperform hedge funds just not at scale

    what would you classify me as then? who has 20 usd AUM? :D
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    trading the momentum cycle

    yes i do gamble ...but i am trying to LEARN to trade. yes i do trade huge size but i want to back myself, i believe you can predict the markets, you can trade without a single loss, but this will take longer,it takes longer to be perfect,but that is ok. I have paid the price. i would have done...
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    trading the momentum cycle

    identifying bias is important. Trading bias is the reason for losing trades. everyone knows where the market is going I always knew but it is not enough:you will make money but you will lose more because there is no way to manage the trade. You need a set up to trade because how else can you...
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    trading the momentum cycle

    yes i too am learning what not to do...my trading has improved considerable by doing this. if i had joined this forum and done this 10 years back i would have saved at least 100000 usd. this is why many great traders say they teach....because they learn while doing it. Making a fool out of...
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    trading the momentum cycle

    yes this trade was, in principle, right but entry was wrong...because even though momentum was dying, there were no sign or confirmation of a reversal. In my opinion, a good reversal bar,which has something to reverse, is confirmation enough, in any time frame,but especially in the smaller time...
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    trading the momentum cycle

    yes i am trading only one the momentum dying....but as i often said i am no expert trader..[.though like many persons i have a lot of knowledge about technical analysis having studied it for 25 years ] and even if you have a reason for a bias, you still need a set up to enter.This is one thing i...
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    trading the momentum cycle

    yep thanks for that...... i closed my short for a small profit.... i do not want to risk a position during the minutes....i am going to sleep peacefully
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    trading the momentum cycle

    can you indicate on chart where i should have shorted? just for discussion..and thanks for taking part...Baron may give you too a gift
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    trading the momentum cycle

    but you cannot get 'several good set ups' for swings a day, you may get two...the rest are for scalps
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