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- mithu replied Mar 8, 2010
Ohh that is another filter .... i did not know that .... lol
- mithu replied Mar 8, 2010
is there any particular reason, you did not take that trade? i took that short as price has turned on this level before. Did I miss some thing which need to be considered to take this trade? Anyway now that move does not look good, should I close it? ...
- mithu replied Mar 8, 2010
What I understood, is you draw the levels based on past, they would be the turning points, so you place order when market approaches that turning point. It is possible that market does not turn and breaks that level then in that case observe the ...
- mithu replied Mar 8, 2010
My hard stop loss is 100 pips, above the past reference point, but I would observe it and if that trade would go against me then I would close it manually by nimizing the risk at some point. Any comments and advise please?
- mithu replied Mar 7, 2010
Short on eur/usd — I am short at eur/usd. Is it valid entry?
- mithu replied Mar 7, 2010
A newbie request. — I just found this very useful thread yesterday. I am struggling to find some thing suitable for me. One of my friend helped me and refered me to here. I found it is some thing that would fit for me and i can be successful ...
- mithu replied Mar 4, 2010
I am going to stick with System III. No mix trade. Here I am long again.
- mithu replied Mar 4, 2010
I am long at 1.3686
- mithu replied Mar 4, 2010
Do you mean that I should take long on next high? Thanks for advise.
- mithu replied Mar 4, 2010
If I use both systems on different pairs... then is it ok? My long trade hit the stop-loss. no prob. wash and reins.
- mithu replied Mar 3, 2010
Feb one question I have... As I am using your system II also and System III too on same pair... Should my system II trade has some effect of System III setup....for example.. I am long on System III on 30 min charts.. Now should I give prefrence of ...
- mithu replied Mar 3, 2010
I am long at 1.3698 and stop loss is at 1.3660
- mithu replied Mar 3, 2010
These are my yesterday trades. #1: 21 pips profit #2: reverse back from 18 pips profit, I did break even and it is closed at break even. #3: was taking longer time but i as patienece as it was slow time London has closed.. but then move down very ...
- mithu replied Mar 3, 2010
Although I just started a week ago to actually using System II but so far it is consistent. I dont care what big players do. They have bigger accounts and different goals and different situation. I believe time frame is just to make data simple to ...
- mithu replied Mar 3, 2010
I had done two trades on 30 min. They went in profit and it is very easy to understand and manage. I am also following your System II basic teachings and also they are very simple and amazing effective.... You are full of starts Sir and there is no ...
- mithu replied Mar 3, 2010
Feb teachings are TradingBible.... no doubt — Feb Trading Bible: 1) wait for the market to have a 30-40 ticks swing at any direction 2) Wait for a retracement 3) set 2 horizontal lines - 1 at the beginning of the swing and 1 at the last swing ...
- mithu replied Mar 3, 2010
This is simple and excellent method — This is great method and very simple, how to read the market and then manage your trade with expentency... using speed and rythem and time to epxect the market would go in your direction keeping in mind ...
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