I am only teaching how to trade forex, however the IB i work for is recruiting clients to earn commission. As I understand it, you need it if you are recruiting clients for an IB. However, I am just teaching, so I am unsure where I stand. Thank you ...

market revenge... bad idea. If you are losing money with any trading style, my advice is DECREASE the lots until you are more consistant with your gains. Remember that it takes time to learn how to be successful with feb's "system."

Thanks for the answer. I think I understand. System II is different because you dont have to identify the trend just a swing and you buy on the continuation after the pullback instead of the pullback itself

Hey thanks for the visual fxachilies. I have been looking at entries like these as well. I like how this view of the market is built on common sense. Anyway, it helps to have a blueprint of trades like this.

That trade reminds me of the "levels" feb had posted about ealier in this thread. Especially how you brought the london levels into the NY session.

ah i see thank you

difference from system I and system II? — Hey Feb, are there major differences from System I and System II other than the timeframe? I have read through all of system II's thread and a lot of system I's. Am I missing something? It seems that ...

Feb, thats awesome!! Keep your chin up.

Well the only part of the runner that would have to be a clean shot would be right when we entered the trade. After we have a little cushion our trailing stop could be 25 pips or so. That way the market would have some room. Once I have a sl at ...

post 2297 was a response to 2296. I was saying that maybe we could use the tight stops like in chart two, but use a trailing stop to take profits. For instance... a sell order is triggered with a very tight stop and it moves to 10 pip profit. Move ...

I agree! Got a sell stop right there too.. as long as the pullback stops soon

looks like a good swing is developing on e/u at the start of the london open

Why did you let them go from +40 to +1? I would use a 20 pip trailing stop or something.

What about using the tight stop when u place the order but when u have a profit u trail the stop in order to catch the runners?

If you want it tight, how about the bottom of the previous or current candle when your limit order was hit?

Well, was there a chance to enter again on those trades that hit your sl? It seems to me that if you put a tight sl.. like 5 pips + spread and your sl is hit, then you could always reenter if the market moved back down to your original entry. I ...

hey that makes sense to me. Although I am new to this overall strategy, what you are saying makes sense; I have been thinking along those same lines... ie: you will be able to test the market for a quick runner without much risk by placing a very ...