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We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

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The System II (Yes with irony)

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  • Post #5,321
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  • Sep 11, 2009 4:04am Sep 11, 2009 4:04am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Am I right htat this is a wide bracket - and the only realistically testable BB's would be a break short at 14597 or long at 14618 (obviously with +/- 3 pips)?
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,322
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  • Sep 11, 2009 4:06am Sep 11, 2009 4:06am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
the bearish move at the moment is a news refelection.. don't get crazy about he countinuation signal if it breaks
 
 
  • Post #5,323
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  • Sep 11, 2009 4:06am Sep 11, 2009 4:06am
  •  DareXau
  • | Joined Mar 2009 | Status: RangeBar's Semi-Scalper | 896 Posts
Quoting jplo
Disliked
Hi Darek....
I've seen that you have already taken your "loyalty payment" from Sydney....
Sydney movements are usually in less quantity, but more quality (less deceiving)
Ignored
... unfortunately the mistake cost me a little more than my regular royalty payment,
but the game is far from over and the final outcome will be positive, I'm sure about it ...
at the moment mistake was corrected and price is moving where should be ...
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  • Post #5,324
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  • Sep 11, 2009 4:14am Sep 11, 2009 4:14am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
Quoting fxachilies
Disliked
the bearish move at the moment is a news refelection.. don't get crazy about he countinuation signal if it breaks
Ignored
I am sorry guys I was half an hour early on the news.. my appoligie..
 
 
  • Post #5,325
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  • Sep 11, 2009 4:14am Sep 11, 2009 4:14am
  •  pauljred
  • | Joined Dec 2006 | Status: Member | 84 Posts
Quoting mac1956
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- Oh, stupid!!! I see now - the bear run breaks the previous fcr - now I see what you mean!
Ignored
http://www.forexfactory.com/showpost...postcount=5279 I'm hoping that you missed my post, rather than it was so bad it made no sense, LOL
 
 
  • Post #5,326
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  • Sep 11, 2009 4:18am Sep 11, 2009 4:18am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Just did +30 pips on Cable using this fabulous system.
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,327
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  • Sep 11, 2009 4:21am Sep 11, 2009 4:21am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting pauljred
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http://www.forexfactory.com/showpost...postcount=5279 I'm hoping that you missed my post, rather than it was so bad it made no sense, LOL
Ignored

D'you know Paul, I didn't miss it at all - I still didn't get it. I see now that the fractal is earlier - the highlighter is around the break of the fcr - I thought it was something about the pattern of candles inside the highlighter. Dumn and dummer. Now I see how clear your post was! Sometimes I amaze myself at how dumn I can be!!! Thanks for your contribution. Please don't hesitate in future.

Mac
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,328
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  • Sep 11, 2009 4:23am Sep 11, 2009 4:23am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
Quoting pauljred
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http://www.forexfactory.com/showpost...postcount=5279 I'm hoping that you missed my post, rather than it was so bad it made no sense, LOL
Ignored
no no pj.. that was excellent.. i saw that last night and i was going to refere Mac daddy to your post i just did not have the time to look for it..
you were right on the money.. thanks for your effort..
 
 
  • Post #5,329
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  • Sep 11, 2009 4:24am Sep 11, 2009 4:24am
  •  pauljred
  • | Joined Dec 2006 | Status: Member | 84 Posts
Quoting mac1956
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D'you know Paul, I didn't miss it at all - I still didn't get it. I see now that the fractal is earlier - the highlighter is around the break of the fcr - I thought it was something about the pattern of candles inside the highlighter. Dumn and dummer. Now I see how clear your post was! Sometimes I amaze myself at how dumn I can be!!! Thanks for your contribution. Please don't hesitate in future.

Mac
Ignored
Happens to us all, glad you got it in the end
 
 
  • Post #5,330
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  • Sep 11, 2009 4:27am Sep 11, 2009 4:27am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting pauljred
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Happens to us all, glad you got it in the end
Ignored

This is just the best thread on all counts!!! Top members, top coaches - proud to be part of it in my own stumbling and slow way...
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,331
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  • Sep 11, 2009 4:28am Sep 11, 2009 4:28am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
Quoting mac1956
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Just did +30 pips on Cable using this fabulous system.
Ignored
Mac,
I used to trade that pair as you all see my early charts display long time ago in the thread.. but.. there is a reason that i don't anymore..
 
 
  • Post #5,332
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  • Sep 11, 2009 4:32am Sep 11, 2009 4:32am
  •  FOURX
  • | Joined Feb 2007 | Status: Member | 1,476 Posts
Quoting mac1956
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Just did +30 pips on Cable using this fabulous system.
Ignored
1 pair/1 timeframe
 
 
  • Post #5,333
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  • Sep 11, 2009 4:32am Sep 11, 2009 4:32am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting FOURX
Disliked
1 pair/1 timeframe
Ignored

Point taken - bad boy!
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,334
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  • Sep 11, 2009 4:34am Sep 11, 2009 4:34am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting fxachilies
Disliked
Mac,
I used to trade that pair as you all see my early charts display long time ago in the thread.. but.. there is a reason that i don't anymore..
Ignored

The reason is???
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,335
  • Quote
  • Sep 11, 2009 4:42am Sep 11, 2009 4:42am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
Quoting mac1956
Disliked
The reason is???
Ignored

aha.. somebody has not done his homework.. bad boy.. lol
i let you find out the hardway.. since you dont read the thread or if you have to reread and reread till sinks in..
 
 
  • Post #5,336
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  • Sep 11, 2009 4:43am Sep 11, 2009 4:43am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting mac1956
Disliked
The reason is???
Ignored
Fx great mentor, your silences are always meaningful
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,337
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  • Sep 11, 2009 4:45am Sep 11, 2009 4:45am
  •  mac1956
  • | Joined Jul 2009 | Status: Member | 990 Posts
Quoting fxachilies
Disliked
aha.. somebody has not done his homework.. bad boy.. lol
i let you find out the hardway.. since you dont read the thread or if you have to reread and reread till sinks in..
Ignored

I tell you Fx - I read it over and over again - and last night I went back overy everything you've written - I'll find it though. As I just said - sometimes when you're silent it forces me into deeper thought. You're a great teacher. Sometimes though, my deeper thought leads me into overcomplication (as in the fractal question!!!!)
$urvive, Pre$erve & RESPECT THE TEACHER
 
 
  • Post #5,338
  • Quote
  • Sep 11, 2009 4:51am Sep 11, 2009 4:51am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
ok.. checke it out guys..
i did not take that bearish countinuation signal.. but i take this long signal out of this litte fcr.. why?
simple commonsense.. the most i'll lose is 13 pips (RR in my favor).. it pays off great if its a real reversal... if not big deal..

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  • Post #5,339
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  • Sep 11, 2009 5:16am Sep 11, 2009 5:16am
  •  jplo
  • | Joined Mar 2009 | Status: Member | 730 Posts
I don't know if this is a good entry explanation matching with the "System II", but......
as soon as I saw that triple bottom, after that short move, I assumed PA was indicating it cannot go down anymore, by now, so I entered long as far as R/R was only 6 pips...
Now, would be great if price could bridge through the las fractal @ 4598...
I may be prefectly wrong here, but let's see what happens...
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  • Post #5,340
  • Quote
  • Sep 11, 2009 5:25am Sep 11, 2009 5:25am
  •  fxachilies
  • | Membership Revoked | Joined Feb 2009 | 2,903 Posts
Quoting jplo
Disliked
I don't know if this is a good entry explanation matching with the "System II", but......
as soon as I saw that triple bottom, after that short move, I assumed PA was indicating it cannot go down anymore, by now, so I entered long as far as R/R was only 6 pips...
Now, would be great if price could bridge through the las fractal @ 4598...
I may be prefectly wrong here, but let's see what happens...
Ignored
yes its a good observation but you got no structure there.. until price does not break the 4598 there is no solid confirmation of L/L to not be broken.. its a good way to get cut in the fire JP..
I know your losing only 6pips.. but you rather lose 20pips smartly and lose 1 pip stupidly..
lets stick to the double bottom and fcr... just imagine if it would have countiued and where would you be now?
 
 
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