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The System II (Yes with irony)

  • #15,741
  • Apr 21, 2011 6:31am Apr 21, 2011 6:31am
Quoting FXArtist
Hi Mr.dim4ik42

Could you be kind enough to go into more details about feb or this systems "GO WITH THE FLOW!" thing... fill me in, I am a bit confused.


Thank you.

Hello, Mr. FXArtist!

Well... I will try to explaine how I understand it, but - remember - english is not my native language

So - "GO WITH THE FLOW!" - are the words of our great teacher feb2865.
The thing is - I think there is not so hard and fast rule about interpretation of these words. Personally i think that it is about looking at the price and not looking at anything else. The market is all about price. Market does not know anything about moving averagec, stochastic, RSI etc. Market is knowing only price. Like a world-dig auction. You can't to put the market in the hard-square-form. You have to understand market as living object. Of course - a lot of things will repeat every time when they will happen, but every time a little different. And - you know what - watching the real price moving is A MUST in case you want to trade market.

For me forex-trading did start to be profitable at moment when I did get that - 1) I have to look for consistency, and 2) market is a world-big auction, and noone can predict where the price will go next minute, but we have to operate with some often-happening elements, which will be our guides.

I hope - it helps. Feel free to ask me if you have to.

Good luck!
  • #15,742
  • Apr 21, 2011 2:08pm Apr 21, 2011 2:08pm
Quoting dim4ik42
Hello, Mr. FXArtist!

Well... I will try to explaine how I understand it, but - remember - english is not my native language

So - "GO WITH THE FLOW!" - are the words of our great teacher feb2865.
The thing is - I think there is not so hard and fast rule about interpretation of these words. Personally i think that it is about looking at the price and not looking at anything else. The market is all about price. Market does not know anything about moving averagec, stochastic, RSI etc. Market is knowing only price. Like a world-dig auction....
Hi Mr.dim4ik42

Thanks for your reply I apperciated.

sorry to be a pain but I still do not understand that phrase.. "GOING WITH THE FLOW"!!... dose it mean follow the price wherever it goes? and if thats the case.. on what basis?.. like everytime I see a 30-40 pips swing, it qualifies as a "FLOW".. that one should consider to take a direction on!!.. and again if thats the case and I am on course here.. what to do if there is a range market at hand? which there is a possibility of getting chopped around when there is no solid direction.

since you offered to help, I allowed myself to ask for more help .. thanks in advance..
also, glad to hear that you are a profitable forex trader based on febs system and teaching style.. maybe someday i can achieve the same.
by the way do you recommend for me to read beyond the 1st 50 pages or is it just bunch of noneless that I don't need and rather stick with the original?.. because the way it sounds your success has come from the orginal stuff and not the rest.


Thank you.
  • #15,743
  • Apr 26, 2011 5:39am Apr 26, 2011 5:39am
Some trade examples of mine for last two days...
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  • #15,744
  • Apr 26, 2011 5:40pm Apr 26, 2011 5:40pm
Quoting FXArtist
Hi Mr.dim4ik42

Thanks for your reply I apperciated.

sorry to be a pain but I still do not understand that phrase.. "GOING WITH THE FLOW"!!... dose it mean follow the price wherever it goes? and if thats the case.. on what basis?.. like everytime I see a 30-40 pips swing, it qualifies as a "FLOW".. that one should consider to take a direction on!!.. and again if thats the case and I am on course here.. what to do if there is a range market at hand? which there is a possibility of getting chopped around when there is no solid direction....
Well, my friend.

I will answer your questions, but at this moment I will be a little on hold with my answers... Some things you just need to get from your own experience. Do you trading... get the idea. Let the market come to you. Be the predator. If you see that the market is going up, or down with momentum - where do you have to have your orders in place now? Get it? - This is one piece of the whole idea of "go with the flow"-thing.

Another one idea - if you see centrifufal market's move up or down - based on what you see - where is it more smarter to wait for the market as a pray? Ah?

Ok.... I think rnough for this moment...

Good luck!
  • #15,745
  • Apr 27, 2011 9:26am Apr 27, 2011 9:26am
Quoting dim4ik42
Well, my friend.

I will answer your questions, but at this moment I will be a little on hold with my answers... Some things you just need to get from your own experience. Do you trading... get the idea. Let the market come to you. Be the predator. If you see that the market is going up, or down with momentum - where do you have to have your orders in place now? Get it? - This is one piece of the whole idea of "go with the flow"-thing.

Another one idea - if you see centrifufal market's move up or down - based on what you see - where is it more...
Hi Mr.dim4ik42,

Thanks for the reply, pretty much what I expacted. I centainly don't want to put you in more trouble for further help.. I don't mind if you save the rest.

Thank you.

...............


ps)..
with no offence to anyone..
If anyone is intersted to get a real insight about "going with the flow" phrase, and what to do best when things go the wrong way while chasing "going with the flow" thing.. I be more than happy to help.

I may put up some charts and if there are enough interests I do some live ones too.
  • #15,746
  • Apr 27, 2011 10:20am Apr 27, 2011 10:20am
Quoting FXArtist
...
I may put up some charts and if there are enough interests I do some live ones too.
I am interested. I just found about this thread and your last chart helped me very much. Do you just trade EURUSD? I will be waiting for your next posts. Thanks.

Jack
  • #15,747
  • Apr 27, 2011 10:49am Apr 27, 2011 10:49am
...............
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  • #15,748
  • Apr 27, 2011 11:41pm Apr 27, 2011 11:41pm
Quoting FXArtist
Hi Mr.dim4ik42,

Thanks for the reply, pretty much what I expacted. I centainly don't want to put you in more trouble for further help.. I don't mind if you save the rest.

Thank you.

...............


ps)..
with no offence to anyone..
If anyone is intersted to get a real insight about "going with the flow" phrase, and what to do best when things go the wrong way while chasing "going with the flow" thing.. I be more than happy to help.

I may put up some charts and if there are enough interests I do some live ones too.

lol... welcome back, Fxahilies!

You did change your nick, but you did not change your style....

How it goes man? Something new in business?

Do you still trade price-ranges and are thinking - this is true price flow??? lol... Let's see...
  • #15,749
  • Apr 27, 2011 11:59pm Apr 27, 2011 11:59pm
Quoting FXArtist
...............
I would think for myself - is it time to play breakouts, or is it itme to play bounces right now. After this I would chose my tactic (based on the time of the trading day) and would set my orders accordingly. So - no fakes for me... lol...

You see - it is easy. Just - go with the flow

If you did not get it still - well - we could help you of course. There is no need to post your pictures with questions on them. You either just tell us what you want to tell, or just do not tease us with your questions.

And at the end - in trading there is no RIGHTS or WRONGS. There are only things which are making you money or not. You could tell us here a whole big story about something big and interesting. But - that would not make us sure that we could make money with it.

Going with the flow - is art. No one could tell you about this exactly things.
You monitor the market, you notice certain things happens, you trade then based on your knowledges. That's it. Get it?



Markets are nothing more that a battleground of supply and demand and one goes in top of the other you just go a play the winner.
  • #15,750
  • Apr 28, 2011 3:15am Apr 28, 2011 3:15am
Quoting dim4ik42
I would think for myself - is it time to play breakouts, or is it itme to play bounces right now. After this I would chose my tactic (based on the time of the trading day) and would set my orders accordingly. So - no fakes for me... lol...

You see - it is easy. Just - go with the flow

If you did not get it still - well - we could help you of course. There is no need to post your pictures with questions on them. You either just tell us what you want to tell, or just do not tease us with your questions.

And at the end - in trading there is...
Mr. dim4ik42

Am I supposed to respond back to this nonesense.. anyhow, thanks for the false assumtion sir.. thats all I have to say about that part.


I as a newcomer to this thread.. simply put out a question to you as being a veteran of this thread.. and your answer was replied back with bunch of questions.. not a problem, but if I was just supposed to "get it" as you keep mentioning it.. then why would I ask for help!.. its as simple as that.
If you copy and paste someone elses words.. than you must firstly have a clear understanding of it, so you can explain when a simple question is posed to be able to answer it in the frame of THIS thread.
This is a simple 123 setup thread.. which translates to breakouts and price changes.. so when you talk about "flow", your must be talking about the flow "within" THIS thread.. I don't think the founder of this thread ever based this on the s/r or bounce or in such sorts of directions.. but rather based it on PRICE.. and sure, price changes, the breakouts and the use of tight trails.. I don't know maybe I got it wrong.. but I like what I have absorbed so far and will put it to work based on frame work of this thread so I can stay focus and avoid being all over the place trying to find the "flow" thing, of millions of ways only to fall into over analysis and predictions, rather than sticking to SIMPLECITY and make it work maybe.
"Going with the flow - is art."... who said so? you? the fx-whatever guy that you mentioned? etc.. well here it is my take on that.. "ART" would not make you money in this business.. or at least it will not give you CONSISTENCY.. but thats just me.

However your opinions and thoughts are invitable to inligthen us.. and perhaps show us, quote: ("There are only things which are making you money or not").. it just would be more helpful if its presented with sound and clear discriptions.. maybe go live on some of them!!..

Meantime I would try to get engaged more to search for myself and fill the flaws as I see it fit best based on what I have absorbed of this thread so far.. and if people can find it useful while I go through the learning curves, its a great thing.



Best of luck to all.
  • #15,751
  • Apr 28, 2011 3:26am Apr 28, 2011 3:26am
Quoting FXArtist
Some trade examples of mine for last two days...
Hey I´m sorry that I post this chart from yours not earlier but I was wondering why you took this short trade I have marked.
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  • #15,752
  • Apr 28, 2011 3:42am Apr 28, 2011 3:42am
Hi guys. I'm a newbie but I've done a helluva a lot of reading of the last 8 months.... got the bug! This method is interesting but from what I've read don't you guys get killed when the market is choppy/consolidating? Just seems like it would be very difficult to make money consistently with this method.
  • #15,753
  • Apr 28, 2011 4:19am Apr 28, 2011 4:19am
what I´ve found out so far its best to avoid a choppy market. I´m not good enough to trade this method successfully in a choppy market so I just try not to trade at all.

I´m sure there are some traders out there who are trading successfully in a choppy market or at least be around breakeven.
  • #15,754
  • Apr 28, 2011 4:31am Apr 28, 2011 4:31am
Yes but by the time you realise you've entered into a choppy market you would have taken numerous losses... from my (limited) understanding!
  • #15,755
  • Apr 28, 2011 5:20am Apr 28, 2011 5:20am
Quoting hits
Yes but by the time you realise you've entered into a choppy market you would have taken numerous losses... from my (limited) understanding!
thats correct. this is definitely a weakness of this trading method.
  • #15,756
  • Apr 28, 2011 5:24am Apr 28, 2011 5:24am
Quoting gottilt2
Hey I´m sorry that I post this chart from yours not earlier but I was wondering why you took this short trade I have marked.
Attachment

Hi gottilt2,

This is a long trade and I marked the arrow wrong.. my mistake, sorry for confusion.


gottilt2 and hits,

To elaborate on your concerns about consulidation/chopp market.. the answer to your question is.. YES.. one can get killed severly..
so, thats why I posted a chart yesterday and asked a question to see what can be done when we are faced with such market.

The way I see it.. if we avoid trading the chopp.. firstly, we have to figure out a way to recongnaize the chopp at its early stages when its not quiet revealed yet in the first place... and secondly.. once it is reco'd as it has reveald itself.. what to do now?.. avoid trading it!! ok.. then, what happens when we miss the runs that comes out of it... when is a good time to get back on the horse?

So, considering the points above... can we figure out a way, to pick and choose our time!.. afford to be selective!.. can we only pick out the winners and less of the losers!!.. in simple words.. is there way to cherry pick maybe.

Your thoughts.. recomendations.. comments... overall brainstorm are welcomed.. so maybe we can dig in to something worthy.

This style of trading is a good foundation and its a worthy of a try to make it work for better consistency.. thats my overall view on it.


Thank you.
  • #15,757
  • Apr 28, 2011 5:34am Apr 28, 2011 5:34am
right now we got a somewhat choppy market. the way I see it that we should place our orders below the support @4827. I got in earlier on this small 123 short entry. I think thats an alright entry and if the market breaks the support range I´m in a very good position and if not I got a small loss.

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A good long order would be @4865.
  • #15,758
  • Edited 4:17pm Apr 28, 2011 3:07pm | Edited 4:17pm
Hello treaders!

To help you in your concerns about choppy market etc....

JUST LOOK AT THE FIRST POST OF THIS THREAD!!!!!!!!!!

For God's sake - read the first posts carefully!

What is your start for trading this method? Ah? - INITIAL IMPULSE WAVE!!!

Got it?

Yes, of course - you could get the choppy, rajge market right after the swing... or false breakout. But.... But - at least you enter in a trade at the flow of money. You enter after you see some action of the market....

I get my money consistently using this method. Of course - i look not for just 1-2-3... I look for momentum... For centrifugal move of market. After this - I enter and keep my trade as long as the market keeps going in my favor. ... Not rocket science... Just moving of money...
Range market is just lack of interest for this currency at that moment. No more no less....


Read at least first 80 pages of this thread. You have not to read more. At least for education... but not for getting money.

Good luck!
  • #15,759
  • Apr 29, 2011 2:04am Apr 29, 2011 2:04am
This is what I see this morning. Waiting for price to 'flow'.....
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  • #15,760
  • Apr 29, 2011 3:18am Apr 29, 2011 3:18am
Trades from yesterday.. mostly looking for clear swings..
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