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The System II (Yes with irony)

  • #1,581
  • Apr 29, 2009 4:14am Apr 29, 2009 4:14am
Quoting dim4ik42
Fxahilies!!!

Thanks! Even this post (these words) givs me the right direction for thought.
I understand - this is your style, but it helps me to look at market more accurate.

I apperciate you bringing this post up.
The key two word is "Most situation". thats why there is no clear cut rules so i cant tell you based on x y z do this or do that, that it will work all the time consistently. somtimes I use the last candel as exit point and other times I use etc... I make my decision based on my feel for the market on that moment. How you get to this point that you can distinguish situations, comes down to experince and practise then you can figure out for yourself as you get better.
sounds hard? it sure does. sounds agonazing? it sure does.
  • #1,582
  • Apr 29, 2009 4:23am Apr 29, 2009 4:23am
Quoting hakga
Morning all,

Very choppy out there this morning, not seeing very much.
There seems to be a lot of questions regarding trade management, here's a post from Feb that helped me:

http://www.forexfactory.com/showpost.php?p=1970795&postcount=538

Hope it helps.

Yes post 538 is the bible for Expectancy that we talk about it all the time. I have said this numerse times that this post should be read manytimes until it is absurbed clearly.
  • #1,583
  • Apr 29, 2009 4:39am Apr 29, 2009 4:39am
Hi guys,

Is this consider a valid setup ? It seems that EU is doing PB. Go long if it break the high ? Advice pls.

Thank you.
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May the pips be with me !!!
  • #1,584
  • Apr 29, 2009 4:49am Apr 29, 2009 4:49am
Quoting fxachilies
I apperciate you bringing this post up.
The key two word is "Most situation"....

Thanks for answer!!!

By the way... Your previous answer did help me to not stop my trade on G/U with -3 pips, but with + 22!!! Great!

I understand, that there are no clear cut rules, but like a music teacher, I have to say my opinion (based on my music-teacher's opinion). I hope my words will help you in future, when you'll be THE BIG TEACHER of forex (by the way you're now so)...

So... When the student comes to me, I am THE TEACHER, it is a student.
I have a lot of experience, it doesn't. Аlthough it has knowledge of musical instrument, (like I know programm Metatrader), it still can't play MUSIC.
It can only click on buttons of piano, but it is not a music yet. (Like me, I know the RULES that Feb has given us).

There are no clear cut rules in music, but first of all the student has to copy my behavior, my style of playing. (Like I want to just copy your trading style now).

And only when student will get understanding of my style, then I'll let him to play with his own feeling of music.

So is teaching of music.

Excuse me, that I let me to start copy your style of trading. I do this just bcz I'm really a student now, and before I'll get a hang of trading and my own experience, I'll ask you a lot, and sometimes I'll "looking for clear cut answers" notbcz I'm stupid, ( :-) ), but this way it is better to understand trading for me.

So... study starts like just copy of the teacher... During process of copy student is getting his own experience!!!


Fxahilies! You're my Teacher. Let me sometimes to copy you... :-)
It helps me well...
  • #1,585
  • Apr 29, 2009 5:14am Apr 29, 2009 5:14am
Quoting dim4ik42
Thanks for answer!!!

By the way... Your previous answer did help me to not stop my trade on G/U with -3 pips, but with + 22!!! Great!

I understand, that there are no clear cut rules, but like a music teacher, I have to say my opinion (based on my music-teacher's opinion). I hope my words will help you in future, when you'll be THE BIG TEACHER of forex (by the way you're now so)...

So... When the student comes to me, I am THE TEACHER, it is a student.
I have a lot of experience, it doesn't. Аlthough it has knowledge of musical instrument,...

Thanks for your kind words, I am no teacher or anything, I am just tring to help out and keep this thread alive bcz it is a good thing, its the most pure thing out there, no bullshit involve, thats what it has drawn me to this thread.

If you wanna copy anyone copy feb, read his post manytimes until is graved in your brain. eventually you have to be yourself and you have to depend on your own, thats what this thread gives you so you dont depend on crutches.
we all are students, the day we stop being student and stop peruseing knowledge is the day we will start to fail, in my oppinion anyway.

I apperciate all you questions, conserns and mostly your participation, and i do my best to answer them, it only makes us better, its good for the thread.
dont worship anyting anyone says dont worship anything you put on the chart, just know your risk, risk comfortabley, practise expactancy and you'll be fine.
  • #1,586
  • Apr 29, 2009 5:24am Apr 29, 2009 5:24am
Quoting ahlude
Hi guys,

Is this consider a valid setup ? It seems that EU is doing PB. Go long if it break the high ? Advice pls.

Thank you.

sorry budd for not getting back to you on time, it was a good set up and I hope you bank money on that, I missed that one due to posts reply but i banked some on the first breakout.
now looking the other way as a little someting something is maybe cooking... lol

lets make some money boys/girls as the market is moving now... I am pumped...
by the way are there any girls active in our thread... lets see show of hands...
  • #1,587
  • Apr 29, 2009 5:24am Apr 29, 2009 5:24am
My fellow traders,

I am witnessing in this thread something that happens again and again in this forum.... and that is the tendency to try to learn how to trade a system through the eyes of others. We all go through this in some form or another but I can guarantee you that the road to success lies in your determination to "think for yourself". Feb has provided us with a blueprint ...that is all! There is no one here that can predict the market nor make you into a succesful trader. One needs to accept that the road to your own personal success in this field is full of ups and downs. The key as Feb has mentioned many times with this particular approach is to minimize your losses and catch a move at its earliest point and ride it until the market takes you out. You may find that in the process of learning this method (that is if you are thinking for yourself) that this particular approach does not fit your temperament nor your lifestyle.... that is OK... keep searching, use tight money management and eventually this animal that we call Forex will make more sense to your own personal situation. What I am telling you has been said in this forum many times and it has only been recently that is penetrating my thick head!

Good luck to all of you.
Unus pro omnibus, omnes pro uno
  • #1,588
  • Apr 29, 2009 5:33am Apr 29, 2009 5:33am
Quoting moneda
My fellow traders,

I am witnessing in this thread something that happens again and again in this forum.... and that is the tendency to try to learn how to trade a system through the eyes of others. We all go through this in some form or another but I can guarantee you that the road to success lies in your determination to "think for yourself". Feb has provided us with a blueprint ...that is all!...

Hi moneda and fxachilies,

Rightly said.....there is no teacher here to follow...just take instructions from other fellow traders...study..understand...then put your own judgment...then implement....

If there is teacher..that must be Feb...but even he said....don't blindly just follow....

-GooDtradinG-
-happyTrading-myFx.
  • #1,589
  • Apr 29, 2009 5:40am Apr 29, 2009 5:40am
Quoting moneda
My fellow traders,

I am witnessing in this thread something that happens again and again in this forum.... and that is the tendency to try to learn how to trade a system through the eyes of others. We all go through this in some form or another but I can guarantee you that the road to success lies in your determination to "think for yourself". Feb has provided us with a blueprint ...that is all! There is no one here that can predict the market nor make you into a succesful trader. One needs to accept that the road to your own personal success...

Well put moneda.
Guys you just got a solid post from one of the old timer of this thread.
Thanks for your help
  • #1,590
  • Apr 29, 2009 6:51am Apr 29, 2009 6:51am
Hi All:

Another profitable trade using this method.
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  • #1,591
  • Apr 29, 2009 6:09pm Apr 29, 2009 6:09pm
wow! this thread is growing!

Thank a lot Fxachilles for keeping this thread alive! To all of you, thanks from the bottom of my heart. Unfortunately, I have health issues, as you might know.

I'll be checking this thread from time to time. Thanks for all the good wishes!! I would not expect so many people caring about me!...really put a cozy blanket on my heart.

Good Karma to all of you!
Peace
  • #1,592
  • Apr 29, 2009 6:28pm Apr 29, 2009 6:28pm
Quoting feb2865
wow! this thread is growing!

Thank a lot Fxachilles for keeping this thread alive! To all of you, thanks from the bottom of my heart. Unfortunately, I have health issues, as you might know.

I'll be checking this thread from time to time. Thanks for all the good wishes!! I would not expect so many people caring about me!...really put a cozy blanket on my heart.

Good Karma to all of you!
Hi Feb,

Hope you are well and feeling better.

Best wishes.
  • #1,593
  • Apr 30, 2009 12:16am Apr 30, 2009 12:16am
Quoting feb2865
wow! this thread is growing!

Thank a lot Fxachilles for keeping this thread alive! To all of you, thanks from the bottom of my heart. Unfortunately, I have health issues, as you might know.

I'll be checking this thread from time to time. Thanks for all the good wishes!! I would not expect so many people caring about me!...really put a cozy blanket on my heart.

Good Karma to all of you!

Hi Feb,


It is indeed good to know that your health condition is getting better. Our prayers always with you....

-myFx-
-happyTrading-myFx.
  • #1,594
  • Apr 30, 2009 1:23am Apr 30, 2009 1:23am
Quoting feb2865
wow! this thread is growing!

Thank a lot Fxachilles for keeping this thread alive! To all of you, thanks from the bottom of my heart. Unfortunately, I have health issues, as you might know.

I'll be checking this thread from time to time. Thanks for all the good wishes!! I would not expect so many people caring about me!...really put a cozy blanket on my heart.

Good Karma to all of you!

Hi Feb, it is such a blessing to hear from you. I am so happy to see you recovering from your health issues.
No thanks necessary, we all thank you and are so greatfull of you for planting the seeds that so many people can benefit from.
My prayers are always with you.
I wish you the best in your recovery.
  • #1,595
  • Apr 30, 2009 1:41am Apr 30, 2009 1:41am
Looking at up and down market during asian session, its best to wait for london session before jumping into any action, lets see what the brits got in store for us.
I be very much active to day as i am not busy with outside stuff for now.

pipfull day for everyone.
  • #1,596
  • Apr 30, 2009 3:03am Apr 30, 2009 3:03am
I just exited this trade for 25pips profit, I hope you guys took advantage of the first breakout of the new session too.

http://www.forexfactory.com/images/attach/gif.gif
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  • #1,597
  • Apr 30, 2009 3:24am Apr 30, 2009 3:24am
on E/U looking the other way for a possible setup, PB in the making
  • #1,598
  • Apr 30, 2009 3:30am Apr 30, 2009 3:30am
qualified setup, lets see what happens

http://www.forexfactory.com/images/attach/gif.gif
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  • #1,599
  • Apr 30, 2009 3:40am Apr 30, 2009 3:40am
I did take this set up on G/U... + 10 pips was my stop manually on "Target 1"... Bcz my feelings of trade was telling to do that... I don't know did I right or not... Just feelings...
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  • #1,600
  • Apr 30, 2009 3:43am Apr 30, 2009 3:43am
Quoting feb2865
wow! this thread is growing!

Thank a lot Fxachilles for keeping this thread alive! To all of you, thanks from the bottom of my heart. Unfortunately, I have health issues, as you might know.

I'll be checking this thread from time to time. Thanks for all the good wishes!! I would not expect so many people caring about me!...really put a cozy blanket on my heart.

Good Karma to all of you!
Welcome back Feb!
Wish you all the best for your health
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