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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)

  • #1,601
  • Apr 30, 2009 3:47am Apr 30, 2009 3:47am
By the way, Fxahilies!

I thank you for the help to me!!! Since yesterday I do less mistakes when the market is going for little time against me... I look at this candle, and not stop my trade only based on my fear. Since yasterday I have a plan WHEN and WHERE I'll stop my trade...

And, I'm very happy, that The Father of this thread and "system" is coming!!!

I wish you all BIG LUCK!!!
  • #1,602
  • Apr 30, 2009 3:50am Apr 30, 2009 3:50am
just exited e/u trade banked 5pips,
the reasoning behind it is simple I cant predict the feature!! I dont know if this going to be a PB or a reversal, anyhow I gave myslef a chanse to make some $$ now its turning on me I will bank some for now and wait for the next one. there is nothing scientific about it just simple mangment and expactancy.
  • #1,603
  • Apr 30, 2009 3:52am Apr 30, 2009 3:52am
Quoting dim4ik42
By the way, Fxahilies!

I thank you for the help to me!!! Since yesterday I do less mistakes when the market is going for little time against me... I look at this candle, and not stop my trade only based on my fear. Since yasterday I have a plan WHEN and WHERE I'll stop my trade...

And, I'm very happy, that The Father of this thread and "system" is coming!!!

I wish you all BIG LUCK!!!

Nice job, glad to hear you doing better and I wish you continues success.
  • #1,604
  • Apr 30, 2009 3:56am Apr 30, 2009 3:56am
g/u setup, looks good my orders are set

http://www.forexfactory.com/images/attach/gif.gif
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  • #1,605
  • Apr 30, 2009 4:09am Apr 30, 2009 4:09am
howmany of you guys rentered right there, if you did pad yourself on the back regardless of the result, just be proud of yourself its a sign of improvments.


http://www.forexfactory.com/images/attach/gif.gif
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  • #1,606
  • Apr 30, 2009 4:12am Apr 30, 2009 4:12am
I just did stop my E/U and G/U trades... +2 and +2 pips... I didn't want to turn winning positions into losers... It's my decision.
  • #1,607
  • Apr 30, 2009 4:15am Apr 30, 2009 4:15am
on my g/u trade my sl in at the point of entery, if price starts to crip back up or stall i will bank what i can otherwise i am getting a free ride at zero risk, great poistion to be in this market.
  • #1,608
  • Apr 30, 2009 4:17am Apr 30, 2009 4:17am
Quoting dim4ik42
I just did stop my E/U and G/U trades... +2 and +2 pips... I didn't want to turn winning positions into losers... It's my decision.
dim,
I can respect and apperciate that, its signs of improvment, nice job


guys we need more participation other than dim, alot of silent watchers.
  • #1,609
  • Apr 30, 2009 4:23am Apr 30, 2009 4:23am
I just exited both of my trades as i dont like the wicks. but i did not exited with penut, made 18 on e/u on my rentery trade and 15pips on g/u... not bad, well satisfied.

I showed u guys step by step on what i did, gaining pips at same time making sure covering my ass at the same time.
I hope it was a help to you,
any questions or comments, shoot!!!
  • #1,610
  • Apr 30, 2009 4:27am Apr 30, 2009 4:27am
Quoting fxachilies
dim,
I can respect and apperciate that, its signs of improvment, nice job

Fxahilies!!!
Thanks for your GOOD WORDS!

Support is very important for me!

As I can see now - this was a "mistake" to close my position then. But I didn't know the future.

I hope I start to understand THE TRADE EXPECTATION now... Yes. This is more than an art.

  • #1,611
  • Apr 30, 2009 4:31am Apr 30, 2009 4:31am
Hi,

I miss the earlier setup. I'm waiting to see if the pullback is valid before going for a short. Comments ?
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May the pips be with me !!!
  • #1,612
  • Apr 30, 2009 4:39am Apr 30, 2009 4:39am
Quoting ahlude
Hi,

I miss the earlier setup. I'm waiting to see if the pullback is valid before going for a short. Comments ?
I'm in the trade shorted 1.3297....anyone with me ?
May the pips be with me !!!
  • #1,613
  • Apr 30, 2009 4:42am Apr 30, 2009 4:42am
Quoting ahlude
I'm in the trade shorted 1.3297....anyone with me ?

good job man, I steped away from my desk for a little bit and missed this one, just keep in mind that in this direction this is the third breakout, so be alret for exit if it is turning on you.
  • #1,614
  • Apr 30, 2009 4:55am Apr 30, 2009 4:55am
Fxahilies!

I have another question.

I didn't take the first trade on E/U bcz for me there was CONSOLODATION there.

On picture I draw my thoughts. I did take trade after the market did broke consolidation and fractal...

Your opinion and criticism, please!
  • #1,615
  • Apr 30, 2009 4:56am Apr 30, 2009 4:56am
Price might be slow down now as we are approaching UK breakfast time
May the pips be with me !!!
  • #1,616
  • Apr 30, 2009 4:56am Apr 30, 2009 4:56am
Quoting dim4ik42
Fxahilies!

I have another question.

I didn't take the first trade on E/U bcz for me there was CONSOLODATION there.

On picture I draw my thoughts. I did take trade after the market did broke consolidation and fractal...

Your opinion and criticism, please!
Sorry. Picture
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  • #1,617
  • Apr 30, 2009 5:03am Apr 30, 2009 5:03am
Quoting dim4ik42
Sorry. Picture

You did good and took the safer routh and that is perfectly fine.
but the whole thing about fractal is to not mis the bus if the market is going in one direction like crazy without giving us a pullback so we can ride the bus.
as i mentioned in other posts for last couple of day, If you get a qualified swing and pullback before the fractal go ahead and take the trade, if you dont get a setup before the tractal go ahead and take the trade on the break of the fractal so you dont miss the bus.
  • #1,618
  • Apr 30, 2009 5:11am Apr 30, 2009 5:11am
G/U keep my eyes on the other way, looking for pullback
  • #1,619
  • Apr 30, 2009 5:52am Apr 30, 2009 5:52am
I just made +12 pips on G/U.

It was +20 for me yet, but it did start to reverse....

My Sl was already on +10 (when it was +20 I trail SL manually to +10)... But when it was +12 for me I did decide to exit with this result.

I did exit with this result bcz G/U was too volatility. Nobody knows where it decides to fly in the next moment...
  • #1,620
  • Edited 7:20am Apr 30, 2009 5:58am | Edited 7:20am
Just entered a short trade on E/$
Edit: Stopped out at BE+1.
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