The System II (Yes with irony) | Page 107 | Forex Factory

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

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The System II (Yes with irony)

  • #2,121
  • May 19, 2009 2:38am May 19, 2009 2:38am
I think some people can't be here now bcz "forexfactory" doesn't download at Mozilla FireFox... Personally I am here with IE... Not best browser, but I can't see "forexfactory" in FireFox today...
  • #2,122
  • May 19, 2009 3:13am May 19, 2009 3:13am
Quoting dim4ik42
I think some people can't be here now bcz "forexfactory" doesn't download at Mozilla FireFox... Personally I am here with IE... Not best browser, but I can't see "forexfactory" in FireFox today...
Thanks for letting us know....
Peace
  • #2,123
  • May 19, 2009 3:22am May 19, 2009 3:22am
Quoting feb2865
Thanks for letting us know....
Hello,

I have been using Mozilla for the last few months with no problems.. Yesterday, ForexFactory had problems of their own not Mozilla... Anyway, that is my experience

Good luck to all
Unus pro omnibus, omnes pro uno
  • #2,124
  • May 19, 2009 3:30am May 19, 2009 3:30am
Feb,

Would you consider a breakout of this continuation either way or wait for another swing + pullback to form before considering entering this scenario?

Thanks
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Unus pro omnibus, omnes pro uno
  • #2,125
  • May 19, 2009 3:51am May 19, 2009 3:51am
Quoting moneda
Feb,

Would you consider a breakout of this continuation either way or wait for another swing + pullback to form before considering entering this scenario?

Thanks

mmmm well, nothing to do with the system II - I'll go OCO...
Peace
  • #2,126
  • May 19, 2009 4:51am May 19, 2009 4:51am
It was very nice set-up today on AUD/USD which I'm raiding for last few hours.
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  • #2,127
  • May 19, 2009 5:09am May 19, 2009 5:09am
I am having all kind of problems posting..
  • #2,128
  • May 19, 2009 6:10am May 19, 2009 6:10am
Im looking to enter at the white line, what do you think?
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  • #2,129
  • May 19, 2009 6:22am May 19, 2009 6:22am
Quoting Ogna
Im looking to enter at the white line, what do you think?
tell us the reasoning behind taking that trade.

why do you think it's worth it??
Peace
  • #2,130
  • Edited 6:39am May 19, 2009 6:25am | Edited 6:39am
Hi feb,
Do you check out losers trade? I just post a question there for you.

Thank you.
  • #2,131
  • May 19, 2009 6:46am May 19, 2009 6:46am
fxachilles

I am so sorry......I'll go take a look
Peace
  • #2,132
  • May 19, 2009 7:13am May 19, 2009 7:13am
Quoting feb2865
tell us the reasoning behind taking that trade.

why do you think it's worth it??
well it ended up failing but i thought there was a retracement.. i dont know lol
lower lows are forming so i will still look to sell it
  • #2,133
  • May 19, 2009 8:47am May 19, 2009 8:47am
Dear Feb!!!

I have a question about - RUNNER...

Can you give me interpretation of this thing... Or just tell me if I am right that I personally understand - Runner is a strong move that is bigger than move from start swing to breakout point.... Or Runner it is when after breakout point we see not just a 20-40 pips move, but start of new local trend... ???

Which one is right???
  • #2,134
  • May 19, 2009 9:19am May 19, 2009 9:19am
Quoting dim4ik42
Dear Feb!!!

I have a question about - RUNNER...

Can you give me interpretation of this thing... Or just tell me if I am right that I personally understand - Runner is a strong move that is bigger than move from start swing to breakout point.... Or Runner it is when after breakout point we see not just a 20-40 pips move, but start of new local trend... ???

Which one is right???
A runner is just a big move that you just happen to be in the right spot when it started. In order to catch a runner you need to test n' see if that reversal could materialize into a runner.
Peace
  • #2,135
  • Edited 12:59am May 20, 2009 12:36am | Edited 12:59am
Hello, Feb
As I practice this methode a lot,
I found, not every trade worth to take.
Useless to sacrifice so many loosing pips compare to what I earned in one day. (may be my cut loss technic still bad, I don't know, but that what I realized so far)

The good trade is only when a lot of trader trapped, in the reverse position, such as when the price moved up 5 pips, and the next couple bar is breaking fractal low. And I trade short
There is more condition, where many trader can trapped too.

Why we don't just watch and take this situation ,
and being a predator ?
(ur word in irony 1)
Also, in this situation the risk is very low I think.

Mulyadi
(wuiss, sorry for alien english )
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  • #2,136
  • May 20, 2009 7:05am May 20, 2009 7:05am
It pays to stick around for runners!!

http://www.forexfactory.com/images/attach/gif.gif
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  • #2,137
  • May 20, 2009 7:17am May 20, 2009 7:17am
Quoting fxachilies
It pays to stick around for runners!!

http://www.forexfactory.com/images/attach/gif.gif
great job man I didnt catch it lol
  • #2,138
  • May 20, 2009 7:21am May 20, 2009 7:21am
Quoting Musanto
Hello, Feb
As I practice this methode a lot,
I found, not every trade worth to take.
Useless to sacrifice so many loosing pips compare to what I earned in one day. (may be my cut loss technic still bad, I don't know, but that what I realized so far)

The good trade is only when a lot of trader trapped, in the reverse position, such as when the price moved up 5 pips, and the next couple bar is breaking fractal low. And I trade short
There is more condition, where many trader can trapped too.

Why we don't just watch and take this situation ,
and...
You're stuck in one side of the market.

If you get stopped, simply look at the other side and keep playing the game as long as money management permits.

Don't "filter" the trades. You have a setup, just go a take it, no second-guessing.


You can't win everyday. Actually today 5/20/2009, I am losing big time....

Actually, I had on my back 2 losing days in a row.....should I cry??? should I put some Ma's or stocs to see if I can stop losing. No baby,,


Trading everyday is part of the process of accumulating wealth...equity wise.

Ok, if you have a limit capital profit for the day, and you reach it, then stop trading. Same as losers. If you're in the middle, my humble advice is to keep trading 'til any of your limits are reached.

Hope it helps, buddy!
Peace
  • #2,139
  • May 20, 2009 2:07pm May 20, 2009 2:07pm
Quoting fxachilies
It pays to stick around for runners!!

http://www.forexfactory.com/images/attach/gif.gif
Fxachilies,

That was a RoadRunner ...beep...beep ( from the cartoon Roadrunner vs. The Coyote).

Very nice
Unus pro omnibus, omnes pro uno
  • #2,140
  • May 21, 2009 12:35am May 21, 2009 12:35am
... fresh set up of London session...
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