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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)

  • #2,661
  • Jul 9, 2009 9:03am Jul 9, 2009 9:03am
Quoting DareXau
... don't be scare to short it, if that's market intention, so be it ... keep shooting ... up or down it doesn't matter ... the pips are on both sides
DareXau,
would you mind posting the news indicator and market session indicator?
Thanks a lot.
Now, I am waiting for breaking short.
  • #2,662
  • Jul 9, 2009 9:41am Jul 9, 2009 9:41am
... this re-entry is something I did before and got good mark from Feb
it's based on previous entry level, than 'cos my S/L was moved to B/E my trade close automatically,
but I wasn't happy about it, trade should be active, it was the last NEWS causing nervousness and noise, so re-entry ...
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  • #2,663
  • Edited 9:56am Jul 9, 2009 9:46am | Edited 9:56am
Quoting jplo
On the same boat
I've scaled out half of my position and trail stop to breakeven just in case this support reject price....
Yes, it's funny area, the price third time in a row is bouncing from it..
... half of the round number ??? ... ha, ha ... fourth time!
  • #2,664
  • Edited 11:00am Jul 9, 2009 10:22am | Edited 11:00am
fosgate_r,

The indicators are already in this thread, just go down few pages from this, I'm sure you will find them.
  • #2,665
  • Jul 9, 2009 10:35am Jul 9, 2009 10:35am
Quoting DareXau
Yes, it's funny area, the price third time in a row is bouncing from it..
... half of the round number ??? ... ha, ha ... fourth time!
It was a big bounce on this area this time taking price to the 1.4000 level.....
Out at BE of course in the second portion of the trade...

It is a silly question, but what exactly time does New York open?

Talking about CET (GMT+1) I've heard it opens at 14:00, but the Dow, SP500 and Nasdaq open at 15:30....

What time does New York Forex Market really open?

Thanks...
  • #2,666
  • Jul 9, 2009 10:52am Jul 9, 2009 10:52am
... looks like the runner
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  • #2,667
  • Jul 9, 2009 10:58am Jul 9, 2009 10:58am
Quoting jplo
It was a big bounce on this area this time taking price to the 1.4000 level.....
Out at BE of course in the second portion of the trade...
It is a silly question, but what exactly time does New York open?
Talking about CET (GMT+1) I've heard it opens at 14:00, but the Dow, SP500 and Nasdaq open at 15:30....
What time does New York Forex Market really open?
Thanks...
jplo
... check this link, it gives all the times of all major markets ...
http://www.2009.worldmarkethours.com/Forex/index.htm
  • #2,668
  • Jul 9, 2009 11:04am Jul 9, 2009 11:04am
Quoting DareXau
jplo
... check this link, it gives all the times of all major markets ...
http://www.2009.worldmarkethours.com/Forex/index.htm
thank you
  • #2,669
  • Jul 9, 2009 11:18am Jul 9, 2009 11:18am
... maybe it's stupidity, but I've got a feeling that price will continue going up ...
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  • #2,670
  • Jul 9, 2009 11:40am Jul 9, 2009 11:40am
... for me that's enough, have to leave some pips for tommorow ...
... see you guys
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  • #2,671
  • Jul 9, 2009 11:54am Jul 9, 2009 11:54am
Quoting DareXau
fosgate_r,

The indicators are already in this thread, just go down few pages from this, I'm sure you will find them.
Thanks DareXau,
let me go back to earlier pages
I'm still trailing my profit now. I hope it still going.
I was a little late to close the trade like yours
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  • #2,672
  • Jul 9, 2009 12:49pm Jul 9, 2009 12:49pm
Oh well ... market is truly ranging now.
I hope it will break up again
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  • #2,673
  • Jul 9, 2009 2:25pm Jul 9, 2009 2:25pm
Hum ... price is just go around there
Well ... I'll just leave it overnight.
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  • #2,674
  • Jul 9, 2009 8:53pm Jul 9, 2009 8:53pm
If we have a market shown at the chart where price trend down slowly (took many bars), then retrace, should we take this set up or avoid it and wait for faster movement?
Thanks
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  • #2,675
  • Jul 9, 2009 9:39pm Jul 9, 2009 9:39pm
Still doing good now. I am up +11 pips now.
  • #2,676
  • Jul 10, 2009 1:08am Jul 10, 2009 1:08am
Finally I got out with + 20 pips
Nice trade.
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  • #2,677
  • Jul 10, 2009 1:32am Jul 10, 2009 1:32am
Quoting fosgate_r
If we have a market shown at the chart where price trend down slowly (took many bars), then retrace, should we take this set up or avoid it and wait for faster movement?
Thanks
fosgate_r
... it very depends on time of the market, during the sessions of Sydney or Tokyo there isn't much movement of EUR/USD it usually starts before London opens.
If, you starting your trading early it may pay to have a look on AUD/JPY and try some luck over there.
This "system" works fine on any market, ... CFD's are giving a plenty of opportunities to ... just go ahead and try it.
  • #2,678
  • Jul 10, 2009 3:45am Jul 10, 2009 3:45am
G'day guys,
... let the games begin, ... maybe that sounds a little to "Olympic" ...
but forex is big to, ... ha, ha.
Euro managed to lose all yesterdays gains, so it's a lot of pips to work with again.
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  • #2,679
  • Jul 10, 2009 5:23am Jul 10, 2009 5:23am
Hi guyz...

Do you add to wining positions or always close a trade before the next one?...

I've added a new position and trail stop loss to BE on the first one.....
I did it only on my Demo account...

What is your experience about that?
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  • #2,680
  • Jul 10, 2009 5:39am Jul 10, 2009 5:39am
... hmm, somehow the market is nearly flat ...
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