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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)

  • #3,721
  • Aug 17, 2009 2:09am Aug 17, 2009 2:09am
I'm not an expert, but it looks like choppy monster is forming.
we'll see
Every moment in the market is unique.
  • #3,722
  • Aug 17, 2009 2:54am Aug 17, 2009 2:54am
well last trade good for a 35pip loss.. now I am short.. looks like another fakeout.. lets see what happens..

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  • #3,723
  • Aug 17, 2009 4:46am Aug 17, 2009 4:46am
Quoting pipzone
I'm not an expert, but it looks like choppy monster is forming.
we'll see
I was wrong
And I didn't short at the price 1.4120. I was scared of that fast move up before.
Every moment in the market is unique.
  • #3,724
  • Aug 17, 2009 6:19am Aug 17, 2009 6:19am
I just caught that nice ride down.
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  • #3,725
  • Edited 7:01am Aug 17, 2009 6:43am | Edited 7:01am
Quoting pipzone
I was wrong
And I didn't short at the price 1.4120. I was scared of that fast move up before.

pipzone,
every setup/break is unique for itself and its got its own potential.. paying attention to the most recent price action and the now mentality would wipe out all other predictions and expectaions and will finally get you in the right direction of the price..
I had 3 other trades up to this short trade.. one was a complete fakeouts and I lost 35 pips.. the other two were semi fakeouts and I maganged to get away at B/E, and 5hrs of my time passed pretty much for nothing.. then I finally got a runner and I made 48 pips (could have made more if i was infront of my laptop).. but the point is you can get ahead for the day if and only if you take every break bcz each has the equal potential to be the one, since we don't know which will do it then we must take everyone of them..
its cool my friend.. its all about gaining expereince and practise
  • #3,726
  • Aug 17, 2009 7:01am Aug 17, 2009 7:01am
FX, thank you for advice
I'm still learning - I'm still reading this Thread post by post (>3700 posts).
Every moment in the market is unique.
  • #3,727
  • Aug 17, 2009 7:17am Aug 17, 2009 7:17am
is this a FCR long? I am long .

Otherwise I misunderstood it, and will try understand it again.
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Survive and Preserve
  • #3,728
  • Aug 17, 2009 7:24am Aug 17, 2009 7:24am
Quoting en0x
is this a FCR long? I am long .

Otherwise I misunderstood it, and will try understand it again.
this is as FCR as it gets.. well done.. you done correctly.. outta way to test the market at its early reversal.. but it dont guarantee you a winner .. lol
  • #3,729
  • Aug 17, 2009 7:26am Aug 17, 2009 7:26am
Life is also no guarantee winner, we dont know how long we will live for, and neither do we know if a trade will be a winner or not, we just plan the trade and trade the plan..
Quoting fxachilies
this is as FCR as it gets.. well done.. you done correctly.. outta way to test the market at its early reversal.. but it dont guarantee you a winner .. lol
Survive and Preserve
  • #3,730
  • Aug 17, 2009 7:41am Aug 17, 2009 7:41am
Quoting en0x
Life is also no guarantee winner, we dont know how long we will live for, and neither do we know if a trade will be a winner or not, we just plan the trade and trade the plan..

Yes my friend yes indeed..
your trade is looking good so far.. to be safe or play it tight you could move you sl to (3pips+ spread) lower than new upward FCR to give you a better R:R aswell..
Tip:
I am not in this trade since i had plan toto run earns.. but if i was.. I would stop trail this to death, it looks promising..

Good luck guys..
  • #3,731
  • Aug 17, 2009 7:50am Aug 17, 2009 7:50am
Closed out at break even. Not turning awinner to a loser
Quoting fxachilies
Yes my friend yes indeed..
your trade is looking good so far.. to be safe or play it tight you could move you sl to (3pips+ spread) lower than new upward FCR to give you a better R:R aswell..
Tip:
I am not in this trade since i had plan toto run earns.. but if i was.. I would stop trail this to death, it looks promising..

Good luck guys..
Survive and Preserve
  • #3,732
  • Aug 17, 2009 8:48am Aug 17, 2009 8:48am
Hello to all,

......patience....market will reveal its true intentions.....eventually
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Unus pro omnibus, omnes pro uno
  • #3,733
  • Aug 18, 2009 2:09am Aug 18, 2009 2:09am
???
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it's a huge gap tony, a huge gap.
  • #3,734
  • Aug 18, 2009 2:24am Aug 18, 2009 2:24am
stop take my out
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it's a huge gap tony, a huge gap.
  • #3,735
  • Aug 18, 2009 2:31am Aug 18, 2009 2:31am
gevellber,
???.. what do you mean?
Ah.. i see.. getting top picked maybe.. the only thing I can think of is that your lagging indi's such as multi moving avg cross overs getting you into the trend a lot later.. it might still work out well but you could have been in and out by now or still be in your long trade for pretty nice profit.

your entery should have been at break of FCR.. chart (blue shape)..

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  • #3,736
  • Aug 18, 2009 2:41am Aug 18, 2009 2:41am
... long from London open ...
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  • #3,737
  • Aug 18, 2009 2:44am Aug 18, 2009 2:44am
Quoting fxachilies
gevellber,
???.. what do you mean?
Ah.. i see.. getting top picked maybe.. the only thing I can think of is that your lagging indi's such as multi moving avg cross overs getting you into the trend a lot later.. it might still work out well but you could have been in and out by now or still be in your long trade for pretty nice profit.

your entery should have been at break of FCR.. chart (blue shape)..

http://cloud.forexfactory.com/images/attach/gif.gif
i start trading only after london open.don't pay attention to the 200 ema what is FCR?
it's a huge gap tony, a huge gap.
  • #3,738
  • Aug 18, 2009 2:57am Aug 18, 2009 2:57am
Quoting gevellber02
i start trading only after london open.don't pay attention to the 200 ema what is FCR?

fxachilies Crazy Reversal
  • #3,739
  • Aug 18, 2009 3:12am Aug 18, 2009 3:12am
Quoting gevellber02
i start trading only after london open.don't pay attention to the 200 ema what is FCR?
What a 200EMA has to do with the London open??? ......
  • #3,740
  • Aug 18, 2009 3:14am Aug 18, 2009 3:14am
I'm short from FCR 1.4119.
Every moment in the market is unique.
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