The System II (Yes with irony)

OK, ... trade closed on target, ... now a bit of waiting to find a next entry ...

... well it's definitely not a Friday and not an August trading today ...
long again, lets see how this one will develop ...

... NY opened with a typical move down, but only a tiny bit ...
so, that's telling me that more up-side may be on a table, perhaps have to wait for US-data (existing homes sale) ... can be a big trigger ...

... beautiful trading day, ... the news played nicely for over 40 pips up
and now the same on a way down ... ... maybe more ...

Ok Guys..
I am swamped with pm's from most of you requesting personal help and etcetera.. so I decided to input more time this week for two reasons.. firstly, it be great for me to make even more money..lol, secondly, to meet up with your requests.. nothing matches real time experience.. and I will give that to you guys with trade after trade to my best of ability with more analysis as to what I do in the heat of battle.
so I highly suggest for everyone that have pm me and others to join and take full advantage.. this will be the learning week in real time action.. but you need to follow my plan below.. don't ask why or what or how or etc.. just do it.. if you want to learn and perhaps make money.. I gurantee you will be positibe in your weekly bottomline.

My plan for the up coming week..

1) I will trade from 2hrs before london open til 2hrs after NY open (about 10hrs).. why? to take advantage of all opportunties and not miss any.. if you work half ass time you will end up with half ass results.. like ending up with more fakeout signals and miss solid gains or runners.

2) Entery: I will trade every FCR Breakout signal.. if price continuation signal is given I will trade only those that turns into bracket before breakingout as a whole new swing.

3) Exit: To survive fakeouts and semi feakouts refer to my 3031 post.. figure 1&2 explanation (know these two explenation by heart). My SL is away from the heat to when I enter.

4) Exit Profit taking: i will stop trail manually based on FCR.. I will mostly try to take profits no less than 21 pips..

I expect to see a lot of faces based on your requests.. if incase it ain't the case, then i will simply stop.

let's cheers to a great week together as whole..
see you all before london open..

Hey Buddy,

2hrs prior to London Open - 2 hrs after NYK Open

is that 7am London (6GMT, 8am CET) till - 4pm London (3GMT, 5pm CET)?

2am EST - 11am EST?

Hi All,

Was away last week but will be back trading from tomorrow.

Fx and Dare if you need help compiling a list of the best posts of the thread as suggested earlier - please let me know, only too happy to help and give back.

Certainly will be around looking live during the week fx, appreciate all your efforts, advice and tuition.

Lets do it.

I greased up the training wheels over the weekend and ready to take my bike down the hill (and up the hill).

Thanks for all your continued effort fxachilies and DX.

sounds excellent fx count me in
andrew

Hi Dare,

I apologise if you have already posted this... but i was hoping you could repost a copy of your indicator that forms brackets around price action.

That would be much appreciated. Thanks.

MM

Lovely little short just broken... entry was @ 28.

hello to all,
short based on bracket breakout.. lets see how it goes..



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ok guys we got a fakeout inhand.. you could play #2 and try to exit at breakeven and wait for reall breakout at LL.. or you can give your trade still a chance by bring your sl above the minor fcr 4334 and watch the price reaction at the LL 4322 and pursue the break of that point still..

Im thinking that i might give it a little time to breathe... your second option but with a wider stop. VERY slow day today...

good idea.. I am doing the same thing..
keep in mind guys that we are announcemnt less today.. But anything can happen at anytime.. I have seen huge moves on such days manytimes.. so keep pluggin.. this very entery could be the one.. who knows?

Looking good so far mate...

ok guys it looks much better now.. we are in the driversit.. I personaly will stop-trail based on FCR for time being.. my rr is in my favor.. most I can lose is no more than 11pips.. I give my trade the chance to catch the full wave or atleast endup with above 21pips profit..

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My SL is now set to 4320.
Trading with you, thought I would make myself heard so as you dont feel alone there FX

AGGGH, I messed up ther, I was meant to enter it was 4327 , Why oh why did I enter it at 4320.. Stopped out bah bah bah. Anyways, not gonna beat myself up.

Aggh

ok guys, now we got a semi fakeout inhand.. so we will play the #1 up his ass.. this is how men sepraate themselves from boys..
wait for the new FCR to be formede.. watch the price reaction at the LL area.. if it breaks lose you stay with the trade if it acts funny preserve your gain pips and bank..