The System II (Yes with irony) | Page 195 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

The System (Irony included) 1,175 replies

Attachments: The System II (Yes with irony)
Exit Attachments

The System II (Yes with irony)

  • #3,881
  • Aug 24, 2009 1:34am Aug 24, 2009 1:34am
Quoting fxachilies
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..

http://cloud.forexfactory.com/images/attach/gif.gif

By the way... just want to shout out. Appreciate you taking the time to contribute to this thread the way you have, and intend to in the future. Will be extremely valuable for the newbies and for the intermediates too.

To the newbies: Pay attention to every post he makes. You're getting an insight as to how you should think to be as successful as fxachilles. Emulate this guy (with regard to this strategy) and you simply won't go wrong.

Cheers,
"If it bleeds ... we can kill it"
  • #3,882
  • Aug 24, 2009 1:39am Aug 24, 2009 1:39am
new fcr formed at 4325.. sl should be above it.. still in this trade as price broke through the LL slightly.. remain to see what will happen.. we are almost riding free now.. most you should lose no more than 3pips.. now we are more in the fase of howmuch we should make!!.. good place to be
  • #3,883
  • Aug 24, 2009 1:49am Aug 24, 2009 1:49am
I hope you see so far that patience is paying off for you.. giving you more profit and increases your confidence level..(very important matter in trading).. simply staying close to the price as your leading indicator..
  • #3,884
  • Aug 24, 2009 1:55am Aug 24, 2009 1:55am
now into profit over 20pips... alot of guys will take profit at this point..
you wanna know what fx think?
I think this could be just the begining of something great.. so until i do not see a threat I will not close this trade.. keep playing my #1..
its outside the box thinking guyssss..
  • #3,885
  • Aug 24, 2009 2:05am Aug 24, 2009 2:05am
I jumped back in on the lower break. (123 setup) still kicking myself for entering my SL incorrectly. Aggh.


Quoting fxachilies
now into profit over 20pips... alot of guys will take profit at this point..
you wanna know what fx think?
I think this could be just the begining of something great.. so until i do not see a threat I will not close this trade.. keep playing my #1..
its outside the box thinking guyssss..
Survive and Preserve
  • #3,886
  • Aug 24, 2009 2:07am Aug 24, 2009 2:07am
looks like the brits are with us on this ride..lol
keep in mind guys there is a support at 4276.. I want to test that and see whats the price reaction to that level aswell.. just something in back of my mind.. otherwise just huging the price as to how it reacts on each candel..
  • #3,887
  • Aug 24, 2009 2:12am Aug 24, 2009 2:12am
Quoting en0x
I jumped back in on the lower break. (123 setup) still kicking myself for entering my SL incorrectly. Aggh.

its ok my friend.. I have done it manytimes.. its all learning process.. just learn and move on and do not do the same mistake over and over again.. you got stay alert when trading..

your doing good.. i like your courage on pulling the trigger.. its a plus skill belive it or not..
  • #3,888
  • Aug 24, 2009 2:15am Aug 24, 2009 2:15am
ok guys... intuition
its obvious that a retracement is coming up at this point.. now your well into 35pips profit.. you can bank and save tha agonie.. or you can play #1..
to catch big time runners you got to bear with the agonie and risk money on the table and play #1..
  • #3,889
  • Aug 24, 2009 2:16am Aug 24, 2009 2:16am
I am going to move SL to be+1 , and then play #1 if not stopped out.

Quoting fxachilies
ok guys... intuition
its obvious that a retracement is coming up at this point.. now your well into 35pips profit.. you can bank and save tha agonie.. or you can play #1
Survive and Preserve
  • #3,890
  • Aug 24, 2009 2:29am Aug 24, 2009 2:29am
new fcr 1.4300?

SL moved to FCR 1.4302

Quoting en0x
I am going to move SL to be+1 , and then play #1 if not stopped out.
Survive and Preserve
  • #3,891
  • Aug 24, 2009 2:30am Aug 24, 2009 2:30am
ok guys, due to my large quantities of bets and based on my personal agenda I banked profit at 35pips..
now I sit on my hands for either a reversal or a bracket entery for countinuation.
however if you are betting small (5lots or lower) you should go after more pips and play #1..
  • #3,892
  • Aug 24, 2009 2:32am Aug 24, 2009 2:32am
Quoting en0x
new fcr 1.4300?

SL moved to FCR 1.4302

you stand correct.. thats how it should be.. nice job
  • #3,893
  • Aug 24, 2009 2:43am Aug 24, 2009 2:43am
http://cloud.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 133.gif Size: 25 KB
  • #3,894
  • Aug 24, 2009 2:43am Aug 24, 2009 2:43am
yeah same here fx
Survive & Preserve
  • #3,895
  • Aug 24, 2009 2:50am Aug 24, 2009 2:50am
My position closed and reversed at that point. We with you
Quoting andrewb7
yeah same here fx
Survive and Preserve
  • #3,896
  • Aug 24, 2009 3:08am Aug 24, 2009 3:08am
stopped out
Quoting en0x
My position closed and reversed at that point. We with you
Survive and Preserve
  • #3,897
  • Aug 24, 2009 3:09am Aug 24, 2009 3:09am
short at 4287
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 29 KB
it's a huge gap tony, a huge gap.
  • #3,898
  • Aug 24, 2009 3:16am Aug 24, 2009 3:16am
I am still in the trade, price got to 2pips of my sl.. but i will exit if price get any close to my BE..


gevellber,
that is not a fcr entery.. thats is a bearish price countinuation..
  • #3,899
  • Aug 24, 2009 3:19am Aug 24, 2009 3:19am
Quoting en0x
stopped out
why? your sl should have been at 4277..
  • #3,900
  • Aug 24, 2009 3:22am Aug 24, 2009 3:22am
Quoting gevellber02
short at 4287
A nice fractal there.
But on the 15 min chart.
The players here don't like that...
3 traders viewing now