The System II (Yes with irony)

as I said, think it thoroghly before answering it.. i like to know some of the others guys responds are.. such as..
kazaroval.. pipzone..mihaig.. davidb.. anthony500.. rest.. I wanna know where your development process is..
come on guys I am calling you out.. lol

AND ... pursue runners ... meaning be ok with leaving money on the table or taking a small loss, knowing that once in a while a runner will make it all ok

Stick to the plan and never deviate

now watch the price reaction very closly to the LL line and make your decision.. playing #1 live right now.. if its a strong break you stay and else your out to survive

you get one chance.. lol..

One thing that I've picked from you that I think you got from Feb; "The markets are shifting sands".

Understand that, understand that nothing is set in stone, the price ebbs and flows and to go with it , back and forth, back and forth.

D

its a good one paul.. but I lookign for three short detail all in one..
I am eager to hear yours.. come on budd

Trade-Plan, rince and repeat?

3 short words?

EXPECTANCY?

enox, you get one chance.. lol..
relax and pay attention to others posts.. this is all about learning..

Hello,

Take all oportunities. Stop guesing, stop trying to be right (the market is righht), have a plan when to enter and when to exit. And don't let emotions to control you.

+ find what suits to you. practice, learn, practice, learn....

I am a little eager, I am short though still.

Self confidence? Aknowledge that you can't predict the market? I think the most important thing a trader could achieve is a winner state of mind.

these answers are all great.. but I am looking for one particular thing and I want you to give to me as one package.. so I know where your state of development really is..

by the way the short trade is lookin good.. sl should be above the last fcr 4352.. we are riding free boys.. good place to be..

Guys I am going to get lunch.. be back in 20 min.. take your time and keep the answers coming.. this is good.. todays pages are going to turn into gold.. we all are reminding each other of things that we may have neglect for time to time..

Good morning to all,

Fx, I have a question regarding your fcr.... If you look at the chart you will see that we could have taken the fcr short @1.4354 and after the next three candles price stalled and formed a new fcr @ 1.4344 which coincides with a previous fcr before the London Open. At that point on the last candle price came down again to the LL and stalled briefly.... would you consider taking a few pips profit there instead of risking a rebound and setting another short below the 1.4344? It may be a question of an individual's expectancy but it could also be another option to risk management.... uat doo u zink?


Update: That is what I did... exited with 4pips and reentered @1.4341 and atm dealing with #1 with my hard stop @1.4354

hey mon. i did something similar i entered at fcr 4357 it looked like a fakeout so i took a small loss, then re entered at fcr 4353 & took 21 pips profit, thats how i dealt with it so far
andrew

Trade went to +22, then ended up closing at +6 on the new FCR break.