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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)

  • #4,401
  • Sep 2, 2009 3:24am Sep 2, 2009 3:24am
Quoting jplo
Exactly like you Fx...
Ididn't like PA at all, too much hesitation...
Out at BE

Me too out at BE on that short
Survive and Preserve
  • #4,402
  • Sep 2, 2009 3:59am Sep 2, 2009 3:59am
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  • #4,403
  • Sep 2, 2009 4:15am Sep 2, 2009 4:15am
i didnt take the trade as i m waiting for it to break out of its bracket below 4205 ish & above 4229 ish , it nearly took me in long but missed by 1 pip , lucky so far
Survive & Preserve
  • #4,404
  • Sep 2, 2009 4:17am Sep 2, 2009 4:17am
Quoting Musanto
Attachment
I don't know Musanto,
I've let that one pass.
I'm gonna wait a little bit more because it looks like price can be forming a 123 setup after reacting to that fractal and 50% Fibo with a long wick to the upside (only intuition, if I'm wrong I'll miss a profit but that's all) or if price comes back and break the new fractal @ 4232 , I'll join to longs...
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  • #4,405
  • Sep 2, 2009 4:41am Sep 2, 2009 4:41am
This system is based on take all the set up opportunities.
The trade I took was based on FCR break. (correct me)
I cut loss -3.6
  • #4,406
  • Sep 2, 2009 4:48am Sep 2, 2009 4:48am
I'm short on this Fractal reversal...
Price couldn't break clearly through the last one to the upside and also the 50% Fibo and began to score lower swing highs and on the fractal breakout lower swing lows...
Any comment?
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  • #4,407
  • Edited 5:06am Sep 2, 2009 4:50am | Edited 5:06am
G'day Guys,
... as fxachilies mentioned many times already, it's important to take every possible trade,
keep shooting up & down regardless of any bigger picture,
... please remember, we're trading noise and here is no other factors than a simple set-up.
The expectancy will guide and help you to come-out with over-all profit,
... but losers are a big part of this "system"
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  • #4,408
  • Sep 2, 2009 4:51am Sep 2, 2009 4:51am
Quoting Musanto
This system is based on take all the set up opportunities.
The trade I took was based on FCR break. (correct me)
I cut loss -3.6
Yes, sure, you are right....
Because of that I talked about "my intuition", and of course, acepting that if I was wrong, I could have missed a good opportunity...
The important thing is also expectancy and you managed the trade well by cutting the posible loss.....
  • #4,409
  • Sep 2, 2009 5:03am Sep 2, 2009 5:03am
it has been in a 23 pips range for nearly 3 hrs, so we are better of trading it as a bracket trade
Survive & Preserve
  • #4,410
  • Edited 5:07am Sep 2, 2009 5:06am | Edited 5:07am
Quoting jplo
I'm short on this Fractal reversal...
Price couldn't break clearly through the last one to the upside and also the 50% Fibo and began to score lower swing highs and on the fractal breakout lower swing lows...
Any comment?
Hi J and Andrew,
Thank's for ur comment,

After price make several test,
for next trade I'll be interest,
only if the price break out from the lavender rectangle.
It could be the chop monster in it, as Feb mentioned .

J, the trade you took, is still inside the rectangle.
the profit cannot big.

Attached Image

(sorry, bad English )
  • #4,411
  • Sep 2, 2009 5:12am Sep 2, 2009 5:12am
Out of the short for -11 pips...
  • #4,412
  • Sep 2, 2009 5:15am Sep 2, 2009 5:15am
I got chopped on short too. Now long on 1,4234
  • #4,413
  • Sep 2, 2009 5:25am Sep 2, 2009 5:25am
Monster has reared its head. Les see what NYC can give us then
Survive and Preserve
  • #4,414
  • Sep 2, 2009 5:28am Sep 2, 2009 5:28am
Boys&Girls

Today is FMOC minutes @ 2:00 PM.

There's some concern at higher levels. I said many times, keep an ear on the ground. I don't trade on my toes due funny-mentals. But still there's some news that carries significance.

Avoid been rolled-over by the herd....be wise.

Fly low today. Use lighter load.
Peace
  • #4,415
  • Sep 2, 2009 5:36am Sep 2, 2009 5:36am
What in the world are you guys doing?

not to be rude but.....this market is flat.......

what the hell you're doing trading in a flat world?? are you counter-trading??

what is the FIRST thing you need in order to qualify a move??
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Peace
  • #4,416
  • Sep 2, 2009 5:43am Sep 2, 2009 5:43am
Quoting feb2865
Boys&Girls
Today is FMOC minutes @ 2:00 PM.
There's some concern at higher levels. I said many times, keep an ear on the ground. I don't trade on my toes due funny-mentals. But still there's some news that carries significance.
Avoid been rolled-over by the herd....be wise.
Fly low today. Use lighter load.
Thanks feb, by the time Mr.Dennis Lockhart finish his speech
I'll be in bed and my all trades should be in a pocket.
Good to see you around.
  • #4,417
  • Sep 2, 2009 5:43am Sep 2, 2009 5:43am
very nice
  • #4,418
  • Sep 2, 2009 5:45am Sep 2, 2009 5:45am
Quoting feb2865
What in the world are you guys doing?

not to be rude but.....this market is flat.......

what the hell you're doing trading in a flat world?? are you counter-trading??

what is the FIRST thing you need in order to qualify a move??
Hi Feb,

Great to see you around, I completely agree been watching the comments tonight with interest as I don't think there has been enough movement to do any trades for me anyhow.

Cheers
Kiwiian
  • #4,419
  • Sep 2, 2009 5:49am Sep 2, 2009 5:49am
Quoting feb2865
What in the world are you guys doing?
not to be rude but.....this market is flat.......
what the hell you're doing trading in a flat world?? are you counter-trading??
what is the FIRST thing you need in order to qualify a move??
You're not wrong, the sucker is flat ... total range for today is about 57 pips.
... must be a bad habit of trying to find the trade in any condition ...
  • #4,420
  • Sep 2, 2009 5:51am Sep 2, 2009 5:51am
Quoting feb2865
Boys&Girls

Today is FMOC minutes @ 2:00 PM.

There's some concern at higher levels. I said many times, keep an ear on the ground. I don't trade on my toes due funny-mentals. But still there's some news that carries significance.

Avoid been rolled-over by the herd....be wise.

Fly low today. Use lighter load.
whacha saying feb is a good day to go out fishing
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