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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)

  • #5,361
  • Sep 11, 2009 5:55am Sep 11, 2009 5:55am
wasnt trading yesterday , but when i checked out my trade oportunities i would loss a lot yesterday ,
almost 70% trades i would take yesterday finished with hard SL
i wish i take these trades and learn more to be hard-head
  • #5,362
  • Sep 11, 2009 6:01am Sep 11, 2009 6:01am
sorry i'm hopless with things like this ... can't do it.. but all you have to do is draw 45 degrees line from major lows and 315 degrees from major highs, on 5 minutes chart and see if you like what you see.. Cheers again

Jean
  • #5,363
  • Sep 11, 2009 6:06am Sep 11, 2009 6:06am
my sl below the fcr 4597..
matta f ing slow poke just falling into speed bump after speed bump.. it just not falling lose..

http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,364
  • Sep 11, 2009 6:11am Sep 11, 2009 6:11am
Quoting Froggy10
sorry i'm hopless with things like this ... can't do it.. but all you have to do is draw 45 degrees line from major lows and 315 degrees from major highs, on 5 minutes chart and see if you like what you see.. Cheers again

Jean
Hi Jean,

I wish I could, but I cannot get you either....

Suposing a swing up... would be something like this? (blue line = 45º)
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  • #5,365
  • Sep 11, 2009 6:19am Sep 11, 2009 6:19am
i wish i could post one... anyway no big deal... cheers
Jean
  • #5,366
  • Sep 11, 2009 6:23am Sep 11, 2009 6:23am
Quoting fxachilies
no.. definatly has nothing to do with the 70/69.. thats history.. i am all about now and most recent activity..

simply your second paraghraph.. and my read of the market..
there was a reason i exited my short trade off 4609.. felt threaten by that 30pips up movement.. and as you see countinuation break was not a strong one...
guys price simply comunicated with you.. and with enough screen time and practise live trades you will be able to communicate back and become successfull..
these are great question.. i do my best to answer them in the most...

This is a bit like when you go fishing - used to do that alot when I was a kid - and the fish simply are not biting that, after a very short period of time you can feel that.

I felt that price was very very slow and was indeed communciating something - for those on here the other day when we had a great trading day compare the rythm of the market against that of today.
Survive and Preserve
  • #5,367
  • Edited 6:34am Sep 11, 2009 6:29am | Edited 6:34am
long hit sl +1pip
  • #5,368
  • Sep 11, 2009 6:41am Sep 11, 2009 6:41am
ready to play short
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  • #5,369
  • Sep 11, 2009 7:16am Sep 11, 2009 7:16am
very deep pulback , hhhhmmmmhhhh
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  • #5,370
  • Sep 11, 2009 7:19am Sep 11, 2009 7:19am
pullback to the 315 degree line. still on the short side.. FWIW
  • #5,371
  • Sep 11, 2009 7:33am Sep 11, 2009 7:33am
... the earlier mistake and consequent loss made me a bit pissed of and hyper active,
but only in a good sense, so loses are already recovered and now going for more profit.
Looks like for New Yorkers the dollar is too chip ...
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  • #5,372
  • Sep 11, 2009 7:49am Sep 11, 2009 7:49am
Quoting DareXau
... the earlier mistake and consequent loss made me a bit pissed of and hyper active,
but only in a good sense, so loses are already recovered and now going for more profit.
Looks like for New Yorkers the dollar is too chip ...
I was on that one also, Darek,
but exited at BE playing#1 when I saw price cannot bridge through LL in momentum...
Maybe I've exited too early
  • #5,373
  • Sep 11, 2009 8:01am Sep 11, 2009 8:01am
short at 88 just now, fx going fishing again ?
  • #5,374
  • Sep 11, 2009 8:11am Sep 11, 2009 8:11am
Quoting jplo
I was on that one also, Darek,
but exited at BE playing#1 when I saw price cannot bridge through LL in momentum...
Maybe I've exited too early
Yes a little too early for exit, the price didn't reach even previous high @ 1.4615, I was ready to close about that level
  • #5,375
  • Sep 11, 2009 8:18am Sep 11, 2009 8:18am
Quoting DareXau
Yes a little too early for exit, the price didn't reach even previous high @ 1.4615, I was ready to close about that level
Yes, maybe I should have had a little more patience, I don't know...
as soon as I saw a 20 pips move against me, I honestly felt a little worried and decided to play #2 and when price could not hitted LL in momentum, I went out...
  • #5,376
  • Sep 11, 2009 8:22am Sep 11, 2009 8:22am
Now, I'm long on this FCR....

Today price is in a 57 pips range.....
Let's see if it can move a little bit more.......
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  • #5,377
  • Sep 11, 2009 8:24am Sep 11, 2009 8:24am
Quoting jplo
Now, I'm long on this FCR....

Today price is in a 57 pips range.....
Let's see if it can move a little bit more.......
Long as well @ 02.5. PA looks promising, but...
  • #5,378
  • Sep 11, 2009 8:26am Sep 11, 2009 8:26am
hit directly to my sl, -30 pips.
no chance to BE/ small losses
any comment guys ?
  • #5,379
  • Sep 11, 2009 8:35am Sep 11, 2009 8:35am
I think there's a clown in a suit speaking @ 9:30... They have the talent of screwing up the markets.....be aware....
Peace
  • #5,380
  • Sep 11, 2009 8:41am Sep 11, 2009 8:41am
Quoting elizo
Long as well @ 02.5. PA looks promising, but...
Ok, out at 14.5... after this choppy movement I preferred to TP and wait... I know I have to work on this but I don't like PA, too nervous... looks like big hands on the upside are pushing down the pair...

Just my opinion... will reenter long with a clean break of 1.4630...

Any criticisms?
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