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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)

  • #5,561
  • Sep 14, 2009 10:32am Sep 14, 2009 10:32am
guys I will post my chart later, go over it and compare it to yours and do some homework find the flaws and strenghts of your trading..

guys I can not stress enough as to how important it is to draw your horizontal lines as they form.. it keeps you sharp to read the immediate PA.. whether your are trading it or not.. the whole 5m chart is like your guide map, keep it informative and understandable for yourself.. sometimes you got very little time to make a decision..
if you really ask me what lays behind some of my sound decision making.. is nothing more than what i told you above..

your trades (regardless of outcomes) don't mean a thing if you can't figure out what layed behind that decision.. you need to know why you made money and why you lost money..
thats how you correct yourself.. and lead to decison making..
  • #5,562
  • Sep 14, 2009 10:36am Sep 14, 2009 10:36am
Quoting fxachilies
guys I will post my chart later, go over it and compare it to yours and do some homework find the flaws and strenghts of your trading..

guys I can not stress enough as to how important it is to draw your horizontal lines as they form.. it keeps you sharp to read the immediate PA.. whether your are trading it or not.. the whole 5m chart is like your guide map, keep it informative and understandable for yourself.. sometimes you got very little time to make a decision..
if you really ask me what lays behind some of my sound decision making.. is nothing...

Working on it.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,563
  • Sep 14, 2009 10:38am Sep 14, 2009 10:38am
obama speach is coming 40 min.. anybody knows what the subject of speach is?.. is he gonna say something meanigful for a change.. lol.. just kidding..
  • #5,564
  • Sep 14, 2009 10:47am Sep 14, 2009 10:47am
Quoting mac1956
Working on it.

Mac daddy,
I am just letting you freestyle for a bit.. so you do some diging on your own.. its the best way to learn.. i know your dedicated and you read the thread but reading and absorbing is two different things..
do whatever it takes for you to figure things out, the information is right at your finger tips..
i am watching you.. i gottch your back man..
  • #5,565
  • Sep 14, 2009 10:52am Sep 14, 2009 10:52am
Quoting fxachilies
Mac daddy,
I am just letting you freestyle for a bit.. so you do some diging on your own.. its the best way to learn.. i know your dedicated and you read the thread but reading and absorbing is two different things..
do whatever it takes for you to figure things out, the information is right at your finger tips..
i am watching you.. i gottch your back man..

I appreciate your letting me know. I've learned a few things today I'll never forget - and I've come out with +49 for the day despite my mistakes. I know you're looking out for me mate.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,566
  • Edited 11:38am Sep 14, 2009 10:56am | Edited 11:38am
guys as you all might know I am a Tennis freak.. so i be up for the u.s open final and cheering for the argantinien underdog.. and ofcourse trading the asian session hour before open.. I be gald if you could join me and guide me since i never trade that session..
however i did it today and worked out great so i am looking for more.. lol

hopefully i see most of you..
  • #5,567
  • Sep 14, 2009 12:09pm Sep 14, 2009 12:09pm
Quoting fxachilies
.. so i be up for the u.s open final and cheering for the argantinien underdog.. and of course trading the asian session hour before open....
Ohhh Fx,
I'm gonna bet against you this time, buddy!!
If it is not Rafa....... It must be Federer....
You play tennis, so you do know if he wants, he is an extraterrestial....
Del Potro is playing really well, but....I think he is not gonna catch the runner......

Let's see
  • #5,568
  • Sep 14, 2009 1:18pm Sep 14, 2009 1:18pm
Quoting jplo
Ohhh Fx,
I'm gonna bet against you this time, buddy!!
If it is not Rafa....... It must be Federer....
You play tennis, so you do know if he wants, he is an extraterrestial....
Del Potro is playing really well, but....I think he is not gonna catch the runner......

Let's see
you know i stay away from predicting.. I am not saying he is gonna win.. federe is just playing out of his mind.. I just like to cheer for a worthy underdog.. delporto got game, but enough to beat Roger.. i wont bet on it..
  • #5,569
  • Sep 14, 2009 1:46pm Sep 14, 2009 1:46pm
guys this my todays chart and trades..
I hope you'll find it useful.


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  • #5,570
  • Sep 14, 2009 1:50pm Sep 14, 2009 1:50pm
which one is a better enter?
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it's a huge gap tony, a huge gap.
  • #5,571
  • Sep 14, 2009 2:01pm Sep 14, 2009 2:01pm
Quoting gevellber02
which one is a better enter?
first one is the reall fcr.. 2nd one is also a fcr based on very immediate action.. but since the two are only a few pips away, your better off to go with the safer one.. if the two were more than 10-15 pips away then i would go ahead and take the 2nd one..
good observation G..
  • #5,572
  • Sep 14, 2009 2:11pm Sep 14, 2009 2:11pm
one more please .....
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it's a huge gap tony, a huge gap.
  • #5,573
  • Sep 14, 2009 2:29pm Sep 14, 2009 2:29pm
Quoting gevellber02
my pos today
comment are welcome!
Hi

You are doing great, in fact some of my trades were like your trades 2 and 3 some weeks back. I have been asking FX questions and he has been very generous in answering to the point that the whole thread really benefits. The major issue I was having was not letting trades run - see what Fx says about runners. And your trade 3 especially would not have been necessary had you already been holding from lower down and let the trade run.

It is starting to come for me now, wo why not for you as well ?. So I would say excellent work, but try to hold and therefore avoid getting faked out at the top of those moves. There was quite some discussion today about getting involved in moves 2 and 3 of the trend - the risk of fake gets high the further the price action goes. Read todays posts again and you will see.

I hope this helps . Keep up the good work.
Survive and Preserve
  • #5,574
  • Sep 14, 2009 2:32pm Sep 14, 2009 2:32pm
TS II FCR are they Bill Williams Fractals?
Bar which higher than two bars before and two bars after.
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  • #5,575
  • Sep 14, 2009 2:34pm Sep 14, 2009 2:34pm
Quoting fxachilies
guys this my todays chart and trades..
I hope you'll find it useful.


http://cdn.forexfactory.com/images/attach/gif.gif
Oh I like it, I like it, I like it.

Great trading FX I don`t think we`ll see any better than that. Just about every break nailed and profit taken only at the point where the market was stalling or pulling back in any meaniful way.

Thanks for all the comments from earlier and replies to questions.
Survive and Preserve
  • #5,576
  • Edited 3:49pm Sep 14, 2009 2:54pm | Edited 3:49pm
Quoting PaulLangham
Hi

You are doing great, in fact some of my trades were like your trades 2 and 3 some weeks back. I have been asking FX questions and he has been very generous in answering to the point that the whole thread really benefits. The major issue I was having was not letting trades run - see what Fx says about runners. And your trade 3 especially would not have been necessary had you already been holding from lower down and let the trade run.

It is starting to come for me now, wo why not for you as well ?. So I would say excellent work, but try to...
thank you for your reply. it's very nice to learn from you gentleman's
it's a huge gap tony, a huge gap.
  • #5,577
  • Sep 14, 2009 3:29pm Sep 14, 2009 3:29pm
Hi All,

Here are my trades for today.

Trade 1 - Taken in the full knowledge that we were already well into the move and the European open was just starting so ready to get and reverse quickly. In the end BE.

Trade 4 - Complete has closed in no mans land - a day without a mistake wouldn`t be normal now would it.

Trade 5 - Nice.

Thanks for the commentary today to Fx and all the other posters and for clarifying some points about trades.
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Survive and Preserve
  • #5,578
  • Sep 14, 2009 4:01pm Sep 14, 2009 4:01pm
Quoting PaulLangham
Hi All,

Here are my trades for today.

Trade 1 - Taken in the full knowledge that we were already well into the move and the European open was just starting so ready to get and reverse quickly. In the end BE.

Trade 4 - Complete has closed in no mans land - a day without a mistake wouldn`t be normal now would it.

Trade 5 - Nice.

Thanks for the commentary today to Fx and all the other posters and for clarifying some points about trades.
Paul,

congrats not only for the quality of your trades, but the outcome of them. Another more than 100 pips for the day. Did you have the chance to take a look about how many did you accumulate in the last, say, 4 weeks?
  • #5,579
  • Sep 14, 2009 7:55pm Sep 14, 2009 7:55pm
and the underdog, my man Del Porto wins it all.. awsome 5 seter match..
..

Ps) jplo.. your lucky i did not take you up on that bet.. otherwise you would have owe me a very expensive night out around barca.. fx style.. lots of boose and boobs.. ups.. lol
  • #5,580
  • Sep 14, 2009 8:06pm Sep 14, 2009 8:06pm
this asian session has sucked ass so far..
finally a trade opportunity.. took the short.. i'll set my sl and tp and let it go free on its own.. i got to get some sleep..
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