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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)

  • #5,581
  • Sep 15, 2009 12:04am Sep 15, 2009 12:04am
Morning guys,
I put a bracket here
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  • #5,582
  • Sep 15, 2009 12:55am Sep 15, 2009 12:55am
Good morning,

I'm long @ 4623
  • #5,583
  • Sep 15, 2009 12:55am Sep 15, 2009 12:55am
Cut my short pos. +1
I Need to wait a wider range,
how about you guys ?
so quiet
  • #5,584
  • Sep 15, 2009 12:56am Sep 15, 2009 12:56am
Good morning guys,
I just got triggered for long based on bracket breakout.. lets see what happens..

Musanto.. good early recogniton but you don't need fib to tell you that.. train and trust your naked eye..
  • #5,585
  • Sep 15, 2009 12:57am Sep 15, 2009 12:57am
I waited for a break of the previous HH for a long @ 14628
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,586
  • Sep 15, 2009 1:06am Sep 15, 2009 1:06am
this is your correct entery.. blue shade
http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,587
  • Sep 15, 2009 1:08am Sep 15, 2009 1:08am
Quoting fxachilies
Good morning guys,
..
Musanto.. good early recogniton but you don't need fib to tell you that.. train and trust your naked eye..
Morning, Fx
I don't know, fx, fibo saved me from a lot of fake fcr/123 break.
don't dare to get rid it for the moment.
  • #5,588
  • Sep 15, 2009 1:12am Sep 15, 2009 1:12am
Quoting fxachilies
this is your correct entery.. blue shade
http://cdn.forexfactory.com/images/attach/gif.gif
Had a short trade to get going this morning after that double top. Reasonable or a screamer?

Attached Image (click to enlarge)
Click to Enlarge Name: Chart 1 15th Sep.gif Size: 48 KB
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,589
  • Sep 15, 2009 1:19am Sep 15, 2009 1:19am
Quoting mac1956
Had a short trade to get going this morning after that double top. Reasonable or a screamer?
That's reasonable. I took the same trade but closed +1 when reversed.
  • #5,590
  • Sep 15, 2009 1:20am Sep 15, 2009 1:20am
Quoting eb_
That's reasonable. I took the same trade but closed +1 when reversed.

Thanks Eb.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,591
  • Sep 15, 2009 1:24am Sep 15, 2009 1:24am
Quoting Musanto
Morning, Fx
I don't know, fx, fibo saved me from a lot of fake fcr/123 break.
don't dare to get rid it for the moment.
Do what you like but its a crutch brother.. it makes you miss rides and runners.. fib's is pointless in 5m noise chart..
if you spread the load wisely then feakouts should not be a problem and losing would be part of your agenda.. and low hit ratio would be normalcy and your bottomline would be the only thing that matters..
(I apperciate in advance if you don't post your charts with fib or any other indi's)

PS) Guys.. more fakeouts you face (based on correct entery)more experience you would get and that will lead to your maturity as a trader in our style of trading.. its a fact..
(I apperciate in advance if you guys don't post your charts with fib or any other indi's.. we're all about naked trading)
  • #5,592
  • Sep 15, 2009 1:27am Sep 15, 2009 1:27am
Quoting eb_
That's reasonable. I took the same trade but closed +1 when reversed.
agreed..
  • #5,593
  • Sep 15, 2009 1:31am Sep 15, 2009 1:31am
Quoting fxachilies
agreed..

Thanks.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,594
  • Sep 15, 2009 1:34am Sep 15, 2009 1:34am
Exited BE
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,595
  • Sep 15, 2009 1:34am Sep 15, 2009 1:34am
dang I did some mistake. I bought at high, yeah call me crazy.
Failure is the mother of success: learn from 'her'
  • #5,596
  • Sep 15, 2009 1:36am Sep 15, 2009 1:36am
Trading naked feels good, like walking around without underpants..
Quoting fxachilies
Do what you like but its a crutch brother.. it makes you miss rides and runners.. fib's is pointless in 5m noise chart..
if you spread the load wisely then feakouts should not be a problem and losing would be part of your agenda.. and low hit ratio would be normalcy and your bottomline would be the only thing that matters..
(I apperciate in advance if you don't post your charts with fib or any other indi's)

PS) Guys.. more fakeouts you face (based on correct entery)more experience you would get and that will lead to your maturity as a trader...
Survive and Preserve
  • #5,597
  • Sep 15, 2009 1:37am Sep 15, 2009 1:37am
I actually bought at 4622 and closed for +10. Didnt think the double top was a bracket for me so traded the FCR on reverse.
Survive and Preserve
  • #5,598
  • Sep 15, 2009 1:40am Sep 15, 2009 1:40am
and now short... if i go long and it does not happen then I look the other way.. rings a bell!!..

http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,599
  • Sep 15, 2009 1:40am Sep 15, 2009 1:40am
Quoting en0x
I actually bought at 4622 and closed for +10. Didnt think the double top was a bracket for me so traded the FCR on reverse.
Nice one. I was thinking the same. Got 6 pips from long. Unfortunately I didn't have confidence to take the short one.
  • #5,600
  • Sep 15, 2009 1:41am Sep 15, 2009 1:41am
Quoting elizo
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?
Hi Elizo,

No not at the moment, I am not looking at money. Looking at avoiding mistakes and playing each move according to plan.

Hope this helps.
Survive and Preserve
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