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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 14, 2009 10:04pm Sep 14, 2009 10:04pm
Morning guys,
I put a bracket here
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  • #5,582
  • Sep 14, 2009 10:55pm Sep 14, 2009 10:55pm
Good morning,

I'm long @ 4623
  • #5,583
  • Sep 14, 2009 10:55pm Sep 14, 2009 10:55pm
Cut my short pos. +1
I Need to wait a wider range,
how about you guys ?
so quiet
  • #5,584
  • Sep 14, 2009 10:56pm Sep 14, 2009 10:56pm
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 14, 2009 10:57pm Sep 14, 2009 10:57pm
I waited for a break of the previous HH for a long @ 14628
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,586
  • Sep 14, 2009 11:06pm Sep 14, 2009 11:06pm
this is your correct entery.. blue shade
http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,587
  • Sep 14, 2009 11:08pm Sep 14, 2009 11:08pm
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 14, 2009 11:12pm Sep 14, 2009 11:12pm
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?

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Click to Enlarge Name: Chart 1 15th Sep.gif Size: 48 KB
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,589
  • Sep 14, 2009 11:19pm Sep 14, 2009 11:19pm
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 14, 2009 11:20pm Sep 14, 2009 11:20pm
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 14, 2009 11:24pm Sep 14, 2009 11:24pm
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 14, 2009 11:27pm Sep 14, 2009 11:27pm
Quoting eb_
That's reasonable. I took the same trade but closed +1 when reversed.
agreed..
  • #5,593
  • Sep 14, 2009 11:31pm Sep 14, 2009 11:31pm
Quoting fxachilies
agreed..

Thanks.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,594
  • Sep 14, 2009 11:34pm Sep 14, 2009 11:34pm
Exited BE
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,595
  • Sep 14, 2009 11:34pm Sep 14, 2009 11:34pm
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 14, 2009 11:36pm Sep 14, 2009 11:36pm
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 14, 2009 11:37pm Sep 14, 2009 11:37pm
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 14, 2009 11:40pm Sep 14, 2009 11:40pm
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 14, 2009 11:40pm Sep 14, 2009 11:40pm
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 14, 2009 11:41pm Sep 14, 2009 11:41pm
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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