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The System II (Yes with irony)

  • #5,661
  • Sep 15, 2009 6:47am Sep 15, 2009 6:47am
out at BE without hesitation..
fuuny stuff is already happening befor these three u.s news..

sitting on my hand timeeeee.. watching the bulls and bears beat up on each other.. then maybe if the setup is there to take the pull on other side when dust settles..
  • #5,662
  • Sep 15, 2009 6:52am Sep 15, 2009 6:52am
Just got back into the "office" , had some personal errands to do tonight but looks like I didnt miss much action.
Quoting fxachilies
out at BE without hesitation..
fuuny stuff is already happening befor these three u.s news..

sitting on my hand timeeeee.. watching the bulls and bears beat up on each other.. then maybe if the setup is there to take the pull on other side when dust settles..
Survive and Preserve
  • #5,663
  • Sep 15, 2009 6:54am Sep 15, 2009 6:54am
Same for me....
Out at BE.... Price is in waiting mode....
Let's wait for the news in half an hour and after that, Bernake speach in two hours.....
  • #5,664
  • Sep 15, 2009 7:38am Sep 15, 2009 7:38am
Was just trying Febs method of trading the news. I took a small position, about 3rd of what I normally did and shorted the EU. Worked like a charm as initial move was long, then waited for it to show me a sign of where it wants to go, then shorted for a quick 21 pips.
Nice news trading method.
Survive and Preserve
  • #5,665
  • Sep 15, 2009 7:47am Sep 15, 2009 7:47am
Quoting en0x
Was just trying Febs method of trading the news.
I did the same. Numbers were bullish for USD, so went short on EUR/USD (on a small fractal), after the initial hiccup north. Thank you FEB!
  • #5,666
  • Sep 15, 2009 8:02am Sep 15, 2009 8:02am
Lucky to ride this bear down from 95... unfortunately, acted as a again and banked at 67: gotta be more faithful. Tempted to reenter short at 80, but no point to do so.

I guess that I am not used to have such a good amount of runners from a so "cold" and rational point of view. This "system" is not magic: it's just pure common sense and fighting against your own nature. Let the market play the music, you just dance with that evil
  • #5,667
  • Sep 15, 2009 8:05am Sep 15, 2009 8:05am
Quoting -jo-
I did the same. Numbers were bullish for USD, so went short on EUR/USD (on a small fractal), after the initial hiccup north. Thank you FEB!
played that the same way, worked good ! lost a bit on the first breakout long but then made it all up and plus on the short trade
  • #5,668
  • Sep 15, 2009 8:31am Sep 15, 2009 8:31am
Quoting anthony500
played that the same way, worked good ! lost a bit on the first breakout long but then made it all up and plus on the short trade
I was also in that long first (entry ca 10 min before news), but as soon as the hiccup north occurred, I set my SL at BE because I did not know the numbers yet (FF overload) and the price looked very indecisive (very subjective, I know). But either way, good play!
  • #5,669
  • Sep 15, 2009 8:44am Sep 15, 2009 8:44am
currently long
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  • #5,670
  • Sep 15, 2009 8:46am Sep 15, 2009 8:46am
I am long too
  • #5,671
  • Sep 15, 2009 8:52am Sep 15, 2009 8:52am
test
Quoting Ogna
I am long too
Survive and Preserve
  • #5,672
  • Sep 15, 2009 9:09am Sep 15, 2009 9:09am
you guys wanna know what i did during all this?..
  • #5,673
  • Sep 15, 2009 9:11am Sep 15, 2009 9:11am
Quoting fxachilies
you guys wanna know what i did during all this?..
Sleeping?

I got whipped around a bit. Currently short on FCR.
  • #5,674
  • Sep 15, 2009 9:16am Sep 15, 2009 9:16am
Quoting fxachilies
you guys wanna know what i did during all this?..
Sure.... Tennis practise?
  • #5,675
  • Sep 15, 2009 9:16am Sep 15, 2009 9:16am
Quoting fxachilies
you guys wanna know what i did during all this?..
I guess you sat out the news and all the meesy PA that followed it.

Am i right?
Too tired to argue. Too old to care.
  • #5,676
  • Sep 15, 2009 9:20am Sep 15, 2009 9:20am
Ogna, this wasnt aimed at you. I was having a problem posting also had a problem changing to the last page.....
Working now.

Quoting en0x
test
Survive and Preserve
  • #5,677
  • Sep 15, 2009 9:30am Sep 15, 2009 9:30am
you guys really wanna know... watch my chart..
i made zillions..
I got in on top then got out on the bottom the and then I repeated.. it was awsome.. i dont think anyone can match my todays news trading record..


http://cdn.forexfactory.com/images/attach/gif.gif
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  • #5,678
  • Sep 15, 2009 9:35am Sep 15, 2009 9:35am
Quoting fxachilies
you guys really wanna know... watch my chart..
i made zillions..
I got in on top then got out on the bottom the and then I repeated.. it was awsome.. i dont think anyone can match my todays news trading record..


http://cdn.forexfactory.com/images/attach/gif.gif
Might just as well played the lottery.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #5,679
  • Sep 15, 2009 9:36am Sep 15, 2009 9:36am
Quoting fxachilies
you guys really wanna know... watch my chart..
i made zillions..
I got in on top then got out on the bottom the and then I repeated.. it was awsome.. i dont think anyone can match my todays news trading record..
How did you do it?
  • #5,680
  • Sep 15, 2009 9:37am Sep 15, 2009 9:37am
ohh.. and now that i am on the long trade.. if bernakey farts during his speach that be a sellling signal and i will turn around and take the short for another zillion..
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