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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)

  • #6,181
  • Sep 21, 2009 5:13am Sep 21, 2009 5:13am
Quoting en0x
FX,

FF not a problem on my end. Not something wrong with your internet connection?
I alos have been ahving issues with FF as well, like the html is displaying incorrectly
Survive and Preserve
  • #6,182
  • Sep 21, 2009 5:16am Sep 21, 2009 5:16am
Quoting moneda
Gevellber02,

Jplo is correct in his definition of the 1-2-3 pattern according to this thread.... it can get confusing at times ... try to read our thread and learn the language... by the way FCR is a term that fxachillies created it means Fxachillies Crazy Reversal.... do not try to find a PDF for it...

Good luck
hay,
so....
what is the 123 definition according to this thread???
is there a post talking about it?
it's a huge gap tony, a huge gap.
  • #6,183
  • Sep 21, 2009 5:21am Sep 21, 2009 5:21am
I think you just admitted to not reading the thread
Survive and Preserve
  • #6,184
  • Sep 21, 2009 5:21am Sep 21, 2009 5:21am
ok guys do remember the time i told you guys that: when your fcr's are getting to close to eachother and they don't look like steps what does that tell you?
I tell you again..
it tells you we are in a consolidation, its range time, price is going sideways, bracket is forming.. and the bracket starts to jam up as the consolidation countinues.. (thats how you can detect the chopp monster in its early stages too)
for example.. right now live we got a bracket that started in range of 33 pips then down to 30pips and now down to 26.. price is jaming..
to catch a runner (which is our job discription) we have to trade the braket breakout after price has jamed up after some time..

if you trade the fcr's in between your short scalping.. but you may get lucky on one and get a early start on the runner but you could also get unlucky and it goes the other way.. it goes hand to hand.. i don't like it toomuch.. its not too ideal.. it must look really uneeq to me.. i rather wait for better opportunites.. there are planty of good ones..
so what elizo did there and DX conforming it, it's valid, but it considers more for a short scalping (not our job discription) and you witnessed that elizo did have to exit for a short scalp of +7 pips.. thats trading on your toes a bit.. and you got to have the panic botton ready..

I hope it makes sense..
  • #6,185
  • Sep 21, 2009 5:22am Sep 21, 2009 5:22am
Today I am not in rythm of trading yet... So I will ask you - Is my view about sell stop at downside of brackets true?
  • #6,186
  • Sep 21, 2009 5:23am Sep 21, 2009 5:23am
chart
Attached Image (click to enlarge)
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  • #6,187
  • Sep 21, 2009 5:25am Sep 21, 2009 5:25am
Quoting gevellber02
hay,
so....
what is the 123 definition according to this thread???
is there a post talking about it?
Hey gevellber,
No offense, mate, but.........
123 definition??
Pg.1 and on.....
  • #6,188
  • Sep 21, 2009 5:27am Sep 21, 2009 5:27am
Quoting PaulLangham
Hey dare
Welcome back, we missed you.
Thanks Paul, I have to admit, that for last week I missed the thread too.
  • #6,189
  • Sep 21, 2009 5:32am Sep 21, 2009 5:32am
Quoting fxachilies
ok guys do remember the time i told you guys that:...
FX,

Excellent explanation my friend... I tried to use the bus analogy a few posts ago but you have the gift of communicating your ideas in a way that the common man or woman can understand.
Unus pro omnibus, omnes pro uno
  • #6,190
  • Sep 21, 2009 5:38am Sep 21, 2009 5:38am
Quoting fxachilies
..................... it must look really uneeq to me.. i rather wait for better opportunites.. there are planty of good ones..
so what elizo did there and DX conforming it, it's valid, but it considers more for a short scalping (not our job discription) and you witnessed that elizo did have to exit for a short scalp of +7 pips.. thats trading on your toes a bit.. and you got to have the panic botton ready..

I hope it makes sense..
Thanks buddy,
Getting it and improving my thinking process little by little....
  • #6,191
  • Sep 21, 2009 5:43am Sep 21, 2009 5:43am
Quoting moneda
FX,

Excellent explanation my friend... I tried to use the bus analogy a few posts ago but you have the gift of communicating your ideas in a way that the common man or woman can understand.
your explanations are all always on the money my man.. I just type what i think and what i do myself.. and i know its blah blah blah sometimes .. so guys excuse me in advance.. lol

the PDF for fcr was hilarious..
come on Mon, you mean my name is not gonna to down next to Bill williams and Fibonacci Devincci..
  • #6,192
  • Sep 21, 2009 5:46am Sep 21, 2009 5:46am
Quoting jplo
Thanks buddy,
Getting it and improving my thinking process little by little....
that good my friend... you remember our pm's this past weekend.. thats what i am talking about.. you'll get more..
  • #6,193
  • Sep 21, 2009 5:53am Sep 21, 2009 5:53am
Placed a Buy Stop order 4 pips above the fcr @ 4670 .
Could not play #2 as there was no retracement to the entry point.
Out for SL of 25 pips .
Any mistakes ? Should have chosen fcr #3 instes of #2 ?
Can you see an early exit from this trade when there is no retracement ?
Any way I could have filtered this fakeout ?
Tks
David
Attached Image (click to enlarge)
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  • #6,194
  • Sep 21, 2009 5:56am Sep 21, 2009 5:56am
so you guys see you bracket is now down to 15pips..
now..
i will set two order one for long and one for sell.. my RR now is favaroble aswell about 20 counting the spreads and buffer..

the last LL and the last HH is simply history to me now.. but its almost after 3-4 hours.. so we got a new ball game in our hand.. now its about the break of 4659 and 4642..
watch the chart..

http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 133.gif Size: 22 KB
  • #6,195
  • Sep 21, 2009 5:56am Sep 21, 2009 5:56am
Fxahilies!!

Tell me please, Can we now consider this like the new more narrow brackets?

(white aeeows on chart)...
Attached Image (click to enlarge)
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  • #6,196
  • Sep 21, 2009 5:58am Sep 21, 2009 5:58am
Quoting fxachilies
your explanations are all always on the money my man.. I just type what i think and what i do myself.. and i know its blah blah blah sometimes .. so guys excuse me in advance.. lol

the PDF for fcr was hilarious..
come on Mon, you mean my name is not gonna to down next to Bill williams and Fibonacci Devincci..
FX,

We are all glad... bcz who or where the %$uck is Bill Williams when we need a kick in the arse or a helping hand? Your legacy will be in the minds and bank accounts of the many people you have helped here.
Unus pro omnibus, omnes pro uno
  • #6,197
  • Sep 21, 2009 5:58am Sep 21, 2009 5:58am
sorry,,, Did not see your post before my...
  • #6,198
  • Sep 21, 2009 6:01am Sep 21, 2009 6:01am
Quoting david4u
Placed a Buy Stop order 4 pips above the fcr @ 4670 .
Could not play #2 as there was no retracement to the entry point.
Out for SL of 25 pips .
Any mistakes ? Should have chosen fcr #3 instes of #2 ?
Can you see an early exit from this trade when there is no retracement ?
Any way I could have filtered this fakeout ?
Tks
David
David.. its soly your mistake.. it missed my order by one.. you know why..
bcz i go 3pips + spread.. so if your spead is 2 pips then your order must be 5 pips away.. price must go three pips in order to considered a breakout.. in this case it did only 2 pips... atleast thats what it shows in my chart..
  • #6,199
  • Sep 21, 2009 6:03am Sep 21, 2009 6:03am
Mine is at 4662 to enter long.
Quoting fxachilies
David.. its soly your mistake.. it missed my order by one.. you know why..
bcz i go 3pips + spread.. so if your spead is 2 pips then your order must be 5 pips away.. price must go three pips in order to considered a breakout.. in this case it did only 2 pips... atleast thats what it shows in my chart..
Survive and Preserve
  • #6,200
  • Sep 21, 2009 6:05am Sep 21, 2009 6:05am
Now on the bus, looks like we doing a little trip UP wall street, lets see if it can continue to Alaska.
Quoting en0x
Mine is at 4662 to enter long.
Survive and Preserve
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