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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)

  • #6,221
  • Sep 21, 2009 6:56am Sep 21, 2009 6:56am
Quoting moneda
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.
Well said
Survive and Preserve
  • #6,222
  • Sep 21, 2009 7:01am Sep 21, 2009 7:01am
Quoting elizo
The more it bounces on the highs at 70s, the more I consider that 55 bearish bus as a valid one...
... don't forget it bounces of the 40's too, which are last Friday low ...
  • #6,223
  • Sep 21, 2009 7:01am Sep 21, 2009 7:01am
Quoting elizo
The more it bounces on the highs at 70s, the more I consider that 55 bearish bus as a valid one...
yes indeed my friend.. thats why i consider these types of situations for of a valid entery then the one you took before.. based on just one hiccup .. specially when price broke throught he fcr just prior to your 4654 entery..
  • #6,224
  • Sep 21, 2009 7:04am Sep 21, 2009 7:04am
Quoting DareXau
Hi David,
your mistake was by entering to not the most recent fractal and as a result you pay the ultimate price for it,
as for example: elizo and myself had the entry @ 1.4657 where my S/L @ 1.4637 still untouched and safe from the heat.

Indeed , good point.

I also obsevred that price bounced off the lower bracket boundary before attempting to break out of the higher boundar without really stopping to 'take a run up'. Many of the really good breakouits from within brackets happen when the pressure starts buildinga nd you get HL's which build before the higher level of the bracket is pierced
Survive and Preserve
  • #6,225
  • Sep 21, 2009 7:17am Sep 21, 2009 7:17am
Short at 4654....
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  • #6,226
  • Sep 21, 2009 7:20am Sep 21, 2009 7:20am
Touchdown...
  • #6,227
  • Sep 21, 2009 7:20am Sep 21, 2009 7:20am
Quoting jplo
Short at 4654....
i am whit you!
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it's a huge gap tony, a huge gap.
  • #6,228
  • Sep 21, 2009 7:21am Sep 21, 2009 7:21am
Fxahilies...

I am now at BE... How do you consider if we will ride it some more???

Your comment...
  • #6,229
  • Sep 21, 2009 7:22am Sep 21, 2009 7:22am
What a beautiful move down....
Playing #1 now, because it is obvious a retrace coming up, sooner or later
  • #6,230
  • Sep 21, 2009 7:22am Sep 21, 2009 7:22am
Thank you for your nice words..
its a collective effort..

http://cdn.forexfactory.com/images/attach/gif.gif
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  • #6,231
  • Sep 21, 2009 7:26am Sep 21, 2009 7:26am
Now i lok + 10 pips and let it ride....
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  • #6,232
  • Sep 21, 2009 7:27am Sep 21, 2009 7:27am
I missed entire move, because I was sleeping, I thought new york season shows their real color after 9AM. But well.
Failure is the mother of success: learn from 'her'
  • #6,233
  • Sep 21, 2009 7:29am Sep 21, 2009 7:29am
guys now you got the market by its you know what.. thats right balls.. lol
don't let go so easy.. learn to leave money on the table ..
if you wanna be in the elite group..
keep playing #1
  • #6,234
  • Sep 21, 2009 7:30am Sep 21, 2009 7:30am
Quoting jplo
Short at 4654....

With you from 54 as well
Survive and Preserve
  • #6,235
  • Sep 21, 2009 7:31am Sep 21, 2009 7:31am
First of all, thanks FX, for your efforts. This is the most peaceful and funny way of trading I have ever seen.

Riding the bear now, so comfortable awaiting for the retrace and playing #1. Locked up a few pips... this is not over, for sure.

Thanks again. This thread trully changes lives.
  • #6,236
  • Sep 21, 2009 7:34am Sep 21, 2009 7:34am
Hi guys,

I just discovered this thread and is very interesting. I've read the first 10 posts, so I know abot the 20-40 pip range. How far back in posts do I need to go to know the "current" strategy?

Good job on the EURUSD short.

Cheers,

Vlad
A pip is only worth it if you know how much you risked to earn it
  • #6,237
  • Sep 21, 2009 7:39am Sep 21, 2009 7:39am
you guys know what this hiccup is all about?
it about all those people who dont listen to me.. yep
some people are cashing in.. once thats done in a bit.. the big guys get in this bearish ride from higher timeframe and price once again turns bearish.. and you and me that held there ground make money off of them..
thats all its happening..
if it doesn't then you still have made some money by exiting on top of last fcr..
  • #6,238
  • Sep 21, 2009 7:40am Sep 21, 2009 7:40am
Quoting vlady1974
Hi guys,

I just discovered this thread and is very interesting. I've read the first 10 posts, so I know abot the 20-40 pip range. How far back in posts do I need to go to know the "current" strategy?

Good job on the EURUSD short.

Cheers,

Vlad
Hi!..

I did read this thread 2 times from start to current "NOW", and still not sure about all things... I think - to understand what we are doing here, you have to read from site 1 - to 416...

Just do it... It worth!!!
  • #6,239
  • Sep 21, 2009 7:41am Sep 21, 2009 7:41am
I missed the FCR you guys used to enter short. I've got my sell stop programmed for this pullback. Anyone else going to enter on a BB trade?
  • #6,240
  • Sep 21, 2009 7:42am Sep 21, 2009 7:42am
Quoting vlady1974
Hi guys,

I just discovered this thread and is very interesting. I've read the first 10 posts, so I know abot the 20-40 pip range. How far back in posts do I need to go to know the "current" strategy?

Good job on the EURUSD short.

Cheers,

Vlad
refer to post 4734.. and go from there..
there is a little back and forth.. lol.. its well worth it tough..
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