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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)

  • #7,821
  • Sep 30, 2009 1:54am Sep 30, 2009 1:54am
short trade should not be prior to break of 4613.. with spead and all makes it an entery at 4608..
just an an advise..
  • #7,822
  • Sep 30, 2009 1:57am Sep 30, 2009 1:57am
Quoting Paul M
Thanks FX, I can stop searching the thread, looking for that elusive FCR definition now. Thanks also for you words of encouragement
yes Paul... try to see the big picture..
the tools that we got here there just tools.. don't worship anything.. but practise them to sharpen those naked eyes... then you will spot opportunties like never before just simply by looking..
  • #7,823
  • Sep 30, 2009 2:00am Sep 30, 2009 2:00am
Quoting fxachilies
short trade should not be prior to break of 4613.. with spead and all makes it an entery at 4608..
just an an advise..
thanks fx, i'll keep that in mind..

cheers

HR
  • #7,824
  • Sep 30, 2009 2:02am Sep 30, 2009 2:02am
Quoting fxachilies
short trade should not be prior to break of 4613.. with spead and all makes it an entery at 4608..
just an an advise..

Fx, can you say a bit more about that?
$urvive, Pre$erve & RESPECT THE TEACHER
  • #7,825
  • Sep 30, 2009 2:09am Sep 30, 2009 2:09am
Quoting mac1956
Fx, can you say a bit more about that?
yes your bracket line should be at 4613... I don't know what else I can say..
watch my chart..
http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 133.gif Size: 20 KB
  • #7,826
  • Sep 30, 2009 2:09am Sep 30, 2009 2:09am
Quoting mac1956
Fx, can you say a bit more about that?

What I mean is - none of the tails on any of the candles marking the bottom of that bracket go below 14615, whihc suggests +3 and the spread (+2) with Igindex. Is this just an anomaly of different charting programs?
$urvive, Pre$erve & RESPECT THE TEACHER
  • #7,827
  • Sep 30, 2009 2:11am Sep 30, 2009 2:11am
Quoting fxachilies
yes your bracket line should be at 4613... I don't know what else I can say..
watch my chart..
http://cdn.forexfactory.com/images/attach/gif.gif

Yes, there is a 2 pip difference between your chart and mine. That's a bit worrying!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #7,828
  • Sep 30, 2009 2:18am Sep 30, 2009 2:18am
Quoting mac1956
Yes, there is a 2 pip difference between your chart and mine. That's a bit worrying!
I guess so... but just to insert some commonsense, its better to be triggere 2pips later than 2pips early and be in a nasty unnecesary fakeout battle.. (not to say my chart is right and yours is wrong.. all brokers are 2-3 pips off.. nothing you can do about it)
so maybe give it 1-2 pips more buffer..
thats what i will do..
  • #7,829
  • Sep 30, 2009 2:18am Sep 30, 2009 2:18am
Hi Everyone,

Looking forward to another day's trading.
Survive and Preserve
  • #7,830
  • Sep 30, 2009 2:20am Sep 30, 2009 2:20am
Quoting fxachilies
I guess so... but just to insert some commonsense, its better to be triggere 2pips later than 2pips early and be in a nasty unnecesary fakeout battle.. (not to say my chart is right and yours is wrong.. all brokers are 2-3 pips off.. nothing you can do about it)
so maybe give it 1-2 pips more buffer..
thats what i will do..
Thanks
$urvive, Pre$erve & RESPECT THE TEACHER
  • #7,831
  • Sep 30, 2009 2:22am Sep 30, 2009 2:22am
what a slow Londi open.... what going on in your city Macdaddy.. lol
I rather see my sl hit and get bearish run going then going back inside this bracket stall price.. lol

I take it market don't give shit about what i want, or what i think, or what i wish.. he does what he does when it wants to, how it wants.. lol..

but he got one weakness and that is...
he must reveal everything with price.. and thats where we come in to catch him and hold him by the balls and ride him..

If and then baby..
  • #7,832
  • Sep 30, 2009 2:28am Sep 30, 2009 2:28am
short @ 4611 bcz bracket broken.
Attached Image (click to enlarge)
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  • #7,833
  • Sep 30, 2009 2:32am Sep 30, 2009 2:32am
just got my wish..
had my 31 pips sl hit.. rinse and repeat..
with IF and THEN.. back at it with his new direction..

classic display of cutting loser short and go with current swing..
could be a runner? who knows.. do i care?

I stick to my plan gentelmen..
you all know what it is.. right?
  • #7,834
  • Sep 30, 2009 2:37am Sep 30, 2009 2:37am
are you holding your ground?

I am..

fakeout is coming maybe? you bet its coming..

are you gonna faluter? are you gonna give in so quick?

fuck no.. stand tall..
you got a fcr at 22.. and sl should be above it.. and wait for things to develop..
  • #7,835
  • Sep 30, 2009 2:37am Sep 30, 2009 2:37am
Be like the surfer, always in search of that perfect wave.

i have my stop at 26
  • #7,836
  • Sep 30, 2009 2:43am Sep 30, 2009 2:43am
Quoting fxachilies
are you holding your ground?

I am..

fakeout is coming maybe? you bet its coming..

are you gonna faluter? are you gonna give in so quick?

fuck no.. stand tall..
you got a fcr at 22.. and sl should be above it.. and wait for things to develop..
yes sl exactly as stated fx, in for the long haul...
  • #7,837
  • Sep 30, 2009 2:44am Sep 30, 2009 2:44am
test
  • #7,838
  • Sep 30, 2009 2:45am Sep 30, 2009 2:45am
Quoting fxachilies
are you holding your ground?

I am..

fakeout is coming maybe? you bet its coming..

are you gonna faluter? are you gonna give in so quick?

fuck no.. stand tall..
you got a fcr at 22.. and sl should be above it.. and wait for things to develop..

Standing firm !
Survive and Preserve
  • #7,839
  • Sep 30, 2009 2:48am Sep 30, 2009 2:48am
i am BE, i didn't like the 8:40 (londi) bar
it's a huge gap tony, a huge gap.
  • #7,840
  • Sep 30, 2009 2:51am Sep 30, 2009 2:51am
Good morning FX
I remember a post , I think by jplo explaning ...
that for Long trades we add 3 (buffer) + 2 (spread) = 5
BUT for Short trades we add ONLY the 3 for the buffer w/o the spread
Pls advice
Regards
David

Quoting fxachilies
short trade should not be prior to break of 4613.. with spead and all makes it an entery at 4608..
just an an advise..
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