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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)

  • #7,901
  • Sep 30, 2009 6:16am Sep 30, 2009 6:16am
Quoting mac1956
This is looking suspiciously like a nice long fcr while I'm in short...
I am back, looks like i missed some fun. I know this has been ranging for a while but i am really reluctant to go long again after such big moves in asia and London sessions. I will set one up anyway (off HH) at 4677 and see what happens. setup a short as well at 4651
"Save your ass, then go for profit"
  • #7,902
  • Sep 30, 2009 6:17am Sep 30, 2009 6:17am
Good morning to all. I think we have ourselves a Bracket. 4655 looks tasty.
  • #7,903
  • Sep 30, 2009 6:20am Sep 30, 2009 6:20am
Quoting gevellber02
?

G,
if i don't answer a post is for a reason... i see every post..

I have explained this sl issue atleast several times just recently.. please look for it..

earlier today I had a back and forth converstaion with you in regards to the live trade.. plenty of information and insight i led on..
I can't afford to spend all the time with one person specially if it is a repeated questions..

I like you and your making some progress.. but i would like to see you dig in a lil more on your own.. self learning is poweful..
if you think Feb hand this to me on a sliver platter your wrong... he droped a line and forced us to think till our brain exploded..
i never got the attention/support that your getting from I and some of the other guys here then I ever got from feb.. live trade!!!.. walk through of realtime!!!.. live commentary..!!!.. please.. we got none of that.. (not that anything is wrong with his approach)..
  • #7,904
  • Sep 30, 2009 6:23am Sep 30, 2009 6:23am
Long at 71. Anyone with me?
  • #7,905
  • Sep 30, 2009 6:27am Sep 30, 2009 6:27am
Quoting mac1956
You're so right Moneda,

I've come out at -5. I'm going to have a cup of coffee and get my head in order before I look at this again.
Mac and others,

Good idea, center yourself or you may jump in the wrong bus! .. Okay, here is the definition of the word IF and THEN according to the dictionary:

IF: In the event that. Is very subtle but there is no prediction involved...it is more like being prepared for a particular eventuality.... like a venus fly trap...it stays open... and IF something lands... SNAP!

THEN: Next in time, space or order,immediately afterward.
That is the SNAP! jump in no hesitation.

Watch your thoughts and how they set you up for trading...

Unus pro omnibus, omnes pro uno
  • #7,906
  • Sep 30, 2009 6:29am Sep 30, 2009 6:29am
Thanks FX for your compliments
text book stuff including my partial exits ?
Do you see any problem with my partial exits ?
or it's more like the discussion
21pips vs runner
I know it's not the way you play it ...
I used to play that way :
For example if I enter a trade and the Hard SL is 20 pips
so If I am +20 up I may close 40% that represent 8 pips
If I am +40 pips up I may close 40% more that represent 16 pips
and the rest 20% according to PA/last fcr
That way you put money in your pocket along the trade .
As everything in live , it has pro & con .
Would like to hear your opinion on that .
Tks
David


Quoting fxachilies
good job David.. text book stuff..
atta way to stay on top of things with your perfect entery and nice finish.. A+
  • #7,907
  • Sep 30, 2009 6:33am Sep 30, 2009 6:33am
Quoting Alan_D
Long at 71. Anyone with me?
hay
not me..... you now you got HH at 4673. it to risky. i would enter at 4677
good luck
it's a huge gap tony, a huge gap.
  • #7,908
  • Sep 30, 2009 6:33am Sep 30, 2009 6:33am
Coming up at 1.15 gmt, may be a good time to be on the sidelines?
testing the market
  • #7,909
  • Sep 30, 2009 6:37am Sep 30, 2009 6:37am
Quoting Alan_D
Long at 71. Anyone with me?

no thanks.. ..

you do realize we are inside of a bracket.. why not wait for the BB..
just a thought..
  • #7,910
  • Sep 30, 2009 6:41am Sep 30, 2009 6:41am
waiting for the BB ...
david4u
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  • #7,911
  • Sep 30, 2009 6:46am Sep 30, 2009 6:46am
Tks John
I will cancel my pending orders ....
david4u

Quoting John888
Coming up at 1.15 gmt, may be a good time to be on the sidelines?
  • #7,912
  • Sep 30, 2009 6:51am Sep 30, 2009 6:51am
Quoting david4u
Thanks FX for your compliments
text book stuff including my partial exits ?
Do you see any problem with my partial exits ?
or it's more like the discussion
21pips vs runner
I know it's not the way you play it ...
I used to play that way :
For example if I enter a trade and the Hard SL is 20 pips
so If I am +20 up I may close 40% that represent 8 pips
If I am +40 pips up I may close 40% more that represent 16 pips
and the rest 20% according to PA/last fcr
That way you put money in your pocket along the trade .
As everything in live , it has...

like you said it not the way i do things.. I am all or nothing guy.. i keep things simple..

now I never stress to you guys much about exits and profit taking.. its entirely a personal issue..
I just want to make sure you guys don't give in to markets twist and truns so quickly since we are trading noise.. and led thing to develop and then make sound decision.. now sometimes it leads to bank 80 +and other times 20.. and other times BE or small loss..
whats important is how you handel things after trigger time.. as to how you hold your ground and not faulter easy..

you banked total of 48 pips in total... that is a solid profit.. that is a average of runner profitablity.. but.. in order to end up with that avg you must end up with your fear and share of loner ones.. like Pauls +110.. jplo's 74+..
  • #7,913
  • Sep 30, 2009 6:51am Sep 30, 2009 6:51am
testing the BB ,short at 4651
it's a huge gap tony, a huge gap.
  • #7,914
  • Sep 30, 2009 7:07am Sep 30, 2009 7:07am
Hello,

Okay, keep it simple atm... the market is writing the script... do not over analyze .... breathe... enjoy the ride!
Unus pro omnibus, omnes pro uno
  • #7,915
  • Sep 30, 2009 7:07am Sep 30, 2009 7:07am
same story as earlier today... hold your ground.. let it develop..
if money left on the table is a issue for you go ahead and bank your 10-15 pips now..
  • #7,916
  • Sep 30, 2009 7:11am Sep 30, 2009 7:11am
Hi again guyz,

I have to leave home on a sudden so I could not following you too much this morning....

I've luckly just to go out after catching the nice bullish move......but now I have to leave again maybe for 2 or 3 hours...... ....

Anyway my congrats to all of you that could catch some pips, and even more, to all of you who played so well its options....

For the very newbies that have just arrived:
You have to totally blindly trust, and follow right to the pip, all of the advises from The Boss (Fxachilies), if you wanna become successful in this way of trading....

It is telling you one person that a couple of months ago, had a lot of junk things into mind....

Still a lot to walk for me, but I've already walked a very little distance...

I don't even have to say, but we are so so lucky to have a buddy like him, sharing his success, thoughts and experience with us... and even more, in real time, trading live with us.....

See you later...
  • #7,917
  • Sep 30, 2009 7:20am Sep 30, 2009 7:20am
i shorted in on 1.4651 but closed for 10 pips because it started going up really fast and i got a little scared so decided to play a safer game and exit with just a little profit and save my nerves for later anyone else got into that same trade?
edit: but no it went back so we still have a trade right ? haha
  • #7,918
  • Sep 30, 2009 7:34am Sep 30, 2009 7:34am
Bugger this for a game of soldiers. I'm going to bed. Good luck to you all
"Save your ass, then go for profit"
  • #7,919
  • Sep 30, 2009 7:48am Sep 30, 2009 7:48am
Hi guys... out of the desk for several hours... what did you do! You had fun, huh!

So now I am at BE, got busted on the fake bullish signal this morning but caught the second one. Hopefully the NY session will be as fun as the London one.

I realise the thread is growing and growing. Thanks to FX, it's incredible what he did. But guys, now seriously: I arrived a month ago and definitely did most of my work on my own. Whenever I had a question, all the people around were kind enough to answer. But this is not primary school. Let's try to think by ourselves. It's your accounts and your money, so it's your decission making what will take you to hell or heaven.

The thread is getting giant, which is good, but we cannot be here to ask if it's ok or not to enter. Do it, make mistakes, analize them by yourself, and if you still don't find what you are looking for, ask the comunity. We are here to help. Being this said, thanks everybody for helping each other.

Ok, back to work!
  • #7,920
  • Sep 30, 2009 8:29am Sep 30, 2009 8:29am
Good Morning.
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Peace
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