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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)

  • #7,981
  • Oct 1, 2009 1:47am Oct 1, 2009 1:47am
Quoting bpips
Hey Paul,

Glad you understand what I mean about most threads and as you can see by the recent posts this is exactly what I mean. I want to read about the system, possible trade set up's and trading maybe interact with the traders and learn something. I'm sure know one wants to read useless banter such as this and the previous posts and vulgar comments by others.

I am on my way with the thread on page 50 now. Thank you for your assistance.

I will not post any further questions or continue any subject matter that compromises the integrity of...

No problems. All i would add is that if you can get in here live during the day, just look and listen ,as you will see the master hmself trading live and be able to follow his charts and trades as they go up - this greatly accelerates the learning curve. Maybe even do this wihout trading for a few days first. One thing I have learnt in this business is that the markets always open tomorrow and there is always another trade.
Survive and Preserve
  • #7,982
  • Oct 1, 2009 1:49am Oct 1, 2009 1:49am
Morning from the UK.

Another day - another runner.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #7,983
  • Oct 1, 2009 1:50am Oct 1, 2009 1:50am
Quoting tghfbt8
Open demo account and practice until you can make 100% a month.
Or print historical chart for the last two years, put list of paper and start moving it left to right while doing paper trading.
And don't forget to print EURUSD charts starting from month till 5 minutes and learning them by heart. You have to know your enemy.
As one character of Initaial D says that when he was a street racer he was racing Akina mountain even in his sleep.

Yes I think all these ideas are good. I worked froa n outfit sometie back and we all used simuators to begin with.

All I would sday and this has been said in the thread is don't get hooked on it, get in the market on a micro account so that you are trading real wonga, even if it is a few hundre $. The sensation is always different no matter what people say.

But certianly back testing useing old charts etc - brilliant idea - reinforces the method and the signals. Even make a library of your best trades ..........and your worst LOL
Survive and Preserve
  • #7,984
  • Oct 1, 2009 1:51am Oct 1, 2009 1:51am
a picture says thousends of words worth of million dollars of goods..

and I am telling you this BEFORE the fact..
is it gonna happen? who the hell know.. who cares.. but thats how is the proper way to see the PA currently..
no high expectaions.. just a test..
"enteries are a way to just test the market".. FEB

http://cdn.forexfactory.com/images/attach/gif.gif
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  • #7,985
  • Oct 1, 2009 1:52am Oct 1, 2009 1:52am
long order 4579
  • #7,986
  • Oct 1, 2009 2:07am Oct 1, 2009 2:07am
yeah i m currently testing the market long now, lets see what happens
Survive & Preserve
  • #7,987
  • Oct 1, 2009 2:36am Oct 1, 2009 2:36am
It seems like we are gonna have to play #1 here, luckly.....

Let's unfold it....
  • #7,988
  • Oct 1, 2009 2:41am Oct 1, 2009 2:41am
out long +22
sell 590
  • #7,989
  • Oct 1, 2009 2:57am Oct 1, 2009 2:57am
Quoting Dukeman900
out long +22
sell 590
can i ask why you exited?
  • #7,990
  • Oct 1, 2009 2:57am Oct 1, 2009 2:57am
Quoting Dukeman900
out long +22
sell 590
Did you bail out, Dukeman?

and R U short, now @ 4590?
  • #7,991
  • Oct 1, 2009 3:01am Oct 1, 2009 3:01am
correct
based on slow PA
  • #7,992
  • Oct 1, 2009 3:03am Oct 1, 2009 3:03am
Out for + 29 pips..

After playing #1, and breaking the FCR @ 4590....

Ready for the next one...
  • #7,993
  • Oct 1, 2009 3:06am Oct 1, 2009 3:06am
Quoting Dukeman900
correct
based on slow PA
Why do not give it a chance playing #1? and waiting till the FCR was broken?

Sometimes price stalls a lil bit and it resumes its original move strongly....

Only in my opinion, mate...
  • #7,994
  • Oct 1, 2009 3:06am Oct 1, 2009 3:06am
Quoting jplo
Out for + 29 pips..

After playing #1, and breaking the FCR @ 4590....

Ready for the next one...
I exited at 4596 after it failed to break 4600 three times. Now short at 4587
"Save your ass, then go for profit"
  • #7,995
  • Oct 1, 2009 3:17am Oct 1, 2009 3:17am
Quoting jplo
Out for + 29 pips..

After playing #1, and breaking the FCR @ 4590....

Ready for the next one...
hey j.

how did you get an entry around 4560?

thanks
  • #7,996
  • Oct 1, 2009 3:30am Oct 1, 2009 3:30am
Quoting Paul M
I exited at 4596 after it failed to break 4600 three times. Now short at 4587
Exited short at BE
"Save your ass, then go for profit"
  • #7,997
  • Oct 1, 2009 3:43am Oct 1, 2009 3:43am
SL 602
  • #7,998
  • Oct 1, 2009 3:48am Oct 1, 2009 3:48am
Out for +15 after I saw the doji & price moving fast .
JPLO how did you take +29 ? Can u tell pls your entry + exit prices .
FX , can you pls explain why you talked about the FCR #1 and not what I think it's a FCR (#2) ?
May be it's due to the huge down move , so you want to be more cautious with the reversal ?
Tks
david4u
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  • #7,999
  • Oct 1, 2009 3:58am Oct 1, 2009 3:58am
Quoting FOURX
hey j.

how did you get an entry around 4560?

thanks
Hi FOURX,

I have missed your post...

I took my entry based on a RR thing @ 4558.7....

My exit was @ 4587.5 after the FCR' break...

  • #8,000
  • Oct 1, 2009 3:59am Oct 1, 2009 3:59am
David 4U,

All I can say is you were thinking what price will do based on a doj, cant say I even know what one is as I use bar charts but looking at PA and its still short.

PA is what we look at... study.. worship... and LOVE.

PA PA PA. higher highs and lower lows etc....
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