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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)

  • #8,041
  • Oct 1, 2009 5:37am Oct 1, 2009 5:37am
Quoting just_Mike
I second that.

Really a great person in contrast to other "Feb"-wannabees.

It's funny how you can never really make a person look taller by cutting someone elses' head off.
You kill the comp;iment stone dead.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,042
  • Oct 1, 2009 5:41am Oct 1, 2009 5:41am
just got stopped and i;m on my way to second sl. actuall i just got it.. it erased all my profits for today and i lost additional pips. thats a total absurd and i dont think i am ever going to make consistent profit with that style of trading. that stiupid situation is probably because of the news, but i am not really interested in them. so i should stop trading around news time perhaps you can advise me
  • #8,043
  • Oct 1, 2009 5:49am Oct 1, 2009 5:49am
I will share with you my news policy in hopes it helps you. If I am welland truly in profit, I will set my stop tight, But I never initiate a trade around a major announcement like Employment numbers. Hope this helps
  • #8,044
  • Oct 1, 2009 5:52am Oct 1, 2009 5:52am
long 4559
Attached Image (click to enlarge)
Click to Enlarge Name: 19.gif Size: 11 KB
it's a huge gap tony, a huge gap.
  • #8,045
  • Oct 1, 2009 5:54am Oct 1, 2009 5:54am
Quoting mac1956
I absolutely understand how surprised you must feel after all that work and thought. YOu've obviously worked bloody hard at it and you want to contribute. But I'm not surprised at Fx's reaction, nor my own, or anyone elses' for that matter - and I mean you no offence at all I promise you - I'll tell you why if you'll humour me.
I initially trawled through the thread thinking as you, "This could do with putting into a manual - trim it down a bit, make it cleare and more accessible"...I asked dumb questions and did dumbarse things (still do as a...
This excellent intelligent post comes from a guy that I was the most hard on and harsh at times.. Macdaddy is by far one of my favorite guys in here not bcz of this post but because of his true honesty and being a genuine guy.. I spoted that in the very begining and I have told him before and say it again that i will break my back for a guy like that..

Sir.Mac.. Thank you for being part of our family.. its a pleasure.
  • #8,046
  • Oct 1, 2009 5:58am Oct 1, 2009 5:58am
Quoting Alan_D
I will share with you my news policy in hopes it helps you. If I am welland truly in profit, I will set my stop tight, But I never initiate a trade around a major announcement like Employment numbers. Hope this helps
yeah i just made a bad mistake, i just look at the screen without even bothering to know when do these news come out and thats it.. thanks

p.s. i also took that long trade lets see what will happen
  • #8,047
  • Oct 1, 2009 6:07am Oct 1, 2009 6:07am
Quoting fxachilies
This excellent intelligent post comes from a guy that I was the most hard on and harsh at times.. Macdaddy is by far one of my favorite guys in here not bcz of this post but because of his true honesty and being a genuine guy.. I spoted that in the very begining and I have told him before and say it again that i will break my back for a guy like that..

Sir.Mac.. Thank you for being part of our family.. its a pleasure.

Respect to you my friend.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,048
  • Oct 1, 2009 6:08am Oct 1, 2009 6:08am
Guys

keep an ear on the ground...we might have a rocky morning.....be careful.
Peace
  • #8,049
  • Oct 1, 2009 6:11am Oct 1, 2009 6:11am
Yeah worst thing was, the drop of 50 pips was 15 mins prior to the news... it beat me with a baseball bat with spikes in it.
Quoting feline207
yeah i just made a bad mistake, i just look at the screen without even bothering to know when do these news come out and thats it.. thanks

p.s. i also took that long trade lets see what will happen
Survive and Preserve
  • #8,050
  • Oct 1, 2009 6:12am Oct 1, 2009 6:12am
we have ISM in 45 mins

Quoting feb2865
Guys

keep an ear on the ground...we might have a rocky morning.....be careful.
Survive and Preserve
  • #8,051
  • Oct 1, 2009 6:18am Oct 1, 2009 6:18am
I am going to hold probably passing 10:30 AM . Maybe I'll take the other side of the ISM....all depends....I'll let you'll know....
Peace
  • #8,052
  • Oct 1, 2009 6:39am Oct 1, 2009 6:39am
Quoting gevellber02
long 4559
stopped out +3
it's a huge gap tony, a huge gap.
  • #8,053
  • Oct 1, 2009 7:16am Oct 1, 2009 7:16am
short 4549
it's a huge gap tony, a huge gap.
  • #8,054
  • Oct 1, 2009 7:18am Oct 1, 2009 7:18am
am i the wrong one or that eurusd is behaving like sh*t last couple of hours. got into another "wrong long" .. now shorting and looking for a way to recover maybe half of my losses.. and even that would be a true miracle ;d
  • #8,055
  • Oct 1, 2009 7:27am Oct 1, 2009 7:27am
Yep got out with 8. ATR is washed out short.
  • #8,056
  • Oct 1, 2009 7:31am Oct 1, 2009 7:31am
Felin, I saw the long signal, but as we saw earlier, bad timing. Also with Big Ben on this morning and then that followed by ISM, it was time for me to sit and watch. Then we got the short signal. Just my view on things and how I played it. "The Trade" if you will was short at 4590 earlier this morning. Head up and keep watching. It will get clearer.
  • #8,057
  • Oct 1, 2009 7:36am Oct 1, 2009 7:36am
hay
price has made a LL and new mini FCR was formed (4552) and now my SL is above it
it's a huge gap tony, a huge gap.
  • #8,058
  • Oct 1, 2009 7:38am Oct 1, 2009 7:38am
yeah i know but i just made too many wrong trades today. started with 25-30 pip profit and was happy about it , because its not bad for me. and then i got stopped 2 times and got into a big loss and now even bigger with the false long. doesnt matter. i will continue seeking an opportunity to get in a right direction. if i cant manage to do that today, perhaps i will succeed tomorrow good luck to you !
  • #8,059
  • Oct 1, 2009 7:39am Oct 1, 2009 7:39am
Went short from 14556 (bit early)
and just out at 14545 +11
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,060
  • Oct 1, 2009 7:44am Oct 1, 2009 7:44am
Quoting mac1956
Went short from 14556 (bit early)
and just out at 14545 +11
well at least you are in profit. i still havent learned to take the small fcrs right at the moment and draw some pips out of them.most often the situation gets clear for me only when it is already too late to execute the position.it seems that you took the trade right at the next bar before it was closed
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