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The System II (Yes with irony)

  • #8,241
  • Oct 2, 2009 10:32am Oct 2, 2009 10:32am
Be careful, I have more then once doubled my position accidentally ... That is the bad part. Just sometimes not double checking the radio button is on sell


Also you have quick keys in Oanda, f3 buy market execution f4 sell market execution f5 limit buy f6 limit sell.

Might already know that but took me 4 months to find that out


Quoting feb2865
oh man thanks a lot!!! I am so use to do it automatically on futures....now I know.
Survive and Preserve
  • #8,242
  • Oct 2, 2009 10:39am Oct 2, 2009 10:39am
Quoting en0x
Yes, I really felt deep in the pits today. I was almost ready to throw in the towel and go, heck I will just pay someone to trade for me (managed fund or some rubbish), but that is not the winner's attitude. The winners attitude is to take it on in the face of defeat. To have your face rubbed into the ground over and over and over again , and then standing up and taking it on again.

The only problem is , you get that nagging feeling ( its a self doubting feeling I am sure everyone has had in any endeavor they have done and if you haven't then screw...
I've been on this game since 1981 and I lost count on how many times I quit!!! or wanted too...I tell you brother, the feeling will never go away....

Just look at me now!!! I am still here LOL!!!
Peace
  • #8,243
  • Oct 2, 2009 10:44am Oct 2, 2009 10:44am
ok guys the classic 123 (what this thread started as)is set up
  • #8,244
  • Oct 2, 2009 10:46am Oct 2, 2009 10:46am
have you took it feb/fx?
  • #8,245
  • Oct 2, 2009 10:47am Oct 2, 2009 10:47am
enox,
keep you chin up and stand tall my friend..
you not alone here.. you got your system II family here.. we will work on it to turn the ship around for you.. you got my support and help..
look for my pm tonight..

FX..
  • #8,246
  • Oct 2, 2009 10:49am Oct 2, 2009 10:49am
Quoting FOURX
have you took it feb?

You mean this short now or the morning long after the news??
Peace
  • #8,247
  • Oct 2, 2009 10:55am Oct 2, 2009 10:55am
Quoting FOURX
ok guys the classic 123 (what this thread started as)is set up
yes,this trade now
  • #8,248
  • Oct 2, 2009 10:58am Oct 2, 2009 10:58am
Quoting FOURX
yes,this trade now

oh man..sorry I am out for the day...I Joined the bears slaughter party this morning and I am really stuffed...LOL
Peace
  • #8,249
  • Oct 2, 2009 11:00am Oct 2, 2009 11:00am
feb

I feel this thread should have been left as classic 123 break, as the introduction of fcr (which is a method of its own) led to a lot of ambiguity
  • #8,250
  • Oct 2, 2009 11:12am Oct 2, 2009 11:12am
Quoting FOURX
feb

I feel this thread should have been left as classic 123 break, as the introduction of fcr (which is a method of its own) led to a lot of ambiguity

Tell me exactly where do you see the confusion.....express yourself and we take it from there....deal??

Allow me some times 'cause I am srtaaaaaarving please...
Peace
  • #8,251
  • Oct 2, 2009 11:17am Oct 2, 2009 11:17am
Quoting FOURX
feb

I feel this thread should have been left as classic 123 break, as the introduction of fcr (which is a method of its own) led to a lot of ambiguity
i believe the FCR is an excellent tool, it allows us to get into a trade earlier than a 123 would, and get out earlier if the 123 doesnt quite work as planned. just my opinion.
  • #8,252
  • Oct 2, 2009 11:41am Oct 2, 2009 11:41am
Hi, Feb
I [email protected], now PA move slowly, so I think price will go flat or choopy( but still bear bias). so where should I put my stoploss? above 4619 or above 4647?
Thank you!
  • #8,253
  • Edited 2:59pm Oct 2, 2009 1:38pm | Edited 2:59pm
Quoting en0x
Yes, I really felt deep in the pits today. I was almost ready to throw in the towel and go, heck I will just pay someone to trade for me (managed fund or some rubbish), but that is not the winner's attitude. The winners attitude is to take it on in the face of defeat. To have your face rubbed into the ground over and over and over again , and then standing up and taking it on again.

The only problem is , you get that nagging feeling ( its a self doubting feeling I am sure everyone has had in any endeavor they have done and if you haven't then...
Hey Enox,

I hope you don`t mind if I come in and give you my thoughts.

First up, your posts are amongst the most valuanble on this thread, so please bury any idea of throwing in the towel brother - that ain`t gonna rub with me You are needed here.

OK so to the problem in hand. Yep like others are saying there will be rough days and weeks, thats gonna happen, like Fx and Feb have said make loosing part of your agenda.

About quitting, yep who on this thread hasn`t thought,"oh man isn`t it easier to not do this rather than do it ?" But it`s at this point you have to kick again and kick hard. Ask yourself the question, "Have I really done everything possible to achieve my goal", we can all, me included always go the extra percentage.

So about your Asian session, maybe you have in fact answred your own question and the question raised by Vlady. So what`s with the idea that you become the master of the Asian +21 club my friend, if that`s what the market gives overnight, you can see it, then trade it, take what it gives you

Stick to thatsession, perfect it, then you`ll be our Asian guru, so when I can`t sleep at night, I can come on and you can keep me and a few others straight from making Asian mistakes..

To quote FX, you think I am "talking all pussy", well I am not. My way of facing what you think might be defeat is to stare it in the face and break it down, break it down with your own skill, ambition and resources. So you have to do the same. And you have so many good guys on this thread here to help if there are questions.

So what do you say ?
Survive and Preserve
  • #8,254
  • Oct 2, 2009 1:54pm Oct 2, 2009 1:54pm
Hi

Here are my trades for today.

I stopped pretty quickly during the London session, just two trades.

After the NFP I took one trade and added a second positioon whilst I was in profit. Not sure what I was doing coming out whwre I did on the second postion, a little too eartly to say the least.

Any comments welcome.
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Survive and Preserve
  • #8,255
  • Oct 2, 2009 3:54pm Oct 2, 2009 3:54pm
hey guys Derren Brown is live on TV here in the uk right now and about to place a £5000 bet on a single number on a roulette wheel to win viewer £175,000 @ 35/1
  • #8,256
  • Oct 2, 2009 4:56pm Oct 2, 2009 4:56pm
Quoting FOURX
hey guys Derren Brown is live on TV here in the uk right now and about to place a £5000 bet on a single number on a roulette wheel to win viewer £175,000 @ 35/1

that expalines why you can not make fcr and etc.. to work for you here..
  • #8,257
  • Oct 2, 2009 5:06pm Oct 2, 2009 5:06pm
Quoting fxachilies
that expalines why you can not make fcr and etc.. to work for you here..
i did not say i could not make fcr's work, so dont be so touchy
  • #8,258
  • Oct 2, 2009 6:58pm Oct 2, 2009 6:58pm
Quoting FOURX
feb

I feel this thread should have been left as classic 123 break, as the introduction of fcr (which is a method of its own) led to a lot of ambiguity
Well, in some respect it's true.
Classic 123 is trend is your friend while fcr is about trend reversal.
  • #8,259
  • Oct 2, 2009 7:07pm Oct 2, 2009 7:07pm
Quoting FOURX
i did not say i could not make fcr's work, so dont be so touchy
FOURX,

So what is your point?

Feb asked you to support your statement as to why you find the addition of the FCR approach ambiguous etc.. and you have not responded here so that we can all follow your reasoning. Instead you choose to respond defensively to FX and accused him of being "touchy".. I guess you find it easier to be sarcastic than to give an answer that requires some thinking and accountability for what comes out of your mouth.

We are waiting for your explanation..... I know that Feb will try to help you with your ambiguity.
Unus pro omnibus, omnes pro uno
  • #8,260
  • Oct 2, 2009 7:11pm Oct 2, 2009 7:11pm
Quoting tghfbt8
Well, in some respect it's true.
Classic 123 is trend is your friend while fcr is about trend reversal.
tghfbt8,

Can you please explain in more details where is the truth to FOURX 's statement that introducing the fcr has created ambiguity here? I could clarify a couple of things for you...but I prefer if you do the thinking since you are the one sharing your perspective.
Unus pro omnibus, omnes pro uno
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