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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)

  • #8,321
  • Oct 4, 2009 8:30pm Oct 4, 2009 8:30pm
Dont worry, its tasmania, you have another head

Quoting Froggy10
en0x thanks for pointing that out... ( i'm getting senile)..lol
Survive and Preserve
  • #8,322
  • Oct 4, 2009 8:34pm Oct 4, 2009 8:34pm
en0x... it helps whan you have to screens..lol
  • #8,323
  • Oct 4, 2009 8:34pm Oct 4, 2009 8:34pm
two screens sorry
  • #8,324
  • Oct 4, 2009 9:14pm Oct 4, 2009 9:14pm
who is still holding on?
if you are still in the long trade and have held on.. nice job.. passing two hurdels in such a tight movment its not easy.. there is lack of speed but i guess this is the nature of this session for most part..

keep hanging or if your gonna bail.. try to do it right at top for a close to a max profit... then look for reentery or the otherway..
  • #8,325
  • Oct 4, 2009 9:20pm Oct 4, 2009 9:20pm
FX, i'm still in.. but i have a TP at 1.46457 and a trailing stop behind... so one way or another i should be ok... it must be hard for you to trade at night?? i used to do it years ago... not anymore... too hard for me... cheers
JEAN
  • #8,326
  • Oct 4, 2009 9:25pm Oct 4, 2009 9:25pm
I will go short at around 1.46556 with only half a position..
  • #8,327
  • Oct 4, 2009 9:38pm Oct 4, 2009 9:38pm
Why 4655? (excuse the lack of pippettes, they drive me crazy )

Quoting Froggy10
I will go short at around 1.46556 with only half a position..
Survive and Preserve
  • #8,328
  • Oct 4, 2009 9:43pm Oct 4, 2009 9:43pm
right now we got a small fcr at 33.. sl should be below it..
this is a strong postion to be in.. you are locked in some profit 10-12 pips and waiting for the reall burst if its meant to happen..
everything that you have done up to now.. all the patience and passing the two hurdels is to position yourself strongly..
  • #8,329
  • Oct 4, 2009 9:45pm Oct 4, 2009 9:45pm
out now, taken out by TSL.. happy anyway. It's a very slow session... en0x, i calculate my own support resistance based on figures from last 2 days, they are not real pivots but they give me an idea where price SHOULD meet support or resistance, i usually don't trade off them , it's more like a visual spot on the chart. We'll see if this one works out?? cheers
  • #8,330
  • Oct 4, 2009 9:50pm Oct 4, 2009 9:50pm
well guys i put my trade on cruise control.. i let be and going to bed so i be fresh for london session open..
I either make 12 pips or catcha runner for 40.. either way i be happy bcz i played the game correctly..
take care..
  • #8,331
  • Oct 4, 2009 9:53pm Oct 4, 2009 9:53pm
Have a good sleep FX.. cheers
  • #8,332
  • Oct 4, 2009 10:44pm Oct 4, 2009 10:44pm
Closed long, short now in effect 4630.


Quoting Froggy10
Have a good sleep FX.. cheers
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Survive and Preserve
  • #8,333
  • Oct 4, 2009 10:53pm Oct 4, 2009 10:53pm
Quoting en0x
Closed long, short now in effect 4630.
Been away from the screen for a while, will have to wait for retrace now. Missed the earlier long on eur, but caught the similar move on aud 30 mins earlier, so that was a nice start to the week.

cheers
testing the market
  • #8,334
  • Oct 4, 2009 11:49pm Oct 4, 2009 11:49pm
I am busy playing number 2 here. trying to get out of this trade.
Quoting John888
Been away from the screen for a while, will have to wait for retrace now. Missed the earlier long on eur, but caught the similar move on aud 30 mins earlier, so that was a nice start to the week.

cheers
Survive and Preserve
  • #8,335
  • Oct 5, 2009 12:35am Oct 5, 2009 12:35am
Quoting en0x
I am busy playing number 2 here. trying to get out of this trade.
I'm nursing a long AUD trade, its almost in #2 territory, the market wants to draw this out and make us suffer as long as possible. And we've got to wait an hour longer for London, with daylight savings.
testing the market
  • #8,336
  • Oct 5, 2009 12:57am Oct 5, 2009 12:57am
Quoting en0x
I am busy playing number 2 here. trying to get out of this trade.
These are my two trades, hope to get some comments. Thanks in advance.
Did I wait too long for to exit my 1st trade? Was my stop-loss too small for the 2nd trade?
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  • #8,337
  • Oct 5, 2009 1:14am Oct 5, 2009 1:14am
Hi All,

Ready for another week.

Good trading to all.
Survive and Preserve
  • #8,338
  • Oct 5, 2009 1:17am Oct 5, 2009 1:17am
Quoting feb2865
Listen everyone.

First I would like to suggest to anyone coming to this thread to take time and effort to study the materials. The basics at least. It's really frustrating for one whenever someone go with something like.... what is 1-2-3?...or what is a swing??? where I suppose to place the stop...how many pips? I mean, please gimme a break will ya? These questions has been answered to death on this forum...

I believe I wrote my stuff clear and concise. You need to know beforehand what is this thread all about and what is not. [b][u]Stop this...
Bingo.

Spot on feb - thats the way it is and people need to know it.
Survive and Preserve
  • #8,339
  • Oct 5, 2009 1:19am Oct 5, 2009 1:19am
Quoting wonbi
These are my two trades, hope to get some comments. Thanks in advance.
Did I wait too long for to exit my 1st trade? Was my stop-loss too small for the 2nd trade?
Hi Wonbi,

I would just say that if you had given the trade 1 a little more space, dropped the SL after the formation of the FCR and played #2 correctly then you could have been out at a slight profit of BE.

I hope that helps.
Survive and Preserve
  • #8,340
  • Oct 5, 2009 1:20am Oct 5, 2009 1:20am
Long 43 looks like will be playing #2
Survive and Preserve
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