The System II (Yes with irony)

Quoting mac1956

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Morning all from the UK.
Long at 14651.5 - testing, testing 123.

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Quoting PaulLangham

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Long 43 looks like will be playing #2

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Quoting PaulLangham

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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.

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Quoting Froggy10

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short from 1.46540, i had a sell stop in i was outside gardening when it was triggered, nice down candle...

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Quoting Froggy10

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I will go short at around 1.46556 with only half a position..

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Quoting Froggy10

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JOHN888, i explained it this afternoon to en0... it's my own calculation etc, but because it has nothing to do with this thread, i'd rather not talk about it not to upset everybody.

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Quoting wonbi

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Thanks for the input, Paul. My initial stop loss was 4647 (+spread). Guess I should have moved the trailing stop another step down to the red line which will result in lesser loss or better, get out as soon as bar X couldn't go lower. Still learning.

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Quoting PaulLangham

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Hi Wonbi,

No what I meant was you would close on a failure of that green dagger thing you have on the chart - once that fails you exit. That would be playing #2

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