The System II (Yes with irony) | Page 419 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

Attachments: The System II (Yes with irony)
Exit Attachments

The System II (Yes with irony)

  • #8,361
  • Oct 5, 2009 3:46am Oct 5, 2009 3:46am
taking a shot at short here 4610..

can anyone tell me why?
  • #8,362
  • Oct 5, 2009 3:57am Oct 5, 2009 3:57am
Quoting fxachilies
taking a shot at short here 4610..

can anyone tell me why?
BB

there was a fakeout to the upside, it is now testing the bottom?
  • #8,363
  • Oct 5, 2009 3:59am Oct 5, 2009 3:59am
Price has been moving to the upside all night, possible profit taking will produce short trades.
  • #8,364
  • Oct 5, 2009 4:04am Oct 5, 2009 4:04am
Quoting FOURX
BB

there was a fakeout to the upside, it is now testing the bottom?
so what.. we get a lot of same situations such as this..

ben,
not that big of a large up move to be tasety enough to pull benjies..



give you guys a hint..
is it about X's and O's???
  • #8,365
  • Oct 5, 2009 4:16am Oct 5, 2009 4:16am
looking to take a shot on top 4642..

anyone can tell me why?
  • #8,366
  • Oct 5, 2009 4:19am Oct 5, 2009 4:19am
42 is the FCR of a large Swing that didnt follow thorugh?
  • #8,367
  • Oct 5, 2009 4:23am Oct 5, 2009 4:23am
Quoting benkm108
42 is the FCR of a large Swing that didnt follow thorugh?
large swing is history.. but ya, it could be.. its got teeth but not sexy Ben.. but i like your brain storming..
which is hell a lot more than i can say about other 28 people here..
C'mon guyz... i gave you guys a hint too..

here is another one..
think mental!!!!!!!
  • #8,368
  • Oct 5, 2009 4:25am Oct 5, 2009 4:25am
its the new bracket?

edit, if it broke this price would no longer be making LH's, hence possible trend reversal?
  • #8,369
  • Oct 5, 2009 4:28am Oct 5, 2009 4:28am
Quoting fxachilies
looking to take a shot on top 4642..

anyone can tell me why?
FCR at 38, plus spread, plus 3 pips. The market is stalling and sooner or later will show his face. A way to test the waters...
  • #8,370
  • Oct 5, 2009 4:28am Oct 5, 2009 4:28am
No Ben.. good job though..

another hint and question..
does it have to be about X's and O's?
  • #8,371
  • Oct 5, 2009 4:29am Oct 5, 2009 4:29am
Quoting benkm108
its the new bracket?

edit, if it broke this price would no longer be making LH's, hence possible trend reversal?
i agree ben, also it will go long of the london open?
  • #8,372
  • Oct 5, 2009 4:29am Oct 5, 2009 4:29am
Quoting fxachilies
looking to take a shot on top 4642..

anyone can tell me why?
gidday fx,

4642 was the next logical fcr to take long, as ya gotta test em' all!

HR
  • #8,373
  • Oct 5, 2009 4:31am Oct 5, 2009 4:31am
I can't work it out, Xs and Os - noughts and crosses, tic tac toe.

Mental - ? a blank I'm afraid.
testing the market
  • #8,374
  • Oct 5, 2009 4:33am Oct 5, 2009 4:33am
Quoting elizo
FCR at 38, plus spread, plus 3 pips. The market is stalling and sooner or later will show his face. A way to test the waters...
Bingo.. My man elizo... good job
a way to test the water..

and i add..
its also and opportunity for me to practise my expectancy skill..

this is powerfull shit..

mentality such as this wipes all your extra expectaions from enteries overall..

its all mental guys..
  • #8,375
  • Oct 5, 2009 4:40am Oct 5, 2009 4:40am
haha ok that simple. nice.
  • #8,376
  • Oct 5, 2009 4:43am Oct 5, 2009 4:43am
Quoting fxachilies
Bingo.. My man elizo... good job
a way to test the water..
Thanks.

Anyway, I am short from 13 here... playing a very bloody #2 and IF... THEN. 42 is my SL and will open longs there... could bail out now for -16, but don't wanna give pips for free to the market unless it shows clearly what he wants to do. I could consider a bailing at 22.5 if it is not able to move further down.

It's not the ideal situation, but unfortunately, I do not dictate what the market has to do... yet. Flying with the wind like a poor feather...
  • #8,377
  • Oct 5, 2009 4:46am Oct 5, 2009 4:46am
now listen,
you guys try your best to diagnose every little details about tech part of what feb and I have put out there.. analyse the fuck out of every X's and O's..
but yet..
forget and take little consideration for Feb's little but super powerfull comments.. such as..
-enteries are way to test the market..
-market its like moving sand..
-i traded my hit ratio for my bottomline long time ago..
-my expectancy is what has keept me around in this business..
and etc..

if you think my success in here and for all others who are successful with this style is not all bcz of tech part of this... it about appling the philosophies when he dishes out with his lil but yet powerfull comments..

it forced me to think outside the box.. the best asset that a trader can achive..

along with training your naked eyes.. is vital and a must to train your naked mind to compliment it..
  • #8,378
  • Oct 5, 2009 4:48am Oct 5, 2009 4:48am
testing watters on this short.....

Let's see
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 83 KB
  • #8,379
  • Oct 5, 2009 4:53am Oct 5, 2009 4:53am
Quoting elizo
Thanks.

Anyway, I am short from 13 here... playing a very bloody #2 and IF... THEN. 42 is my SL and will open longs there... could bail out now for -16, but don't wanna give pips for free to the market unless it shows clearly what he wants to do. I could consider a bailing at 22.5 if it is not able to move further down.

It's not the ideal situation, but unfortunately, I do not dictate what the market has to do... yet. Flying with the wind like a poor feather...
I'm with you on that short, bat SL moved to 4638 above new FCR already chope up for 21 pip at the 4635 long. trying to play #2 bat there was now chance
it's a huge gap tony, a huge gap.
  • #8,380
  • Oct 5, 2009 4:59am Oct 5, 2009 4:59am
guys i had a short order below LL at 4610.. i was never triggered.. price must go 3pips +spread before triggered
but if i would have and now batteling with #2.. I would be watching the price like a hawk around the LL line and not give it a chance to bounce off of it again... you don't get toomany chances at BE or under 5 survival..

just a heads up..
1 trader viewing now