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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)

  • #8,501
  • Oct 6, 2009 4:16am Oct 6, 2009 4:16am
Quoting Froggy10
Trading — Order Types Order Types

Client terminal allows to prepare requests and request the broker for execution of trading operations. Moreover, terminal allows to control and manage open positions. For these purposes, several types of trading
I can't think of a reason to use limit orders in this style of trading. Am I missing something?
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,502
  • Oct 6, 2009 4:17am Oct 6, 2009 4:17am
Quoting Koolio
do you mean this ?: I copied it on my PC

scenario :

1) If you want to buy and price is below the desired entry point then use Buy Stop
2) If you want to buy and price is above the desired entry point then use Buy Limit

Sell scenario :

3) If you want to sell and current price is above the desired entry point then use Sell Stop
4) If you want to sell and current price is below the desired entry point then use Sell Limit
Attached...

Koolio - that is the VERY ONE!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,503
  • Oct 6, 2009 4:20am Oct 6, 2009 4:20am
Guys plz stop clutter the thread with this order stuff.. use the pm plz..

Thanks in advance..
  • #8,504
  • Oct 6, 2009 4:21am Oct 6, 2009 4:21am
Taking a shot long here and playing #1...

Let's see how it goes...
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  • #8,505
  • Oct 6, 2009 4:27am Oct 6, 2009 4:27am
hay jplo
you have 2 HH so close one another
it's not bother you
it's a huge gap tony, a huge gap.
  • #8,506
  • Oct 6, 2009 4:32am Oct 6, 2009 4:32am
Quoting fxachilies
Guys plz stop clutter the thread with this order stuff.. use the pm plz..

Thanks in advance..

Apologies...I've sent you a PM about it...thanks in advance
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,507
  • Oct 6, 2009 4:34am Oct 6, 2009 4:34am
Quoting gevellber02
hay jplo
you have 2 HH so close one another
it's not bother you
Hi G,

You are right, there are 2 HH...

They are 10 pips far away to each other, because of that I took the shot with an aggresive approach in mind about trailing my SL to BE as soon as possible to offset the high risk, and let it be...
  • #8,508
  • Oct 6, 2009 4:49am Oct 6, 2009 4:49am
Quoting fxachilies
Guys plz stop clutter the thread with this order stuff.. use the pm plz..

Thanks in advance..

Actually others might benefit from this question Fx. Is there any place for limit orders in System II. I see a lot of reference to them, but in what circumstances are they of any value. Surely all orders are a test of PA with expectancy that the price will continue in the direction of the swing.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,509
  • Oct 6, 2009 4:53am Oct 6, 2009 4:53am
Quoting gevellber02
hay jplo
you have 2 HH so close one another
it's not bother you
G,
dose it matter?
you got two HH's with L/H's on top and you also got a LL with two H/L's on the bottom..!!!! prefect X's and O's.. .. so what worship it?
or it just simply worth a shot?

if your speading the............ accordingly and got............ as part of your............, then ........... the ........... is what you should be doing as to fit your job ................. to catch............... .

who can fill the blanks?
  • #8,510
  • Oct 6, 2009 4:58am Oct 6, 2009 4:58am
Quoting mac1956
Actually others might benefit from this question Fx. Is there any place for limit orders in System II. I see a lot of reference to them, but in what circumstances are they of any value. Surely all orders are a test of PA with expectancy that the price will continue in the direction of the swing.
I use buy/sell stops.. I don't think limits will work here..
let's put it to rest guys... these are very elementary stuff that everyone needs to figure out on there own.. this is not forex 101..
no offence Macdaddy.. you know i love you..

Thanks in advance..
  • #8,511
  • Oct 6, 2009 5:00am Oct 6, 2009 5:00am
Quoting fxachilies
I use buy/sell stops.. I don't think limits will work here..
let's put it to rest guys... these are very elementary stuff that everyone needs to figure out on there own.. this is not forex 101..
no offence Macdaddy.. you know i love you..

Thanks in advance..

Ty. Sometimes the elementary needs a little reinforcing for some of us s.l.o.w.e.r. learners. Patience is a virtue - alongside expectancy of course.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,512
  • Oct 6, 2009 5:13am Oct 6, 2009 5:13am
if your speading the risk accordingly and got expectancy as part of your plan, then testing the market is what you should be doing as to fit your job (as a trader?) to catch the runner.
  • #8,513
  • Oct 6, 2009 5:17am Oct 6, 2009 5:17am
If your speading the risk accordingly and got well-defended losses as part of your agenda then testing the balls off 123 set ups is what you should be doing as to fit your job description to catch runners.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,514
  • Oct 6, 2009 5:18am Oct 6, 2009 5:18am
Quoting fxachilies
G,
dose it matter?
you got two HH's with L/H's on top and you also got a LL with two H/L's on the bottom..!!!! prefect X's and O's.. .. so what worship it?
or it just simply worth a shot?

if your speading the............ accordingly and got............ as part of your............, then ........... the ........... is what you should be doing as to fit your job ................. to catch............... .

who can fill the blanks?
1.lots
2.expectancy
3.agenda
4.pulling
5. trigger
6. ?
7.runner
it's a huge gap tony, a huge gap.
  • #8,515
  • Oct 6, 2009 5:19am Oct 6, 2009 5:19am
Quoting benkm108
if your speading the risk accordingly and got expectancy as part of your plan, then testing the market is what you should be doing as to fit your job (as a trader?) to catch the runner.
close beny but no cigar.. sorry (you missed one key word there)


Macdaddy,
your far from slow.. you are super sharp and very cleaver..
  • #8,516
  • Oct 6, 2009 5:22am Oct 6, 2009 5:22am
Hello to all,

Just wanted to say Good Morning....and remember that sometimes a loss well played is better than a lucky win.

Good luck and may the Pip Gods be with you
Unus pro omnibus, omnes pro uno
  • #8,517
  • Oct 6, 2009 5:24am Oct 6, 2009 5:24am
you guys all very close.. and i love the brainstroming here.. but the words that i am looking for are key here.. it might seem silly but belive it or not there powerfull..

i can give out hints but wanna see more replies..

just a quick hint though..
if i put together all the replies then i do have all the right words..
  • #8,518
  • Oct 6, 2009 5:26am Oct 6, 2009 5:26am
damnit!
  • #8,519
  • Oct 6, 2009 5:28am Oct 6, 2009 5:28am
Quoting moneda
Hello to all,

Just wanted to say Good Morning....and remember that sometimes a loss well played is better than a lucky win.

Good luck and may the Pip Gods be with you
so short but so unbelivebly powerfull..
take it and run with it.. your buddy fxachilies doses instead of clutter my mind with toomuch mombo jambo tech stuff..

thanks brother Moneda..
  • #8,520
  • Oct 6, 2009 5:29am Oct 6, 2009 5:29am
if your spreading your legs accordingly and got nuts as part of your anatomy, then %$&£ing the market is what you should be doing as to fit your job description which is to take money from the banks.

if your spreading the load accordingly and got losing as part of your agenda, then testing the market is what you should be doing as to fit your job description which is to catch the runner
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