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The System II (Yes with irony)

  • #8,821
  • Oct 12, 2009 12:12am Oct 12, 2009 12:12am
Morning,
another nice Asian session drop good for fifty..

I am looking at BB.. long and short orders are inplace.. lets see what happens..

good traing to all.. let look forward to a great week ahead..


john888,
what part of 4692 break would consider as a fcr?
you got to becarfull about what your trading.. that is a countinuation of the brearish swing. 4708 is your fcr..
R stands to Reversal..
  • #8,822
  • Oct 12, 2009 12:12am Oct 12, 2009 12:12am
Quoting en0x
Why not close it for BE then and then bracket it?

I am done trading for the day (6am London). i am sticking to Asia trading nowdays as I cannot trade NYC.

I do watch this channel though , best channel out there.
Its hardly moved in 3 hours since I entered, so there's an argument that says I should get out and wait for another setup.

OOps, just popped over fcr, see if it goes further or fails, if it fails I'm out, & go get some fresh air.....
testing the market
  • #8,823
  • Oct 12, 2009 12:16am Oct 12, 2009 12:16am
Hi All,

Ready to go.

Good trading to all
Survive and Preserve
  • #8,824
  • Oct 12, 2009 12:20am Oct 12, 2009 12:20am
got triggered.. lets see what happens..


http://cdn.forexfactory.com/images/attach/gif.gif
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  • #8,825
  • Oct 12, 2009 12:22am Oct 12, 2009 12:22am
dont you love FX 24 hour. Its funny, we changing shifts here

Out with the Asia in with the UK and NYC traders man oh man, when are we going to open our own international trading house eh?


Anys, the long looks great but I am off for the day, its 4:30pm, time to head home from my really exhausting work shift.
Quoting fxachilies
got triggered.. lets see what happens..


http://cdn.forexfactory.com/images/attach/gif.gif
Survive and Preserve
  • #8,826
  • Oct 12, 2009 12:23am Oct 12, 2009 12:23am
Quoting fxachilies
Morning,
another nice Asian session drop good for fifty..

I am looking at BB.. long and short orders are inplace.. lets see what happens..

good traing to all.. let look forward to a great week ahead..


john888,
what part of 4692 break would consider as a fcr?
you got to becarfull about what your trading.. that is a countinuation of the brearish swing. 4708 is your fcr..
R stands to Reversal..
Morning,

oops, I should have used another term, maybe FCC for Continuation?

Looks like 4708 is broken, finally some movement!

cheers
testing the market
  • #8,827
  • Oct 12, 2009 12:31am Oct 12, 2009 12:31am
Quoting fxachilies
got triggered.. lets see what happens..

Hi All

I am back from my week off. Got some catching up reading to do.
I am long too.
"Save your ass, then go for profit"
  • #8,828
  • Oct 12, 2009 12:48am Oct 12, 2009 12:48am
Quoting John888
Morning,

oops, I should have used another term, maybe FCC for Continuation?

Looks like 4708 is broken, finally some movement!

cheers
FCC !!! what the hell is that? ur funny..
listen bro no need to call it anything.. 4692 is simply a price countinuation which whoever that was lucky enough to trade the asian session and got in that ride from the top should have hold his short and pass that hiccup and taken full advantage of the ride.. did you? it couldn't get any better than that for a easy 40-50 pips profit..
we got newbies that read this thread and keep everyting under microscope.. John your in a intermediate level, you should not mention false stuff.. if you make a mistake you need to correct it.. if your hallucinating fcr or etc then you need to refer to posts that helps you or just simply ask for my help or one of the guys..


Thank you inadvance.
  • #8,829
  • Oct 12, 2009 12:52am Oct 12, 2009 12:52am
Quoting Paul M
Hi All

I am back from my week off. Got some catching up reading to do.
I am long too.
Hi Paul,
welcome back I hope you had nice time with your family..
make sure you don't miss post 8689 about BB exit..

Good luck this week
  • #8,830
  • Oct 12, 2009 12:54am Oct 12, 2009 12:54am
Good morning guys,

Holiday here, in Spain, today, but.......

Ready for a good begining of another trading week...

Let's get work....
  • #8,831
  • Oct 12, 2009 1:00am Oct 12, 2009 1:00am
Quoting fxachilies
John your in a intermediate level
Morning all,

I was tempted to take that short up at 26 while watching the first quarters of Colts at Titans... what a pity I didn't!

In regards that quote, I truly believe FX is like the old time teacher, with a notebook with our names written on it and monitoring carefully each one's evolution... am I right, Master?

I wish you all a profitable week. Last one was tough but a very teaching one. And by the way, I still finished on positive pips. Amazing, I can't believe I did it!

Thanks all you family for helping me to achieve those results. But, this is a marathon, not a sprint. Working on, working on...

Edit: Quote of the week... "It's a long way to the top, if you wanna rock'n'roll..." (Bon Scott)"
  • #8,832
  • Oct 12, 2009 1:04am Oct 12, 2009 1:04am
Good Morning from the UK. No Monday morning feeling here - it's a new week and there's gold in tham thar hills!!! Weekends seem very long these days. I think Feb was right - I'm an addict.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,833
  • Oct 12, 2009 1:10am Oct 12, 2009 1:10am
Anyone short on the 4713 FCR?
  • #8,834
  • Oct 12, 2009 1:11am Oct 12, 2009 1:11am
closed the long playing #1 for +3.. now short of 4708..
  • #8,835
  • Oct 12, 2009 1:14am Oct 12, 2009 1:14am
Short at 11 here
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  • #8,836
  • Oct 12, 2009 1:14am Oct 12, 2009 1:14am
Quoting jplo
Anyone short on the 4713 FCR?

Went short at 14709
$urvive, Pre$erve & RESPECT THE TEACHER
  • #8,837
  • Oct 12, 2009 1:15am Oct 12, 2009 1:15am
Quoting fxachilies
Hi Paul,
welcome back I hope you had nice time with your family..
make sure you don't miss post 8689 about BB exit..

Good luck this week
Thanks Fx, yes we had a good time but I missed the trading. I read a couple of trading books and worked on my trading plan / money management. All reved up to get back into it.

I will look out for that post.

I exited my long at BE (a bit too early ) and am now short from the fcr at 4712
"Save your ass, then go for profit"
  • #8,838
  • Oct 12, 2009 1:16am Oct 12, 2009 1:16am
Quoting elizo
Morning all,

I was tempted to take that short up at 26 while watching the first quarters of Colts at Titans... what a pity I didn't!

In regards that quote, I truly believe FX is like the old time teacher, with a notebook with our names written on it and monitoring carefully each one's evolution... am I right, Master?

I wish you all a profitable week. Last one was tough but a very teaching one. And by the way, I still finished on positive pips. Amazing, I can't believe I did it!

Thanks all you family for helping me to achieve those results....
No notebook my friend.. but i spend 10+ hrs a day with you guys so it shouldn't be dificult to know who is who..

who won the game?
and you know who lost the game.. don't you!!!
  • #8,839
  • Oct 12, 2009 1:18am Oct 12, 2009 1:18am
Quoting jplo
Anyone short on the 4713 FCR?
yep on this one jpl0
  • #8,840
  • Oct 12, 2009 1:21am Oct 12, 2009 1:21am
hey guys, i m ready for another week of learning & profit taking
cheers andrew
Survive & Preserve
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