The System II (Yes with irony) | Page 453 | 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)

  • #9,041
  • Oct 13, 2009 8:46am Oct 13, 2009 8:46am
Quoting david4u
BB +13 , re-entry +20
Any suggestions how to stay more on the 1st trade ?
Like "wait for the fcr to develop "
Tks
david4u
yes.. my suggestion is simply to play #1 like manytimes that you have asked and I have replied the same answer..

the training wheels are off Dave.. step up and excute the plan if your a beliver..
  • #9,042
  • Oct 13, 2009 8:48am Oct 13, 2009 8:48am
Quoting PaulLangham
Sorry guys have been massively distracted - got +44 on the runner - just short of the offical 'Paulie' rating

thats it we're taking the title away from you... lol
don't work to hard buddy... nice job
  • #9,043
  • Oct 13, 2009 9:04am Oct 13, 2009 9:04am
Come on, come on, nearly there for a 'paulie' LOL
Survive and Preserve
  • #9,044
  • Oct 13, 2009 9:13am Oct 13, 2009 9:13am
I managed not to get the best out of that short - my Sl got hit +7 and I had a test again at 816 and got out with a tiny profit. Tightened the Sl too much too soon - a bit of breathing space would have left me in now with a decent profit. There'll be another one along anytime soon!!! Wash, rinse, repeat.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,045
  • Oct 13, 2009 9:21am Oct 13, 2009 9:21am
Quoting mac1956
I managed not to get the best out of that short - my Sl got hit +7 and I had a test again at 816 and got out with a tiny profit. Tightened the Sl too much too soon - a bit of breathing space would have left me in now with a decent profit. There'll be another one along anytime soon!!! Wash, rinse, repeat.
stopped out at breakeven(43), to the pip, followed by the fake at (16) for -9, where as if i had left my stop in initial place i'd be at +35
  • #9,046
  • Oct 13, 2009 9:23am Oct 13, 2009 9:23am
dim,
are u with me brother...
i don't see you or Helen much around lately..
let me know if you need anything.
  • #9,047
  • Oct 13, 2009 10:51am Oct 13, 2009 10:51am
Hi All,

Here are my trades.

I tested every single opportunity I saw, so I had low hit ratio... but good bottom line.

Comments are welcome.


Regards.

Attached Image (click to enlarge)
Click to Enlarge Name: 20091013 Chart.gif Size: 20 KB
  • #9,048
  • Oct 13, 2009 11:00am Oct 13, 2009 11:00am
Trader 222
I have not seen someone that have improved and advanced so much in just 10 days .
CONGRATULATIONS !!!
You are an inspiration for me
Regards
davi4u

Quoting Trader222
Hi All,

Here are my trades.

I tested every single opportunity I saw, so I had low hit ratio... but good bottom line.

Comments are welcome.


Regards.

Attachment
  • #9,049
  • Oct 13, 2009 11:19am Oct 13, 2009 11:19am
Quoting Trader222
Hi All,

Here are my trades.

I tested every single opportunity I saw, so I had low hit ratio... but good bottom line.

Comments are welcome.


Regards.

Attachment
awsome trading my man.. its a thing of beauty how you held on to the runner.. plain out beautiful.. you are officially an a Paulie..
quote: so I had low hit ratio... but good bottom line.
that is a powerfull shit that he has already ingraved in his brain..


guys... another living proff... fairly a new guy... if he can do it so can you..
ingredients are a just a bit of mental change.. belive me, is as simple as that..

we will talk more about this stuff soon..

if i tell you that i only got 40pips of that nice runner would you belive it..
i fuck up too still.. a lot.. but only when i am not sharp mentaly and diviate myself from my plan..
i tell you guys what caused it.. I make a post later on..
i got to get some rest and eat some.. so i be sharp for my quiet time..

cya for now..
  • #9,050
  • Oct 13, 2009 12:01pm Oct 13, 2009 12:01pm
Quoting fxachilies
if i tell you that i only got 40pips of that nice runner would you belive it..
i fuck up too still.. a lot.. but only when i am not sharp mentaly and diviate myself from my plan..
i tell you guys what caused it.. I make a post later on..
i got to get some rest and eat some.. so i be sharp for my quiet time..

cya for now..
Would eagerly wait for it...Hope I get to read it TODAY(My time)...

I know I am mean at times...but I wanna learn here.period.

Besties

AG
  • #9,051
  • Oct 13, 2009 12:18pm Oct 13, 2009 12:18pm
Quoting Trader222
Hi All,

Here are my trades.

I tested every single opportunity I saw, so I had low hit ratio... but good bottom line.

Comments are welcome.


Regards.

Attachment
Yes agree 100%, this is awesome stuff, taking every chance and holding just like the master said - see the result - brilliant . Welcome to the club
Survive and Preserve
  • #9,052
  • Oct 13, 2009 12:19pm Oct 13, 2009 12:19pm
Quoting fxachilies
awsome trading my man.. its a thing of beauty how you held on to the runner.. plain out beautiful.. you are officially an a Paulie..
quote: so I had low hit ratio... but good bottom line.
that is a powerfull shit that he has already ingraved in his brain..


guys... another living proff... fairly a new guy... if he can do it so can you..
ingredients are a just a bit of mental change.. belive me, is as simple as that..

we will talk more about this stuff soon..

if i tell you that i only got...

Hey Fx,

Great post this is it: restate, restate so that it sinks in. I also screwed up a bit today - will post shortly.

Well done to everyone and thanks for the commentary during the sessions
Survive and Preserve
  • #9,053
  • Oct 13, 2009 2:29pm Oct 13, 2009 2:29pm
Quoting david4u
Trader 222
I have not seen someone that have improved and advanced so much in just 10 days .
CONGRATULATIONS !!!
You are an inspiration for me
Regards
davi4u
Hi David,

Thanks!!! I think that most of my performance is due to the great tools and knowledge shared by the VIPs of this thread, and just a little bit to my skills.


Regards.
  • #9,054
  • Oct 13, 2009 2:43pm Oct 13, 2009 2:43pm
Hi All,

Here are my trades.

In between trades 3 and 4 I balked a little and didn1t take the upside FCR which was obviou - think this was due to the tightening of the FCR`s within the channel albeit a large one . Result was that I joined the party late for the upmove.

Thanks for the comments and commentary FX and all.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009101301.jpg Size: 134 KB
Survive and Preserve
  • #9,055
  • Oct 13, 2009 2:47pm Oct 13, 2009 2:47pm
Quoting fxachilies
awsome trading my man.. its a thing of beauty how you held on to the runner.. plain out beautiful.. you are officially an a Paulie..
quote: so I had low hit ratio... but good bottom line.
that is a powerfull shit that he has already ingraved in his brain..


guys... another living proff... fairly a new guy... if he can do it so can you..
ingredients are a just a bit of mental change.. belive me, is as simple as that..

we will talk more about this stuff soon..
Hi Fx,

Thank you for your nice words, and thanks for all the time and knowledge you shared in this thread to improve people's trading.
  • #9,056
  • Oct 13, 2009 2:52pm Oct 13, 2009 2:52pm
Quoting PaulLangham
Yes agree 100%, this is awesome stuff, taking every chance and holding just like the master said - see the result - brilliant . Welcome to the club
Hi Paul,

I'm very happy of being part of the club.
  • #9,057
  • Oct 13, 2009 3:32pm Oct 13, 2009 3:32pm
ok guys..
we have had two very good days.. the question is have you take full advantage of it?.. these days come around only about half the times maybe less.. who knows and who cares.. but the fact is that they do come around and we need to take max advantage of them when they do..
today i got diviated from my plan and totaly missed taking full advantage of this nice easy bullish runner.. why? bcz i for some reason decided to pay attention to some old Resistant and to exit my trade based on that and worst not to reenter based on that same resistant..
I wanted to bring this up and let you guys all know that once again its been proven to me that how important it is to sticking with my plan and executing it by just following the most recent PA..
my plans are simple..
enter based on fcr.. BB.. 123
exit by playing expectacny #1&2 and BB exit..
thats it..
market is what it is.. i got no control over it nobody does.. but i do have control over my own action.. and the best i can excute my plan is they way to go for me to have an a edge and endup with a positive bottomline..

today i banked 74 pips.. and as you see i am not happy.. not by being greedy.. not bcz of amount of the pips but rather how i played the game and where my mindset and thought process were in the heat of the battle.. its all mental from here on.. i know there are alot of you out there that know the tech stuff that we do here.. but i see a guy end up with 80+ and one with +20 or BE or negative.. the difference here is the mental edge.. afew changes will make the difference for you.. now ur gonna say to yourself.. well fxa i know that tell me something i don't know or tell how can i get that mental edge..
now what i got to tell you is that there is no magic to it and it wont happen over night.. but I tell you this my friend:
stick to this plan.. and practise the hell out of it.. and the mental edge will come around as your gaining experince.. (risk comfortable amount)
i know it don't sound sexy and glamoures but its true..
"just do it".. the guy who said that won 8 grand slam.. when he finally belived in his style of play and finally stuck to it and let it rip..

its time for you guys to let it rip.. you all can do it.. i have no doubt..

i see you all tomorrow..

http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 133.gif Size: 30 KB
  • #9,058
  • Oct 13, 2009 3:45pm Oct 13, 2009 3:45pm
Hey FX,

Yet again I think you have hit it on the nail. I too had a few voices today - maybe a bit tired etc and some mistakes creep in.

I think what you say here is so important that people should print it out stick it up somejhere, everywhwere in fact and make it your utimate goal to follow:

"stick to this plan.. and practise the hell out of it."
Survive and Preserve
  • #9,059
  • Oct 13, 2009 4:55pm Oct 13, 2009 4:55pm
Good Morning Asia. Lets see if today is dead, or we going to get runners.

Be aware, we have Chinese Trade balance sometime today. I guess we stick to the plan but if you see any sudden hard candles its most likely because of that. The last time we had chinese trade balance it moved EU quite well.

Lets do it
Survive and Preserve
  • #9,060
  • Oct 13, 2009 5:10pm Oct 13, 2009 5:10pm
Quoting en0x
Good Morning Asia. Lets see if today is dead, or we going to get runners.

Be aware, we have Chinese Trade balance sometime today. I guess we stick to the plan but if you see any sudden hard candles its most likely because of that. The last time we had chinese trade balance it moved EU quite well.

Lets do it
I'm glad China balance had an effect last time, otherwise the market might be too tired to put on a show for us today.

I'm trying an entry at 4856, after price failed to drop below recent fcr at 4850. Might be too early in this session to take a position, but I'll get out quick if its no good.
testing the market
4 traders viewing now