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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)

  • #9,061
  • Oct 13, 2009 5:32pm Oct 13, 2009 5:32pm
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
Really good trades my friend...

And, which is even more important, really good "runner catcher" attitude, by taking every shot, holding through hurdels, and playing expectancy nicely.....

I loved your plans... lol

My most honest congratulations to you...
  • #9,062
  • Oct 13, 2009 5:47pm Oct 13, 2009 5:47pm
Orange square is where I am dipping my toe into the water.
Quoting John888
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.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.JPG Size: 74 KB
Survive and Preserve
  • #9,063
  • Oct 13, 2009 5:48pm Oct 13, 2009 5:48pm
Quoting fxachilies
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...
Great post, as usual, Fx....
Really helpful, to encourage all the people, to not doubt for a second about what we do here.....

I have to confess that I also paid attention to that resistance, and did not take full advantage of that bullish runner, scoring only 42 pips on it...
but playing not good enough...

Anyway, I am not happy with that runner managment, but happy about another sound day where it was really proved again, that our "plans" here, are pure gold....

Nothing to do with text book, or nothing that can be printed on a manual, or anything..... Simply powerful tools to use under expectancy skill.... That allow us to get full advantage from days like today, and to survive in days like the last week.......

I wanna thank you and thank Feb, again for open the succeed door for us...
We only have to keep on working, practising, and sticking to the plans to go through it......
  • #9,064
  • Oct 13, 2009 6:02pm Oct 13, 2009 6:02pm
Quoting en0x
Orange square is where I am dipping my toe into the water.
I'm out of the long -6, and short below the 4850 level.
testing the market
  • #9,065
  • Oct 13, 2009 6:32pm Oct 13, 2009 6:32pm
Quoting John888
I'm out of the long -6, and short below the 4850 level.
Now its testing with a retrace, aaargh.
testing the market
  • #9,066
  • Oct 13, 2009 6:34pm Oct 13, 2009 6:34pm
Quoting John888
Now its testing with a retrace, aaargh.
oh well out -9 and now waiting for a reload
I make money anywhere in the world by taking orders
  • #9,067
  • Oct 13, 2009 6:36pm Oct 13, 2009 6:36pm
Short wasw triggered and closed for -8, That was a stupid trade in hindsight, we have an FCR about 2 pips away , should have waited for price to test that. Now long on break of FCR, price 4854

Quoting en0x
Orange square is where I am dipping my toe into the water.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.JPG Size: 101 KB
Survive and Preserve
  • #9,068
  • Oct 13, 2009 6:36pm Oct 13, 2009 6:36pm
Morning SedonaPipper.

Quoting SedonaPipper
oh well out -9 and now waiting for a reload
Survive and Preserve
  • #9,069
  • Oct 13, 2009 6:39pm Oct 13, 2009 6:39pm
Quoting SedonaPipper
oh well out -9 and now waiting for a reload
Hey, hows this Asian session, I must be down about 14 pips already, and it's early yet!
testing the market
  • #9,070
  • Oct 13, 2009 6:52pm Oct 13, 2009 6:52pm
Quoting John888
Hey, hows this Asian session, I must be down about 14 pips already, and it's early yet!
the asian session will let us know how it is when it is over - right now its a rough start but also only one trade into it. Remembering FX's last post - you may have a low hit ratio but play out your plan and in the end you have a great chance to be up for the day.
I make money anywhere in the world by taking orders
  • #9,071
  • Oct 13, 2009 6:54pm Oct 13, 2009 6:54pm
my oversight in this game was to move my fcr wet up to close and not allow the trade to unfold more. I still am happy I got out though in hindsight, I may have held on better.
I make money anywhere in the world by taking orders
  • #9,072
  • Oct 13, 2009 7:14pm Oct 13, 2009 7:14pm
Quoting SedonaPipper
my oversight in this game was to move my fcr wet up to close and not allow the trade to unfold more. I still am happy I got out though in hindsight, I may have held on better.
I love the quote, "wash, rinse, repeat". It keeps me going when I'm ready to throw up my hands. still smiling

cheers
testing the market
  • #9,073
  • Oct 13, 2009 7:40pm Oct 13, 2009 7:40pm
Quoting John888
I'm out of the long -6, and short below the 4850 level.
Out at BE, reason: to me the initial expectancy I had when I entered the trade is gone, price could go anywhere now, so I'm out. I want the expectancy to be in my favour.

Next trade......
testing the market
  • #9,074
  • Oct 13, 2009 8:12pm Oct 13, 2009 8:12pm
Quoting John888
Out at BE, reason: to me the initial expectancy I had when I entered the trade is gone, price could go anywhere now, so I'm out. I want the expectancy to be in my favour.

Next trade......
This has been tough - a 10 pip channel for the last hour - well the longer it channels the greater the breakout when it comes
I make money anywhere in the world by taking orders
  • #9,075
  • Oct 13, 2009 8:26pm Oct 13, 2009 8:26pm
Quoting SedonaPipper
This has been tough - a 10 pip channel for the last hour - well the longer it channels the greater the breakout when it comes
Took long above channel, but then it spiked lower, possible BB exit coming....

Forget the bb exit, was a glitch in my data feed
testing the market
  • #9,076
  • Oct 13, 2009 8:37pm Oct 13, 2009 8:37pm
Quoting SedonaPipper
This has been tough - a 10 pip channel for the last hour - well the longer it channels the greater the breakout when it comes
Sedona, did u take the long?
testing the market
  • #9,077
  • Oct 13, 2009 8:38pm Oct 13, 2009 8:38pm
Quoting John888
Sedona, did u take the long?
yes in at 57
I make money anywhere in the world by taking orders
  • #9,078
  • Oct 13, 2009 8:40pm Oct 13, 2009 8:40pm
Quoting SedonaPipper
yes in at 57
Me too, lets hope the coiled up energy inside that range, gives us a decent move.
testing the market
  • #9,079
  • Oct 13, 2009 8:41pm Oct 13, 2009 8:41pm
now to keep from getting locked into a result and just ive this time to breath - next hurdle is 75
I make money anywhere in the world by taking orders
  • #9,080
  • Oct 13, 2009 8:54pm Oct 13, 2009 8:54pm
Quoting SedonaPipper
now to keep from getting locked into a result and just ive this time to breath - next hurdle is 75
Yep, I'm just trailing the stop at it goes up, nice to have it this way for change.
testing the market
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