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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)

  • #9,381
  • Oct 16, 2009 12:07am Oct 16, 2009 12:07am
We did except I got out at break even, dont ask....

Two trades today, 2 break even. 0 fakeouts, 2 decent moves and i took BE both of them.

Well well well ASIA , you got away this time, today, but dont be soo lucky on Monday. Your pips are mine...

Quoting PaulLangham
Hi All,

Ready to go.

Looks like u guys had a nice break to the downside worth playing
Survive and Preserve
  • #9,382
  • Oct 16, 2009 12:13am Oct 16, 2009 12:13am
Okay, I am not trading London , rather get some sleep. I might wake for NYC and check whats out but I am spacing out here at work . Just too damn tired. Good luck all , and get some paulies tonight.
Survive and Preserve
  • #9,383
  • Oct 16, 2009 12:17am Oct 16, 2009 12:17am
Quoting en0x
Okay, I am not trading London , rather get some sleep. I might wake for NYC and check whats out but I am spacing out here at work . Just too damn tired. Good luck all , and get some paulies tonight.
c ya
  • #9,384
  • Oct 16, 2009 12:37am Oct 16, 2009 12:37am
PaulLangham,

You latest chart is excellent, thanks for posting.

It good to see poetry in motion, I was struggling with number 2 trades... can't quite get my head around some of the exits people get, in and stright out, when I seem to let the trade run and take a bigger loss. Waiting for PA to tell me when to exit.

Got the entries working well as that is the easy part... seem to hold on to trades ok.. often to long... it the exit that I need to work on to minimise losses and maximise profit.

Thanks again.. appriciatred.
  • #9,385
  • Oct 16, 2009 12:51am Oct 16, 2009 12:51am
Good morning to everyone....

Ready for the show......
  • #9,386
  • Oct 16, 2009 1:12am Oct 16, 2009 1:12am
Long 928 let see what the market will give us today.
  • #9,387
  • Oct 16, 2009 1:19am Oct 16, 2009 1:19am
Morning all,

let's get rocking! Shanghai ATP Masters in one screen and PA in the other one...

don't you love life?
  • #9,388
  • Oct 16, 2009 1:21am Oct 16, 2009 1:21am
Played #2 out -6
  • #9,389
  • Oct 16, 2009 1:23am Oct 16, 2009 1:23am
hey guys, ready for another sesion
cheers andrew
Survive & Preserve
  • #9,390
  • Oct 16, 2009 1:29am Oct 16, 2009 1:29am
OK short 909
may the trade winds be with this trade
  • #9,391
  • Oct 16, 2009 1:36am Oct 16, 2009 1:36am
well played Duke
Quoting Duke900
Played #2 out -6
  • #9,392
  • Oct 16, 2009 1:37am Oct 16, 2009 1:37am
yes with you short 09
Survive and Preserve
  • #9,393
  • Oct 16, 2009 1:41am Oct 16, 2009 1:41am
Attached Image (click to enlarge)
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  • #9,394
  • Oct 16, 2009 2:00am Oct 16, 2009 2:00am
Quoting PaulLangham
Hi,

Here are my trades from earlier today.

Trade 2 was already discussed I was very aggressive and early on a half formed FCR but I exited and reversed after my mistake and then earned some nice pips on trade 3 +45

Trade 4 - I exited at BE, because I am instinctively aggressive in cutting losers. Of course if I had of given the trade more space then I would have had the BE and wouldn`t had to re-enter higher up.

Thanks to all for a great day`s trading.

 Hi, PaulLangham



Well done! I want to ask you how to manage trade 3？Price has shown higher-low already, why not play 1# or BB exiting out that would got BE?

Best regards!
Attached Image (click to enlarge)
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  • #9,395
  • Oct 16, 2009 2:12am Oct 16, 2009 2:12am
Exit at BE... and am now long 914
  • #9,396
  • Oct 16, 2009 2:19am Oct 16, 2009 2:19am
Quoting Duke900
Exit at BE... and am now long 914
same here the duke
Survive & Preserve
  • #9,397
  • Oct 16, 2009 2:44am Oct 16, 2009 2:44am
Out BE

going to wait for the next break
  • #9,398
  • Oct 16, 2009 5:41am Oct 16, 2009 5:41am
Quoting yuyudada
Hi, PaulLangham



Well done! I want to ask you how to manage trade 3？Price has shown higher-low already, why not play 1# or BB exiting out that would got BE?

Best regards!

Ok good question.

Price had already moved away from entry some way and given that price action I just though we would have a pull back which would follow thru again to the downside.. You are right though on some occassions like later on I could have gone BE. i guess it was just what I was thinking at the time.

Hoep this helps.
Survive and Preserve
  • #9,399
  • Oct 16, 2009 5:42am Oct 16, 2009 5:42am
Trade update from me , just one trade early this morning short at 09 and then BE.

Waiting for us to break out of this wide BB
Survive and Preserve
  • #9,400
  • Oct 16, 2009 6:07am Oct 16, 2009 6:07am
short on BB entry at 887

At last... what a wait...
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