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The System II (Yes with irony)

  • #9,881
  • Oct 27, 2009 4:01pm Oct 27, 2009 4:01pm
Hi All,

Here are my trades.

I have decided to post daily totals as well now so that I can see how I am progressing.

Total +37 pips - some trades too close together and trade 5 very poor, I was late on this trade.
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Survive and Preserve
  • #9,882
  • Oct 27, 2009 4:10pm Oct 27, 2009 4:10pm
Quoting PaulLangham
Hi All,

Here are my trades.

I have decided to post daily totals as well now so that I can see how I am progressing.

Total +37 pips - some trades too close together and trade 5 very poor, I was late on this trade.
Paul,

congrats for those +37. Look, in probably the worst day performance wise that you have had so far (at least, since I follow your daily summary) you still finished way above my daily budget, which is 30.

I agree with you: trade 4 was bailed too early and that dragged you down for the following ones. But you are a Master on this. More learning for you.

Again, it's a day to be happy, if I was you.

Regards.
  • #9,883
  • Oct 27, 2009 5:04pm Oct 27, 2009 5:04pm
Hey Elizio,

Thanks for the comments agreed I can bank the +37 and say thanks very much to Mr Market.

Always looking to improve of course
Survive and Preserve
  • #9,884
  • Oct 27, 2009 5:12pm Oct 27, 2009 5:12pm
Hi guys....
Really tough day for me doing some stuff out of trading....
I'm really jelous about you guys making tons of pips... LOL
Seriously talking, my most honest congratulations to all of you guys who have trade so well today.........
You have done an amazing job....
Enjoy it and for mor pips tomorrow....
  • #9,885
  • Oct 27, 2009 5:53pm Oct 27, 2009 5:53pm
I'm having a hardtime here, is this a 123D or FCR1.
Any help would be appreciated.
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  • #9,886
  • Oct 27, 2009 5:58pm Oct 27, 2009 5:58pm
Quoting tptrading
I'm having a hardtime here, is this a 123D or FCR1.
Any help would be appreciated.
Attachment
I should let enox answer since he is the asian player - what do you think it is? and why?
I make money anywhere in the world by taking orders
  • #9,887
  • Oct 27, 2009 6:00pm Oct 27, 2009 6:00pm
I'm calling it a D123


Quoting SedonaPipper
I should let enox answer since he is the asian player - what do you think it is? and why?
  • #9,888
  • Oct 27, 2009 6:02pm Oct 27, 2009 6:02pm
Quoting tptrading
I'm calling it a D123
why?
I make money anywhere in the world by taking orders
  • #9,889
  • Oct 27, 2009 6:18pm Oct 27, 2009 6:18pm
I was calling it a 123D based on #2 to #3 being a continuation of B to #1

Quoting SedonaPipper
why?
  • #9,890
  • Oct 27, 2009 6:19pm Oct 27, 2009 6:19pm
Quoting tptrading
I was calling it a 123D based on #2 to #3 being a continuation of B to #1
so where is the true A B swing?

I hope someone else takes over - I gotta go to a meeting
I make money anywhere in the world by taking orders
  • #9,891
  • Oct 27, 2009 6:21pm Oct 27, 2009 6:21pm
Are you saying it's not a swing because it was less then 30 pips?


Quoting SedonaPipper
so where is the true A B swing?
  • #9,892
  • Oct 27, 2009 6:43pm Oct 27, 2009 6:43pm
Normally, wait for a bracket in early asia before even thinking about trading.
Yes, its now that bracket. Dont expect major movements after NYC close , wait for BB then a move from there as per normal.

Notice we have a bracket now. I have two orders in 1.4799 and 1.4825.

Why 4825? Well we too close to that 4820 FCR.

Technically if you speaking about that being an FCR or 123. its a 123S for me (TECHNICALLY) but remember these arnt hard and fast rules, because you would want to see some movement prior to a 123S right? otherwise its telling you what (FCR's really close together is a what? )

-Chris



Quoting tptrading
Are you saying it's not a swing because it was less then 30 pips?
Survive and Preserve
  • #9,893
  • Oct 27, 2009 6:45pm Oct 27, 2009 6:45pm
Also its AUD CPI news in 45 mins, maybe that will move the market a little? Give it a jump it needs, who knows, lets see though what it does to EUR.

So in short, my trades are 1.4825 for long and 1.4799 for short, both are #2g+ defensive plays if a full fakeout happens.


Quoting en0x
Normally, wait for a bracket in early asia before even thinking about trading.
Yes, its now that bracket. Dont expect major movements after NYC close , wait for BB then a move from there as per normal.

Notice we have a bracket now. I have two orders in 1.4799 and 1.4825.

Why 4825? Well we too close to that 4820 FCR.

Technically if you speaking about that being an FCR or 123. its a 123S for me (TECHNICALLY) but remember these arnt hard and fast rules, because you would want to see some movement prior to a 123S right? otherwise its telling you...
Survive and Preserve
  • #9,894
  • Oct 27, 2009 6:46pm Oct 27, 2009 6:46pm
I must mention we are only watching the AUD news to see if it affects

Of course I will trade it if it hits before the news....


Quoting en0x
Also its AUD CPI news in 45 mins, maybe that will move the market a little? Give it a jump it needs, who knows, lets see though what it does to EUR.

So in short, my trades are 1.4825 for long and 1.4799 for short, both are #2g+ defensive plays if a full fakeout happens.
Survive and Preserve
  • #9,895
  • Oct 27, 2009 7:45pm Oct 27, 2009 7:45pm
How boring is this..

SHORT...


Quoting en0x
I must mention we are only watching the AUD news to see if it affects

Of course I will trade it if it hits before the news....
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Survive and Preserve
  • #9,896
  • Oct 27, 2009 7:58pm Oct 27, 2009 7:58pm
Closed for -8. Should have closed on the stall on hurdle at 4790, should have could have didnt.

Moving on, next trade .

Quoting en0x
How boring is this..

SHORT...
Survive and Preserve
  • #9,897
  • Oct 27, 2009 11:58pm Oct 27, 2009 11:58pm
Sleepy day in EUR during Asia today.

Very very sleepy

Took another trade, tempting with this stupid bloody boring bracket.. closed it at 0.

Am down -15 so far for a running tally.

Orders are now wide of the bracket, this bracket is a dipshit crap one. long 1.4829 and shoprt 4784
COMON EUR, MOVE YOU FECKER>..

Quoting en0x
Closed for -8. Should have closed on the stall on hurdle at 4790, should have could have didnt.

Moving on, next trade .
Survive and Preserve
  • #9,898
  • Oct 28, 2009 12:30am Oct 28, 2009 12:30am
Hi en0x
  • #9,899
  • Oct 28, 2009 12:49am Oct 28, 2009 12:49am
Hey mate, how are you? I am taking another stab why not, someone has to pay the brokers dont they?

teeth pulling day I tell you.
Quoting david4u
Hi en0x
Survive and Preserve
  • #9,900
  • Oct 28, 2009 2:13am Oct 28, 2009 2:13am
Morning,
i be doing couple of live trades today..
I am currently on a long trade.. baded on.. 123s.. #2..
I sort of got a SF at hand so any sharp move against me inside the level line I might close my trade.. lets see what happens..
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