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The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #9,921
  • Oct 28, 2009 5:37am Oct 28, 2009 5:37am
Yo macdaddy, yeah hanging in there too buddy, FCR has formed now, SL and reverse is at 805 for me.
had a bad day so far, -35 down already. Loss after loss after loss. one was mine (-17) which I can kick my damn ass for. Undicsciplined trade, emotional revenge trade...
*smack*
Quoting mac1956
I'm hanging in there for now.
Survive and Preserve
  • #9,922
  • Oct 28, 2009 5:46am Oct 28, 2009 5:46am
4470 (just noticed this btw) was yesterdays daily low and also a previous swing high that has acted as resistance and then support. I guess that is why the fecker pulled back 30 odd pips...

Quoting en0x
Yo macdaddy, yeah hanging in there too buddy, FCR has formed now, SL and reverse is at 805 for me.
had a bad day so far, -35 down already. Loss after loss after loss. one was mine (-17) which I can kick my damn ass for. Undicsciplined trade, emotional revenge trade...
*smack*
Survive and Preserve
  • #9,923
  • Oct 28, 2009 5:52am Oct 28, 2009 5:52am
macdaddy, on yahoo?
Survive and Preserve
  • #9,924
  • Oct 28, 2009 5:52am Oct 28, 2009 5:52am
Quoting en0x
4470 (just noticed this btw) was yesterdays daily low and also a previous swing high that has acted as resistance and then support. I guess that is why the fecker pulled back 30 odd pips...

Iron Fist - I bailed at +21. Long old session - but I wrote a Newby's Rap while I watched the trade. I'll post it later.

Don't be too hard on yourself mate - rememebr it all goes into the brain as deep structural learning to re-emerge one day when you least expect it.

I'm about to re-enter short if this goes south again off that fcr. Sorry I bailed now.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,925
  • Edited 6:14am Oct 28, 2009 6:02am | Edited 6:14am
IMAGINE STRONG RAP BEAT, SCANTILY CLAD DANCERS AND FX COVERED IN BLING - steps out of a solid gold Bentley - PARTY TIME...

So you wanna be in the Family
What makes you think you should get in for free?
You gotta sweat the thread; You got to bleed it dry
You gotta learn the swing; Ya Gotta ‘do or die’.
We got a 'FCR' , it can be 1 or 2, tellin’ you zactly what ya have to do.
We gotta 123... some short some deep, Givin’ you clues if you should sit or leap.
‘nd when you in dat trade And ya blood runs hot
‘n’ You wondrin’ whether to hang in or not… You gotta watch gotta know how many pips you got
If it’s under 5 then you must stay alive, Use number 2 G plus stratejee, ya jive?
If it’s 5 – 10, you gotta family friend, #2 play tells you when it's gotta end.
Past 10 well bro’, then it helps ta know, The #1 stratajee is set to go –
An' when the Bracket gets broken we ain’t fazed or nuttin’
Number 2G plus has us ridin’ that button.
You wanna max your takeout, Then makeout with the fakeout,
So ya never get to be a victim of a shakeout.
No demo trading, dat ain’t wise or funny
You don’t get nothing when ya tradeplay money.
Losin’ ain’t abusin’ it’s da game and it’s amusin’…
If ya wanna catch a runner then it’s no good refusin’
But preserve and survive, ya gotta keep yourself alive
Gotta be in da trade when the runners arrive.
Then ya pull a couple a Paulies and you makin’ your name,
Immortalised in the Family Hall of Fame.
And blood, You don’t get nowhere when you disrespex
Feb, the grand master and our Boss FX.
Whatever made you think you could get in for free?
ya gotta develop some expectancy....
if you wanna get into the Family .
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,926
  • Oct 28, 2009 6:16am Oct 28, 2009 6:16am
Just started live trading with this method, picked up a short at 4805 for a quick 11 pips but noticed you both (damn it!) got in a lot earlier. Tried to identify your entry point signals to see what I missed but can't identify it. Can you enlighten me - many thanks.
  • #9,927
  • Oct 28, 2009 6:28am Oct 28, 2009 6:28am
I am still short....
Quoting mac1956
Iron Fist - I bailed at +21. Long old session - but I wrote a Newby's Rap while I watched the trade. I'll post it later.

Don't be too hard on yourself mate - rememebr it all goes into the brain as deep structural learning to re-emerge one day when you least expect it.

I'm about to re-enter short if this goes south again off that fcr. Sorry I bailed now.
Survive and Preserve
  • #9,928
  • Edited 7:02am Oct 28, 2009 6:29am | Edited 7:02am
Re-entered at 783 look at the baby go - should never have come out. That cost me 14 pips of profit! Out BE...hmmmm. Right what next....
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,929
  • Oct 28, 2009 7:02am Oct 28, 2009 7:02am
hmmmm.. where the hellis it going now?
Quoting mac1956
Re-entered at 783 look at the baby go - should never have come out. That cost me 14 pips of profit! Out BE...hmmmm.
Survive and Preserve
  • #9,930
  • Oct 28, 2009 7:19am Oct 28, 2009 7:19am
Call me what ever but I am still short...
Quoting en0x
hmmmm.. where the hellis it going now?
Survive and Preserve
  • #9,931
  • Oct 28, 2009 7:41am Oct 28, 2009 7:41am
Quoting mac1956
IMAGINE STRONG RAP BEAT, SCANTILY CLAD DANCERS AND FX COVERED IN BLING - steps out of a solid gold Bentley - PARTY TIME...

So you wanna be in the Family
What makes you think you should get in for free?
You gotta sweat the thread; You got to bleed it dry
You gotta learn the swing; Ya Gotta ‘do or die’.
We got a 'FCR' , it can be 1 or 2, tellin’ you zactly what ya have to do.
[font=Calibri]We gotta 123... some...
http://teleginios.files.wordpress.com/2009/01/fans2.jpg
  • #9,932
  • Oct 28, 2009 7:46am Oct 28, 2009 7:46am
Long from 4790
  • #9,933
  • Oct 28, 2009 7:59am Oct 28, 2009 7:59am
I tried holding that for longer intead of exiting at little FCRS and well, what did I get a day of FUCK ALL.., except -40 something.

I should have just closed it when I was break even for the day.

hmmm.
FUCK YOU EU you win this time.......
Survive and Preserve
  • #9,934
  • Oct 28, 2009 8:10am Oct 28, 2009 8:10am
Quoting en0x
I tried holding that for longer intead of exiting at little FCRS and well, what did I get a day of FUCK ALL.., except -40 something.

I should have just closed it when I was break even for the day.

hmmm.
FUCK YOU EU you win this time.......

You de man ENox - the poor go hungry tonight - but tomorrow is another day.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,935
  • Oct 28, 2009 8:14am Oct 28, 2009 8:14am
Fair call,at least I have a roof over my mouth a food for my head....
Quoting mac1956
You de man ENox - the poor go hungry tonight - but tomorrow is another day.
Survive and Preserve
  • #9,936
  • Oct 28, 2009 8:21am Oct 28, 2009 8:21am
Quoting mac1956
IMAGINE STRONG RAP BEAT, SCANTILY CLAD DANCERS AND FX COVERED IN BLING - steps out of a solid gold Bentley - PARTY TIME...
Love it Mac. When are we going to see the film clip ?
"Save your ass, then go for profit"
  • #9,937
  • Oct 28, 2009 8:47am Oct 28, 2009 8:47am
There's news coming up in 13 minutes.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,938
  • Oct 28, 2009 11:03am Oct 28, 2009 11:03am
Quoting en0x
FUCK YOU EU you win this time.......
What is your limit in pips or equity?
  • #9,939
  • Oct 28, 2009 2:31pm Oct 28, 2009 2:31pm
Quoting ready
Just started live trading with this method, picked up a short at 4805 for a quick 11 pips but noticed you both (damn it!) got in a lot earlier. Tried to identify your entry point signals to see what I missed but can't identify it. Can you enlighten me - many thanks.
You lucky boy finding this so early in your trading career!!!

The first trade was off what we call an FCR - it's a reversal indicator we use. Now that won't mean a thing to you - and it's too complex to explain without going over everything - which would do you a disservice as teh journey to it is in the thread and comes thorugh your own growing understanding.

You have to read the thread bro'.

See the newbie rap today (bit of fun). Then start with post 4734 and take it from there. There are the basics in the first 100 or so pages, but we've moved on in terms of subtlety, but the basics are vital. To trade with us and have it mean enough you have to do the ground work - not because we're mean or trying to keep it secret - but because the story in the thread makes it make sense. This is profitable but it isn't really a system - we have a few powerful tools, no indicators, and loads of practice. There are principles, all of which are flexible to the market context at the time. We trade one pair (EURUSD - God bless her and all who sail in her) and one time frame (5 minutes) we sometimes stop for news and sometimes don't. We love new people but they must make the effort to catch up with us sufficiently for at least the language we use to make sense. Feb is the founder and Fx is our leader - he's a genius trader and his coaching is special - and you'll find it throughout the thread. We all re-read it, revisit the simple principles, and explore the psychology...phew the psychology!!!. If you want to get to know yourself better, learn an attitude to trading that will set you free, make profit and become an accomplished runner hunter then this is the place for you and a few days I promise you as you get to grips with the thread will not be wasted.

Come join us buddy - but get lost in the thread, try a few moves, get the vocabulary under your belt - read some of our early dumbass questions, see the kickings we got too! It's the best read and ought to get the Booker prize!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,940
  • Edited 3:23pm Oct 28, 2009 3:05pm | Edited 3:23pm
It looks I was alone here ...
Some trades I took
david4u
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