The System II (Yes with irony) | Page 499 | 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)

  • #9,961
  • Oct 29, 2009 4:21am Oct 29, 2009 4:21am
Hi Mac,

Thanks for your response and advice - much appreciated. I'm in this for the long haul so am burning the midnight oil to get up to date with the principles, psychology and lingo.

Excellent forum! - great 'feeling' about it, like the way other members are happy to pass on tips, also their ups and downs - all of which us newbies gain valuable knowledge from.

Again, many thanks and have a great day.
  • #9,962
  • Oct 29, 2009 4:34am Oct 29, 2009 4:34am
to make my point across i stoll some words from Macdddy the official raper of the family.. lol

ok..

the "fakeout"

whether like it or not they come rather often then not..
different shapes.. different forms.. big deal i am so shaked out..
full, min or semi.. big deal i am so shaked out..
my brother.. to maxout your takeout you gatta deal in this thing with the fakeout.. counter it like MJ's fadeway nottin but net fakeout.. shake & bake for the ultimate counter fightout.. that atta be to G-spot'd out, but only if you could perfected out.. feeling the heatout? takeout fx's advise..
yo, practise the fuck out of it out..

at the end, you be better off to makeout with da fakeout, bcz whether you like it or not here it come again the matta fu****** fakeout..
  • #9,963
  • Oct 29, 2009 4:42am Oct 29, 2009 4:42am
Quoting fxachilies
[size=3]to make my point across i stoll some words from Macdddy the official raper of the family.. lol

ok..

the "fakeout"

whether like it or not they come rather often then not..
different shapes.. different forms.. big deal i am so shaked out..
full, min or semi.. big deal i am so shaked out..
[i]my brother.. to maxout your takeout you gatta deal in this thing with the fakeout.. counter it like MJ's fadeway nottin but net fakeout.. shake...
Release that INNER RAPPER Fx DUDE!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,964
  • Oct 29, 2009 4:53am Oct 29, 2009 4:53am
Shnizzel my nizzile..
Quoting fxachilies
[size=3]to make my point across i stoll some words from Macdddy the official raper of the family.. lol

ok..

the "fakeout"

whether like it or not they come rather often then not..
different shapes.. different forms.. big deal i am so shaked out..
full, min or semi.. big deal i am so shaked out..
[i]my brother.. to maxout your takeout you gatta deal in this thing with the fakeout.. counter it like MJ's fadeway nottin but net fakeout.. shake...
Survive and Preserve
  • #9,965
  • Oct 29, 2009 5:37am Oct 29, 2009 5:37am
my trades so far today..
three shots.. three fakeouts.. three appropriate defensive play.. end result so far -15..
if not for the defensive play out lined with my plan.. only one of those fakeouts could have cost me atleast 30pips.. only one..

defenisve plays keeps you alive and your head above the water so u can financialy to afford and emotionally to be confidence enough to take action on most shots.. which it leads to higher chances of catching more runners.. our ultimate goal..
each one of those breaks could have been a possible runner!!! period.

stay focus.. stay patient.. stay sharp.. stay alert.. stand by your plan..
don't forget about this beast's weakness.. and that is:
price sooner or later... will........... go.......... on.......... RUNs..
thats where system II family come in and make their loud statement to the market and the world and more loudly in your bottomline..

http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 22 KB
  • #9,966
  • Oct 29, 2009 6:16am Oct 29, 2009 6:16am
Quoting ready
Hi Mac,

Thanks for your response and advice - much appreciated. I'm in this for the long haul

Again, many thanks and have a great day.
You're in good company fellow countryman. that's the spirit.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #9,967
  • Oct 29, 2009 6:39am Oct 29, 2009 6:39am
fourth try might be the charm out of the bracket..

lets see what happens..

http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 21 KB
  • #9,968
  • Oct 29, 2009 6:46am Oct 29, 2009 6:46am
Hi,

remember 45 mins to Unemployment claims and GDP BUT I too am short
Quoting fxachilies
fourth try might be the charm out of the bracket..

lets see what happens..

http://cdn.forexfactory.com/images/attach/gif.gif
Survive and Preserve
  • #9,969
  • Oct 29, 2009 6:59am Oct 29, 2009 6:59am
#1 is the prescriptions here..
and those two news can kiss both sides of my behind.. lol
  • #9,970
  • Oct 29, 2009 7:38am Oct 29, 2009 7:38am
damn it after 1 hour the news took out my stop in seconds. BE on the last trade.
  • #9,971
  • Oct 29, 2009 7:56am Oct 29, 2009 7:56am
I just tried trading the other side of the reaction... well well well I wont be doing that shit again -27... I just sat and watched in amazement...

Quoting kien27
damn it after 1 hour the news took out my stop in seconds. BE on the last trade.
Survive and Preserve
  • #9,972
  • Oct 29, 2009 8:05am Oct 29, 2009 8:05am
Quoting fxachilies
my trades so far today..
three shots.. three fakeouts.. three appropriate defensive play.. end result so far -15..
if not for the defensive play out lined with my plan.. only one of those fakeouts could have cost me atleast 30pips.. only one..

defenisve plays keeps you alive and your head above the water so u can financialy to afford and emotionally to be confidence enough to take action on most shots.. which it leads to higher chances of catching more runners.. our ultimate goal..
each one of those breaks could have been a possible runner!!!...
FX,

I personally appreciate very much you are always making efforts to carve this in our minds. It's your time and your energy and you are not asking anything in exchange for it.

And now... let's go with the flow!
  • #9,973
  • Oct 29, 2009 10:10am Oct 29, 2009 10:10am
Quoting fxachilies
my trades so far today..
three shots.. three fakeouts.. three appropriate defensive play.. end result so far -15..
if not for the defensive play out lined with my plan.. only one of those fakeouts could have cost me atleast 30pips.. only one..

defenisve plays keeps you alive and your head above the water so u can financialy to afford and emotionally to be confidence enough to take action on most shots.. which it leads to higher chances of catching more runners.. our ultimate goal..
each one of those breaks could have been a possible runner!!!...
Hey Fx yet again you tell it as it is. Guys read these posts by FX, look what he has done, played the patient game and now what ..... FLY ME TO THE MOON FRANKIE...........

Like he said it will run and it did, so now what - you still holding right ?

me too that market didn't shake my apple tree.
Survive and Preserve
  • #9,974
  • Oct 29, 2009 12:55pm Oct 29, 2009 12:55pm
First 50% closed at 15

Still holding the rest
Survive and Preserve
  • #9,975
  • Oct 29, 2009 2:13pm Oct 29, 2009 2:13pm
Closed the second 50% at 33
Survive and Preserve
  • #9,976
  • Oct 29, 2009 4:10pm Oct 29, 2009 4:10pm
Hi All

Here are my trades, total of +89 pips today
Attached Image (click to enlarge)
Click to Enlarge Name: 2009102901.jpg Size: 135 KB
Survive and Preserve
  • #9,977
  • Oct 29, 2009 4:55pm Oct 29, 2009 4:55pm
Paul,
Your charts and trading is like artwork!! Well done again.
Thanks for posting it every day. It keeps me motivated and confirms my believe in this System.
Hopefully not to long before I can join you guys on more regular basis.

Until then I am a student of what you guys are doing and teaching!

Survive and Preserve
I follow THE PLAN to Survive & Preserve..
  • #9,978
  • Oct 29, 2009 5:20pm Oct 29, 2009 5:20pm
Quoting kishou
Paul,
Your charts and trading is like artwork!! Well done again.
Thanks for posting it every day. It keeps me motivated and confirms my believe in this System.
Hopefully not to long before I can join you guys on more regular basis.

Until then I am a student of what you guys are doing and teaching!

Survive and Preserve
Hi Kishou,

No problems, just stick at it, it will come.
Survive and Preserve
  • #9,979
  • Oct 29, 2009 5:25pm Oct 29, 2009 5:25pm
HI,
here is my trades of the day.. i give u guys a bit of details on each and the days cycle..
not much really happened till after the news..
my first 3 trades pretty much all fakeouts and got me in a hole for -15.. on the fourth trade i actually felt pretty good bcz i had position myself in a no risk situation right before the u.s news.. but it went the otherway and took me out at BE after being in the the profit for +18 and a 50% chance to make mega bucks if news would have gone bearish.. so at this point i feel pretty shitty and frustrated.. 0-4 for -15 after so many hours.. ok.. then soon enough another opportunity knocks (trade 5) and life is good again... ummmmmm not so fast yet.. lets pause right here for a sec......!!! and go over whats creeping in our head..
am I now up for it? am i too down on myself? am i scared.. has fear captued my mind?.. what if this is another fakeout?.. what if.. what if..
belive it or not these are all the feelings that i feel aswell, still.. and manytimes in the past i have let runs slipp right by me, i was nothing but an audience.. or worst, I entered in late and out of place to only get top/bottom off..
so my point is.. everybody goes through the same thought/feel process.. you can't get away from it.. its impossible.. its always gonna be there.. buttttttttt at the same time.. its nothing that you can not over come.. you can pass over this.. you can step over it, above it, around it..
how? not with some magic.. but rather with some pure reality..
with screen time devotion.. with practise.. with repetition.. with nothing in your head but to excute your plan..

trade 5 & 6 worth 59 pips and put me above for +44 for the day..

some people might say in a 175 pips daily movment +44 is a unsatisfacory result.. and i say to them.. YA RIGHT.. lol
market is a big deciver in the hindsite..

anyways I hope it helps you in some ways..

http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 26 KB
  • #9,980
  • Oct 29, 2009 5:45pm Oct 29, 2009 5:45pm
Quoting PaulLangham
Hi All

Here are my trades, total of +89 pips today
Hi Paul,
nice trading.. great job

just one quick note..
I would be carefull taking on a position right on the news release.. you got to let it show his true color.. more often then not it will spike up and downs before really taking a finall direction.. and that would create all kinds of problem..
I do not recommend taking position right at the release..

anyhow, it worked out and another awsome paulie for you my man.. atta way to hold through the Bracket..
1 trader viewing now