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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)

  • #10,161
  • Nov 3, 2009 4:03am Nov 3, 2009 4:03am
PUTTING MY SL AT +100 pips !!!!!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,162
  • Nov 3, 2009 4:04am Nov 3, 2009 4:04am
Quoting DesertFX
Took profit.

The test now is how to handle fake outs ... still new to this strategy.

Thanks FX for the help bro.

think i took profit early ))
  • #10,163
  • Nov 3, 2009 4:05am Nov 3, 2009 4:05am
Nice..............
  • #10,164
  • Nov 3, 2009 4:06am Nov 3, 2009 4:06am
lovin the ride, muah my best trade so far thanks guys
  • #10,165
  • Nov 3, 2009 4:07am Nov 3, 2009 4:07am
Quoting DesertFX
Off topic comment here .. just in case anyone is interested in the macro economics side of things .. this week is very heavy in terms of data e.g. FOMC tomorrow and US non farm payrolls friday.

USD is rallying on the back of risk aversion with the equity market selling off. This week could be volatile and if equities continue to sell off, we could see some very interesting moves in currencies.
lol.. who knows..

what if u dont see the big volitility? what are u gonna do?
what if u do see a bigtime volitility? what are u gonna do?
what if u see alittle? what are u gonna do?
what if u see avg volitility? what are u gonna do?

are u gonna do anything different than what we are doing here?.. what PA would show you?
if yes.. then who caresssssssss..

follow the PA and stick to your plan.. thats all u need trust me..
  • #10,166
  • Nov 3, 2009 4:07am Nov 3, 2009 4:07am
Unbe-f#£$&ng-lievable - I'm trailing the SL now at 20 pips gap - 14667.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,167
  • Nov 3, 2009 4:08am Nov 3, 2009 4:08am
Quoting mac1956
PUTTING MY SL AT +100 pips !!!!!






What a nice opportunity to play #1 = the notes machine..... LOL
  • #10,168
  • Nov 3, 2009 4:09am Nov 3, 2009 4:09am
Quoting mac1956
PUTTING MY SL AT +100 pips !!!!!

lol..
big daddypaulie is in da houseeeeeeeee...
i love it...
  • #10,169
  • Nov 3, 2009 4:14am Nov 3, 2009 4:14am
i took 2g+ at first retrace but thankfully got back in when things resumed south. +60 locked in at mo. nice one macdaddy!!!! what a great morning
  • #10,170
  • Edited 4:33am Nov 3, 2009 4:18am | Edited 4:33am
124 pip trade - I thank you......
plus a bonus 10 for my second nerve crunching short.

My hands are shaking a bit now - I was determined to hold on especially after my
crappy opening yesterday where I regressed to Mactoddler aged 5 yrs.

Fx - I have you to thank for my breakthroughs in this style of trading.
Feb for originating the thread, but your tenacity, uncompromising quality of feedback,
genuine joy for us when we crack it, always there for us family members -
YOU ARE A UNIQUE AND EXTRAORDINARY PERSON and it is my honour to
have been taught by you.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,171
  • Nov 3, 2009 4:21am Nov 3, 2009 4:21am
Quoting mac1956
PUTTING MY SL AT +100 pips !!!!!
CHER CHING !!!!!!!!!!!!!!!!!! LOL
Survive and Preserve
  • #10,172
  • Nov 3, 2009 4:24am Nov 3, 2009 4:24am
Quoting fxachilies
lol.. who knows..

what if u dont see the big volitility? what are u gonna do?
what if u do see a bigtime volitility? what are u gonna do?
what if u see alittle? what are u gonna do?
what if u see avg volitility? what are u gonna do?

are u gonna do anything different than what we are doing here?.. what PA would show you?
if yes.. then who caresssssssss..

follow the PA and stick to your plan.. thats all u need trust me..

yes I agree with you FX.

As soon as you start to justify moves , justify what is going happen and when, the inevitable will happen, and you all know what that is guys and it is n't pretty. Death by a thousand losing trades and pain to go with it..

Stick to price, play the moves as has been laid out on a plate for you here and get rich slowly..... The rest is noise forget it
Survive and Preserve
  • #10,173
  • Nov 3, 2009 4:27am Nov 3, 2009 4:27am
demonstrating what exactly?well.......

demonstrating 50% retrace? or 38% or 61% or 23% or any of this crap..no no just the 50%

if your demonstrating it that means very well that u use it..what???

all this time here G and u have missed the whole threads purpose.. and that is to train you naked eye to see the market in purity..i'm confused....
feb's wored

riginally Posted by gevellber02 http://cdn.forexfactory.com/images/buttons/viewpost.gif hay
in this particular you reference only to the 50%, because there was no swing high that you put your SL above it???
am i right ???

Yes, exactly....actually we had a triple top on that trade...

You can look either 50% of the move or a last swing...whatever comes first.

The idea is to keep the stop out of the noise as much a possible.

Base the trade on your naked eye and do a calculated risk. I tell you, there's nothing more you can do. I like to see the relationship between the 50% line and the last swing..I mean, it's just me...use whatever flavors you like...just keep the stop out of the way brother!!!http://cdn.forexfactory.com/images/s...im/winking.gif
and pull the trigger...that's you job don't forget.... __________________
Peace
it's a huge gap tony, a huge gap.
  • #10,174
  • Nov 3, 2009 4:28am Nov 3, 2009 4:28am
I've closed it for +97 playing #1 and with rentry option open @ 4641

Nice runner so far....
  • #10,175
  • Nov 3, 2009 4:29am Nov 3, 2009 4:29am
Whats the next move?
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  • #10,176
  • Nov 3, 2009 4:29am Nov 3, 2009 4:29am
Quoting mac1956
124 pip trade - I thank you......
plus a bonus 10 for my second nerve crunching short.

My hands are shaking a bit now - I was determined to hold on especially after my
crappy opening yesterday where I regressed to MacD aged 5 yrs.

Fx - I have you to thank for my breakthroughs in this style of trading.
Feb for originating the thread, but your tenacity, uncompromising quality of feedback,
genuine joy for us when we crack it, always there for us family members -
YOU ARE A UNIQUE AND EXTRAORDINARY PERSON and it is my honour to
have been taught...
well played mac daddy !
Survive and Preserve
  • #10,177
  • Nov 3, 2009 4:30am Nov 3, 2009 4:30am
My chart. I'm finished for the day now.
Just under four hours. This trading philosophy blows me away!!!
I'll be back for more when I'm in a fit state to see the chart properly.

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$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,178
  • Nov 3, 2009 4:32am Nov 3, 2009 4:32am
Quoting PaulLangham
well played mac daddy !

You're a true pal Paul.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,179
  • Nov 3, 2009 4:34am Nov 3, 2009 4:34am
ok... do u guys like this market today.. i bet u do..

lets talk about it..
obviously some major cat big gun moved the market and the heard followed it.. now the question is... how the fuck fxachillies and Macdaddy and some of you guys banked big on this?

were we in direct contact with the big cats? did they tell us there plan? when and how and where they will move the market?
obvious answer is no.. I know i was not in direct contact with any of these mattta's.. lol.. sometimes my dog is (inside joke)..

so what did we do to capitalize big on this massive move? and do we really need anything else than that? if no.. then arrest my case.. if yes please explain.. I am all ears.. lol
  • #10,180
  • Nov 3, 2009 4:36am Nov 3, 2009 4:36am
Quoting PaulLangham
yes I agree with you FX.

As soon as you start to justify moves , justify what is going happen and when, the inevitable will happen, and you all know what that is guys and it is n't pretty. Death by a thousand losing trades and pain to go with it..

Stick to price, play the moves as has been laid out on a plate for you here and get rich slowly..... The rest is noise forget it
I cannot agree more with you here guys......
This is the one and only real thing...
The worst thing to deal with, is with lack of confidence taking shots....
I'm talking first hand here.....
PA can do whatever in whatever situation, if we take it for granted is a huge mistake.........
We cannot overanalize or forcing the future, we can only react quickly acordingly to our expctancy skills, represented by our plans....
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