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We all need pivots to win..yes or not? 13 replies

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The System II (Yes with irony)

  • #10,241
  • Nov 4, 2009 2:19am Nov 4, 2009 2:19am
Quoting comeinvest
hi,
do enlighten me, any reason for you to take this trade. Is there any changes on the system that required 30-40 ticks before forming a top & bottom? Thanks in advance.

We've come along way since then my friend . You must read the thread.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,242
  • Nov 4, 2009 2:21am Nov 4, 2009 2:21am
Fx
why idiot ? you have seen OK...
from FF Calendar (GMT+2) ...Wed Nov 4
15:15 ADP Non-Farm Employment Change (red)
17:00 ISM Non-Manufacturing PMI (red)
21:15 FOMC also called Interest Rate Statement (red)
21:15 Federal Funds Rate
Pls correct me if I am wrong
regards
davi4u

Quoting fxachilies
.. omg.. i am such an idiot..

I am so sorry guys.. elizo is so right, thanks buddy..
everyone please disregard my last post.. i am going to delet it in a min..
..
  • #10,243
  • Nov 4, 2009 2:22am Nov 4, 2009 2:22am
Quoting mac1956
We've come along way since then my friend . You must read the thread.
Ops, so sorry. think i have to read all pages before posting something noob

All the best in your trades

Cheers
  • #10,244
  • Nov 4, 2009 2:23am Nov 4, 2009 2:23am
Quoting comeinvest
Ops, so sorry. think i have to read all pages before posting something noob

All the best in your trades

Cheers
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,245
  • Nov 4, 2009 2:30am Nov 4, 2009 2:30am
Quoting mac1956
We've come along way since then my friend . You must read the thread.
This is the answer.....

Out at -6 anyway
  • #10,246
  • Nov 4, 2009 2:31am Nov 4, 2009 2:31am
Exited -7
I'm gonna have coffee and return to reassess the situation.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #10,247
  • Nov 4, 2009 2:34am Nov 4, 2009 2:34am
Quoting jplo
long now.....
Alos took the long
Survive and Preserve
  • #10,248
  • Nov 4, 2009 2:37am Nov 4, 2009 2:37am
Comeinvest ... this is something posted earlier fyi:

tghfbt8
Member Member Since Sep 2009
79 Posts


--------------------------------------------------------------------------------
Quote:
Originally Posted by DougRH4x
Are there any downloads for this? If so I would appreciate any info &/or links.
Quote:
I picked out some of the important posts that helps you to stay current with the thread while you are continuing reading the whole thing.. I highly suggest to atleast read the first 50 pgs before going through below posts..
read in this order plz..
4538
4613
1324 (mostly red parts)
538 expectancy by feb
4326 success formula
3420 fcr introduction
4219 #1&2 explanation
4486..3909..3973
+ couple weekends before by fx
  • #10,249
  • Nov 4, 2009 2:56am Nov 4, 2009 2:56am
Thanks a lot for your help.

Quoting DesertFX
Comeinvest ... this is something posted earlier fyi:

tghfbt8
Member Member Since Sep 2009
79 Posts


--------------------------------------------------------------------------------
Quote:
Originally Posted by DougRH4x
Are there any downloads for this? If so I would appreciate any info &/or links.
Quote:
[b][color=darkred]I...
  • #10,250
  • Nov 4, 2009 2:56am Nov 4, 2009 2:56am
Also understand when this "method" is traded. 2 hours before london and to at least two hours in nyc open
Quoting DesertFX
Comeinvest ... this is something posted earlier fyi:

tghfbt8
Member Member Since Sep 2009
79 Posts


--------------------------------------------------------------------------------
Quote:
Originally Posted by DougRH4x
Are there any downloads for this? If so I would appreciate any info &/or links.
Quote:
[b][color=darkred]I...
Survive and Preserve
  • #10,251
  • Nov 4, 2009 3:04am Nov 4, 2009 3:04am
This is how I see the situation now..

Maybe it was my mistake to bail out so quickly from the continuation, but as I saw it was like we came from a LL and price hesitate too much to finally go back below the line....

So, it is true that price is going up, but personaly not the type of PA that I was waiting for.....

So I rather loss 6 pips but I'm out from the market to let things develope a little bit more

only my views from my humble point of view.....
  • #10,252
  • Nov 4, 2009 3:17am Nov 4, 2009 3:17am
Such choppy price action ... clearly mkt not taking any decisive moves ahead of FOMC.
  • #10,253
  • Nov 4, 2009 4:08am Nov 4, 2009 4:08am
we have a fcr1 ,pos. entry at 1.4749...... def play #2
  • #10,254
  • Nov 4, 2009 4:22am Nov 4, 2009 4:22am
Quoting FOURX
we have a fcr1 ,pos. entry at 1.4749...... def play #2
Yes I am looking at that too .. playing #2 too if done.
  • #10,255
  • Nov 4, 2009 4:26am Nov 4, 2009 4:26am
i was looking at that too but as a bracket break and def #2g+. now i am unsure
  • #10,256
  • Nov 4, 2009 4:30am Nov 4, 2009 4:30am
Quoting iak
i was looking at that too but as a bracket break and def #2g+. now i am unsure
I am with you iak, Bracket Break. You have three other failures within 5 pips of it
"Save your ass, then go for profit"
  • #10,257
  • Nov 4, 2009 4:30am Nov 4, 2009 4:30am
going with BB. #2G+ if needed
  • #10,258
  • Nov 4, 2009 4:30am Nov 4, 2009 4:30am
guys,
market seems like is on a pause ahead of major annoucments..
I have taken two shots so far myself and now giving it a rest till i see some speed and rhytym.. market is super flat and it can't reveal its obviousness any better than it has in the last a few hours..
i would not be too anxious to get a trade in untill i see some reall movments.. only in such days I prefer to not get invlove with early enteries that i love so much but rather wait for a later ones with some movment and momentum behind it.. this saves me from extra/ unnecessary fakeouts..
  • #10,259
  • Nov 4, 2009 4:39am Nov 4, 2009 4:39am
The boss has talked here.... everything is said

Apart from that, in another situation I would see that 4753 as a BB so move 2G+ in mind in case a fake....
FCR usually has only 1 or 2 points to define it, if price tops 3 or 4 times on the same spot I personally take it as a range......
As it was said a lot of times by Fx, many FCR's close to each other define we may begin a chopy monster, so a range in place, that we have to let it jam up for a while.....

Hope it helps...
  • #10,260
  • Nov 4, 2009 4:45am Nov 4, 2009 4:45am
Quoting jplo
The boss has talked here.... everything is said

Apart from that, in another situation I would see that 4753 as a BB so move 2G+ in mind in case a fake....
FCR usually has only 1 or 2 points to define it, if price tops 3 or 4 times on the same spot I personally take it as a range......

Hope it helps...
yes jplo, it has developed into a range now, only since this last push up to 65 in my opinion........... previous to that it was posting Lower hi's from the top
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