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System 2 (AUD trading)

  • #21
  • Nov 10, 2009 8:53am Nov 10, 2009 8:53am
Quoting en0x
Hi Ben,

I take it you are a system2 trader? If so feel free to post charts and trade with me. Its kinda lonely here

Paul M from System 2 will also join us sometimes as well as a few others. I am hoping Froggy10 comes on board as he is a audusd trader too (as far as I know he uses System2)
no im not there yet ! still reading and learning how you scalp with the naked chart and im loving it especially the chart/s you post, keep them coming buddy, i'll visit here often thats for sure!
  • #22
  • Nov 10, 2009 2:50pm Nov 10, 2009 2:50pm
Good Morning AUD traders. Lets see what AUd wants to do today. Just a reminder its chinese news today in about 5 hours or so. Not sure what it will do but no harm in noting it.
Survive and Preserve
  • #23
  • Nov 10, 2009 3:30pm Nov 10, 2009 3:30pm
Quoting en0x
Good Morning AUD traders. Lets see what AUd wants to do today. Just a reminder its chinese news today in about 5 hours or so. Not sure what it will do but no harm in noting it.
Good Morning

I have been having the same issues as enox, not being able to trade the euro for NYC. Missing runners while often sustaining losses in the london session.

I won't be here every day as I still need to work to pay the mortgage but often work from my home office so will be trading then .....

OK got trades set at 9310 and 9283
"Save your ass, then go for profit"
  • #24
  • Nov 10, 2009 3:42pm Nov 10, 2009 3:42pm
good day chris - could use some mojo today, after the New York market a little movement would be nice. Will stand with you since my afternoon meeting was canceled.
I make money anywhere in the world by taking orders
  • #25
  • Nov 10, 2009 3:53pm Nov 10, 2009 3:53pm
OK.. Long from 9310. Calling it a 123s and playing #2 but will be watching closely and not giving it much room as close to major HH
"Save your ass, then go for profit"
  • #26
  • Nov 10, 2009 5:02pm Nov 10, 2009 5:02pm
Quoting Paul M
OK.. Long from 9310. Calling it a 123s and playing #2 but will be watching closely and not giving it much room as close to major HH

Out of the long for -10. In hindsight waited to long could have got out at -5. ... blah blah blah
"Save your ass, then go for profit"
  • #27
  • Nov 10, 2009 5:06pm Nov 10, 2009 5:06pm
Quoting Paul M
Out of the long for -10. In hindsight waited to long could have got out at -5. ... blah blah blah
I am still hanging in there. blah
I make money anywhere in the world by taking orders
  • #28
  • Nov 10, 2009 5:11pm Nov 10, 2009 5:11pm
Yeah with you Sedona, still holding my stop is 9292 (hard stop) . Very slow at the moment :-/
Quoting SedonaPipper
I am still hanging in there. blah
Survive and Preserve
  • #29
  • Nov 10, 2009 5:13pm Nov 10, 2009 5:13pm
Quoting en0x
Yeah with you Sedona, still holding my stop is 9292 (hard stop) . Very slow at the moment :-/
my mental stop is a close below 9300
I make money anywhere in the world by taking orders
  • #30
  • Nov 10, 2009 5:19pm Nov 10, 2009 5:19pm
Quoting en0x
Yeah with you Sedona, still holding my stop is 9292 (hard stop) . Very slow at the moment :-/
Sedona and Chris well done for hanging on. Unfortunatley i moved my hard stop to 9300, when i had to pop out. Should have moved it away when i got back but didn't blah blah blah.

Lets hope it breaks north
"Save your ass, then go for profit"
  • #31
  • Nov 10, 2009 5:22pm Nov 10, 2009 5:22pm
Quoting Paul M
Sedona and Chris well done for hanging on. Unfortunatley i moved my hard stop to 9300, when i had to pop out. Should have moved it away when i got back but didn't blah blah blah.

Lets hope it breaks north
too early for us to crow - have a couple of hurdles in front of us
I make money anywhere in the world by taking orders
  • #32
  • Nov 10, 2009 5:26pm Nov 10, 2009 5:26pm
I'm not a system 2 trader, however just reading your posts from yesterday my set-ups were pretty similiar to yours.

nice thread.
  • #33
  • Nov 10, 2009 5:37pm Nov 10, 2009 5:37pm
Quoting SedonaPipper
too early for us to crow - have a couple of hurdles in front of us
out at -10 which means the market is going to take off - stuck to my plan though I feel like I was being a little tight on my expectations.
I make money anywhere in the world by taking orders
  • #34
  • Nov 10, 2009 5:45pm Nov 10, 2009 5:45pm
I am short at 9295 off the fcr
I make money anywhere in the world by taking orders
  • #35
  • Nov 10, 2009 5:52pm Nov 10, 2009 5:52pm
Quoting SedonaPipper
I am short at 9295 off the fcr
I am calling it a bracket. Short order at 9293
"Save your ass, then go for profit"
  • #36
  • Nov 10, 2009 6:00pm Nov 10, 2009 6:00pm
Quoting Paul M
I am calling it a bracket. Short order at 9293
yep didn't go back far enough and am out - 10
I make money anywhere in the world by taking orders
  • #37
  • Nov 10, 2009 6:54pm Nov 10, 2009 6:54pm
This market needs some prunes
"Save your ass, then go for profit"
  • #38
  • Nov 10, 2009 7:00pm Nov 10, 2009 7:00pm
Guys, we have chinese data out soon, maybe market is waiting on that? I am still long ...

Quoting Paul M
This market needs some prunes
Survive and Preserve
  • #39
  • Nov 10, 2009 8:32pm Nov 10, 2009 8:32pm
Right, I ended up being stopped out for -20 and taking the short.

That was bad bad bad on my part. Poor form, I moved my SL down with hope the news would actually do what it was thought to be done.

See, get clever, get your ass wipped , that is what the prof traders want, us to be clever so they can take our cash.

anyways, short now. lets see if we going to get SOME movement for the day. wow, slow slow day.

Quoting en0x
Guys, we have chinese data out soon, maybe market is waiting on that? I am still long ...
Survive and Preserve
  • #40
  • Nov 10, 2009 8:39pm Nov 10, 2009 8:39pm
Quoting en0x
Right, I ended up being stopped out for -20 and taking the short.

That was bad bad bad on my part. Poor form, I moved my SL down with hope the news would actually do what it was thought to be done.

See, get clever, get your ass wipped , that is what the prof traders want, us to be clever so they can take our cash.

anyways, short now. lets see if we going to get SOME movement for the day. wow, slow slow day.
I took another -10 on the fakeout long. Short now from 9291.
"Save your ass, then go for profit"
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